At Yuriy & Associates, we provide comprehensive accounting services tailored specifically for the construction industry. Our expertise in the unique financial and regulatory challenges construction companies face allows us to deliver precise and effective solutions that help your business thrive.
Our Services:
1. Job Costing & Project Accounting
- Accurate tracking of project costs
- Allocation of expenses to specific jobs
- Real-time reporting on project profitability
- Detailed analysis of labor, materials, and overhead
2. Budgeting & Financial Forecasting
- Preparation of detailed budgets for projects and the overall business
- Cash flow management to ensure project success
- Financial forecasting for better decision-making
- Variance analysis to identify and address potential financial issues
3. Payroll Management
- Comprehensive payroll processing for construction crews
- Certified payroll services for government contracts
- Payroll tax compliance and reporting
- Tracking of labor costs by job and classification
4. Tax Planning & Compliance
- Strategic tax planning to minimize liabilities
- Preparation and filing of federal, state, and local tax returns
- Compliance with industry-specific tax regulations, including 1099s
- Representation during tax audits and inquiries
5. Financial Statement Preparation
- Preparation of accurate and timely financial statements
- Balance sheets, income statements, and cash flow statements
- Custom financial reports tailored to your construction business
- Insightful analysis to improve financial performance
6. Construction Contract Consulting
- Review and analysis of construction contracts
- Guidance on contract terms to protect your financial interests
- Assistance with change orders and contract modifications
- Support in dispute resolution and claims management
7. Compliance & Regulatory Guidance
- Navigating construction industry regulations and standards
- Ensuring compliance with bonding, licensing, and insurance requirements
- Guidance on labor laws, including prevailing wage and Davis-Bacon Act compliance
- Assistance with OSHA and other safety-related financial reporting
8. Business Advisory & Consulting
- Strategic business planning and growth consulting
- Assistance with financing, loans, and bonding
- Mergers, acquisitions, and succession planning
- Risk management and insurance review
At Yuriy & Associates, we understand that the success of your construction business depends on precise financial management. Our team of experts is dedicated to helping you build a solid financial foundation so you can focus on what you do best—constructing the future.
Contact Us Today
Ready to take control of your construction company’s finances? Contact Yuriy & Associates for a consultation and discover how we can support your business.
