Cash vs Accrual Accounting in Construction #accounting #theconstructioncpa
One of the key decisions you'll need to make is choosing between cash accounting and accrual accounting methods. But what's the difference, and which one is right for your construction business?
In this video, we'll break down the fundamentals of Cash vs. Accrual Accounting, focusing on the construction industry. We'll explore the advantages and disadvantages of each method, helping you make an informed decision that suits your company's needs.
