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ACCOUNTING

Accounting - Part III: Plan ahead for accounting for new long-term contracts

AUSTIN - Your company established the completed contract method of accounting for long-term contracts that are exempt from Code Section 460 because its gross receipts fell under the $10 million threshold....

Created by : contributorcn
11/28/2018 18:00:00 | Viewed: 0
INSURANCE

Insurance - Consider a workers’ compensation deductible

SAN ANTONIO - Have you seen your Auto rates steadily increasing over the last several years? You are not alone, it’s happening on all commercial insurance accounts across the board regardless of your own individual account’s auto experience – an 8% bump, 10% bump, even 15% or more are becoming more and more common!...

Created by : contributorcn
10/29/2018 17:00:00 | Viewed: 0
LEGAL

Legal - What to do if you suddenly become involved in a multi-party construction defect lawsuit?

SAN ANTONIO - Times are changing. Around Texas, there is an onset of multi-party construction defect lawsuits. In the Valley and recently in Bexar County, various school districts have filed lawsuits. In the current climate of public owners or owners of multi-family housing units, construction defect lawsuits are becoming prevalent. When public owners are involved, the two or four year statutes of limitation do not apply. Instead, lawsuits may be...

Created by : contributorcn
11/28/2018 18:00:00 | Viewed: 0
OSHA

OSHA - Cranes and derricks in construction: Operator qualification

AUSTIN - OSHA changed the regulation governing crane operator certification in construction. First, this final rule removes the requirement that crane operator certifications include the crane’s rated lifting capacity. The two testing organizations that have certified the majority of operators have issued certifications by “type” but not “capacity.” These certifications, therefore, would not have been valid without a change to the rule....

Created by : contributorcn
11/28/2018 18:00:00 | Viewed: 0