Accruals are a form of accounting practice that can help to provide a more accurate representation of the economic condition of a project at the end of an accounting period. The purpose of monthly accrual is to record incurred expenses within the proper accounting period and to match expenses with Read more…
Organizations who are involved in delivering capital construction projects always need to know the current material price of key construction materials and other related commodities. Whether those organizations were project owners, contractors, consultants among others need those prices to assess the project viability, price to bid, etc. In most countries, Read more…
Intelligence, whether artificial or not, depends on the extent of relevant wisdom available to propose actions or predict future outcomes. Wisdom depends on the extent of available knowledge which depends on the amount of valid information available that depends on the trustworthiness of historical and current data that can be Read more…
