Construction companies and contractors can choose among several accrual accounting methods specialized for their industry. They can also use cash accounting. If they choose accrual accounting, they ...

Most businesses record sales at the point of a product or service's delivery, but construction contractors dealing with long-term construction projects may recognize portions of a project's revenue ...

Ever wish you could peer into the future and see which projects are likely to go over budget, so you can address issues before they happen? Innovative construction companies are using artificial ...

Construction companies love their accountants — and well they should, given the help they need on a range of compliance issues. Kit Dickinson of ADP shares the latest issues in the construction ...

NB Advisors Helps Philadelphia Construction Companies Navigate Labor Shortages and Cost Inflation With Expert Tax Planning PHILADELPHIA, PA / ACCESSWIRE / September 12, 2024 / As the construction ...

As your subcontracting company evolves, your business infrastructure needs to keep up with it. These days, there are so many technology options for accounting that can complicate the process of ...

Construction firms may jeopardize their financial results if they underestimate the costs of the projects they undertake. The possibility for error may arise from ...

On one hand, there is great demand for their services even in a slowing economy. The Infrastructure Investment and Jobs Act passed in August 2021 includes around $550 billion in new federal investment ...

Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...