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How U.S. Corporations World Banking Influences Construction Industry

Contractor Bookkeeping

Today's Guest Article Is From Kaya Johnson, Sales Accountant. Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same. The other country with major influence over the World Bank. Multinational U.S. What the end result is.

Banking 54
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Setting Up the Chart of Accounts: QuickBooks for Contractors

Levelset

The Chart of Accounts is the heart of every contractor’s accounting system , whether you’re using QuickBooks or any other construction accounting software. In this article, we’ll explain how a contractor’s Chart of Accounts should be set up in QuickBooks , with a free customizable template for construction. .

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How to Increase Cash Flow for Your Construction Business When You Can’t Get the Financing You Need From the Bank

Levelset

Add in being denied a bank loan, and the frustrations mount. With your back against the wall, dipping into your personal bank account may feel like an easy solution. But when you take into account how long it takes for specialty contractors to get paid, it gets risky quickly, especially if you’re just starting out.

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The upside of job costing: More accurate estimates means more money in the bank

Lets Build

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

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.

Leases 178
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Toxic and dysfunctional industry awaits its revolution

Construction Law

The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.

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What Happened at the 2017 CFMA Conference?

Construction Business Owner

Membership in CFMA is represented by all types of general contractors, specialty trades and construction managers, with a large number of professionals in the accounting, insurance, surety, software, legal and banking industries.

CFMA 136