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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. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Chuck Elyea, Viewpoint Software’s market development manager and CBO will conduct a webinar on April 28 at 1 p.m. Tags accounting. accounting software.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. Tags accounting. accounting software. Construction Accounting Software.

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Relationship between the designer and the contractor

Construction Business Owner

ACCOUNTING |. Accounting & Finance. I found myself wishing that there was a neutral corner to which each opposing viewpoint could be sent for a standing eight count in order to clear their minds and start the discussion over. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |.