Category Archives: Construction Industry Advisor

Construction Industry Advisor – Spring 2017

Construction Industry Advisor – Spring 2017 Succession Planning – Look at Things From a Surety’s Perspective In developing a succession plan, it’s important for contractors to consider the objectives and needs of company owners as well as their family members.

Construction Industry Advisor – Winter 2017

Construction Industry Advisor – Winter 2017 Soggy Numbers - Six Common Accounting Mistakes to Avoid In a tumultuous industry like construction, it’s all too easy to let crisp, timely financials go soggy with outdated data and flat-out mistakes. This article describes

Construction Industry Advisor – Fall 2016

Construction Industry Advisor – Fall 2016 The New Rule on Overtime - Implications for Construction Companies In May 2016, the U.S. Department of Labor finalized its controversial “overtime rule,” which doubles the minimum salary an employee must receive in order

Construction Industry Advisor – Summer 2016

Construction Industry Advisor – Summer 2016 Get Ready for New Lease Accounting Rules Earlier this year, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, the Board’s long-awaited overhaul of its lease accounting rules.  The ASU makes

Construction Industry Advisor – Spring 2016

Construction Industry Advisor – Spring 2016 Are You Getting All That You Deserve?  Don’t Overlook the Research Credit If a construction company commits resources to developing new building techniques, improving processes, experimenting with alternative materials, or devising other innovations, it