The Financial Accounting Standards Board (FASB) recently issued the Exposure Draft, Revenue from Contracts with Customers. This Draft guides contractors' recognition of revenue. FASB may further update these guidelines, and an implementation timeline has not yet been identified. In the interim, CRI recommends contractors review these updates and develop an implementation plan with the help of a trusted construction advisor.



CRI is recognized throughout the Southeast as the most experienced construction accounting firm. Our comprehensive construction accounting services include audits, reviews, compilations for financial statements, and tax returns. We provide innovative strategies designed to maximize bonding capacity, plan tax savings, and enhance working capital.

Our team’s tax services include tax returns, tax planning, and multi-state taxation assistance while small business services include general ledgers, W-2 and 1099 preparation, and quarterly payroll filings. CRI construction industry consulting services include working capital/bonding enhancement, litigation support, business valuation services, IRS audit support, merger and acquisition assistance, multi-state contractor licensing, and fraud examinations.

CRI’s construction accounting professionals are dedicated to industry-specific continuing education, as evidenced by our membership in local and regional trade associations such as the Associated Builders & Contractors (ABC), Associated General Contractors (AGC), and the American Subcontractors Association (ASA). Many of our professionals fulfill national roles as industry speakers and teachers of related CPE courses.

Our team handles construction clients each day and knows exactly where to start to maximize your company's profitability.