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Accounting

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An Approximation Based on Two Guesses

Jul 20, 2021

How is it possible that construction concerns being run by professional managers in the 21st cent...

Accounting
Topic 606: Classification & Presentation of Retainage & Contract Assets & Liabilities

Jul 13, 2021

Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, Re...

Accounting Building Profits
Treasurer’s Report for FYE 2021

Jul 13, 2021

During the past year, we have encountered many different challenges and/or opportunities for impr...

Accounting Budgeting & Planning Building Profits
Construction Cash Management in a Tough Economy – Tips & KPIs to Monitor

Jul 09, 2021

Sponsored Content: Contractors are scrambling to build an accurate statement of cash flows and fo...

Accounting
Real-time Cost Management: Connected Teams and Connected Systems, Built with Control

Jul 01, 2021

Sponsored Content: One of the biggest risks on a project has nothing to do with the build itself ...

Risk Management Specialty Contractors Accounting Reporting Budgeting & Planning Contracts
WIP Accounting: Critical and Often Misunderstood

Jun 29, 2021

In a study of thousands of construction company audited financial statements testing the profit p...

Accounting Income Recognition
A Deeper Dive: The Science of Accounting

Jun 14, 2021

Engineering is a science and contractors tend to think like scientists. Tangible, measurable metr...

Accounting Leadership
Getting The Work: The CFO's Role

Jun 14, 2021

My overview of the construction industry breaks down the management function into three broad cat...

Accounting Budgeting & Planning Leadership
Construction KPIs that Help Build a Better Business

Jun 01, 2021

Sponsored Content: When decision-makers spend too much time buried in reports, they may miss impo...

Accounting Reporting Income Recognition Budgeting & Planning Information Technology
The CCIFP is an Essential Part of Our Employee Development

May 11, 2021

Regardless of the size of an organization, building a career development path for a finance team ...

Accounting Leadership
What is the Financial Benchmarker and Why Should Your Company Be Using It?

Mar 26, 2021

CFMA’s Financial Benchmarker allows a construction company or CPA firm to compare financial perfo...

Accounting
Mid-Firm CFOs Discuss Top Challenges at CFMA’s 2018 Annual Conference in Miami

Mar 24, 2021

The Mid-Firm Contractor Roundtable Session on June 26 drew more than 150 construction financial p...

Accounting
Construction Cost Management: The Quiet Revolution

Mar 21, 2021

Sponsored Content: In construction the “bottom line” is comprised of a thousand moving targets. T...

Risk Management Specialty Contractors Accounting Reporting Income Recognition Budgeting & Planning Information Technology Contracts Economy
Key Revenue Recognition Terminology Changes May Impact Contracts & Project Schedules

Jan 29, 2021

What do the recent changes to FASB’s Accounting Standards Codification Topic 606, Revenue from Co...

Contracts Building Profits Accounting
Compensation to Owners of S Corporations

Jan 29, 2021

Business owners commonly question how to pay or distribute money to themselves for the services t...

Taxes Building Profits Accounting
A Subcontract Clause Could Provide a Significant Tax Advantage

Jan 29, 2021

While the recent tax law changes have helped to offset the correlated increase in tax liability, ...

Building Profits Taxes Accounting
Keys To Building A Reliable & Repeatable Financial Forecast

Jan 29, 2021

A reliable financial forecast is a powerful tool. It can transform your role as CFM, as well as ...

Accounting Building Profits
Deducting Bad Debts for Tax Purposes: A Primer

Jan 29, 2021

Collectively, the employees of a construction company work hard to perform work and provide servi...

Accounting Taxes Building Profits Budgeting & Planning
Treasurer’s Report for FYE 2020

Jan 29, 2021

In these uncertain times, I’m pleased to say with confidence that, thanks to the hard work and de...

Accounting Reporting Building Profits
CFMA’s 2018 Construction Financial Benchmarker Executive Summary

Jan 22, 2021

CFMA and Industry Insights are pleased to present the Executive Summary from CFMA’s 2018 Construc...

Accounting Reporting Building Profits Benchmarking
Improve Your Company’s Billing & Collections

Jan 22, 2021

Contractors take on tremendous risk when they perform work.

Accounting Reporting Building Profits
Showing 1 to 21 of 57 entries