Accounting Construction Industrial Liability 
Job Order Contracting
MARCH 28, 2024
Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers.
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.
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Lets Build
DECEMBER 2, 2022
It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. Supplier and vendor failures.
Safety Services Company
DECEMBER 1, 2023
Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. Consider this! Here’s where things change.
Safety Services Company
JANUARY 5, 2024
As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Let’s explore key hazards and essential safety tips to navigate construction in the winter.
Levelset
JULY 25, 2022
Construction companies need capital to get off the ground, stay in business, and keep growing. The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Construction companies need a solid understanding of capital to run a successful business. .
Autodesk Construction Cloud
FEBRUARY 25, 2022
For one thing, circumstances can change quickly in today’s uncertain construction industry. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities . Accounts Receivable Turnover . Current Ratio . Debt-to-Equity .
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