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Construction

Special Expertise for Construction Companies

Given the nature of their business, commercial contractors have unique accounting needs. For decades, Mashburn CPA has been a construction accountant in Atlanta working with construction contractors — mechanical, civil, utility and electrical contractors; graders and excavators; painters; builders; and other associated professionals — providing the specialized knowledge they require.

For example, because of how and when they bill, construction contractors sometimes struggle to get a clear picture of their current financial position. Our monthly and quarterly close service matches expenses to income per job, providing up-to-date profit data and visibility into the overall gross profit of the company.

Similarly, as part of contractors’ financial statements, we prepare job schedules and review them with clients to ensure that they have an accurate picture of each project, revenue and profit earned. This keeps our commercial construction clients up to date on their company’s performance and allows them to manage jobs as they go, with no surprises.

Our specialized services for commercial construction contractors include:

  • Tax reporting analysis — cash basis, completed contract and percent complete
  • Financial statement preparation for lenders and bond underwriters
  • Monthly / quarterly close
  • Job costing systems
  • Burden rate determinations for indirect job costs
  • Industry-specific accounting software analysis
  • Job gross profit and gross profit fade trend analysis