A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #1 Cashflow Management
Description
Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions.
In the first episode, we will be discussing the most critical aspect of construction business success: cash flow management. Discover essential strategies for maintaining healthy cash flow, from implementing robust accounts receivable policies to negotiating retainage releases. Learn how Certified Construction Industry Financial Professionals (CCIFPs) can optimize your financial operations and explore key performance indicators that will keep your construction business thriving. Whether you're managing small projects or large-scale developments, this episode provides practical insights to transform cash flow from a challenge into your competitive advantage.
A Business Advisor for the Construction Industry
Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.
Learn more about Brown Edwards' Construction group.
United States
