Sound, trustworthy financial statements are key to your construction accounting strategy. That’s why in today’s tough lending and bonding environment, the construction CPAs at Doeren Mayhew recommend every contractor at least consider investing i...

Following some delays this fall, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) are moving forward with a global accounting standard for how all businesses record revenues. With an expected pub...

Since the federal and state governments are among the largest consumers of services in the United States, it’s no surprise contractors would target them as potential customers. Further fueling the attraction is the American Recovery and Reinvestmen...

With contractors across the nation facing new challenges as we transition from a low-margin, job-lacking economy to today’s current growth market, a construction industry panel recently shed light on trends and best practices to keep on your radar....

Alternative dispute resolution (ADR) has been touted as the remedy to settling contractor conflicts, such as lawsuits, in the courts. For starters, it’s significantly less costly and timely. But the greatest benefit is that there are truly no “wi...

Your success as a general contractor or subcontractor relies largely on your ability to master the job bidding process. Doing so will allow you to secure more work, maintain backlog and enhance profits. The construction CPAsat Doeren Mayhew offer ...

Texas House Bill 2093, the Construction-Related Anti-Indemnification and Anti-Additional Insured Act has been in effect for more than a year now, impacting many facets of the construction industry. Although less so for companies handling residential ...

Mistakes are common in contracting, but some are more detrimental than others. These “don’ts” can be costly, lead to litigation and construction accounting issues, and potentially ruin the reputations of the parties involved in the project. T...