5 Common Construction Accounting Risks — and How to Address Them

The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting tasks that support jobs can take a backseat. Unfortunately, without accurate and Read More

Kirsch CPA Group

Jul 07, 2021

Nine Ways Contractors Can Maintain Healthy Cash Flow

Contractors trying to keep their construction companies financially healthy face two intrinsic challenges: the seasonal nature of construction work and the unpredictability of an invoice-based business. Both can disrupt cash flow and make collecting and paying Read More

Kirsch CPA Group

Mar 04, 2021

Contractors: Fraud Prevention Starts with You

From equipment theft to padded time to cyberattacks, contractors are vulnerable to a variety of fraud schemes. According to the Association of Certified Fraud Examiners, the median loss due to internal fraud is $200,000 for Read More

Kirsch CPA Group

Feb 04, 2021

Contractors: Act Now to Plug Cybersecurity Holes

The coronavirus pandemic has forced many construction companies to embrace a more distributed workforce. Employees who can work remotely are keeping connected with online and mobile technology. Meanwhile, team members on jobsites may be accessing Read More

Kirsch CPA Group

Dec 17, 2020