There are two methods of accounting for most construction contractors; Percentage of Completion (POC) and Completed Contract (CCM). Percentage of completion is the method utilized most by contractors. But why? What are the benefits of POC? Let’s find out!
Yesterday the Senate passed the PPP modifications that the House passed last week. Due to the overwhelming bipartisan support, the modifications are expected to be signed by the President. Below is a summary of the changes to the program. These modifications to the program require a n