Experience matters in construction accounting. From financial planning and bonding to job costing and satisfying bank requirements, construction companies must manage operations in a way that protects cash flow and addresses ongoing needs.
Whether you are a small specialty contractor or a large heavy industrial construction business, Brown Edwards’ extensive knowledge of best practices can guide you through these financial challenges. Learn more about our construction accounting practice.
Brown Edwards provides comprehensive planning and coordination for your construction business. Our expertise and involvement in the industry distinguish our work. The team includes several Certified Public Accountants who have also achieved a designation in CCIFP (Certified Construction Industry Financial Professional). We host annual conferences in different industry areas, and many of our associates present at national events on financial management.
Like our work in other industries, our construction accounting practice is founded upon client support. We develop close relationships with businesses, provide constant communication, and offer exceptional service.
Construction Accounting Services for Your Business
- Benchmarking and industry comparison analysis
- Computer technology and software selection
- Job costing and indirect cost allocation systems
- Contractor tax planning
- Bonding and surety evaluation
- Litigation claims support
- Contractor licensing and pre-qualification
- Employee benefit planning
- Business valuations
- Succession planning
- Mergers and acquisitions
Specialized Consulting Programs
- Bidding and pricing strategies
- Incentive based compensation
- Performance and operational reviews
- Cash flow and budgeting for contractors
Learn more about how we can support your construction businessContact One of Our Team Members
124 Newman Ave • Harrisonburg, VA, 22801-4004
Billy is a Partner based in the Harrisonburg office of Brown Edwards and focuses his area of practice on construction and real estate related companies, family owned businesses, and governmental agencies.
Billy is one of seven CCIFP’s in the firm’s construction practice. Public accounting professionals with the CCIFP designation must have a minimum 4,000 hours professional experience in construction in addition to showing expertise in eight knowledge domains, and of which only two of the knowledge domains are accounting related. Brown Edwards is ranked in the Top 10 in the Country in terms of the number of CCIFP’s on staff and has more CCIFP’s than any other firm in the Mid-Atlantic region. Details here: http://www.iccifp.org/public-accounting
Billy has twice been named a “Super CPA” by Virginia Business magazine and has been named one of the “Top 10 Business People – Under 40” by the Shenandoah Valley Business Journal.
Billy graduated from the University of Virginia’s College at Wise with a Bachelor of Science in Accounting and a Minor in Criminal Justice.
He is a member of the American Institute of Certified Public Accountants, the Virginia Society of Certified Public Accountants, the Construction Financial Management Association, the Virginia Transportation Construction Alliance, the Shenandoah Valley Builder’s Association, and the Associated General Contractors of Virginia.
Billy volunteers his time with the following organizations:
- Harrisonburg Rotary Club, where he is President-Elect for 2016-2017 serves on the Strawberry Festival Committee and the Board of Directors. He previously served on the Scholarship Committee.
- The Community Foundation of Harrisonburg and Rockingham County, where he serves on the Board of Directors, Audit Committee and IMPACT Harrisonburg Committee.
- Harrisonburg Downtown Renaissance, where he previously served as Treasurer, a member of the Executive Committee and the Board of Directors. He now serves as a member of the HDR Advisory Board.
- RMH Foundation, where he serves on the Board of Directors and the Planned Giving Committee
2 Players Club Dr, Ste 100 • Charleston, WV 25311-1640
As an audit partner in the Charleston office of Brown Edwards, Matt supervises the preparation of for-profit client financial statements and provides consulting in the area of information systems and general business matters as well as business valuation services and fraud investigation as they relate to the construction industry. In addition to his accounting expertise, Matt has experience as a cost analyst and as an industrial engineer and has worked with civil engineering firms in design and drafting.
Matt holds a Regents Bachelor of Arts with a post-graduate certificate in accounting from West Virginia State College, earned his Master of Business Administration degree from West Virginia Graduate College (Marshall University), and is also a Certified Valuation Analyst and a Diplomate of the American Board of Forensic Accounting. Matt is a member of the American Institute of CPAs, the American College of Forensic Examiners, the National Association of Certified Valuation Analysts, the Center of Economic and Industry Research, the West Virginia Society of CPAs, and is an associate member of the Contractors Association of West Virginia.
