This week, Dorrie Franzello-Kurtz, CPA at YHB | CPAs &Consultants, discusses the critical importance of accurate job costing, real-time financial reporting, and strategic financial management for construction companies. She emphasizes the need for proactive accounting practices, highlighting how proper tracking of indirect costs, job scheduling, and communication between field and office teams can significantly impact a construction business's profitability and long-term success.
https://yhbcpa.com/staff/dorrie-franzello-kurtzcpa/
Introduction and Background of Dory Franzello Kurtz (0:00)
Client Accounting Services (CAS) and Outsourced Accounting (2:07)
Identifying Issues in Construction Companies (3:58)
Real-Time Reporting and Job Scheduling (6:08)
Impact of COVID-19 on Construction Accounting (8:25)
Key Performance Indicators (KPIs) and Financial Management (12:58)
Estimating and Cost Control (23:30)
Strategic and Tactical Accounting (42:14)
Final Thoughts and Advice for Construction Business Owners (45:09)
Find Our Hosts:
Reece Barnes
Matt Calvano
Podcast Produced By:
Motif Media
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