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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, ... read more >

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 ... read more >

Impact Fee vs. Severance Tax

Natural gas producers for unconventional wells do pay something; it’s in the form of an impact fee. Impact fees arose from PA Act 13 of 2012. In ... read more >

Revenue Recognition: Challenges in Implementing the New Standard

I’m sure by now you have heard there is going to be a little change in how practically all companies, including E & P companies, recognize revenue. ... read more >

5 Mistakes in a Contractor Audit

Annually, most companies have an audit completed by their CPA for banking, bonding and other users of their financial statements. For most CFOs and controllers, ... read more >

What Does Your NPO Finance Committee's Agenda Look Like?

I hope the Finance Committee’s first order of business is the financial statement review. As a CPA in a public accounting firm, the primary preparation ... read more >

Business Owner - Do you work "in" your company or "on" it?

All business owners wear many hats, but where do you spend your time? Finding that balance of delegating work and doing it yourself is a challenge. However, ... read more >

Making Decisions on Facts Versus a Gut Feeling: Monitoring Capital Expenditures

Audit

By Theodore Pettko

As with any new year, the routine task of completing a budget occurs, and that sets a measure for the organization to grade itself. Budgets are set up ... read more >