Improving your construction company’s profitability is vital as profit reflects a company’s stability. Higher levels of profitability encourage continuous growth and sustainable expansion.Improving profitability can be achieved by adopting effective strategies and...
Despite the positive outlook for sustainable real estate investments, the market is uncertain. Real estate is traditionally a hedge against inflation and provides steady income even during a recession.
In 2022, the Association of Certified Fraud Examiners (ACFE) published its Report to the Nations, a global study on occupational fraud. The ACFE surveyed 7,890 examiners and reported that internal fraud drains more than $3.8 billion annually from global businesses
The main goal of ASC 606 was to create a similar revenue recognition policy and calculation across all industries. The construction industry, which has historically had its own guidance and industry practices, is no exception.
Good accounting systems and practices are important tools for managing any construction business
Success in the construction industry requires the ability to cost effectively create a building envelope, structure or support system and virtually every financial decision regarding your construction company, has a tax consequence.
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