Accounting Documentation Liability 
Contractor Bookkeeping
SEPTEMBER 15, 2023
Unfortunately, when a construction business grows, and staff need to be hired – or the owner needs to take time away from the company – it's an absolute liability not having processes and systems documented in one place. To be in business and to remain in business, become a business person!
Construction Business Owner
JUNE 1, 2022
It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.
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Construction Business Owner
JUNE 29, 2012
ACCOUNTING |. Accounting & Finance. Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? STRATEGY |. MANAGEMENT |. SOFTWARE |.
Construction Business Owner
JULY 12, 2012
ACCOUNTING |. Accounting & Finance. « Public Exposure and Liability on Construction Sites. Project Document Management : Your Communication Strategy. So focusing on a plan to improve project document management is a great start to better project communications. Document availability. STRATEGY |.
Construction Business Owner
JANUARY 12, 2012
ACCOUNTING |. Accounting & Finance. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Needless to say, most accounting departments are rather busy right now. Archiving documents. Public Exposure and Liability on Construction Sites.
Construction Business Owner
AUGUST 30, 2011
ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry. STRATEGY |.
Construction Business Owner
SEPTEMBER 27, 2011
ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? As I said, be sure to talk with your CPA or tax specialist so that you know what you qualify for before making any purchases—whether it’s construction accounting software or a back hoe, you’ll want to make sure you’re informed! STRATEGY |.
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