Accounting Support for Contractors, WIP Schedules, and Bonding
Construction accounting has unique requirements that general-practice CPAs often miss: job costing, percentage-of-completion accounting, WIP schedules, retainage, change orders, bonding requirements, equipment deductions, payroll, and contractor licensing. We help contractors and construction companies connect those records to tax, audit, banking, bonding, and cash-flow decisions.
KAS CPA works with construction businesses that need contractor accounting, financial statement support, tax planning, and practical advisory from a virtual-first CPA practice serving clients nationwide / all 50 states where permitted.
Who We Serve
- General contractors
- Specialty trade contractors
- Construction managers
- Design-build firms
- Developers and builders
- Subcontractors and trades
Construction Accounting
- Job costing systems and reporting
- Percentage of completion accounting
- Work-in-progress schedules
- Completed contract method analysis
- Change order tracking and accounting
- Retention and billing management
Bonding and Banking Support
- Financial statements for bonding companies
- CPA-prepared WIP schedules
- Bank line of credit support
- Personal financial statements for guarantors
Construction Tax
- Long-term contract method elections
- Look-back interest calculations
- Research and development credits for construction
- State contractor registration and compliance