Most contractors I run across confess “I never have as much money at the end of the year as I expect to.” Do you suffer the same fate?Do you arrive at year end wondering where your money went to? If so, I’d bet you’d like to learn how to avoid that ugly outcome.Pay attention here, [...]

The first stage is to ensure the organisational chart clearly represents the management responsibility of each department and activity area. Financial accountancy and cost accounting should be integrated and aligned to enable detailed management information reporting and accurate financial records for each activity.The cost and management information reporting system should be focused upon critical items [...]