Construction Accounting
Understanding of the Percentage of Completion method
Baldwin Accounting has the knowledge and understanding to meet your construction accounting needs. Unlike some accounting firms, our staff fully understands the percentage of completion method, the construction industry’s project measuring standard. Our specialists can develop a system to precisely measure your balance left to complete so you’ll always be able to see the exact status of your projects, from start to finish.
Understanding the requirements of bonding agents
Because many larger construction companies require bonding insurance, especially those who fulfill government contracts, we can provide the necessary auditing and review process required for bonding. Let Baldwin Accounting establish your bonding from the start by having us audit and review your books after the construction project has been established, whichever makes more sense for you.
Maximizing profitability
Profitability naturally plays a huge role in the construction industry. Trust Baldwin Accounting to maximize your project dollars to insure your profit potential. We will track your equipment purchasing and financing as well as your allocation overhead, plus we’ll establish a purchase order system for your projects. We can even craft bonus structures to compensate managers and groups—all so you’ll know exactly where your money is allocated throughout the project.