Construction Accounting Services

Specializing in construction accounting for more than 90 years and serving 1,000+ suppliers, and general and specialty contractors doing business domestically and abroad, Doeren Mayhew’s construction CPAs are dedicated accounting pros ready to help you build on your path to success. Named as one of the Top 15 Construction Accounting Firms ™ by Construction Executive, we know a thing or two about the construction industry.

Why Do You Need a Construction-Specific CPA?

Doeren Mayhew’s experienced construction CPAs help a cross-section of the nation’s mid-sized specialty companies and general contractors with fluctuation in labor and material costs, financial surety bonding adversity and depleting cash flow. Partnering with an experienced and credentialed construction accountant who keeps up with the industry, material price increases and new tax laws can help you to make educated financial decisions

From blueprint to build, our team can assist you with your tax plan and strategy. Drop us a line.

Construction Accounting Experience

Commercial construction
Residential construction
Road and heavy highway construction
Sub-contractor/specialty trades
Industry material/service providers

Financial and Tax Services

Construction audit, review and compilation services for reporting to lenders, investors and partners
Internal controls evaluation to determine separation of duties, process management and accessibility issues
Financial projections
Cash-flow management
Cost management, including indirect cost accounting for profit margin flexibility
Budgeting and forecasting
Tax planning strategies to identify refund and reduction opportunities
Research and development tax studies to explore savings for innovative design and process development
Cost segregation studies to depreciate facility costs and defer income tax
Choice-of-entity analysis
Cost certification audits

Business Advisory Services

Process improvement assessments to identify workflow weaknesses and recommend enhancements
Job costing accounting
Surety credit and bank financing assistance
Inventory management, including 263A allocations, to help reduce excess costs
Project tracking systems for work-in-process reporting
System restructuring to maximize efficiencies
Real estate project review and analysis
Claims and lien management assistance
Industry competitive benchmarking

Additional Services

Strategic planning on long-term goals, financial status, and bonding and financing term agreements
Risk management assistance
Litigation support
Succession planning
Business valuations

FAQs

What is a construction CPA?

What is the difference between construction accounting and regular accounting?

Construction accounting encompasses a greater range of industry-specific considerations than the basic accounting needs of traditional businesses. For example, a construction job requires consulting, engineering, materials, design, etc., all of which impact your bottom line. Construction CPAs consider the many direct and indirect costs of a job that would not otherwise be considered to help ensure your jobs and overall business is profitable.