Your financial statements are only as accurate as the accountant who prepares them. It’s important to work with a CPA who is construction-savvy and knowledgeable about construction accounting. What Interview Questions Can Be Used to Make Sure A CPA Is Construction-Savvy? Joseph Catania, President of Anderson & Catania Surety Services, LLC (jcatania@acsurety.com), suggests that you…

Brent Headley of Anderson & Catania considers working capital to be one of the most important financial considerations in determining a contractor’s bonding program. How Much Working Capital is Needed to Support a Bonding Program? Working capital is the balance between a contracting company’s current assets minus its current liabilities. “Typically speaking, your standard surety…

An underwriter wants to see your whole organization. The CPA presentation is important, but the underwriter truly wants to get to know your passion for the construction industry, talk about your experience, get to know your personnel and their experience, what job sizes you can handle, discuss positive references on completed contracts, and understand the…