Construction Executive published an article by Assurance Partner Robert Mercado and Senior Manager Christopher Sisk, about how to optimize the balance sheet to find hidden equity.
Construction Executive
By Robert Mercado, Partner, Assurance Services & Christopher Sisk, Senior Manager, Assurance Services
Excerpt:
Focusing on how items are recorded on a contractor’s financial statements is imperative for management to make the right decisions and to optimize how outside users of the financial statements view them. It is considered best practice for a contractor to review their financial statements with external users, especially with sureties and banks/creditors, to ensure there are no incorrect assumptions made by external users.
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