What Is a Statement of Shareholder Equity?

If a company’s annual earnings are shrinking and its dividend obligations are rising each year (or a share buyback program is proving more expensive or larger than planned), this will become obvious on the stockholders’ equity statement. Total stockholders’ equity declined from just over $1bn in January, to $828m at the close of the year. We can see from the… [...]

Percentage-of-Completion After ASC 606: Key Changes

This ratio helps determine the percentage of the project completed, which then informs the revenue and profit recognized in each period. Regularly monitoring allows you to catch any deviations early on and adjust your revenue recognition accordingly. This video offers a helpful breakdown of how progress is measured and applied to revenue calculations. The core principle of the percentage of… [...]

Keeping Up With Compliance: 2025 Accounting Best Practices For Contractors

Unlike traditional accounting, construction accounting treats each project as a unique profit center. These practices include using job costing, tracking committed costs, understanding margin vs. markup, and running frequent Work in Progress (WIP) reports. Change orders must be managed through formal documentation processes that alter scope, budgets, or timelines, ensuring all changes are approved and reflected in project financials. Revenue… [...]

Best Real Estate Accounting Software Options for 2023

Built on OpenAI models, integrated into RealPage, and governed for security and transparency, Lumina is designed to give your teams time back to focus on what matters most. Empowering over 900,000 real estate professionals across the U.S. and Canada, SkySlope manages over 3 million transactions annually—with intelligence built into every transaction. Entrata’s all-in-one platform brings modern property management technology to… [...]