Accounting for Anticipated LossesGenerally accepted accounting principles or GAAP require the recognition of loss provisions in the period during which the loss becomes evident (Financial Accounting Standards Board Accounting Standards Codification [FASB ASC] 605-35-25-46 // FASB ASC-606-10-65-1)....
This Week's Second Look
The State of Texas has created a new body, the Commission on Texas Workforce of the Future, to recommend legislation for submission during the next legislative session in 2021 to alleviate the skilled workforce shortage in the state. Andrew Schneider of Houston Public Media reported:“Texas...
Here at Chamberlin Roofing & Waterproofing, there is only one thing that our clients pay us to do for them. They don’t pay us to do estimates, nor do submittals, nor send them invoices, nor answer our phones, nor send them advertising materials or a whole host of other things that we all spend...
This new $1.2 Trillion Infrastructure Bill has many contractors thinking about trying their hand at Federal Projects. Bigger doesn’t always mean better though. Especially if this means that there is more risk involved. It’s important to truly think first before you jump and educate yourself on what...
Authored by Pete Keener, RRC, RRO, CIT - Department Manager, Building Science Solutions, Intertek, and originally published in the Chamberlin Roofing and Waterproofing Summer 2021 Quarterly Newsletter.This question has been asked for years in the roofing industry when discussing...
The last decade has brought with it a significant increase in the number of claims stemming from allegations of discrimination or retaliation as a result of mental health conditions. The mental health of employees is an area of the law that will continue to see a significant increase, as well as an...
In Construction Career Collaborative (C3)’s endeavors to create a safe, skilled and sustainable craft workforce, we encounter outstanding workforce programs that frequently fly under the radar of construction employers. One of those is United Way of Greater Houston’s THRIVE, which administers a...
Business email compromise (BEC) scams are on the rise. In 2020, the FBI’s Internet Crime Complaint Center (IC3) received 19,369 BEC/Email Account Compromise (EAC) complaints with adjusted losses of over $1.8 billion.This type of fraud poses substantial risk to all types of organizations. Small...
Chamberlin Roofing & Waterproofing installed a fully tapered PVC roofing system for Charles Schwab’s new headquarters in Westlake, Texas. The 1.1 million-square-foot campus is spread across 70 acres within Hillwood's Circle T Ranch development. Designed by Corgan, it was built in two phases...
