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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. Identify the Contract.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. STRATEGY |. MANAGEMENT |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Learn how better change order management and forecasting can help prevent profit fade. Tags accounting. accounting software. change orders.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

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