OUR THOUGHTS ON:

What's Next?

Construction

By Theodore Pettko

Over the last several years, business have faced many challenging problems – operationally, accounting and economically. Operationally, the costs of materials have risen sharply and theft at job sites for scrap materials has increased. Energy prices are a significant component of everyone’s costs. Skilled labor is a premium. Accounting-wise, the implementation of the “new risk assessment standards” is behind us and we move onto other items such FIN 48 and FASB 157, 159 and 160. Economically, what has transpired in September in the stock market is unprecedented. The financial turmoil has a rippling affect across all industries.

So what’s next? No one can predict or even forecast the future. What impact will the U.S. Presidential elections have on everything? With all this uncertainty, how do you position and prepare your organization for the future? That in itself is what is next!

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at contactSD@schneiderdowns.com.

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

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