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5 tips for beyond the income statement

Beyond the Income Statement

Smart owners and managers use standard financial reports to study profitability and organizational health. Go beyond the basics with help from Pam Schulz.

critical-path-method

Cashflow management for construction projects

The best way to meet financial targets and put financial muscle behind your decisions is to set aside cash for upcoming expenditures. Use this two week cash flow chart as your model.

revenue recognition advice

Revenue recognition – changes in construction accounting standards

2019 is the year for implementing required changes in methods of reporting revenue. #LAI’s Director of Professional Services recommends five areas to check.

Knowing the ‘When’ of Job Costs

Knowing WHEN to expect the elements of Job Costs to be on a report is a key financial strategy. #LAI consultant Pam Schulz tell you the whys, why nots, and the report to use to get key ‘when’ benefits.

job cost accounting

How construction accounting is different than regular accounting

In Construction accounting it is necessary to analyze performance on other levels instead of just from the Financial Accounting perspective. Regular accounting is customer based, but construction is based on THE JOB. And the job is measured by its COSTS.

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