Experienced contractors know the pain of seeing a potentially lucrative job incur costly losses. Here’s how to fight back against profit fade.
A-Z Blog
FASB votes to exempt private companies from disaggregation of income statement project
As costs rise, investors and lenders are eyeing profits closely. Here’s the latest development on the FASB’s project to up the ante on expense disclosures.
Overview of discontinued operations reporting
In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?
Social Security’s future: The problem and the proposals
The future of Social Security is in peril. Here’s a look at the current situation and potential solutions.
Achieving the right balance of working capital
Do you know the three keys to lowering your company’s working capital requirements?
How to use QuickBooks as a fraud detection tool
Many organizations use QuickBooks for everyday accounting tasks. But did you know that this software can also function as a fraud detection tool?
How construction business owners can prepare for an IRS audit
No one likes the prospect of an IRS audit, and this certainly includes construction business owners. But there are ways to always be ready and to ease the pressure if it does happen.
Reporting non-GAAP measures
Warning: Non-GAAP metrics can sometimes mislead investors! That’s why some stakeholders want a formal definition of EBITDA to be added to the accounting rules.
An insurance policy glossary for construction business owners
For construction businesses, the cost of insurance can be high but the cost of going without it can be so much worse. Let’s review some important types of coverage.
Your construction company may be able to claim the fuel tax credit
Construction companies don’t want to leave any money on the table come tax time. Many contractors may be unaware that they qualify for the federal fuel tax credit.
