Accounting for Architects + Engineers

The hands of an accountant with a pencil pointing at details on an architecture and engineering firm’s blueprint.

Supporting architecture and engineering firms

Architects and engineers play an integral role in the success of the built environment and in infrastructure. Through careful planning and financial management, we offer accounting for architects and engineers to help our clients manage their resources, maintain compliance, minimize taxes, and prepare to accomplish their business goals.

Solid support and sound infrastructure.

We employ more than 45 professionals who specialize in the built industry – a fact our clients value as we provide compliance and consulting services. With our built industry knowledge and financial expertise, we are uniquely qualified to help with your architecture and engineering accounting needs.

We help firms ranging in size from those with multiple offices across the country to the local, one-person consultant. No matter your size, we provide a committed service team who will listen to your needs, deliver innovative solutions to your issues, make promises that we will keep, and exceed your expectations.

In addition to traditional tax compliance and financial statement services, Aldrich offers expertise in these key areas when offering accounting for architects and engineers:

Industry benchmarking and financial analysis

What should my realization or utilization rate be? Am I spending too much money on overhead? Our team of experts can help you answer these questions and more.

Overhead rate (FAR 31) audits and compliance

If you are doing work for the government, you need an overhead rate. We can audit your overhead rate to help you comply with government requirements. We also provide advice to help firms maintain compliance and also provide financial statement reviews, compilations, examinations, and agreed-upon procedures relative to a firm’s indirect cost role.

Transition planning

Developing a succession plan is a process, not an event, and needs a strategic approach. Our team of transition professionals will take the time to evaluate your best course of action.

  • Compensation and bonus analysis
  • Operational/internal control reviews
  • Retirement plans, including ESOP and 401(k) plans
  • Employee benefits, including health/life/disability

Engineering and architecture accounting services

  • Tax compliance and financial statement services
  • Overhead rate (FAR 31) audits and compliance
  • Transition planning and ownership succession
  • Implementation of 179D and tax credits
  • Retirement plan analysis – SEP, ESOP and 401(k)
  • Wealth management
  • Ratio, trend, and value benchmarking
  • Business systems and internal controls review
  • Accounting + business system support
  • AASHTO compliance training + support
  • Technology + security systems
  • Performance-driven compensation plan development and bonus analysis
Recent Insights

Primes and Subs: CISA Needs You (to Act)!

team of architects and engineers look at blueprints on a wooden table
Billing and Timekeeping: Guidance and Principles
A hand with a pencil sketching a blueprint for a government contract that must meet FAR compliance.
Proper Use of FAR Overhead Rates Maximizes Cost Recovery on Government Contracts
image of an architect at her computer with floorplans
When Total Time Accounting and Unallowable Activities Collide–Federal Circuit Court Reverses ASBCA Ruling
Meet Our Professionals
Partner

Diana Strassmaier, CPA, CCIFP®

Aldrich CPAs + Advisors LLP

Diana joined the firm in 2018 with almost two decades of experience serving members of various industries including construction, engineering and architecture, manufacturing and distribution, and government contracting. An expert on conducting overhead audits, Diana works closely with government contracting industry clients to offer clarity on how overhead rates work and help them maximize compensation…. Read more Diana Strassmaier, CPA, CCIFP®

Diana's Expertise
  • Indirect cost rate (overhead) audits and consulting
  • Financial audits, reviews and compilations
  • Business and personal tax planning and preparation
  • Certified QuickBooks ProAdvisor
  • Management consulting
  • Compensation analysis
  • Sage Fixed Assets Certified Consultant
Connect with Diana
Diana Strassmaier's headshot in black and white in office space.
An image of a wavy white-tiled building on an overcast day.

Architects + Engineers Newsletter

Looking for support or have a question?

Contact us to speak with one of our advisors.

"*" indicates required fields