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  • Navigating the One Big Beautiful Bill and Tariffs: Construction Industry Impact and Opportunities
    2025/08/01

    In this episode of Constructive Conversations, host Eddie Thompson sits down with Brown Edwards tax directors and construction industry experts Carla Brown and Corbin Rice to break down the complex implications of the "One Big Beautiful Bill" and recent tariff policies on the construction sector.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    36 分
  • A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #7: Culture and Loyalty
    2025/07/15

    Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions. Explore how cultivating a positive company culture transforms construction businesses from the inside out. This episode of Construct-ive Conversations examines how respect, inclusivity, financial transparency, and career development create loyal teams that drive profitability and competitive advantage. Discover actionable strategies to build a workplace where employees feel valued, engaged, and committed to your company's success.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    21 分
  • Building the CFMA Community: Construction Accounting Insights with Craig Daniels
    2025/07/01

    Join host Eddie Thompson of Brown Edwards & Company as he sits down with fellow CPA and construction specialist Craig Daniels for an engaging shop talk about the Construction Financial Management Association (CFMA) and the construction industry. Craig, a director at Brown Edwards with 13 years of public accounting experience and a Certified Construction Industry Financial Professional (CCIFP), shares his insights from the recent CFMA conference in Las Vegas and discusses his efforts to establish West Virginia's first CFMA chapter.

    In this episode, Eddie and Craig dive into the nuances of construction accounting, the importance of CCIFP designations, and practical strategies for maximizing balance sheets for bonding and banking capacity. They explore current trends in the construction industry, discuss succession planning, and share experiences from their work with contractors across West Virginia and surrounding states.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    33 分
  • A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #6: Integrity Issues
    2025/06/16

    Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions. Explore the critical role of integrity in construction accounting in this insightful episode. Discover how ethical practices impact stakeholder relationships, learn strategies for maintaining transparency, and understand the long-term consequences of integrity failures. Gain practical guidance on building trust through accountability, ethical financial policies, and proper mistake management—essential knowledge for construction professionals seeking sustainable success in the industry.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    20 分
  • A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #5: Balancing Capability and Cost
    2025/05/15

    Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions. This episode explores the delicate balance between capability and cost in construction equipment investments. We examine key strategies for maintaining a balanced equipment portfolio, conducting utilization analysis, evaluating lease versus buy options, and developing effective replacement strategies. Learn how Certified Construction Industry Financial Professionals can guide these crucial decisions to enhance operational efficiency while maintaining fiscal responsibility. Discover practical approaches to align your equipment investments with both immediate project needs and long-term business goals.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    25 分
  • Beyond Low Bid: Exploring Better Construction Delivery Methods
    2025/05/01

    In this episode of Construct-ive Conversations, host Eddie Thompson from Brown Edwards welcomes Tina McPhail, Executive Vice President and CFO of Pray Construction. Together, they dive into the limitations of the traditional "low bid" model for public construction projects in West Virginia and explore alternative delivery methods that could provide better value and results. Tina shares her passion for implementing legislative changes to allow design-build approaches already used in surrounding states, highlighting how these collaborative methods can lead to better outcomes, reduced change orders, and more efficient project delivery. Drawing from real examples, this conversation offers valuable insights into the future of construction procurement in West Virginia.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    50 分
  • A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #4: Accountability
    2025/04/15

    Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions. In this episode, we explore how a lack of accountability acts as a "silent profit killer and examine how accountability impacts every level of operations, from project execution to financial performance.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    21 分
  • Succession Planning in Construction: A Guide to Securing Your Business Legacy
    2025/04/01

    In this episode of Construct-ive Conversations, host Eddie Thompson sits down with Will Clark, a tax director and succession planning expert from the firm's Kingsport, Tennessee office. They discuss the critical aspects of business succession planning, including different exit strategies, tax implications, and the importance of early planning. The conversation offers practical guidance for construction business owners at any stage of their succession planning journey.

    A Business Advisor for the Construction Industry

    Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.

    Learn more about Brown Edwards' Construction group.

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    42 分