In construction accounting, accuracy matters. One of the most misunderstood and often overlooked red flags in contractor books is the...

If you're a construction accountant or contractor attempting to make sense of your company's finances, one thing should be clear: precise...

As a contractor, your balance sheet is more than simply a requirement for lenders and tax authorities; it's a critical tool for assessing...

A very important part of construction accounting is keeping track of work-in-progress (WIP) , which has a big impact on the bottom line...

Understanding the best practices for preparing a construction balance sheet  is essential for contractors who want to maintain a clear...

Every successful business owner knows how important it is to keep an eye on their business's finances. One indispensable tool for this...

Accounts receivable are valued and reported on the balance sheet. But what is a balance sheet anyway? A balance sheet is a financial stateme