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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

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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The digital black hole impacting the construction industry

Fieldwire

This way of working is neither transparent nor accountable, and it’s easy for asset management to become dependent on specific individuals – meaning it’s difficult and complex for anyone else to pick up the baton if a key person is out of the office. This can help improve planning and overall profitability.

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The Financial Case for High Performance Buildings: Why It Matters

Stok

In a white paper on The Financial Case for High Performance Buildings, set to be publicly available in September 2018, stok argues that the seemingly intangible occupant impacts of the built environment are quantifiable from a bottom line perspective. At the same time, buildings account for over 40% of U.S. Key Findings.

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Ask A Bookkeeper Easy End Of The Year QuickBooks / Xero Accounting

Contractor Bookkeeping

Fast Easy Presentation For Year-End QuickBooks Or Xero Accounting Online. In thirty minutes or less Randal will show you the fast easy accounting checklists his office uses to prepare their client’s QuickBooks and Xero Accounting Online files for the year end. Thursday, December 05, 2013 6:30PM - 8:30PM.

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Construction Accounting Software Implementation Checklist

Construction Business Owner

Construction Accounting Software Implementation Checklist. Implementing new accounting software isn’t as simple as installing your favorite browser on a new computer. Fill out the form on this page to download this white paper. . Accounting Technology. Section In the Office. accounting software.

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The Blueprint for Better Expense Management

Construction Business Owner

When the expense management process runs smoothly, your crew can keep jobs running, the accounting team can bill customers promptly and close the books on time, and your management team has the right data to manage budgets and bid future jobs. Streamline the accounting process. Accounting & Finance. Section In the Office.

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5 Ways Contractors Can Improve Profitability

Construction Business Owner

Your accounting team has an opportunity to make a major contribution to your firm’s bottom line. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. In this white paper, you’ll learn: 5 key areas your project accountants should be watching.