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Key Financial Ratios and Indicators for Engineers and Architects

by Dave Wahby, Principal, Wahby & Associates Your firm’s accounting software for architects and engineers will include two reports: An Income Statement (Profit and Loss Report) and a Balance Sheet. The income statement measures income relative to expenses for the period of time covered by that particular statement.

August 15, 2013

Young woman analyzing bills while writing in a diary

Article

Do you DPE and Overhead

By Andrew Sam, Axium Certified Consultant I recently completed an Online Training Session on the “How and Why of DPE and Overhead.” Adding the cost of Direct Personnel Expenses (DPE) and Overhead to project costs is not a new concept, but it is a rather important one.

March 17, 2013

Two Business Professionals Engaged in Strategic Discussion in Modern Corporate Office

Article

Performance-Based Incentive Compensation Plans for AE Industry

Part 1: Performance-Based Incentive Compensation Plans for the Architecture and Engineering Industries By Kenneth J. Hedlund, CPA NOTE: This article is the first in a two-part series related to the implementation of a performance compensation plan for Architectural and Engineering Firms.

January 31, 2013

Mechanical Contractor

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The Complete Guide to Managing Change Orders in Mechanical Construction

July 7, 2026

Article

Cybersecurity Awareness: Data Protection & Incident Response Strategies

For proactive cybersecurity, there is a wide variety of elements to consider, including risk management, phishing and malware, cloud computing, public-private partnerships, protecting critical infrastructure and supply chains, and the impact of emerging technologies. Learn what you need to do to safeguard your business in this blog series by cybersecurity expert Chuck Brooks.

June 19, 2026

Technician using a tablet at an electrical control panel

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The Complete Guide to Managing Change Orders in Electrical Construction

July 7, 2026

Construction team reviewing project information on a laptop

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The Complete Guide to Construction Job Costing for Mechanical Contractors

July 7, 2026

Electrical technician reviewing plans on a tablet at an electrical control panel

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The Complete Guide to Work in Progress (WIP) for Mechanical Contractors

July 7, 2026

Mechanical Contractor

Article

The Complete Guide to Construction Revenue Recognition for Mechanical Contractors

July 7, 2026