How Important is it to Work with a CPA Who is Well Versed in Surety?
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 (email@example.com), suggests that you…Continue Reading →
The Importance of Your CPA Financials | By edayadmin |
How Do Surety Companies Evaluate a Contractor’s Working Capital?
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…Continue Reading →
Working Capital | By edayadmin |
What Should Contractors Do to Make Sure a Meeting with a Surety Company Produces the Best Results?
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…Continue Reading →
Growing Your Bonding Capacity | By edayadmin |
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