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
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...
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...
The following article was authored by Jackson Lewis P.C. attorneys, Courtney Malveaux, Richard Vitarelli, and Lin Wagner.Workers in the construction industry tend to be older than those in other industries, according to the National Association of Home Builders. The median age of...
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...
In the construction world, Silica safety has become a top priority, albeit if partly only because of OSHA’s implementation of its Silica safety standards, which went into effect in September 2017.Prior to those standards being put into effect, workers may not have realized how common, and dangerous...
