The Art of Investing

Construction projects involve many moving parts, tight deadlines, and strict budgets. A construction controller plays a crucial role in keeping these projects on track financially and operationally. Without the right skills, even the best plans can go off course. This post explores the top seven skills every construction controller needs to succeed and deliver value on any construction site. Construction controller managing project finances and plans Understanding Constructio

Artificial intelligence (AI) is transforming accounting by automating routine tasks, improving accuracy, and providing deeper insights. Yet, as AI becomes more integrated into accounting workflows, safeguarding these systems is critical. Without proper protection, AI tools can be vulnerable to errors, data breaches, and manipulation, which can lead to financial losses and compliance issues. This post explores practical strategies to protect AI in accounting and ensure it supp

Managing finances in the construction industry is complex. Construction accountants face unique challenges such as tracking project costs, managing budgets, handling payroll for diverse teams, and ensuring compliance with regulations. Artificial intelligence (AI) tools can simplify these tasks, reduce errors, and save valuable time. This post explores the top five AI tools that construction accountants should use to improve accuracy, efficiency, and decision-making. AI tools

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Hiring is often viewed as an HR or operational task, but the Chief Financial Officer (CFO) plays a central and strategic role in shaping the workforce of a successful business. In any organization—particularly those in construction, manufacturing, or service-based industries—the CFO must ensure that hiring decisions align with financial objectives, improve long-term profitability, and support sustainable growth. The CFO’s involvement goes beyond simply approving salaries. The

The year-end close for a construction company is more complex than for most other industries. Unlike standard businesses that record revenue at the point of sale, construction firms must navigate percentage-of-completion accounting, retainage, job costing, subcontractor compliance, multi-state tax exposure, bonding and WIP reporting, and equipment-heavy operations. Because of these unique challenges, closing the books in the construction industry requires a disciplined, multi

The year-end accounting close is one of the most important financial events for any business—especially for companies operating in industries with complex revenue cycles, subcontractor relationships, job costing, or seasonal fluctuations. A clean and accurate year-end close ensures tax returns can be filed correctly, lenders and bonding companies receive reliable financial statements, and owners have clear data for planning the upcoming year. This post provides a detailed, st

The start of a new year is a pivotal moment for any construction company. It marks the transition into a new cycle of bidding, planning, staffing, and financial management, and it sets the tone for profitability and stability over the next twelve months. For a construction company, the Chief Financial Officer (CFO) plays a critical role during this period. The CFO’s decisions in the first few weeks of the year can determine whether the company experiences steady growth, chaot