Ellin & Tucker Offices

By: Bryan Porter

Financial reporting for privately held construction firms has become increasingly difficult and time-consuming for executive management teams. The Private Company Council (PCC) is an advisory body to the Financial Accounting Standards Board (FASB), which is responsible for setting generally accepted... Continue Reading

Featuring: Todd Feuerman

Family businesses account for two-thirds of all companies worldwide and create 50 to 80 percent of jobs in most countries. Family founders stand to benefit from a ready-made team of loyal, dedicated relatives, a pool of obvious successors and the... Continue Reading
The Financial Accounting Standards Board (FASB) has concluded another busy year with the issuance of 17 new updates to the Accounting Standards Codification in 2015. Additionally, many of its 18 updates to the Accounting Standards Codification issued in 2014 became... Continue Reading

By: Carl Kampel

The Financial Accounting Standards Board (FASB) issued final guidance that allows private companies to simplify their accounting by recognizing fewer intangible assets in a business combination. The guidance is part of a broader effort by the FASB to address the... Continue Reading

By: Todd Feuerman

In today’s economy, there isn’t room for contractors to bid jobs incorrectly. Contractors should attempt to gather pricing information where they can. Once bids are opened and communi-cated to the public, contractors can use the bid spread to determine how... Continue Reading

By: Bryan Porter

By: Brian Porter & Todd Feuerman The value that a construction accountant can provide is often misunderstood and encompasses much more than just filing taxes. A quality accountant is a business partner who provides sound financial advice and helps the... Continue Reading

By: Todd Feuerman

The banking crisis and economic recession have created a new playing field for construction firms in which margins are extremely tight, bid lists are expansive, larger and non-local contractors are entering unchartered territories and construction firms are trying to identify... Continue Reading
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