Building the CFMA Community: Construction Accounting Insights with Craig Daniels
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Building the CFMA Community: Construction Accounting Insights with Craig Daniels
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Join host Eddie Thompson of Brown Edwards & Company as he sits down with fellow CPA and construction specialist Craig Daniels for an engaging shop talk about the Construction Financial Management Association (CFMA) and the construction industry. Craig, a director at Brown Edwards with 13 years of public accounting experience and a Certified Construction Industry Financial Professional (CCIFP), shares his insights from the recent CFMA conference in Las Vegas and discusses his efforts to establish West Virginia's first CFMA chapter.
In this episode, Eddie and Craig dive into the nuances of construction accounting, the importance of CCIFP designations, and practical strategies for maximizing balance sheets for bonding and banking capacity. They explore current trends in the construction industry, discuss succession planning, and share experiences from their work with contractors across West Virginia and surrounding states.
A Business Advisor for the Construction Industry
Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.
Learn more about Brown Edwards' Construction group.