Castro CPA Blog

Practical guidance on construction accounting, surety reporting, bonding, and financial strategy.

November 2, 2026

How to Increase Surety Bonding Capacity at Year-End: 8 Moves for Construction CFOs

Eight year-end moves construction CFOs can make to increase surety bonding capacity, from working capital and WIP to overbillings and equity.

July 31, 2026

Uninstalled Materials and Your WIP Schedule: What Contractors Should Know Before Year-End

Uninstalled materials can defer reported profit and flip your WIP billing position without changing the job. Here's what to document before year-end.

August 3, 2026

How to Read a Construction WIP Schedule

A preparer's guide to the construction WIP schedule: estimate-to-complete controls, margin fade, loss accruals, the journal entries, and what your auditor will test.

August 12, 2026

What Your Surety Underwriter Actually Does With Your Financial Statements

Sureties rebuild your balance sheet before setting your bond program. What they subtract, what they add back, and how it sets your single-job and program limits.

August 24, 2026

QuickBooks for Construction Contractors: What It Does Well, and Where It Will Cost You

A construction CPA's honest look at QuickBooks for contractors: where job costing, labor burden, retainage, and WIP schedules break down, and how to fix them.

September 1, 2026

Levels of Assurance: Audit vs. Review vs. Compilation

Audit, review, compilation, or preparation? A CPA explains what level of assurance each service provides, what it costs you in time, and which one your bank or surety actually requires.