319 McClanahan St SW • Roanoke, VA, 24014-7705
Scott is a partner in the Roanoke office of Brown Edwards. He has extensive experience in providing audit, review and compilation services to a wide variety of clientele as well as reviewing and preparing federal and state income tax returns for corporations, partnerships, individuals, not-for-profits and employee benefit plans. His clientele include contractors, retailers, manufacturers, wholesalers, professionals, developers, water companies and not-for profit organizations.
Scott received his B.S. degree in Accounting from Virginia Tech in 1985. He is past president of the Roanoke Area Chapter of the Virginia Society of Certified Public Accountants and a past vice-president of the Southwest Virginia Chapter, Institute of Management Accountants. Scott is active in charitable organizations throughout the Roanoke Valley. He recently served as treasurer for Rebuilding Together, Roanoke; EventZone and Roanoke Festival in the Park.
2 Players Club Dr, Ste 100 • Charleston, WV 25311-1640
Tim George is a director in the Charleston office of Brown Edwards. He has extensive experience dealing with the financial and business issues of privately held companies and employee benefit plans. He has worked closely with various sizes of businesses particularly in the construction and engineering and design industries.
Tim received his B.S. degree in Accounting at West Virginia Institute of Technology and later attended the University of Akron where he received his M.S. in taxation.
Tim began his career in public accounting in 1994 with Humpal, Jones & Co., a local accounting firm out of Medina, OH while attending the University of Akron. Upon graduation from the University of Akron in 1996, he accepted a position with Chambers, Paterno & Associates, A.C. and has continued his career in public accounting with the firm up through its merger with Brown, Edwards & Company, LLP.
Tim is a member of the American Institute of Certified Public Accountants, West Virginia Society of Certified Public Accountants. Tim is also a member of the Board of Directors for the West Virginia Music Hall of Fame and participates in CAWV Young Contractors Committee functions.
2102 Langhorne Road, Ste 200 • Lynchburg, VA, 24501-1121
Russell Hicks is a director in the Lynchburg office of Brown Edwards. He has twenty-six years of experience in public accounting. Russell works in a variety of areas, particularly in the areas of corporate and individual tax, estate and gift subjects, not-for-profit organizations and construction tax and accounting.
Russell graduated from the College of William and Mary in 1982 with a Bachelors of Business Administration. He is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.
Russell has been active in many community activities in Lynchburg, Bedford, and Altavista. He is active in both community and personal projects relating to historical preservation and rehabilitation tax credits, and he frequently lectures on topics relating to Virginia historical antiques and artifacts. He was a founding member of the Historic Sandusky Foundation, Inc. He currently serves as the treasurer of Lynchburg’s Old City Cemetery and as a member of boards of directors of the Campbell County Public Library and the Campbell County Public Library Foundation, Inc.
513 State St • Bristol, VA, 24201
Virginia is an audit director based in the Bristol State St office. She provides audit and assurance services to a variety of for profit and non-profit entities. Virginia focuses much of her time on business valuations specifically for the purpose of gift and estate tax.
Virginia graduated from Emory & Henry College in 2004 with a B.S. in Business Management with an Accounting emphasis. She is a member of the Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants and the National Association of Certified Valuation Analysts.
What Clients SayAbout Our Accounting Services for Construction
"I would like to thank you and your team at Brown Edwards and Company for providing exceptional service to Jamison Electric since 1984. Your personal commitment to our trade continuously exceeds our expectations. You have become a trusted resource for our company. Thank you for the extraordinary service that you provided this year when our company was audited for the first time in forty years of business. Upon learning that we were a client of Brown Edwards, the auditor congratulated us in choosing such an upstanding accounting firm and recognized Brown Edwards as a firm that “always provided accurate information."
Marshall Jamison - Owner/Vice President Jamison Electric Company, Inc.
