Our Thoughts On Archive

Recently Issued Accounting Standards Potentially Impacting Construction Company Financial Reporting in the Upcoming Year

With the start of the new year, many contractors are gearing up for their annual year-end audits to begin. I wanted to provide a quick refresher on some

Completed Contract Method Permitted for Grading and Soil Compaction

In Technical Advice Memorandum (TAM) 201650014, the IRS has determined that long term contracts requiring grading and soil compaction qualify for the completed

Postcard from the AICPA Construction and Real Estate Conference

Last week, the AICPA hosted its annual Construction and Real Estate conference in Las Vegas, welcoming over 1,000 attendees. I was fortunate to participate,

Big Data in the Construction World

We hear a lot about “big data” these days. But what exactly generates big data in the construction world, and what value, if any, does it hold

Revenue Recognition - What Public Construction Industry Companies are Saying

In just over a month and a half, many public construction industry companies will be adopting FASB ASU 2014-09, Revenue from Contracts with Customers (Topic

Update on Grant Funding from the Volkswagen Environmental Mitigation Trust Fund

Last year, Volkswagen was found guilty of designing and installing illegal defeat devices for the purpose of evading federal and state emission standards.