Everything About Job Costing

ConstructionJob CostingRevenue RecognitionTax PlanningAccountingFinancial ReportingContractsCash Flow

Percentage of Completion vs Completed Contract: A Contractor's Guide to Construction Revenue Recognition

A side-by-side comparison of the Percentage of Completion (PCM) and Completed Contract (CCM) methods for construction revenue recognition, with worked examples, ASC 606 over-time criteria, the IRC Section 460 small contractor exception (~$31M for 2026), WIP schedule mechanics, and the overbilling/underbilling traps that wreck contractor cash flow.

AccountingConstructionSmall BusinessJob CostingBookkeepingFinancial Reporting

Construction Accounting: A Complete Guide for Contractors and Small Builders

Learn the essentials of construction accounting including job costing, revenue recognition methods, WIP schedules, retainage tracking, and change order management. A practical guide for contractors and small builders.