As part of our special revenue recognition educational series, we have been exploring various topics and significant accounting changes under the new revenue recognition accounting standard. We have now made it to the final installment – Accounting for Variable Consideration.


Preconstruction can make the difference between a project’s success or failure — and a contractor’s profit or loss. A methodical approach helps anticipate problems and address them before they interfere with the work in progress. This article reviews some of the most important aspects of preconstruction, including setting the budget and perfecting the schedule.

When pondering how to exit their company, most construction business owners understandably think of themselves. But, when looking to maximize the value of the business and ensure it stays in good hands, it can be helpful to envision the company from an outsider’s perspective. This article explores this concept, delving into matters such as choosing an exit strategy and preserving cash flow.

Businesses generally can determine their vehicle expense deductions either by calculating the actual expenses or using the IRS’s standard mileage rate, which has increased for 2019. Here’s what you need to know.



About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. We are highly respected among construction leaders, and we are actively involved with our construction clients and the many organizations affecting their businesses. We go beyond our competition by conducting one-on-one, year-end planning meetings to review your operations and plan for income taxes, banking and bonding concerns. Because of our comprehensive familiarity with all aspects of construction, we’re able to assist you in business planning and long-term goals, all while resolving your daily operational needs to maximize cash flow.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com