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Tag: accounting
Roadbuilding
Caltrans seeks 2,000 workers due to influx of road funding
The California Department of Transportation plans to hire 2,000 employees over the next five years due to the influx of projects that will be funded by the state’s gas tax approved last year, according to The Sacramento Bee. The state expects to see an infusion of $54 billion during the next decade to repair and […]
March 19, 2018
Business
Hiring an accounting firm can save your construction company money. Here’s how to find the right one
Since many construction companies start out as just one guy with a truck and a piece of equipment or two, sometimes obtaining professional help such as accountants doesn’t come into play until much later. Still, having the advice of a good CPA is crucial, says Denise Bendele, a partner with Texas-based Padgett Stratemann, a CPA […]
October 6, 2014
Roadbuilding
Why Construction Delays Cost Money
Contractor makes claim against Army Corps of Engineers for delay damages.
August 6, 2014
Business
Caterpillar uncovers accounting misconduct at Chinese mining unit, ousts several managers
Caterpillar announced Friday that it had uncovered a “deliberate, multi-year, coordinated” accounting scheme at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a subsidiary of ERA Mining Machinery Limited which it purchased for $734 million last June. Cat says it was alerted to irregularities in the Chinese unit’s bookkeeping when a review of Siwei’s physical inventory […]
January 19, 2013
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