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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 FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). This requirement is FASB aiming for better transparency into the financial positions of companies. Accounting & Finance. Greg Ragsdale.

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

When you own a small contracting company, like a residential remodeler, plumber, electrician, concrete contractor, flooring contractor or any other construction related company it is imperative that you have a good clean set of books that are consistent and updated regularly. See more at: [link].

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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

Construction accounting software is a must-have, but may seem daunting to implement new solutions if your accounting technology hasn’t kept up with the complexities of your growing business. No stranger to disruption, the construction industry is experiencing higher levels of digitization than ever before. That includes accounting.