Accounting Finance Liability Resource 
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.
Levelset
JULY 25, 2022
Joshua Leyenhorst, a CPA at BasePoint who has worked with many construction companies, defines capital like this: “Capital is all of the financial resources available to start or maintain a construction company, including working capital, debt capital, and equity capital.” 3 types of capital for construction.
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Construction Business Owner
FEBRUARY 16, 2012
ACCOUNTING |. Accounting & Finance. Resource Center. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. Lines of credit are meant to be a short-term cash solution while you’re waiting for accounts receivable to come in. MANAGEMENT |.
Construction Business Owner
JANUARY 12, 2012
ACCOUNTING |. Accounting & Finance. Resource Center. The Expensive Process of Bidding » Save Time, Resources – File Electronically. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Tags accounting. accounting software.
Construction Business Owner
DECEMBER 20, 2011
ACCOUNTING |. Accounting & Finance. Resource Center. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software. Construction Accounting Software. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology.
Construction Business Owner
SEPTEMBER 27, 2011
ACCOUNTING |. Accounting & Finance. Resource Center. « 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. MANAGEMENT |.
Construction Business Owner
JANUARY 18, 2012
ACCOUNTING |. Accounting & Finance. Resource Center. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Public Exposure and Liability on Construction Sites. Tags accounting.
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