Spring 2009

Somerset Construction & A/E Team News

Timberline Reports and Consulting Services. Are you getting the management reports that you need out of your Timberline Office system? Somerset can help you modify standard reports or custom tailor new reports to help you streamline your business processes. Some of the unique reports and financial statements we can provide you with include AP transaction audit, cash flow variance, fade gain, net cash (integrated into WIP), ROI and ratios. We also provide a wide-range of Timberline consulting services, including data archiving and retrieval. Contact us to discuss these services.

Speaking Engagements. Ken Hedlund will present "Top Ten Services Contractors Need" on May 19 to BDO Seidman Alliance members. On May 20, Ken will present "Financial Power Tools for Contractors" to ABC Indiana members in Muncie. "Surviving the Economic Downturn" will be the topic of Ken's presentation to ISA members on May 27. Ken will then be traveling to Las Vegas on June 1 to participate in the BDO Seidman Alliance conference as an executive member of the Construction Industry Group.

Equipment Today Article. Ken Hedlund was recently interviewed for the article, "Three Options to Achieve Profits," that was published in Equipment Today magazine this month. Click here to read the full article.

Somerset Practical MBA Program. Our popular MBA program is scheduled through 2010. Steve Riddle will present the next session on May 20, 2009, and the topic will be "The Role of Management and Cost Behavior." Ken Hedlund will be presenting the MBA session on June 24, 2009, on the topic of "Key Performance Indicators." Click the image to the right see the full schedule and details. Please join us in person or via webinar.

 

Work-In-Process is provided by Somerset for our clients and other interested persons upon request. Since technical information is presented in generalized fashion, no final conclusion on these topics should be made without further review. For additional information on the issues discussed, please contact Ken Hedlund, Jay Feller, Steve George, Chris Mayfield or Rebecca Ogle of our Construction & A/E Team. This document is not intended or written to be used, and cannot be used, for the purpose of avoiding tax penalties that may be imposed on the taxpayer.

Somerset CPAs, P.C.
3925 River Crossing Parkway, Third Floor
Indianapolis, Indiana 46240
317.472.2200 • 800.469.7206 • FAX 317.208.1200
www.IndianaConstructionCPAs.com