Elliott Davis Decosimo Construction Articles

Construction Alert: Effective ‘Big-Picture’ Job Controls

August 7, 2015

The usefulness of financial statements for contractors is heavily dependent on accurate job schedules. Accurate job schedules require the following: Up-to-date contract amounts, including change orders Reliable estimates of total projected job costs Accurate and timely recorded job costs and billings Reconciliation...

Fringe Benefits for Contractors

February 5, 2015 by Jim Hazel, CPA and Travis Bogan, CPA

Contractors often provide fringe benefits to attract and retain top talent and reward key employees and owners. From time to time, our clients request guidance on fringe benefits that may provide tax benefits and/or incentives for owners and...