by Shawna Coronado | Jan 11, 2025 | Accounting, Certified payroll
Certified payroll compliance is a crucial responsibility for contractors working on federally funded projects. As an accountant, you play a vital role in ensuring accurate, timely, and compliant certified payroll reports in line with the Davis-Bacon Act. These weekly...
by Shawna Coronado | Nov 14, 2024 | Accounting, wage determinations
As an accountant working in the construction industry, mastering the nuances of wage determination in construction accounting is essential. This involves more than just compliance with the Davis-Bacon Act—it’s about maintaining accurate financial records, ensuring...
by Shawna Coronado | Oct 24, 2024 | Accounting, Certified payroll, Compliance
Certified payroll audits can be a significant challenge for construction workforce management teams. These audits, mandated for contractors working on federally funded projects, ensure workers receive the correct prevailing wages and benefits. While essential, audits...
by Shawna Coronado | Sep 21, 2024 | Accounting
The Department of Labor Final Rule for accountants introduces critical changes that impact compliance procedures and financial management for construction companies on federally funded projects. Introducing substantial changes to the Davis-Bacon and Related Acts...
by Shawna Coronado | Sep 4, 2024 | Accounting
Davis-Bacon Compliance for accountants and CPAs is a critical aspect of managing federally funded construction projects, ensuring that your clients adhere to wage regulations and avoid costly penalties. Learn more in this introduction to Davis-Bacon Compliance for...
by Shawna Coronado | Apr 9, 2024 | Accounting, Business tips, Human Resources
Paid sick leave can be a concern. The construction industry thrives on a reliable workforce. When a key team member falls ill and can’t make it to the job site, it can lead to a domino effect of problems. Delays, safety concerns, and crew imbalances are just a...
