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3 Keys for Contractors to Navigate New Revenue Recognition Standards

Viewpoint Construction Technology

Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Nonpublic entities must begin doing so in 2019. Understand the Effect on Construction Accounting. Create an Implementation Action Plan.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers.

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Making Sense of the Construction Tax Landscape

Viewpoint Construction Technology

One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Manage the company’s cash effectively to account for future downturns. A Tax Review. In the kickoff event, held Feb. 5 in San Francisco.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

This practice does not work for material, labor, equipment, nor does it account for local market productivity in any effective manner. Locally researched JOC Price Books are readily available to provide cost visibility, cost transparency, and therefore improve cost management. 5117.9003-1 Planning and coordination. (a)

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Retrofitting Europe’s Homes: How Digital Construction can Support Greener, Affordable Housing

Autodesk Construction Cloud

In 2019, 30% of the residents of these tenements were classed as fuel poor , meaning they pay more than 10% of their disposable income on heating. Across the EU, buildings account for 25% of greenhouse gas emissions. Creating as-built models for smarter planning and efficient maintenance.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

Both programs have been extended until July 1, 2019. The company’s plans call for the creation of 35 new jobs to support its significant growth over the past few years. Several senior executives as well as finance, accounting, retail operations and other administrative groups are among the 175 jobs to be relocated to the Garden State.

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Build Your Dream Home with BRIKS Design-Build Group

BRIKS Design-Build Group

Posted On April 25, 2019 By admin In Uncategorized / . Planning to Design-Build. You must take into account budget restrictions, property constraints or site availability. Unless you’re paying cash, you might need to secure financing for a new construction loan. Consider what’s important to you in a new home.

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