Construction Industry Accounting Services
Construction businesses face distinct financial challenges—from variable project costs and complex payroll to bonding requirements and cash flow timing. Riley & Company, CPAs brings decades of experience helping general contractors, subcontractors, construction managers, and residential developers manage these challenges with precision, compliance, and confidence.
Why Choose Us for Construction Accounting?
Cross-Disciplinary Collaboration
We work closely with attorneys, real estate advisors, and insurers to create comprehensive financial strategies that reduce risk and increase efficiency.
Trusted by Lenders & Bonding Agents
We prepare financial statements and supporting documentation trusted by banks, suppliers, and bonding companies to help you secure financing and bid competitively.
Comprehensive Advisory Support
From business valuations to succession planning, our advisory services are tailored for construction firms planning growth, mergers, or transitions.
Deep Industry Knowledge
With 25+ years of experience, we specialize in percentage-of-completion accounting, retainage, job costing, and contractor tax compliance.
Audit-Ready Systems
We help implement and monitor internal controls and financial systems designed to withstand audits and contractor disputes.
How We Support Construction Clients
Construction Audits & Dispute Resolution
We perform construction audits and assist in resolving contractor disputes with accurate financial insights and documentation.
Job Costing & Profitability Analysis
Our team helps you implement systems that track project-specific costs, monitor performance, and optimize margin across jobs.
Bonding & Financing Readiness
We prepare CPA-reviewed or audited financial statements that lenders and bonding agents rely on to assess your eligibility and creditworthiness.
Tax Planning for Contractors
From equipment depreciation to multi-state project tax planning, we ensure you're leveraging every tax-saving opportunity legally available.
Business Growth & Succession Planning
We advise construction firm owners on long-term financial planning, from strategic expansion to smooth leadership transitions.
Need help stabilizing your financial foundation? Let our team tailor a solution for your construction business.
Our Proven Process
Discovery & Industry Assessment
We start by understanding your business model, current projects, financial systems, and industry-specific compliance needs.
Customized Service Design
Based on your goals—growth, risk reduction, tax efficiency—we develop a tailored scope of services.
System Optimization & Support
We implement or refine your accounting systems, internal controls, and reporting tools to ensure clarity and compliance.
Ongoing Review & Strategic Guidance
Through regular check-ins, we provide financial insights and advisory support aligned with your evolving business needs.
Ready to Build a Stronger Financial Future?
Construction firms need more than basic bookkeeping—they need advisors who understand contract risk, project timing, and cash flow volatility. Riley & Company delivers reliable, industry-specific support that construction leaders trust.
FAQ
Frequently Asked Questions
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What makes construction accounting different from general accounting?
Construction accounting includes unique elements like job costing, retainage tracking, and percentage-of-completion revenue recognition. It also requires compliance with bonding and bid requirements.
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Do you help with contractor licensing and bonding documentation?
Yes, we provide CPA-reviewed or audited financials required by bonding agents, state boards, and lenders, along with assistance preparing contractor licensing paperwork.
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Can you support multi-state construction operations?
Absolutely. We offer multi-state payroll tax compliance, nexus determination, and strategic planning for firms working across jurisdictions.
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How do you help contractors improve profitability?
We implement job costing systems, perform variance analysis, and offer regular financial insights to help firms understand where profits are gained or lost.
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Do you work with subcontractors as well as general contractors?
Yes. We serve the full range of construction professionals—from sole-proprietor subcontractors to large general contracting firms and developers.