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Financial Protection for the General Contractor & Owner: Two Ways

Financial Protection for the General Contractor & Owner: Two Ways

by Gaurav Mehrotra | Nov 27, 2020 | Cost Controls, Financial, Podcast

Executive Summary When making regular payments throughout the lifespan of a construction project, there are two main ways a general contractor or owner can achieve a significant level of financial protection: the joint check and/or the lien release. The Payment...
Cash v. Accrual Accounting – Whatchu Talkin’ About Willis?

Cash v. Accrual Accounting – Whatchu Talkin’ About Willis?

by Gaurav Mehrotra | Aug 13, 2020 | Accounting, Financial, News

Executive Summary There are basic differences between cash and accrual accounting.  Here’s a quick review. What is Accounting? Sounds simple, right?  It’s just keeping track of money in a business. And money only does one of two things – it either goes in the bank...
Users of Your Financials: What They’re Looking At

Users of Your Financials: What They’re Looking At

by Gaurav Mehrotra | Mar 19, 2018 | Financial, News, SJCC

Executive Summary: Some parties may require their own review of your financial reports before doing business with you. The two documents of interest to these parties are the income statement and the balance sheet. The major items they’re looking at are briefly...

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