UHY LLP is backed by decades of construction industry accounting and audit experience. UHY has professionals who work with commercial and road contractors, construction industry suppliers, residential contractors and sub-contractors.
We solve complex financial reporting issues, assess risk, analyze cost controls and more.
This multidisciplinary expertise goes to work for our clients through personalized UHY LLP service - the kind that earns trust, establishes sound working relationships, and creates a foundation for future growth.
The needs of construction companies are complex as a result of changing regulations, laws that vary by state, and the need for surety bonding. Our experts can help public and private companies negotiate these issues, and because of our standing in the industry, help anticipate major issues that might present financial impact.
Our audit and accounting partners are among the country’s foremost experts on financial reports and auditing issues for the construction industry. They are reviewers for the American Institute for Certified Public Accountants' Construction Accounting and Audit Guide and Audit Risk Alert; frequent speakers at the American Institute of Certified Public Accountants National Construction Industry Conference; and program committee members of the Certified Public Accountant National Construction Conference.
Some of our other services include:
Tax and Financial Services
- Contract Element Review to Maximize Tax Deferral
- Tax Accounting for Long-Term Construction Contracts
- Alternative Minimum Tax Planning
- Lookback Planning and Compliance
- Tax Deferral Strategies
- Home Construction Contracts
- Residential Construction Contracts
- Cost Allocations
- State, Federal, and Local Tax Planning
- Estate and Succession Planning
- IRS Examination Assistance
- Tax Preparation for Businesses and Owners
Business Consulting Services
- Claims Consulting
All construction contractors need to be aware of claims. They are an every day reality of the business environment in which they operate. The most successful contractors effectively manage the claims process. First, they prevent what otherwise might develop into a claim by effectively seeking change orders and revisions on a timely basis. But, when a situation results in a claim, they are prepared. They have the information and data gathered to defend the claim at its various stages.
We can provide work products and expert witness testimony for all dispute resolutions, mediation, arbitration and litigation.
- Surety Credit Assistance
A successful contracting business does not begin with the bidding process – it begins before that – with the bonding relationships. To be considered in the bidding process for nearly all major projects, proof of the ability to provide adequate bonding must be presented. For decades, UHY LLP, has been providing its clients with advice and insight to enable them to meet the needs and expectations of the sureties and their underwriters who are so essential to a successful relationship.
