Construction accounting is more complicated than the accounting for most typical businesses, with job costing and estimating, as well as revenue and cost recognition methods unique to the industry. With our CCIFP certifications (Certified Construction Industry Financial Professional), we can help determine the best and most efficient ways to – ahem, build your business. Pun very much intended.
The construction industry is unique with its complex revenue recognition rules and job cost accounting methods. You want to be sure you have an experienced team of professionals to assist you with the specific needs and requirements when operating a construction business. Our team can also coordinate projects with your bank, attorney, software vendors, and bonding agent.
List of Services
Best practices – accounting software
Accounting software training
Accounting software conversions
Monitor bonding capacity ratios
HR recruiting and Tech support
Accounting and revenue recognition best practices
Financial benchmarking and key performance indicators
Preparation of Job / WIP schedules and financial reports
Review Financial Statements for Bonding Companies with industry specific footnotes and schedules
Tax and Accounting Support – Utilize the most optimal construction industry related tax laws
Members of the CFMA -Construction Financial Management Association
Lee BIA – Building Industry Association
CCCIA – Cape Coral Construction Industry Association
CBIA – Collier Building Industry Association
Credentials & Certifications
CCIFP certifications (Certified Construction Industry Financial Professional)
Markham Norton Mosteller Wright & Co., P.A. (MNMW) is a member of PrimeGlobal, a worldwide association of independent accounting firms. PrimeGlobal does not and cannot offer any professional services to clients. Each independent member of PrimeGlobal is a separate firm and an independent legal entity. PrimeGlobal is not a partnership and independent member firms are not acting as agents of PrimeGlobal or other independent member firms.