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.
Safety Services Company
DECEMBER 1, 2023
If both have all the resources needed to complete a job, why does Bob continue to stand out? With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Here’s where things change. The difference lies in how each prioritizes safety and compliance.
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Contractor Bookkeeping
MAY 17, 2013
All Accounting Methods Share The Same Accounting Equations. Assets - Liabilities) = Equity. Regular Accounting - Is roughly 80% of all accounting and Accounting for businesses in the world. Regular Accounting - Is roughly 80% of all accounting and Accounting for businesses in the world.
Levelset
SEPTEMBER 14, 2022
“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. An uninsured business would likely not have the financial resources to pay a large legal settlement.
Safety Services Company
FEBRUARY 4, 2014
Insurance Documents: General Liability, Automobile Liability, Limits, Workers’ Compensation, Experience Modification Rates, etc. Keeping your third-party auditor account maintained is crucial to remaining eligible to work with these important Owner Operator companies. You should log into your account at least once a week.
Green Building Law Update
NOVEMBER 17, 2019
Adverse health impacts from PFOA are being policed by the marketplace and enforced by the rule of law through these common law state tort liability suits. Troubling to some is that green building programs, including LEED’s Materials & Resources credits do not track or even take into account PFOA. Some suggest the U.S.
Construction Marketing
DECEMBER 2, 2014
Amazon is trying to better compete with brick-and-mortar stores, which account for 90% of retail sales. Amazon plans on conducting background checks on the businesses and will determine if they have liability insurance. This service will take time and many resources to grow. Hurdles and Competitors.
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