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Collaboration, Technology Among Key Takeaways from CFMA National Conference

Viewpoint Construction Technology

From legislative work on revenue recognition, FASB and other tax issues to providing key financial indicators and industry benchmarks to the association’s Construction Industry Alliance for Suicide Prevention , CFMA and its members are helping to pave a better path for construction’s future.

CFMA 135
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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting that govern the preparation of financial reports by nongovernmental entities. See more at: [link]. Visit [link] to learn more.

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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

But the latest innovations in construction project management software provide an exciting level of financial clarity—especially useful to connect project finances to accounting decision-makers. Revenue recognition is the accounting of revenue when certain conditions are met on a project. That includes accounting.