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Building your Retention Policy
construction accounting

Building your Retention Policy

After 20 years in the business of operations management, one of the most frequent questions I get relates to building...
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Communicating Up
construction accounting

Communicating Up

Recently I read a survey of what owners want their accountant/Controller/CFO (here after known as Controller) to tell them. I...
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Accounting Calendar
construction accounting

Accounting Calendar

An Accounting Calendar is just a fantastic tool to keep you from feeling overwhelmed. We call it an accounting calendar...
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Live with It, Leave It, Change It
construction accounting

Live with It, Leave It, Change It

Sometimes you feel like you are in a fog. You don’t really know where to go and you can’t really...
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What is the right amount of information? (or Right Size your Data)
construction accounting

What is the right amount of information? (or Right Size your Data)

The first question you need to answer when thinking about what kind of information you want out of a software...
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Year End Checklist For Contractors
construction accounting

Year End Checklist For Contractors

The end of the year always comes as a surprise to me.  It shouldn’t, but it does.  I think that...
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When is it time to look for new accounting software?
construction accounting

When is it time to look for new accounting software?

There are usually three major reasons people start looking for new software. 1. They need to get the right data...
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Fixed Assets, Repairs, and Maintenance
construction accounting

Fixed Assets, Repairs, and Maintenance

Fixed assets, also known as property, plant and equipment (PPE), are tangible assets held for future use in either production,...
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Managing your Tax Accountant
construction accounting

Managing your Tax Accountant

We have all been frustrated to find out at the last minute we owe tax to our federal or state...
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How to prepare for a yearend financial statement review
construction accounting

How to prepare for a yearend financial statement review

A review is the middle ground between a full audit and a compilation. When do you need a review? Typically...
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What are financial ratios?
construction accounting financials

What are financial ratios?

This is part of an article we were asked to write, so we're sharing the meat and potatoes. Ratios can...
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