Shaping success for over 20 years

Construction

The construction industry faces unique challenges due to its cyclical nature, competitive landscape, and complex financing arrangements.  For a construction company to be successful, it must be disciplined with its financial and operational planning, and then execute with precision.  Job costing, long-term contract analysis, backlog, and cash flow are critical items to evaluate for the business to be successful.  Regulations and risk analysis is an important part of the process.  Abercrombie & Associates construction practice group has helped contractors, real estate developers, builders and subcontractors navigate industry challenges and achieve their long-term objectives.

We have worked with a wide range of companies in the construction industry that have been responsible for the development of The Woodlands and Greater Houston area over the past few decades. Our team has provided services for homebuilders, general and commercial contractors, engineering companies, architecture firms, highway developers, and industry suppliers.

Areas of Expertise

  • Build-to-suit
  • Shopping centers
  • Mixed-use
  • Commercial
  • Industrial
  • Retail
  • Healthcare
  • Infrastructure
  • Residential
  • General contractors
  • Subcontractors
  • Construction Services

Construction Accounting Services

  • Preparation of audit, review or compiled financial statements
  • Preparation of company and ownership tax returns
  • Year-end company and ownership federal, state and local tax planning
  • Percentage of Completion method of accounting
  • Completed Contract method of accounting
  • Multi-state tax consulting and return preparation
  • Special industry tax regulations and credits
  • Assist with bonding and surety issues
  • Cash flow projections and analysis of internal control and reporting
  • Job costing systems and job profitability planning
  • Business succession and estate planning
  • Employee benefit plan audits
  • Cost segregation studies and related services
  • IRS examination assistance & representation
  • Construction Industry Consulting Services
  • Surety credit & bank financing assistance
  • Business acquisitions and sale
  • Forensic accounting
  • Fraud investigations
  • Litigation support/expert witness testimony