Contractor Bookkeeping
JUNE 16, 2023
As a small business owner, you know that managing your finances is crucial to the success of your business. But with so many accounting principles and practices, it can be challenging to know where to start. This guide will break down the essential accounting principles that every small business owner should know.
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. Greg Ragsdale.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CivilJungle
AUGUST 8, 2022
Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The kata simulates the account , and documents are essential when conducting land from one to another. Khata Deed.
Job Order Contracting
OCTOBER 17, 2023
For decades attention has failed to focus on the need for continuous, competent, and accountable leadership and the effects upon finances, reputations, relationships, communities, and overall organizational missions.
Viewpoint Construction Technology
JUNE 5, 2018
Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Understand the Effect on Construction Accounting. As we’ve discussed, the changes will definitely affect contract accounting at your business.
Viewpoint Construction Technology
APRIL 17, 2018
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.
Construction Law
DECEMBER 2, 2022
ICE’s report says accurate emissions reporting must become integral in the design of major infrastructure if private finance is to help fund green projects. It also says that strict benchmarks and assessment criteria will soon require civil engineers to account for the carbon output and sustainability of the infrastructure they design.
Expert insights. Personalized for you.
91 
Let's personalize your content