Recent Articles

Case Study in Cost Accounting

Case study of cost accounting to help the contractor understand why it is important to have this type of accounting in his business operation.

Methods to Reduce Costs in New Home Construction

01/30/2013

This article describes methods to reduce the overall cost of construction for a new home.  The new home construction industry has been hit hard by the devaluing of real estate during the four year period of 2008 to 2012.  There is no reliable [...]

A Model of Excellence

12/04/2012

During my 17 years of doing accounting work, I had the privilege of providing temporary controller duties for a new home contractor.  He built custom homes in an upper middle class area.  The homes ranged between $450,000 to $900,000 depending on [...]

Cost Accounting – Case Study

11/26/2012

“Pull out your checkbook”.  “OK” the client responds.  I continue, “Now write out a check for $200, and leave the ‘Pay to’ spot blank.  The next time a customer for restoration work calls, get their name and address, write [...]