LECROY & ASSOCIATES, INC.
"BONDING IS OUR BUSINESS"

Accounting

Items included in this section:

1) Sample financial statement

2) Financial statements and accounting terms explained

3) Financial statement analysis

4) Job status report

5) Accounting code chart of accounts

6) Accounting for owner paid materials

7) Financial questions and actions (checks)

8) Deferred tax estimating procedures

9) Cash flow checklist (cash reconciliations)

10) In-house financial statement

a. Omissions
b. Use job status report to compute and adjust over/under billings
c. Do retained earnings equal prior fiscal year-end plus or minus current net profit?

11) How to determine break-even sales

12) Changes that affect working capital

13) Pre-tax net profit forecast - how to?

14) Analysis of subcontractors

15) Financial effects of cash outlays

16) Why do contractors change CPAs?

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