Accounting Finance Legal 
Construction Marketing
FEBRUARY 11, 2021
9) Legality and Taxes. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. Plus, establishing your business credit will make financing your business easier. . 11) Accounting. There are various business structures.
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. Greg Ragsdale.
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Viewpoint Construction Technology
JUNE 5, 2018
Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Understand the Effect on Construction Accounting. As we’ve discussed, the changes will definitely affect contract accounting at your business.
Contractor Bookkeeping
JUNE 16, 2023
As a small business owner, you know that managing your finances is crucial to the success of your business. But with so many accounting principles and practices, it can be challenging to know where to start. This guide will break down the essential accounting principles that every small business owner should know.
Viewpoint Construction Technology
APRIL 17, 2018
The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Identify the Contract.
Job Order Contracting
OCTOBER 17, 2023
For decades attention has failed to focus on the need for continuous, competent, and accountable leadership and the effects upon finances, reputations, relationships, communities, and overall organizational missions.
Construction Business Owner
SEPTEMBER 27, 2011
ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. Tags accounting. accounting software.
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