Construction companies and contractors can choose among several accrual accounting methods specialized for their industry. They can also use cash accounting. If they choose accrual accounting, they ...

Most businesses record sales at the point of a product or service's delivery, but construction contractors dealing with long-term construction projects may recognize portions of a project's revenue ...

Construction companies love their accountants — and well they should, given the help they need on a range of compliance issues. Kit Dickinson of ADP shares the latest issues in the construction ...

The Financial Accounting Standards Board released a staff educational paper Tuesday to answer questions about how to apply its revenue recognition standard to presentation and disclosures to ...

CEDAR RAPIDS - An accountant with a Cedar Rapids construction company was charged Thursday with embezzling nearly $393,000 over an eight-year period during her 16 years with the company. Teresa Meeks ...

Tom LaPlaca is an audit partner at Citrin Cooperman, a brand under which Citrin Cooperman & Company LLP, a licensed independent CPA firm and Citrin Cooperman Advisors LLC, serve clients’ business ...

Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...