May 2025

Building Better Books: Top Accounting Pitfalls in Construction Projects

Accounting in the construction industry can be challenging. Material costs constantly fluctuate and the construction project can change at any time. In this article I will explain the most common construction accounting mistakes in work-in-progress (WIP) reporting—and how to avoid them to keep your projects profitable and your financials accurate.

How Is 3D Printing Affecting the Construction Industry?

3D printing is gradually gaining traction in the construction industry with its ability to significantly reduce costs for labor and materials while expanding design possibilities. Its ability to produce innovative, sustainable, and energy-efficient structures is capturing the attention of industry leaders and forward-thinking builders. This article provides an overview of 3D printing’s current role in construction, its practical applications, and what the future may hold for this rapidly evolving technology.

Contractors Can Calculate KPIs, Too

Key performance indicators (KPIs) aren't just for Fortune 500 companies—they’re essential tools for construction contractors looking to monitor financial health, improve cash flow and drive profitability. This article explores the most relevant KPIs for the construction industry and how they can benefit your financial performance.

Prevent Fraud at Your Construction Company With A Holistic Approach

Fraud remains a consistent threat to construction businesses, whether it occurs in the office or out in the field. To effectively minimize exposure, contractors must adopt a holistic approach to fraud prevention. This article explores the specific risks contractors face and the proactive steps you can take to better protect your company.

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About Dannible & McKee, LLP

Dannible & McKee, LLP is a leading CPA firm that has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. Known for our technical expertise and deep industry experience, we are committed to delivering high-quality service tailored to our clients' needs. As trusted advisors to the construction industry, we are highly respected among construction leaders and actively engaged with many organizations that shape the sector. We stand out from our competition by conducting one-on-one, year-end planning meetings to review your operations and plan for income taxes, banking and bonding concerns. With a comprehensive understanding of all aspects of construction, we help businesses navigate daily operational challenges, maximize cash flow and develop long-term strategies for sustained success.

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To learn more about Dannible & McKee, visit us at www.dmcpas.com.

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