topic

Accounting

Accounting insights for construction firms—job costing, financial reporting, cash flow and bookkeeping strategies to keep contractors profitable.

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    Improve Your Construction Financial Outlook

    Stop leaving money on the table’take advantage of these cash-saving opportunities.
    Read More →: Improve Your Construction Financial Outlook
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    GE Capital Expands Construction Finance Business

    IRVING, Texas, Jan 23, 2012 (BUSINESS WIRE)—In advance of a busy trade show season, GE Capital, Dealer Finance announced that it is doubling its sales force to support growing retail and wholesale demand for construction equipment financing. GE Capital’s lending to the construction industry grew 36% in 2011 and the outlook for 2012 activity is strong, necessitating additional staff. “The new hires will be spread across 10 regions in the U.S. to provide one-on-one assistance to our wholesale and retail customers when necessary,” said Kristi Webb, commercial leader of GE Capital, Dealer Finance. “This enhanced coverage ensures that we’re ready to assist dealers with financing options ranging from straightforward same-day funding to complex structuring.” This year is expected to bring modest growth and better overall…
    Read More →: GE Capital Expands Construction Finance Business
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    Bob Chaney Joins D.C. Office of CliftonLarsonAllen

     ARLINGTON, Va.—January 11, 2012—CliftonLarsonAllen, one of the nation’s top 10 certified public accounting and consulting firms, is pleased to announce Bob Chaney has joined the firm’s District of Columbia office as a Senior Advisor in the firm’s Forensic Accounting practice.Chaney has extensive experience in the law enforcement and legal community in the Washington metropolitan area. He will assist with the development of investigative strategies, security reviews related to causation issues and client development. “We are thrilled Bob has joined CliftonLarsonAllen. He has an impressive law enforcement background, which will be a great addition to our firm,” said Yassir Karam, managing partner of the firm’s Special Advisory Services. “We are eager to leverage Bob’s expertise to further strengthen and build our Forensic Accounting practice in D.C….
    Read More →: Bob Chaney Joins D.C. Office of CliftonLarsonAllen
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    Avoid Fraud and Embezzlement in the Small Business Environment

    We have heard much about fraud relating to business in recent years. In the early 2000s, the news was filled with scandals involving various types of fraud. The mere mention of Enron or Worldcom is now virtually synonymous with the word “fraud.” Although these scandals involved very large, publicly traded companies, fraud occurs most often in smaller businesses. According to the Association of Certified Fraud Examiners (ACFE), the fraud losses incurred in the smallest companies are 100 times greater than those incurred by the largest companies. According to the ACFE’s “2006 Report to the Nation on Occupational Fraud and Abuse,” “The median [fraud] loss suffered by organizations with fewer than 100 employees was $190,000 per scheme…higher than the median loss in even the largest organizations….
    Read More →: Avoid Fraud and Embezzlement in the Small Business Environment
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    Fight Payroll Check Fraud

    Every day, firms become the victim of check fraud.
    Read More →: Fight Payroll Check Fraud
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    Is Someone Stealing From You?

    Recognize the most common fraud techniques in the construction business, and stop theft before it’s too late.
    Read More →: Is Someone Stealing From You?
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    Tax Deduction Strategies for Your Construction Business

    How to control your taxable income through two possible depreciation methods.
    Read More →: Tax Deduction Strategies for Your Construction Business
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    10 Tips for Smart Borrowers

    Use these strategies when working with a lender to get the capital you need.
    Read More →: 10 Tips for Smart Borrowers
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    Are Construction Accounting Rules Changing?

    Understand how the new proposed FASB/IASB accounting rules could change the way you report revenue.
    Read More →: Are Construction Accounting Rules Changing?
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    How to Restructure Debt

    Follow these rules to reduce your debt, but proceed with caution.
    Read More →: How to Restructure Debt
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    Prepare for the New W-2

    Use these tips to ensure you are ready for the new W-2 reporting requirements by 2012.
    Read More →: Prepare for the New W-2
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    Handling Contract and Procurement Fraud

    The best remedy against fraud, other illegal acts and ethics violations is a strong system of anti-fraud programs and controls supported by a positive ‘tone at the top’ from an organization’s senior management.
    Read More →: Handling Contract and Procurement Fraud

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