Construction Industry Advisor

Showing 209–210 of 210 results

  • The times they are a-changin’ – New risk-assessment standards will affect your annual audit

    Winter 2008
    Newsletter: Construction Industry Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 728

    Abstract: If yours is a privately held construction business, get ready: Your CPA will be taking a closer look at your 2007 year end financial statements. This article delves into the new risk-assessment standards issued by the American Institute of Certified Public Accountants in March 2006. The new standards are the most significant change to auditing in the last 30 years, and they will affect CPAs and contractors alike.

    Read More

  • Retainage: Necessary practice or unfair penalty?

    Winter 2008
    Newsletter: Construction Industry Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 890

    Abstract: Imagine a doctor’s response if patients said they wouldn’t pay the full cost of their annual physicals until they were convinced of their good health. The doctor would probably see it as a joke. Yet, under the practice of retainage, construction project owners do this all the time. This article explores the topic from both sides of the issue and discusses some possible remedies that you may want to implement on your next project.

    Read More