Articles Tagged - Assets

Contractor Billings: Management, Strategy, & Effects on the Financial Statements

By Wiss, Posted in Construction

By Jeremy Higginson In the construction world, management is key. It takes a tenured project manager to have a successful and profitable job, so when it comes to the billing department, take a strategic approach. Now some may be asking, “Why does billing matter? Don’t contractors earn revenue regardless of how much they bill?” And that is true - Generally Accepted Accounting Principles (GAAP) state that to be accurate, the best way for a contractor to report earnings is most often the Pe... read more.

Valuing Your Company: What to Know Before Seeking Business Valuation

By Wiss, Posted in General Business

By Brittney Neal Businesses change hands all the time, for a variety of reasons. Whether they're sold, gifted, merged, passed on to next of kin, or divided among former partners, family members or divorcing spouses, ownership of even the most stable of businesses at some point will change. And when a business changes hands in whole or in part, the parties involved need to have an accurate picture of the value of the sum total of the company's assets. That makes a business valuation an essential part of an... read more.

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