Tag: Accounting Services

Just like the saying goes, "You gotta be in it to win it," many construction firm owners submit numerous bids for local jobs just to be "in it". But to thrive and survive, you need Read More

In an uncertain economy, accurate and actionable job cost accounting is more important than ever. If you haven't already, consider using activity-based costing (ABC) to obtain more precise and useful information. Done right, ABC helps Read More

It's been said that cash flow is the lifeblood of any business. Well, perhaps the best way to get and keep those dollars pumping through your company's veins is to strengthen the collections procedures you Read More

Solid cash flow forecasting and management practices are fundamental to robust financial health and strategic decision-making, but they’re often overlooked or shortchanged, especially in periods of sales growth. That can lead to missed opportunities and Read More

Payroll is one of the biggest costs for most small to midsize employers. If this holds true for your organization, you may be looking at the year ahead with some measure of uncertainty. The current Read More

When the busy season comes, the last thing on your mind is accounting for your projects. You and your employees are concerned with only one thing: keeping up in delivering quality projects on time. Bookkeeping Read More

Small business owners and independent contractors are always looking for ways to save time. If you run your own business (or want to start one), it might seem tempting to have a combined business and Read More

Accurate, relevant and timely financial information is key to making good decisions for not-for-profit executives and board members. But do all of your board members really understand the numbers they receive and what they mean Read More

Depending on the nature of your not-for-profit organization, there's more than one accounting method to follow. One option is fund accounting, which promotes transparency and can help nonprofits fulfill donor commitments. Fund accounting involves segregating Read More

A gradual decline in expected gross profits over the course of a project is known as "profit fade." It not only undermines the financial performance of construction companies, but also may raise red flags with Read More