Focus CFO

DECEMBER 6, 2021

The Number One Problem With Selling a Business. If you are a manufacturer or in construction, you need good cost accounting records. The post The Number One Problem With Selling a Business appeared first on FocusCFO. By Michael Stier. GAAP or IFRS based. These are most likely accrual basis financial statements. Download PDF.

Numbers 52

Numbers GAAP IFRS CFO 52

PYMNTS

JULY 10, 2018

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come across stacks of papers, including plans, permits and invoices. The cost of late payments in commercial construction runs $40 billion annually, according to one recent industry report.

Construction 42

Construction Invoicing Budgeting Economics 42

PYMNTS

DECEMBER 1, 2016

28) concluded that 55 percent of companies in the construction subcontracting industry feel powerless to influence the payment terms of their contracts with larger construction companies. That’s more than the number of small subcontracting firms that say skills shortage and U.K. Research published Monday (Nov. ”

Construction 52

Construction B2B Profit and Loss Economics 52

PYMNTS

APRIL 15, 2020

Drilling down into the details, the biggest subsector to get funding to date – measured as a percentage of gross dollar value of approved loans – was construction , at just under $34 billion dollars, representing 13.7 Applications are being taken through the end of June. percent of the total to-date tally.

Numbers 80

Numbers Manufacturing Construction Retail 80

PYMNTS

APRIL 29, 2019

In Wales, late payments are getting greater scrutiny in the wake of the collapse of construction firm Dawnus earlier this year. As reported , the company, which worked on construction projects across the U.K. and overseas, had hundreds of suppliers — and a significant number are still owed payments.

Construction 43

Construction Accounting Banking Numbers 43

PYMNTS

JUNE 13, 2018

One could be forgiven for thinking that in construction, timely payments are crumbling, while in music, transactions are slowing in tempo. In the latest Construction Payment Report 2018 , released this past week by loan software company Contract Simply , data shows that late payments are taking a toll.

Construction 40

Construction Invoicing Leverage Securities 40

PYMNTS

DECEMBER 14, 2020

But now, he said, the stage is being set for a reimagining of what home insurance can — and should — be, regardless of whether the demand is spurred by sales, refinancing, first-time homebuyers or new construction. Hippo, he said, “wants to be a 1-800 number for everything in your home.”. This Time Is Different.

Numbers 116

Numbers Benchmarking Construction Marketing 116

PYMNTS

FEBRUARY 1, 2019

The government shutdown was no speed bump, at least, according to the latest job numbers. The numbers, released by the U.S. Yet, there was at least some downward revision to other numbers: December’s previously reported gain of 312,000 positions was reduced to 222,000 net additions. Data released on Friday (Feb.

Numbers 49

Numbers Benchmarking Construction Economics 49

PYMNTS

AUGUST 3, 2017

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. A report released from the company this week found a 25 percent year-over-year increase in the number of companies categorized as being in significant financial distress in Q2, the largest yearly increase the firm has seen in three years, it said.

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

CFO Thought Leader

FEBRUARY 4, 2024

For Kemp, who had been appointed chief strategy officer after a stint running Investor relations, the gathering became a moment when strategy and numbers intertwined to offer a clear vision of how to move into the future. Kemp: Built Technologies is one of the fastest-growing construction and real estate technology companies.

CFO 52

CFO Technology Construction Leverage 52

PYMNTS

FEBRUARY 1, 2019

The government shutdown was no speed bump, at least, according to the latest job numbers. The numbers, released by the U.S. Yet, there was at least some downward revision to other numbers: December’s previously reported gain of 312,000 positions was reduced to 222,000 net additions. Data released on Friday (Feb.

Numbers 40

Numbers Benchmarking Construction Economics 40

CFO News Room

DECEMBER 10, 2022

Ironically, it was during Jefferson’s presidency that the government first embarked upon road construction, with the National Road. This in-kind “tax” was perfectly acceptable to the farming community and it was able to fend off LAW’s legislation for a number of years. Prescient words, those. But not, of course, indefinitely.

