Contractor Bookkeeping

OCTOBER 18, 2013

No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it. And Job Costing Bankruptcy Is A Matter Of Time! Is Committed And The Hen Is Only Involved!

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Contractor Bookkeeping

FEBRUARY 5, 2014

At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated. Expenses - Overhead required to maintain business operations. Cost of Goods Sold - If they sell products with 1-4 categories.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

AUGUST 6, 2014

Each major category, Sales, Cost of Goods Sold, Overhead, Other Expenses and Other Income are rated on a scale of top 25%, middle 50% and bottom 25%. Finally a Z-Score is compiled which is a formula for predicting bankruptcy. The formula may be used to predict the probability that a firm will go into bankruptcy within two years.

Finance 48

Finance Accounting Construction Banking 48

Contractor Bookkeeping

FEBRUARY 14, 2014

History is repeating itself and we are seeing a lot construction firms are being run by men and women with university degrees and they are bringing faster schedules, safer projects, better quality, more communications, better technology, all at much lower prices. Innovation Or Bankruptcy. With Highly Skilled Technicians Maintaining It.

FAQ 49

FAQ Contractors Accounting Security 49