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Construction & Real Estate Insight

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December 2011

Posted December 15, 2011

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In this Issue:

Accounting Standards Updates Continue

In spite of many twists and turns, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) continue in their efforts to converge U.S. and international accounting standards. At least three of the current FASB/IASB projects are of direct interest to the construction and real estate industries.

Clock is Ticking on Year-End Tax Breaks

By this time of year, tax planning should be checked off your list. But with ongoing uncertainty about the future of taxes in general, it would be understandable if there were still some loose ends. As you tie them up in the remaining weeks of 2011, you’ll want to make sure you have considered these tax saving opportunities.

Five Benefits of Enterprise Risk Management

Organizations across all industries are implementing some form of Enterprise Risk Management (ERM), because ERM can provide significant value to the strategic development and execution of business plans.