For construction owners, general contractors, and subcontractors selecting the correct accounting method isn't just a compliance checkbox, it's the primary financial strategy for optimizing your cash flow, securing bonding capacity, and maintaining working capital when you need it most. Two methods dominate the construction accounting landscape: Completed Contract Method (CCM):  Defers all profit recognition until the project reaches 100% completion, maximizing tax deferral a

Keeping track of income and expenses for long-term construction projects can be overwhelming. Fortunately, the CFMA has recommended a...