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INSGITHS
The love hate relationship of goodwill
As far back as twenty years ago, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) changed the accounting of goodwill that still brings passionate debate to this day.
The dynamics of large projects demand a series of adjustments to the requirements of regulatory bodies and the environment in which it operates.
As one of the risk factors, claims are expected and, when dealt with properly, make a difference in the success of the project. From a proactive approach, it is possible to avoid the occurrence or resolve it in an agile manner to minimize its impact on costs and deadlines.
Our approach to solving lawsuits is broad and relies on a multi-disciplinary team of engineers, architects, lawyers, contract managers, construction managers, accountants and planning specialists, essential to analyze the cause and effect relationship of factors such as indirect costs, changes in scope, project acceleration, unproductivity, among others.