Author name: championlog

Contract vs Full Time: Everything You Need to Know

Many companies offer paid time off, healthcare, insurance, retirement plans, and similar perks. Moreover, full-time employees are also eligible to receive various company benefits. Thanks to this commodity, contractors can easily plan and organize time off or vacations and holidays by accepting more work prior to ensure that they’ll be able to handle them financially. […]

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How do you account for a project under construction?

The balance sheet also includes information about the company’s assets, even those currently not in use. Construction work-in-progress assets are unique in that they can take months or years to complete, and during cip accounting the construction process, they are not usable. If a company does not track these costs accurately, its finance department may

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