By Douglas Kohn, CPA If your construction or real estate development company already has a solid bookkeeper, the next question usually arrives as a complaint, not a strategy: "Why do the books still not tell me which jobs are making money?" That question is the gap between bookkeeping and controllership. Construction Executive put the distinction plainly in July 2026: a bookkeeper records transactions, while higher-level construction accounting owns job costing, WIP reporting

*By Douglas Kohn, CPA* Commercial real estate operators still talk about the "maturity wall" as if rates alone decide outcomes. Rates matter. They do not write the lender package, rebuild trailing NOI, or prove debt-service coverage before a credit committee meets. That is CFO work. The Mortgage Bankers Association (Feb 9, 2026) reports that 17 percent ($875 billion) of the $5.0 trillion of outstanding commercial mortgages is scheduled to mature in 2026, down 9 percent from $

Most construction Controllers grew up reading retainage on the same line as trade receivables. The owner held back 5% or 10%, the AR aging showed it, and the surety could see how much cash was still parked behind final completion. That presentation did not survive ASC 606 cleanly — and in 2025 the FASB made clear it is not going back. If your year-end package still treats every retention balance like ordinary AR, you are probably misstating the balance sheet. If you buried co

What Owners and Operators Need to Watch The commercial real estate market has spent the last few years bracing for bad news. Now, halfway through 2026, the picture is more mixed — some parts of the market are genuinely stabilizing, while others are just getting to the hard part. For owners, investors, and the finance teams supporting them, that mix creates a long list of accounting and tax issues that can't be put off until year-end. Here's what's actually on the table right

Understanding the world of finance can often feel overwhelming. However, gaining a clear grasp of financial services is essential for making informed decisions about your money, investments, and future. This article provides a comprehensive overview of financial services, breaking down complex concepts into simple, actionable insights. Whether you are a beginner or looking to deepen your knowledge, this guide will help you navigate the financial landscape with confidence. Ove

Choosing the right financial services can be a game-changer for your personal or business finances. With so many options available, it’s important to understand what each service offers and how it can benefit you. This guide will walk you through the best financial services, helping you make informed decisions that align with your goals. Understanding the Best Financial Services Available Today When it comes to managing money, the best financial services provide tailored solu

Year-end is the best time for owners and finance leaders to turn “keeping up” into a real strategic reset, especially with 2025’s new tax law and a changing economic backdrop. firmofthefuture+1 ​ Why year-end matters more this year Economic volatility, higher-for-longer interest rates, and increasing scrutiny from lenders and investors mean your numbers need to be accurate, defensible, and forward-looking. For many growing businesses, this is exactly where a fractional CFO mo

The Need for Speed in Financial Decision-Making The speed of decision-making in finance can greatly influence results. Markets can change at any moment, and what seemed like a fantastic prospect yesterday may not hold the same value today. For example, in 2020, the stock market experienced a rapid drop due to the COVID-19 pandemic. According to reports, the S&P 500 plunged by 33.9% in just a month. Investors who could quickly analyze trends and make decisions, like reallocati

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The Consumer Price Index (CPI) report for May 2025 brought welcome news: inflation is easing more than expected . Headline CPI came in at...