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Key Considerations for Leases Under the New Leasing Standard in Construction

Much like the previous changes to revenue recognition, the new leasing standard can be a complex accounting standard to navigate. This article gives you an overview of key focus areas that should be considered in evaluating leases, especially those where the lessor is a related party.

2022-03-31T09:27:57-04:00March 15th, 2022|Audit and Assurance, Construction|

Building a Strong Cybersecurity Foundation in the Construction Industry

Recent and highly visible ransomware attacks such as the one on Colonial Pipeline should serve as a wakeup call for organizations that do not see themselves as “typical” targets of cyber-attacks. Construction organizations must improve their security posture and implement measures to mitigate cyber risks.

2022-02-16T16:52:26-05:00October 26th, 2021|Construction, Cybersecurity, Technology|

“Building” Collaboration and Insights in Construction

Content, processes, and analytics can work together to support success in your projects. In this article, learn how data can drive your decisions and project management strategy.  

2022-02-16T16:52:29-05:00October 13th, 2021|Construction, Data & Collaboration|

Changes in Lease Accounting Are Just Around the Corner

In an article published in the Summer 2016 edition of our newsletter titled “Be Aware of Changes in Lease Accounting,” we introduced readers to upcoming changes in lease accounting under Generally Accepted Accounting Principles (GAAP). The effective date for the new lease accounting standard – known as FASB Accounting Standards Codification (ASC) 842, Leases – is rapidly approaching.

Sustainability and Transparency are Leading Business Forward

While current examples of Environmental, Social, and Governance (ESG) programs are on the larger scale, even small and medium businesses can make impactful sustainability goals aligned and reported on through ESG metrics. A focus on sustainability and transparency with these metrics are a growing trend.

The Risk of Improper Cash Management and How to Fix It

Learn about the risk of improper cash management and how to fix it to keep your business running efficiently and effectively.

How to Avoid the Dangers of Legacy Accounting Software

Is your current legacy accounting software costing your business? Explore the hidden dangers of outdated software and discover what upgrading to cloud-based accounting software can do for you.

What is Data-Driven Decision Making for Finance Leaders?

Discover the benefits of data-driven decision making and how today’s finance leaders can use it to help their companies look to the future.

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