"In 2009, Broadway Electric, Inc. (BEI), a family owned business, began a relationship with Brown Edwards & Company LLP, (BE) as our company’s certified public accounting firm. The dedication and support from Brown Edwards to our companies and family, has developed a trusting business relationship and friendships, as well."
Shawn Ray - President, Broadway Electric Inc., Broadway, VA
"We switched to Brown Edwards four years ago and have been completely pleased with our relationship and their service. They immediately saved us several thousand dollars, they work with us hand-in-glove on year-end planning, and working with their partners and staff is a pleasure."
Lois Gillenwater - CFO Pray Construction Company
"Brown Edwards helped us to retain three times more bonding capacity as well as bank loans and lines of credit in this economic cycle. We cannot emphasize the gratitude and admiration for such services rendered. Brown Edwards is a true partner in our plans to expand our business to the next level."
George Avgeros - First Class Contracting
"For over twenty years, I have trusted the CPA advice and service of the accountants at Brown Edwards. During the decade that I was the CEO of my companies, and grew from 60 employees to close to 300 employees, the challenge of doing business and filing state tax returns in over twenty states was simplified and streamlined by Brown Edwards. Matt Burchett has handled the preparation of our audited financial statements during this entire period, and has kept the senior managers of my companies up to speed on the latest rule changes that affect our business. I consider Matt and the CPAs at Brown Edwards to not only be essential advisors to my group of companies, but also to be faithful friends."
Fred D. Clark - Corporate Secretary and General Counsel IVS Group, Inc.
"We’ve trusted the people at Brown Edwards for many years to help us through some tough times and business decisions. They’re always ready and able to help, and make us feel that no one else is more important than we are. And just recently, in a matter of hours, they helped us identify an error made by the Division of Highways that would have cost us several million dollars in prequalification capacity."
Kelley Thaxton - Vice President and Treasurer Thaxton Construction Co., Inc.
"My bond with Brown Edwards personnel goes back to 1987 when I started my company. I always feel free to call the partners and ask for help when business problems come up. I know they’ll take my call immediately and help me figure out the right course of action, taking my best interest to heart. They’re the first people I turn to for help. It’s that kind of a relationship."
Sumith Hapuarachy - President SMH Construction Company, Inc.
"We’ve built our business and gone through a successful ownership transition with critical help from Brown Edwards people; our relationship goes back 30 years. I know that my partner contacts at Brown Edwards will jump when we call and get things done for us. And they’re fun to talk to."
Ted Brady - President Progressive Electric, Inc.
"The folks at Brown Edwards have been with us through thick and thin and back. They’ve been solid advisors since we started up in 1997; always approachable and responsive. We consider them to be trusted business colleagues and good friends."
Thomas H. Reece - President RC General Contractors, Inc.
"Lynchburg Steel & Specialty Company has enjoyed a professional relationship with Brown Edwards for over 20 years. They have seen the best and the worse that a our economy can do to a legacy regional steel fabricator and erector like LSS. We must retain a team with the necessary depth and commitment to the ever changing construction industry. Brown Edwards has this depth, with more than a few CPAs who carry the CCIFP designation as well as experience in the tax and compliance arenas required by LSS. Brown Edwards knows our business, from the awarding of our next contract to our succession planning and distribution of profits to our shareholders."
Sonny Walker Morris, CPA - Chief Financial Officer Lynchburg Steel & Specialty Company
" When we partnered with Brown, Edwards & Company, LLP in 2011, it quickly became evident that it was one of the best decisions we made as a family-owned business. They provide high quality work and answer questions or concerns in a clear, precise and timely manner. Brown Edwards provides support and advice with tax planning strategies that offer the potential for continued growth and profitability in our industry. It was with their expert guidance that we were able to make a business acquisition in 2013. They exemplify what an outstanding accounting firm can do.
We look forward to continuing our relationship as they are, without question, one of our best assets. We highly recommend Brown, Edwards as an accounting firm to be trusted to deliver above and beyond expectation."