Construction

Building a Strong Foundation for Construction

The basis of every successful construction project is a solid financial foundation. We know, because over the past two decades we've serviced every facet of the construction industry - from owners to architects to contractors to project managers to materials suppliers.

Long before you move your first shovel of dirt, we will get you on a solid footing by creating job-cost systems and installing essential internal controls. Once construction is under way, we become the financial managers and continue to think ahead, providing fiscal guidance that will make it possible for you to preserve capital for future expansion.

Our tax experts will evaluate the various options for reporting taxable income from long-term contracts on the cash, accrual, percentage-of-completion, or completed-contract method. They will lead you through the maze of reporting income on long-term contracts. At the same time, they will assist you on the complex sales tax issues facing the construction industry.

We specialize in many other services critical to the construction process, including bonding company liaison and consultation, cost certifications, consulting on Federal Acquisition Regulations (FAR), and working with financial institutions that are helping you finance the project. In addition to providing support and leadership to the Construction Financial Management Association (CFMA) and the Empire State Chapter of Associated Builders and Contractors, we are involved in the Syracuse Builder's Exchange (SBE) and other construction organizations. We are the Central New York State member of the Construction Industry CPAs/Consultants Association (CICPAC), providing consulting services to the industry across the country. We are also leaders of construction accounting serving as Chairman of the New York State Society of Certified Public Accountants Construction Contractors Committee. The result? More timely project completion and many satisfied clients.