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Embrace Technology for Success
Jul 07, 2021
Last year, in the July/August CFMA Building Profits issue dedicated to technology, I made the not...
Mitigating Waste By Using Technology
Jul 07, 2021
There is a labor shortage in our industry; skilled trades people, superintendents, project manage...
Certification: Technology & IT
Jul 07, 2021
As a construction financial manager (CFM), you often wear many hats within your organization. One...
The Role of the CFM in Cybersecurity Risk Management
Jul 13, 2021
With increasing speed and consistency, data breaches and financial losses due to cybersecurity in...
Mergers & Acquisitions: Reasons, Risks & Rewards
Jul 13, 2021
Merger and acquisition (M&A) deals have consistently created more substantial lasting value for c...
Supply Chain Disruption: Are You in the Construction or Logistics Business?
Jul 13, 2021
The current transformation of the industry – from the traditional skilled trades production to an...
Topic 606: Classification & Presentation of Retainage & Contract Assets & Liabilities
Jul 13, 2021
Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, Re...
Treasurer’s Report for FYE 2021
Jul 13, 2021
During the past year, we have encountered many different challenges and/or opportunities for impr...
Dynamic Forecasting with Help from Technology During Volatile Markets
Jul 13, 2021
Prior to COVID-19, the construction industry was on a slow and steady growth trajectory with stab...
The Journey of an Effective ERM Framework
Sep 13, 2021
Every organization encounters an array of risks that affect its ability to achieve objectives. A ...
Contractor Risks in Transitioning From Private to Public Work
Sep 13, 2021
For Decades, American infrastructure has been deteriorating without substantial governmental inve...
Are Preventers the Real Heroes? Preventing Risk Pragmatically With Data
Sep 14, 2021
Risk is a risky subject. The term itself carries an abstract meaning and ambiguity for those tryi...
Mergers & Acquisitions: Identifying Strategic Acquisition Targets
Sep 14, 2021
Acquisitions enable companies to make significant growth in revenue, market, location, technology...
Construction Captive Insurance Companies: Navigating Tax Considerations
Sep 14, 2021
When commercial insurance enters a hard market, customers naturally seek to control or minimize c...
Taking a Broader Look at Risk Management
Sep 14, 2021
In this issue devoted to managing risk, I’d like to provide a broader perspective that encourages...
Risk Management & Optimism
Sep 14, 2021
I am an optimist. That might surprise you given that a big part of my job as OCP’s CFO is risk ma...
Certification: What’s the Risk?
Sep 14, 2021
As all contractors know, risk is a fact of life in the construction business, and we accept it to...
Topic 606: Recognizing Revenue for Service Contracts
Sep 14, 2021
Looking back at the evolution of Financial Accounting Standards Board (FASB) Accounting Standards...
The Importance of Record Retention in the Digital Age
Sep 14, 2021
Today, keeping on top of your records is increasingly difficult and especially important. At the ...
Five Worker Safety Risks That Can Impact Your Bottom Line
Sep 14, 2021
Keeping workers safe is crucial for any company, but the stakes are particularly high in construc...
Avoid the Pitfalls of Prevailing Wages
Sep 20, 2021
Taking on government contracts can be a smart way to grow a construction business — especially wi...
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