October 20, 2024How Construction Accounting Impacts Project Profitability and Decision Making
Accounting plays a vital role in ensuring the financial success of construction projects, directly influencing profitability and decision-making. Unlike traditional accounting, construction auditing involves specialized processes to handle the complexity of contracts, job costing, and project timelines. It requires meticulous attention to details that impact every phase of a project’s lifecycle, from bidding to completion. […]