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...
When you get into a legal predicament as a construction company owner, time and money are of the essence. You would not believe how much time of my legal career has been spent diving through banker boxes and trying to put together the pieces of a project gone wrong. Before the creation of...
The Home Depot Foundation announced that it was making a commitment of $50 million to the expansion of its training programs and to training 20,000 skilled craft workers over the next 10 years.This new commitment comes on the heels of their “pilot trades training program” for separating military...
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...
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's hard work on the Wursthalle Renovation project paid off. The company was honored to receive an Associated Builders and Contractors (ABC) Central Texas Excellence in Construction (EIC) Eagle award, which qualified them to compete at the national level. In...
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...
