Construction

Construction2018-12-04T20:38:32+00:00

CRI offers a comprehensive suite of services to help your construction company succeed.

The construction industry is characterized by swings in profit margins, available work, cash flows, and labor availability – all of which can have a substantial impact on your company’s profits. Additionally, as industry regulations increase and become more stringent, the cost of compliance will likely continue to grow. Our CPAs and advisors provide a broad range of accounting, auditing, and tax services to contractors and sub-contractors of all sizes. We advise clients regarding strategies to maximize their bonding capacity, plan tax savings, and enhance working capital. Plus, our spectrum of specialty services encompasses employee benefit plan auditing, IT consulting, risk assessments, and many others. Offering this comprehensive suite of services allows you to engage construction CPAs that understand your specific company while also enabling us to help your business succeed.

In addition to our in-depth expertise derived from serving thousands of construction clients, our professionals are members of various industry organizations that help ensure we are up-to-date on timely topics. Our memberships include the Associated Builders and Contractors (ABC)American Subcontractors Association (ASA), Construction Financial Management Association (CFMA), and National Association of Home Builders (NAHB). This construction industry “know-how” combined with our robust service offerings helps keep your bottom line aligned with your business goals.

3 Contractor Year End Strategies

To Lease or Purchase Equipment…That is the Contractor Question

Construction Fraud Blueprint

Featured Articles

More Construction Articles
Randy Dew, Chief Financial Officer, Ivey Mechanical Company, LLC
“Beyond the fact that CRI provides accurate and responsive accounting information from audit to tax, CRI’s team of professionals has an in-depth understanding of our multi-state commercial mechanical contractor business. After 10+ years of working together CRI still continues to bring value in many areas of business including an ownership transition. CRI was able to assist our company in understanding the available alternatives, and choosing the path best suited to meet our long-term objectives. We consider CRI one of our businesses’ most valuable resources for both consulting and basic accounting needs.”

Solutions Simplified

Down-to-earth descriptions of our services.
Accounting & Auditing Services

Advisory Services

Services Also Available for Construction

Construction Working Capital/Bonding Enhancement

As construction companies mature, they often target larger projects and new types of construction. Plus, they may also move into new geographic areas. A result of these changes often leads to the surety companies requiring more working capital than in the past. CRI helps our clients plan for these changes by encouraging them to operate their businesses in a way to maximize working capital, which most often is the basis for bonding capacity.

Construction Contractor Licensing (Multi-State)

Before construction contractors pursue opportunities in other states, the first thing they need to do is get a license in that state. As with taxation, each state board has its own requirements for this license – which often entails financial statements showing different milestones in net worth and different levels of attestation from a CPA (e.g., an audit, not a review). When our clients notify us of their plans, we evaluate their current position and help them attain licensing in the most cost effective manner.

Business Support & Transactions Services

Employee Benefit Plan Services

Governance, Risk & Assurance Services

IT Audits & Assurance Services

Tax Services