Improve your financial condition and learn how to combine the different accounting methods to get a better view of your construction business.
Financial reports do more than help you comply with the terms of the contract. Financial reporting can help you become more profitable by giving you the information you need to make smart management decisions. This topic will discuss three types of accounting - financial, tax, and internal/management. Learn how to combine the different methods to get a three-dimensional view of your construction business and improve your financial condition. This material will discuss the impact of the proposed Biden tax plan on the industry and strategies to protect company profits.
Agenda
Faculty
Theran J. Welsh, CPA
Playmaker, LLC
- Playmaker, LLC
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and ensure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
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