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What Should Contractors Seek in an Accounting Firm? Guidance from the ICCIFP

Construction contractors are faced with a variety of challenges every day. These challenges include accurate bidding, cost estimating, project management ... read more >

An In-Depth Look at the FASB's Cash Flow ASU

It is no secret that the cash flow statement has long been a source of heartache for both preparers and regulators of public company financial statements. ... read more >

Are Typical Americans Actually Doing Well Financially?

Real Estate

By Ryan Deatrick

On July 28, the AICPA released the results of its Personal Financial Satisfaction Index (PFSi) for the second quarter of 2016, and some may find it surprising ... read more >

Housing Statistics Off to a Good Start in 2016

The housing market wrapped up a strong year in December 2015, which resulted in big boosts for some companies like Home Depot. Coming off a strong 2015, ... read more >

Corporate Executive Turnover

Senior leadership is a crucial component of any company. The senior management team is typically the face of the company and is responsible for overseeing ... read more >

FASB Proposes Updates to the Recently Issued Revenue Recognition Guidance

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. ... read more >

Topic 606 and Claim Recognition - What Changes for Construction Contractors?

In May of 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers ... read more >

Proposed Lease Standard Facing Congressional Opposition

Construction

By Ryan Deatrick

A recent op-ed in the Wall Street Journal written by congressmen Brad Sherman (D-CA) and Peter King (R-NY) expresses serious concern that the potential ... read more >

What's Up Next for PCAOB?

On June 10, 2014, the PCAOB adopted Auditing Standard No. 18, Related Parties, for audits of fiscal years beginning on or after December 15, 2014, and ... read more >

The PCAOB and Economic Analysis

The PCAOB has continued its focus on economic analysis in light of criticisms that the standard-setting body has not given enough consideration to the ... read more >