Important Steps Towards Error Free Accounting for Construction Companies

Important Steps Towards Error Free Accounting for Construction Companies

The construction industry requires more detailed accounting models, some that are unique to the industry. The industry needs customized accounting models to meet needs particular to them. Sometimes, companies need to apply specific accounting models to a given project. Therefore, managers have to carefully evaluate the needs of the particular project to see whether the…

The Importance of Maintaining Construction Records

The Importance of Maintaining Construction Records

Although construction sites can seem a little chaotic to an outsider, a viable system of organization at the core is critical to keeping everything running smoothly and on time. One of the ways to ensure that a project is progressing as it should be is to maintain great records, which can help a project manager…

Error-Free Accounting For Construction Companies

Error-Free Accounting For Construction Companies

A financial statement is an important tool to help manage a business. It is often used for lending purposes and to secure bonds. Are there errors lurking within all of those numbers that describe the financial health of your construction firm? Here are the 5 most common accounting errors that occur when a construction company…