Articles & Publications

As a construction business owner, you’ve probably completed a job with high hopes only to find that the anticipated profit had somehow evaporated. That is, the costs of performing the work equaled or exceeded the revenue it brought in.. Read More >>

There’s nary a construction company in business that hasn’t had difficulty collecting monies owed for a project. In many instances, a contractor may be tempted to write off the bad debt, rather than spend time and effort trying to. Read More >>

Tuesday, January 19, 2016 For most construction businesses, maintaining financial statements that comply with generally accepted accounting principles (GAAP) is a fundamental requirement of doing business. Lenders and sureties require contractors to submit financial statements that have been certified. Read More >>

AKRON, OH – January 1, 2016 – Bober Markey Fedorovich (BMF), a top 20 regional CPA and advisory firm in Northeast Ohio, is pleased to announce that Dale A. Ruther, CPA, CIT, CDS has received the Certified Construction Industry Financial. Read More >>

Analysts tell us the construction industry has been experiencing strong merger and acquisition (M&A) activity in the past year or so. According to one study, 2014 saw more than 218 major deals (deals worth more than $50 million) in. Read More >>

July 21, 2015 Construction projects are, by their very nature, complex processes with many variables and numerous interested parties. In any such situation, misunderstandings and disputes are often inevitable. As business accelerates these days, disputed claims are also increasing.. Read More >>

As a contracting business grows, it’s likely that it will eventually begin pursuing work in a neighboring state. When this happens, there are a number of tax, licensing and permitting issues to consider. On the other hand, if your. Read More >>

For six years now, construction industry leaders and accounting professionals have been nervously following the progress of a new revenue reporting standard that was being developed by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board. Read More >>

The construction industry is notoriously cyclical — boom-and-bust patterns seem to repeat at regular intervals. As they look back over the latest cycle, many experienced contractors are deciding they don’t want to struggle through another downturn in five or. Read More >>