Construction

Let’s build a strong foundation for your construction business

Building a strong construction and contracting business can be complex — it requires the right tools to get the job done. When you partner with Rehmann, you elevate your capabilities with our experienced team of professionals who offer in-depth industry knowledge and resources. We are truly your one-source solution, providing a wide variety of construction CPA, tax, insurance, and consulting services to help you meet your daily and long-term objectives.

The Importance of Construction Accounting for Business Success

Construction accounting is a financial management approach tailored to the unique needs of the construction industry. It differs from standard accounting by addressing complex factors like job costing, project-based billing, and revenue recognition, while also ensuring that expenses are accurately tracked, industry regulations are complied with, and detailed reporting is available for every project. Crucial to maintaining profitability, optimizing cash flow, and providing transparency for stakeholders, effective construction accounting enables organizations to grow and thrive in a competitive market.

The services we offer span a wide range within the construction industry. From surety and bonding to equipment financing and lease accounting, we’re here to keep you moving forward. We provide the following services and beyond:

IT outsourcing and cybersecurity services
Human resources outsourcing
Employee benefits and administration
Corporate investigative and security services
Internal controls, including SOX 404
Internal audit
Retirement plan design and administration
Audits, review, and compilation of financial statements
Tax review, compliance, and planning
Construction contract methods and accounting
Wealth asset management and planning

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Construction Companies: Five Goals to Set for Successful Growth

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5 accounting questions contractors should ask when starting a new construction company

Construction business consulting tailored to your size and market

Our dedicated construction team works closely with contractors like you to adopt structures that can lead to more efficiency and more profitability. Whether your business is large or small, residential or commercial, our professional advisors tailor their construction business consulting to meet your specific needs and help you make informed business decisions.

At Rehmann, we work beyond expectation to build a solid partnership that benefits your organization and helps you thrive within your industry. We are committed to your objectives.

Rehmann was named to Construction Executive’s 2024 The Top 50 Construction Accounting Firms™ list for the fifth consecutive year. The firm ranked 32nd on the list, which surveyed over 700 construction accounting firms.

Construction Executive (CE) determined the top 50 construction accounting firms through an algorithm that weighted several factors. These included 2022 revenue from the firm’s construction practice, the number of CPAs in the firm’s construction practice, percentage of the firm’s total revenue derived from its construction practice, the number of states in which the firm is licensed to practice, year in which the construction practice was established, and the number of AEC clients served during the fiscal year.