Construction 130

Construction Profit and Loss Treasury Economics 130

CFO News

MAY 31, 2023

Enthused by higher than expected GDP number in the fourth quarter of FY23, Chief Economic Adviser V Anantha Nageswaran on Wednesday said India can look for another year of solid economic performance. per cent on account of better performance by agriculture, manufacturing, mining and construction sectors. India's economy grew by 6.1

Economics 52

Economics Construction Manufacturing Numbers 52

Accountancy Today

JANUARY 17, 2023

There were 1,964 company insolvencies in December 2022, up 32% compared with December 2021 (1,489) and 76% higher than the number registered three years previously, according to the latest figures from the Insolvency Service. IVA numbers also ranged from around 6,300 to 7,800 per month over the past year.

Restructuring 96

Restructuring Construction Numbers Economics 96

Barry Ritholtz

OCTOBER 18, 2022

The caveat these days is that a wicked combination of events — falling new home construction post-GFC, the pandemic purchase spree, and the low available inventory have made it more difficult to read into the usual home data. Nowhere is this easier to see than in mortgage rates and their impact on home purchases.

Construction 145

Construction Budgeting Economics Sales 145

PYMNTS

SEPTEMBER 23, 2019

only agriculture and hunting invest less in digitization than the construction industry, according to recent data. Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 In the U.S., percent from 2018 to 2022. Freeing Up Cash Flow.

Construction 67

Construction Accounts Payable Treasury B2B 67

Accountancy Today

JULY 15, 2022

Mazars said the figures come in the face of the highest interest rates in 13 years which have made businesses’ debts more expensive to service and has led to an even greater number of indebted businesses falling into insolvency.

Construction 109

Construction Auditing Economics Numbers 109

Nerd's Eye View

SEPTEMBER 1, 2023

Also in industry news this week: A legal challenge to FINRA's operations as a self-regulatory organization has the potential to upend the current regulatory system for broker-dealers and their registered representatives A recent study indicates that while many consumers appear confident handling their finances on a 'DIY' basis during their careers, (..)

Strategic Planning 82

Strategic Planning Construction Practice Management Communication 82

CFO Selections

MAY 12, 2022

The construction industry has been impacted by shortages of certain glues used to make composite building products leading to escalating construction costs and lengthy project delays. Underlying causes include shortages of certain critical raw materials and a very small number of chip manufacturing equipment manufacturers.

Construction 52

Construction Manufacturing Transportation Numbers 52

PYMNTS

JANUARY 5, 2020

s Crown Commercial Service (CCS) announced that Britain’s biggest construction company Balfour Beatty would be hired, even though it was among major construction firms that were recently punished for failing to pay suppliers on time, according to The Construction Index. Three more lots are still outstanding. “From Sept.

Construction 52

Construction Invoicing Numbers Accounting 52

PYMNTS

AUGUST 30, 2020

Users of the China Construction Bank (CCB) began to notice the digital wallet feature, added suddenly and without fanfare to the mobile app. Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account.

Banking 95

Banking Construction Currencies Retail 95

CFO News Room

DECEMBER 4, 2022

Economists expect the Fed’s tighter money policy will ultimately result in negative monthly payroll numbers, but not yet. She said the number of workers out for illness could continue to be a factor, and there have been more announcements of hiring freezes. . Sales hiring increased a lot as well,” he said.

Forecasting 130

Forecasting Construction Retail Numbers 130

Future CFO

APRIL 16, 2024

Challenges ahead As for the hurdles that finance leaders must brace for in regards with the transformation in shared services, Ivan says there are a number of challenges to look out for—and most will revolve around the workforce. Firstly, this entails dealing with a workforce that is more remote than the current arrangement,” Ivan explains.

Finance 98

Finance Construction Technology Treasury 98

PYMNTS

JUNE 9, 2020

Professional and business services, as well as construction, accommodation and food services saw the biggest declines in hiring as states across the country shut down restaurants and imposed strict conditions to slow the spread of the coronavirus. Hiring plunged to 3.5 million in April, or a decline of 1.6 million in April to 7.7

Construction 52

Construction Numbers Economics Retail 52

Nerd's Eye View

JANUARY 24, 2024

In this guest post, David Haughton, the Team Lead for Advanced Planning at Commonwealth Financial Network, explores the importance of comprehensive POAs and how they can be constructed to avoid many of the common pitfalls that loved ones may encounter when accessing an incapacitated person's assets.

