Remove Accounting Remove Documentation Remove Finance Remove Liability
article thumbnail

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. Greg Ragsdale.

Leases 178
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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 |.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Xero Accounting Online Setup Errors Fixed Fast And Easy!

Contractor Bookkeeping

Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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 |.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. Bring all your financial documents to the initial meeting. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

Banking 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software. Construction Accounting Software. Construction Accounting Software. document management. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

Software 120