Construction / Real Estate Development
Professionals
Services
- Tax Services
— Tax Minimization Strategies
and Planning
— Tax Compliance
— Deferred Income Taxes
— Sales Tax Issues
— Long-term Contract Tax Rules
— Cost Segregation Analysis
— Overall Accounting Mmethods:
• Percentage of Completion
• Completed Contract
• Cash Accrual - Accounting Services
— Revenue and Cost Rrecognition
— Budgeting, Planning and
Forecasting
— Cash Flow Management
— Monthly Closing Assistance
— Audits, Reviews and
Compilations
- Other Services
— AIA Billing Software
— Construction Accounting
Software
Increasing profitability in an increasingly competitive and cost-sensitive economy is often a greater challenge in the construction industry than the most complex project. Solid financial and cost management is key to profitability and success. At KFMR, our knowledge of the specific issues and opportunities that surround the construction industry runs both broad and deep - resulting in unparalleled expertise and service.
Specialized Consulting
- Job cost systems and reports will help track the profitability of individual projects
- Evaluation of labor costs per hour to assist in preparing proper bids
- Benchmarking — Determine if your gross profit margins and general overhead costs are reasonable compared to other contractors with similar volume
- Maximization of bonding capacity
- Analysis and preparation of financial statements to strengthen relationships with bonding and surety agents
- Identification of bankers and lenders that may better suit your needs
- Break even analysis
- Debt and equity financing alternatives
- Preparation of certified payroll calculations
- Accounting for joint ventures