Construction companies can’t afford to make mistakes on job sites, and they shouldn’t make them in their books either. Here are 11 tips for avoiding accounting errors.
Tag: accounting procedures
Using agreed-upon procedures to target specific items of concern
If you want to know more about a specific account or nonfinancial matter, an agreed-upon procedures engagement may fit the bill.
Checking in on your accounts payable processes
No matter how big or small the business, properly managing accounts payable is critical. Here are some fundamentals to review.
Ensure your construction accounting system has the right features
Construction company owners: Is your accounting system good or merely good enough? Make sure it has these key features.
Do you know the signs of financial distress in a business?
Financial distress rarely happens overnight. There are usually red flags indicating that trouble is brewing, but it might take some effort to spot them.
