Revenue Recognition for Construction Accounting

Revenue Recognition for Construction Accounting
Revenue recognition and accurate job costing adds to the complexities of construction accounting since typically every project is unique, and the cash flow depends on the nature of the business and the contract....

The key Aspects of Construction Accounting

Many vertical market software solutions have automated and simplified their customers' unique requirements, including the construction industry. However, the accounting needs remain complex, and the requirements for construction accounting reporting can be challenging compared...

Accounting Trends 2020

The demand for meaningful, insightful and accessible reporting is expected of the accountant more and more every year. The profession has become increasingly competitive, and the need to understand future accounting trends and the impact of digitalization is on the rise...

Are you a future-ready CPA?

Technology has revolutionized the accounting industry. The global business accounting landscape is experiencing an incredible shift toward automation and advancements. You might have encountered this shift already, and if not, it's sure to get your attention sooner than later. Technology won't immediately replace accounting...

Softrak Named Top Financial Reporting Solution Provider

Softrak was chosen as Top Financial Reporting Solution Provider by CFO Tech Outlook in its July 2018 edition. The article names Adagio as one of CFO Tech’s top 10 financial reporting solutions. CFO Tech Outlook is a US-based print and online magazine with a readership of approximately 50,000 for print, 600,000 for online.

Data Security and Going Paperless Were Hot Topics at AOC 2018

Softrak recently held its annual Adagio Opportunity Conference. Held in Vancouver earlier this month, the event brought together a large community consisting of Adagio Accounting clients, authorized consultants and software developers. The conference primarily provides training, but also covers informational topics that are of great interest to a finance & accounting office.