Are you ready for the new revenue recognition standard?
After nine years in the making, the required implementation of Accounting Standards Codification ASC 606 – Revenue from Contracts with Customers – is right around the corner and becomes mandatory for annual reporting periods beginning after December 15, 2018.
What We Do
Reliable finance and accounting built on experience
Serving the contractors and the built environment for 20 years.
Our construction financial services group serves more than 200 general contractors, subcontractors and developers, ranging from small proprietorships to large, multi-state contractors with annual revenues between $25 million and $200 million.
Services for the construction industry
- Timely financial reporting for your company bonding needs
- Audit, review, and compilation of financial statements
- Federal and state tax planning, including multi-state tax compliance
- Strategic business planning and consulting services
- Job costing and accounting systems
- Succession and transition planning
- Cash flow analysis
- Overhead rate analysis
Balance Sheet Metrics
A Healthy Balance Sheet is Good for Business
There are four key metrics in your construction company balance sheet that communicate financial stability to financial institutions and surety companies.
Meet Our Professionals
Patrick McKearin, CPA
Aldrich CPAs + Advisors LLP
Patrick McKearin specializes in the construction industry and provides strategic tax planning and compliance to the businesses and their owners. Prior to joining the firm, he spent two years as an assurance associate at a “Big Four” firm. Patrick graduated from the University of Illinois at Urbana-Champaign’s College of Business with a Bachelor of Science…
- Strategic tax planning and compliance
- Private closely-held businesses
- Certified Public Accountant
Challenge: visit each before June 1? t.co/Be1j3g9D7S
Even seasoned practitioners make mistakes that reduce revenue and bottom line profits, but here are some easy tips… t.co/QK43xkKfTq
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Have a question?
Contact us to speak with one of our advisors.