Construction Industry Newsletter

Benjamin A. Sumner, CPA

Audit Partner

Featured Article From Our Experts

Taking Command of Your Internal Controls

Internal controls are an essential part of every business to help reduce misstatements in finances due to fraud or error. In this article, we will discuss important internal controls that every construction company should have in place and steps for successful implementation.

Achieve True Payroll Enlightenment - Setting up Automated Accruals of Benefits and Insurance Costs

Contractors need to understand the total cost of payroll so they can track how much each project is costing them. This article explains how to accrue on-site workers’ benefits and insurance costs under an automated job-costing process.

Don't Let Undercapitalization Affect Your Construction Company

Even without knowing its exact definition, you can just tell from the way the word sounds that undercapitalization is not good for your business. Among contractors, it is considered by many financial experts to be the leading cause of business failures. In this article, we take a closer look at undercapitalization and what you can do to avoid it.

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