For many decades, Mauldin & Jenkins has provided accounting, audit, tax, and advisory services to a range of construction industry clients throughout the Southeast. These clients represent a broad range of construction categories including general building contractors (commercial and residential), heavy construction, remodeling, and several classes of specialty contractors, such as plumbing, heating, air conditioning, electrical, roofing, and sheet metal work.
General Contractors
Subcontractors
Specialty Contractors
EXPERTISE
Expert Approach
The construction industry not only has its own unique issues and risks but also requires specialized knowledge and application. Most construction companies are required to have audited or reviewed financial statements and therefore need a financial advisor with an expert understanding of the industry. Mauldin & Jenkins has the experience you need for a successful audit experience, and our approach addresses major identified risks that can occur with an audit, including:Â
- Dynamic and diverse laws in different states and countries
- Contract and tort liabilities
- Financing and capital availability
- Revenue recognition risksÂ
- Environmental issues
- Key employee retention
- Ownership and management succession issues
- Dependence on key customers
- Employee benefit costs
- Economic changes
- Licensing and regulatory approvals
In addition, construction clients require a wide array of financial services, including compilations, tax planning and preparation, internal control systems, budgeting, profitability consulting, information systems consulting, and succession planning. The dedicated and committed team at Mauldin & Jenkins is qualified to provide these specific construction-related services and more.
Services We Provide
Tax Planning & Preparation
We provide expert tax services tailored to the construction industry. With our expertise, you can maximize your tax savings and plan for the future, even amid ever-changing regulations.
Audit, reviews and compilations
It’s essential to have accurate financial reporting and data to provide to your stakeholders. Our construction-specific expertise ensures your financial reporting is accurate and provided in a timely manner.
Bonding and surety consultation
We’ll help you navigate the complex world of bonding requirements and work closely with you to mitigate risks.
Cost segregation
We can help you optimize your tax savings and improve your company’s overall cash flow by accelerating depreciation deductions for eligible assets
Construction software selection
We work closely with your team to help you make informed decisions when selecting construction software that meets your unique needs and objectives and ensure it complies with regulatory requirements and meets industry standards.
Financial Analysis & Expert Recommendations
- Cost certifications: Ensure that your project costs are accurately reported and comply with relevant guidelines and your contractual agreements.
- Equipment acquisition analysis: Evaluate the costs, benefits, and potential risks associated with acquiring new or additional equipment for use in your company’s construction projects, and make better informed decisions on your company’s equipment fleet.Â
- Analyzing contract estimates: We’ll work with you to assess the feasibility, profitability, and risks associated with a project, to help you mitigate risks and maximize profitability from each and every project.
Licensing and prequalification
We can provide analysis on the needed licenses and prequalification process to help you gain access to project opportunities and ensure you comply with regulatory requirements.
Bank consultations
We’ll work with you to provide the reporting, projections, modeling and other assistance you need.Â
Claim resolution
Rest assured you have all the information needed to resolve a claim. We’ll provide financial expertise, analysis, and strategic guidance to help you work towards a favorable outcome.
Contractor’s licenses
Many states require financial statements in specific formats unique to that state. We’ll help you put together the necessary statements and paperwork to ensure you’re in compliance.
A contributing factor to long-term success in the construction industry is the development of ongoing and trusted relationships with professionals. To facilitate this, our high-quality audit, comprehensive accounting and financial services allow our clients to focus on their construction projects and company’s success.
Going Further
An integrated service approach that considers your individual needs and the profitability of your business makes sense. As your business advisor and accountant, Mauldin & Jenkins’ services and expertise will allow you to focus on the evolving construction industry and achieving your financial goals.
