Construction

Expert Accounting for the Construction Industry

The construction industry presents unique challenges, from intense competition and rising labor costs to inherent seasonality. At Calvetti Ferguson, we understand these complexities and offer tailored solutions to help your business thrive.

We’ve proudly partnered with a diverse range of construction companies, including general contractors, specialty subcontractors, utility contractors, real estate developers, and service organizations. Our goal is to solve problems, maintain impeccable financial order, and consistently exceed expectations.

Are you tired of educating your CPA firm on industry-specific terminology and best practices? Our team knows the blueprint of the construction industry inside and out. We provide insightful solutions designed to give you a competitive advantage. Our commitment to staying current is demonstrated through our active involvement in leading local and national organizations such as the Construction Financial Management Association (CFMA), Construction Industry CPAs and Consultants (CICPAC), and Houston Contractors Association.

Services for Construction Companies

We offer a comprehensive suite of services designed to address the unique financial and operational needs of construction contractors:

  • Financial Statement Audits and Reviews: Providing assurance and transparency for stakeholders and fiduciaries.
  • Accounting for Revenue Recognition (ASC 606): Ensuring compliance with GAAP.
  • Business Valuations: Determining the true worth of your construction business for various purposes.
  • Cost Segregation Studies: Accelerating depreciation to maximize tax savings.
  • Due Diligence: Expert analysis for buying or selling construction businesses.
  • Internal Control Assessments: Strengthening your financial processes and mitigating risks.
  • Lease Accounting Standards (ASC 842): Navigating complex lease accounting requirements under GAAP.
  • Outsourced Accounting Services: Providing reliable and efficient financial management support.
  • Research & Development (R&D) Tax Credit Studies: Identifying opportunities for valuable tax credits.
  • Section 179D Tax Deduction: Maximizing deductions for energy-efficient commercial buildings.
  • Succession Planning: Strategizing for the future leadership of your company.
  • Tax Planning and Compliance: Minimizing tax liabilities and ensuring regulatory adherence.

Services:

Contact Our Team

We partner with companies, private equity firms, and family offices to provide bespoke solutions to address their complex accounting, tax, risk, and advisory needs. Complete the form below, and a team member will contact you within one business day to discuss your specific needs.

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