BREAKING NEWS

Ohnuma Boosts BMF’s International Tax Services

We are pleased to announce the addition of Goshi Ohnuma, CPA, to our International Tax Services group. 

Articles & Publications

Revenue Recognition Issue 9 – Special Focus: Manufacturing

Sales in a manufacturing environment can take a wide variety of directions that would result in significantly different revenue recognition timing on a company’s financial statements. If your operation makes a very simple product that is sold on a. Read More >>

All Posts

Revenue Recognition Issue 8 – Special Focus: Construction

As the new standards are being rolled out, the construction industry needs to address these standards as well as the unique accounting issues that the construction contractor faces with preparing their annual financial statements. There are several unique items. Read More >>

Study Identifies 5 Major Construction Risk Factors

It’s impossible to run any business without incurring risks, but the construction industry is riskier than most. Smart contractors do all they can to understand and mitigate the business threats they face so their businesses remain viable in times. Read More >>

Nasty Numbers: 7 red flags to watch out for in your financial statements

Financial statements show not only where a construction company stands financially, but also where it may be headed. Contractors who work with their financial advisors to analyze their statements can often catch problems early on — before they turn. Read More >>

Construction Insights: Now is a Good Time to Reconsider Lean Construction Concepts

If you’ve been in business for any length of time, you’ve probably encountered the term “lean.” It emerged and gained popularity in the 1990s as the automotive, pharmaceutical and other industries sought to eliminate waste, increase value to their. Read More >>

What Does the Future Hold for Your Cash Flow?

They say you can’t predict the future. Technically, that’s true — no one can say, within every minute detail, what will happen tomorrow. But, when it comes to their cash flow, contractors must at least try. Knowing what the. Read More >>

Construction Insights: WIP Reports – A Valuable Management Tool

  Financial statements are an indispensable tool for gauging your construction company’s historical results and financial health. But relying on them alone is like driving a car by looking in the rearview mirror. To see the road ahead, you. Read More >>

Boom or Bust? Watch for Signs of the Next Business Cycle

Experienced contractors never forget the inherently cyclical nature of the construction business. After each boom and bust cycle, surviving contractors invariably promise themselves they will not be caught by surprise again and they’ll be more watchful for early signs. Read More >>

Show me the money – Ways to Keep Your Profits on Track

While the U.S. economy continues to improve, contractors must carefully watch their bottom lines. This means keeping track of how increases — or decreases — in profitability can affect your construction company. The following are ways for your company. Read More >>

Employee Compensation: Recruiting and Retaining Key Personnel

With the construction economy recovering, the need for experienced project managers and supervisors is increasing. Unfortunately, the last downturn drove many experienced professionals out of the industry, so qualified senior project management resources are in limited supply. How can. Read More >>

Identifying and Preventing Profit Fade

As a construction business owner, you’ve probably completed a job with high hopes only to find that the anticipated profit had somehow evaporated. That is, the costs of performing the work equaled or exceeded the revenue it brought in.. Read More >>