Construction Business Owner

JUNE 1, 2022

It is time for contractors to get serious about the new accounting lease standard. It is time for contractors to get serious about the FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). Determine how to account for each lease.

Leases 177

Leases FASB Accounting Finance 177

Construction Business Owner

JUNE 8, 2017

After years of work, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued ASU 2014-09, the Revised Revenue Recognition Model.

IASB 168

IASB FASB United States Accounting 168

Construction Business Owner

JUNE 28, 2017

After years of work, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued ASU 2014-09, the Revised Revenue Recognition Model.

IASB 159

IASB FASB United States Accounting 159

Contractor Bookkeeping

JULY 24, 2014

It is important to compare your results to industry standards to determine where you need to improve your contracting company business model. Bankers and lenders want to see consistency, so use a construction accounting software like QuickBooks, Dexter+Chaney, Maxwell, ComputerEase or something similar. See more at: [link].

Accounting 48

Accounting Construction Contractors Profitability 48