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Rooks Bookkeeping A Guide to Construction Bookkeeping for

Job costing can help your construction company track progress, stay on budget, and be more efficient in your work. Many small business owners begin by tracking transactions through an Excel spreadsheet. Yet, as the business grows, they start to realize that this is not a scalable solution. One way to solve this problem is to …

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Mastering the Basics: The 3 Fundamental Principles of Accounting Insights from a Leading CPA and Financial Expert

A company’s accounting results are verifiable when they’re reproducible, so that, given the same data and assumptions, an independent accountant would come up with the same result the company did. Verifiably is the cumulative effect of using historical cost, objectivity, and the monetary unit principle. In the case of rules-based methods like GAAP, complex rules …

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