Executive Summary. Accounting is, to some, a necessary evil. Here we hear from an accountant what accounting actually is, why it’s important, and...
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Going “Legit”: Lose the Brown Paper Bag
Executive Summary If you’ve been running the accounts receivable and accounts payable out of a brown paper bag and want to go “legit”, here are the...
Bucketing – the Proper Claim Accounting Method
Executive Summary The categorization of costs incurred in a changed condition scenario is critical in dispute resolution. Account for costs by issue...
Cash v. Accrual Accounting – Whatchu Talkin’ About Willis?
Executive Summary There are basic differences between cash and accrual accounting. Here’s a quick review. What is Accounting? Sounds simple,...
Wanna Eat? Help me Kill
Executive summary. Maintaining employment is a factor of your performance, but for construction and engineering firms it is largely dependent on a...
What’s a GL Account?
Executive Summary A GL account is separate from a cost code financial and job cost reporting. Here we introduce the basics of GL accounts What’s a...