Construction Accounting Services

Contractors, Engineers and Architects

Real world experience is the vital factor that distinguishes experts from mere practitioners in serving these specialized closely-related industry segments. From start-up advice for new ventures to succession planning for mature companies, we have a deep bench of advisors. We know that contractors, engineers and architects represent a unique commercial group, one that we’ve dedicated ourselves to understanding and supporting. Our practice with this client group is founded upon a deep level of appreciation: we develop close relationships with our clients’ principals and strive to put ourselves in their place so as to provide the best possible advice and service.

We take it as a given that we’ll help clients account for their projects and overhead so as to maximize cash flows and minimize tax. It’s the extra value that we seek. Besides “typical” services, we provide comprehensive short and long term planning and coordination for our clients. Our knowledge and involvement in your specialty area distinguishes our work from all the others. Our team includes a growing number of CPAs who have achieved the CCIFP designation (Certified Construction Industry Financial Professional). We host annual conferences targeted at your industry segments and many of our associates speak at related national events. Regardless of your company’s size or maturity, Brown Edwards’ focused knowledge of best practices in this industry group can help guide you through your financial and operational challenges. We invite you to read below and learn more about our practice offerings to contractors, engineers and architects.
2021 Top 50 Construction Accounting Firm
My bond with Brown Edwards’ personnel goes back to 1987, when I started my company .... They’re the first people I turn to for help. It’s that kind of a relationship.
Sumith Hapuarachy
President, SMH Construction Company, Inc

Brown Edwards Leads the Way in CCIFP Professionals

Our Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry

Construction has complex revenue recognition rules and job cost accounting methods. Many firms have construction clients, but they have not dedicated the resources necessary to make construction a major practice area. The firms with CCIFP public accounting certification for the construction industry have demonstrated commitment to the industry and proficiency in all areas of construction financial management.  With twelve CCIFP certified professionals, Brown Edwards is among the top ten firms in the country regarding CCIFPs on staff.

The Certified Construction Industry Financial Professional (CCIFP®) designation is the only accounting certification for construction financial professionals accredited by the American National Standards Institute (ANSI) under ISO 17024:2012.

Public accounting professionals with the CCIFP certification must have a minimum of 4,000 hours of professional experience in construction in addition to showing expertise in eight knowledge domains, and only three of the knowledge domains are accounting-related:

  • Accounting and reporting
  • Income recognition methods
  • Risk management
  • Budgeting and planning
  • Legal
  • Human resources
  • Taxes
  • Information technology
 

So when you hire a public accountant as a partner for your business, insist on a firm with CCIFP public accounting certification for the construction industry.

  • David Sheaffer Named CFMA Rising Star

    We are excited to celebrate David Sheaffer, a Director in our Lynchburg office, has been honored as a Rising Star by the Construction Financial Management Association (CFMA). This year marks the second class of CFMA Rising Stars, who are selected

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  • ASC Topic 842 And Its Impacts On Government Contracting

    Government contractors were breathing a collective sigh of relief when the Financial Accounting Standards Board (FASB) pushed back the deadline for private companies and nonprofits to comply with new lease accounting rules in April 2020. Accounting Standards Codification (ASC) Topic

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  • DOE Launches Building a Better Grid Initiative

    On January 12, the Department of Energy (DOE) launched a new program focused on U.S. electrical grid investments in support of a more sustainable energy economy. The Building a Better Grid initiative stems from the Biden Administration’s plans to transition

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Contact One of Our CCIFP Professionals

Billy R. Robinson, CPA, CCIFP

Partner, Practice Leader

Billy R. Robinson, CPA, CCIFP

Partner, Practice Leader

C. Scott Clarke, CPA, CMA, CCIFP, CCA

Partner

C. Scott Clarke, CPA, CMA, CCIFP, CCA

Partner

Carman A. Faison, CPA

Partner

Carman A. Faison, CPA

Partner

David W. Reardon, CPA

Partner

David W. Reardon, CPA

Partner

Mark W. Tuck, CPA

Partner

Mark W. Tuck, CPA

Partner

Matt Burchett, CPA, MBA, CCIFP

Partner

Matt Burchett, CPA, MBA, CCIFP

Partner

Timothy A. George, CPA, MST, CCIFP

Partner

Timothy A. George, CPA, MST, CCIFP

Partner

Ready to Discuss Your Business Needs?

Contact us to learn more about our services.