Construction Resources

REVENUE RECOGNITION AND IMPLEMENTATION FOR THE CONSTRUCTION INDUSTRY

REVENUE RECOGNITION AND IMPLEMENTATION FOR THE CONSTRUCTION INDUSTRY 150 150 SAX

In May 2014, the Financial Accounting Standards Board (FASB) issued a new standard on revenue recognition after years of drafts, comments, delays and adjustments. The new standard, Accounting Standards Update…

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Small and Large Contractors are on an Even Playing Field for Obtaining Surety Bonding

Small and Large Contractors are on an Even Playing Field for Obtaining Surety Bonding 150 150 SAX

Contractors applying for any public contract, as well as certain private contracts, are required to be sufficiently bonded, and the requirements to secure bonding are laborious and grueling.  However, due…

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