Accrual Accounting Operations Risk Management 
Strategy Driven
DECEMBER 14, 2023
Professionals working with construction businesses have also mastered accrual accounting, which differs from cash accounting in that it records income when the company earns it rather than when it receives payment for the work. Construction bookkeeping is much more complex than traditional general accounting.
Harvard Business Review
AUGUST 24, 2017
While these explanations need not be mutually exclusive, we found that less litigation was, at least in significant part, consistent with active risk management by the CEO. When it came to risk taking and other behaviors that could generate litigation, lawyer CEOs appeared to act differently from non-lawyer CEOs.
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