Construction 86

Construction Planning Accounting Numbers 86

PYMNTS

SEPTEMBER 24, 2020

The number of Americans who filed for jobless claims increased last week, higher than analysts' predictions, another sign that the nation’s recovery is uneven. The total number of people claiming benefits in all programs for the week ending Sept. That would have been lower than the previous week’s numbers.

Construction 99

Construction Economics Numbers Finance 99

Nerd's Eye View

JANUARY 24, 2024

In this guest post, David Haughton, the Team Lead for Advanced Planning at Commonwealth Financial Network, explores the importance of comprehensive POAs and how they can be constructed to avoid many of the common pitfalls that loved ones may encounter when accessing an incapacitated person's assets.

Construction 83

Construction Planning Accounting Numbers 83

Future CFO

OCTOBER 25, 2023

China has so far proved to be successful in maintaining a low number of insolvencies, the firm observed. At the regional level, this would translate into a +5% y/y increase in 2024 and +3% in 2025, the trade credit insurer predicted.

Construction 52

Construction Finance Investments Numbers 52

Nerd's Eye View

APRIL 6, 2023

On the other hand, some prospects might prefer to engage with an advisor who works a limited number of hours to serve as a mentor, if that is their own goal for their business or career as well (in which case the advisor’s flexible schedule could actually attract more clients!).

Communication 73

Communication Construction Planning Numbers 73

Barry Ritholtz

OCTOBER 2, 2023

Sturgeon’s law suggest 300,00 of them are not crap – and that number seems generous. Box We don’t live in objective reality ; in truth, we function in a model of our own construction. We rarely deal with objective reality, instead interacting will all of our artificial constructs. All models are wrong but some are useful.” -Box

Investments 136

Investments Construction Marketing Economics 136

CFO News Room

DECEMBER 2, 2022

Within the 37,000 addition in goods-producing industries, construction added 20,000, durable-goods manufacturing rose by 11,000, nondurable-goods manufacturing expanded by 3,000, and mining and logging industries added 3,000 (see second chart). The total number of officially unemployed was 6.011 million in November, a drop of 48,000.

Economics 130

Economics Manufacturing Construction Healthcare 130

Generation CFO

JANUARY 21, 2022

I like interpreting and analysing numbers, seeing trends and then deep diving into those trends and help facilitate understanding to help drive strategy,” says Bulent. Overseeing the acquisition. The people side is one of the most enjoyable aspects of Bulent’s role, the other being the business advisory and analytical side. “I

Finance 187

Finance Financial Systems CFO Construction 187

Barry Ritholtz

JANUARY 19, 2024

My end-of-week morning train WFH reads: • Americans are actually pretty happy with their finances : By the numbers: 63% of Americans rate their current financial situation as being “good,” including 19% of us who say it’s “very good.” Business Insider ) • How does the Fed control interest rates?

Benchmarking 52

Benchmarking Construction Startups Numbers 52

PYMNTS

JULY 20, 2020

Bloomberg News reported 13,358 units were under construction in the Toronto area in the second quarter, a nearly 40-year high, according to research from Urbanation Inc. , All in a year in which Canada was supposed to welcome a record number of newcomers.”. But builders insist they are not planning to slow construction.

Construction 52

Construction eCommerce Planning Numbers 52

PYMNTS

MAY 8, 2020

Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. That number tops the post-World War II record of 10.8 That number tops the post-World War II record of 10.8 The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Nonfarm jobs fell by 20.5

Construction 69

Construction Healthcare Numbers Retail 69

PYMNTS

MAY 29, 2019

Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. and global economy. Top Industries.

Construction 88

Construction Economics Finance Numbers 88

VCFO

MARCH 6, 2024

In these instances, the people picture usually isn’t painted much beyond basic information, like the number of employees involved and where those employees are located. Setting the Stage for Secure and Constructive Engagement Throughout successful M&A deal processes, HR serves as a facilitative function.

Mergers and Acquisitions (M&A) 77

Mergers and Acquisitions (M&A) Leadership Construction Communication 77