topic

Accounting

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

  • ,

    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
  • ,

    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
  • ,

    Tips to Improve Cash Flow in Construction Projects

    Cash flow has always been a top concern for contractors.
    Read More →: Tips to Improve Cash Flow in Construction Projects
  • ,

    Healthy Profits Require Healthy Markups

    Take a look at your last ten construction jobs, and figure out what they really cost. Then look at your bids and ask yourself if you charged enough.
    Read More →: Healthy Profits Require Healthy Markups
  • ,

    Business Owner Toolbox Part 3: You Can’t Make Enough Profit!

    I’ll make a small wager with you.
    Read More →: Business Owner Toolbox Part 3: You Can’t Make Enough Profit!
  • ,

    Are There Tax Incentives to Upgrading Our Software?

    Fred Ode answers your construction accounting and finance questions.
    Read More →: Are There Tax Incentives to Upgrading Our Software?
  • ,

    Strategies for Enhancing Contractor’s Cash Flow

    Cash flow is just as important to a contractor’s business as profitability.
    Read More →: Strategies for Enhancing Contractor’s Cash Flow
  • ,

    10 Strategies for Reducing Overhead Expenses

    Banks are continuing to post enormous losses, and the stock market is struggling to recover from a mid-year swoon.
    Read More →: 10 Strategies for Reducing Overhead Expenses
  • ,

    Survive Tough Economic Times

    Executing the basics well is the key to success in any construction business. The things you put in place now will help you get through the current situation and give you a strong foundation to grow.
    Read More →: Survive Tough Economic Times
  • ,

    New Markets Bring Opportunities and Challenges

    Before expanding into a new market, prepare yourself for financial and tax issues. With this stagnant economy relentlessly pounding down the construction industry, many firms have expanded geographically to get more work. While it sounds relatively simple, working in a new geographic area comes with a set of challenges. In fact, the more experience a construction firm has in one market, the more difficult it can be to learn the performance and compliance issues in a new territory. Many have done this successfully, but many others have actually lost money on out-of-state projects.   Some of the challenges businesses face include workforce and labor practices and issues related to finances and taxes.  If you are considering bidding on out-of-state projects or have just begun the…
    Read More →: New Markets Bring Opportunities and Challenges
  • ,

    Key Performance Indicators: Your Early Warning System

    Know your construction business’ monthly metrics by identifying Key Performance Indicators.
    Read More →: Key Performance Indicators: Your Early Warning System
  • ,

    New IRS Audit Likely to Snare Some Contractors

    One of many lessons learned by governments the past three years is that unpaid taxes make economic downturns considerably worse.
    Read More →: New IRS Audit Likely to Snare Some Contractors

OUR DIGITAL PARTNERS

trending

From Our Partners