174. The Benefit of Year-Round Compliance

Listen as host Mike Merrill speaks with YHB CPAs & Consultants Matt Smith, CPA, and Dorrie Franzello Kurtz, CPA. They discuss the importance of year-round accounting compliance in the construction industry.

 

They highlight how continuous collaboration between different departments can lead to more thorough audit trails and better project outcomes. They also explore the critical role technology plays in providing real-time information for more timely decision-making.

 

Key Takeaways:

·      Maintain compliance throughout the year rather than just at year-end.

·      Interdepartmental communication is essential for successful project management and financial health.

·      Leverage technology for better data visibility and efficiency.

·      Educate project managers on financial implications to improve accountability.

·      Regular meetings with external financial statement users can prevent surprises.

 

Struggling to keep your construction firm compliant year-round? We're here to help. Join Mike Merrill as he sits down with YHB CPAs & Consultants Matt Smith, CPA and Dorrie Franzello Kurtz, CPA, to discuss strategies for continuous compliance in the construction industry. Learn about the importance of interdepartmental communication, the necessity of leveraging technology and how to maintain consistent collaboration.

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