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Construction Payments: Building The House With Virtual Cards

PYMNTS

Keeping Construction Payments Fraud-Free. trillion construction market can have long-ranging effects. Cash flow problems can result in construction firms delaying payments to vendors, suppliers or subcontractors, which in turn can result in late delivery of supplies, therefore delaying projects from the beginning.

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David Henroid Named a Top Business Advisor by Small Business Monthly

Anders CPA

About David Between his time in public accounting and corporate accounting, David has almost 20 years of experience across a variety of specialties and industries, including manufacturing, construction, real estate and not-for-profit. Louis Small Business Monthly Read about the Top Business Advisors in St.

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Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion

CPA Practice

According to court documents, Lohrasb “Jeff” Jafari, 72, of Alpharetta, Georgia, was the executive vice president of PRAD Group, an architectural, design, and construction management firm headquartered in Atlanta that performed services for the City of Atlanta and DeKalb County. million in taxes. Jafari also oversaw PRAD Group’s finances.

Georgia 98
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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Here’s just one: FT Accounting/Fractional Controller (Permanent) | Candidate ID #19584980 Certifications: CompTIA, CompTIA+ Experience (years): 20+ Work experience (highlight): CFO of a large regional contractor in the utility sector Started as Controller, promoted to CFO Managed corporate accounting team of 16 professionals, plus supervised (..)

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Scammers Prove Corporate Payments Fraud Comes In All Shapes And Sizes

PYMNTS

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. Philabundance, the region's largest food bank, was in the midst of renovating its kitchen when it received a seemingly legitimate invoice from one of its construction suppliers.

Ohio 91
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Trade Finance Finds Glare In Late Payments Spotlight

PYMNTS

As reported last week, Fitch said a loophole tied to corporate accounting exists, one which opens the door to longer payment terms. And Construction) Yet Again. But when late payments become part of the tapestry, financing options and inventiveness suffer.

Finance 40
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Head Of UK’s Financial Reporting Council Quits Amid Scrutiny

PYMNTS

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. The head of the U.K.’s Reports in Reuters on Friday (Nov. Sir John Kingman, a civil servant asked by U.K.