Services for the Construction Industry
Having worked with construction companies for many years, Burzenski & Company is proficient in resolving the many challenges and issues that face the industry. We understand the concerns that drive construction businesses and offer our clients solutions to increase profitability and decrease risks.
Our practice specialists assist construction companies to manage prevailing issues, such as:
- State and local government regulations;
- Tax rules, specifically applicable to construction companies;
- Rapidly-changing market conditions that effect contractors; and
- Identifying and properly communicating with the right bonding agent.
Financial Reporting
We take a hands-on approach and work closely with our clients’ management teams when preparing financial statements and cost records.
Accurately compiling and properly presenting financial statements is essential, especially when:
- Being used for bonding purposes;
- Meeting government regulations;
- Supporting your claims and change orders; or
- Receiving additional financing or re-financing.
Assistance with Bonding & Surety
Our experienced team assists our construction clients in identifying and selecting bonding agents and surety firms that best meet their needs. We also help our clients prepare successful financial and operational presentations, as required by sureties.
Tax Services - Compliance, Planning & Preparation
We offer a full range of tax compliance, planning, and preparation services for the construction industry including:
- Cash vs. Accrual tax method;
- Percentage of completion vs. completed contract method;
- Cost segregation studies; and
- Look-back requirements.
Management Advisory Services
We assist construction companies in developing and implementing long-term plans and goals that ensure profitability and sustained growth. Our advisory services include:
- Conducting operational reviews;
- Identifying new business opportunities;
- Business continuity planning;
- Developing executive compensation & fringe benefit packages; and
- Assisting in the selection of managerial staff.
Management Information Systems
We know that it is critical for contractors to utilize integrated information systems for many tasks, such as:
- Job estimating;
- Project management and scheduling;
- Job costing;
- Accounts receivable and payable;
- Payroll; and
- Inventory control.
Our highly trained technical staff assesses contractors’ technological needs and recommends systems for enhanced productivity and accuracy. We also assist with installation and training. Furthermore, to ensure the continued effectiveness of these systems, our professionals are available to provide support and solve problems, as they arise.