Strong financial reporting is critical when pursuing bonding capacity and financing opportunities. We help prepare financial statements and reporting packages that align with the expectations of bonding agents, sureties, banks, and other financial institutions, helping you strengthen credibility and capitalize on growth opportunities.
Accounting, Tax, and Advisory Solutions Built for Construction and Trades
Building Strong Businesses Beyond the Jobsite
In the construction industry, success depends on more than completing projects on time and on budget. It requires accurate financial reporting, strategic planning, and the confidence of lenders, bonding companies, and stakeholders.
At TRP Sumner, our Construction Team provides specialized accounting, tax, assurance, and advisory services tailored to the unique needs of contractors and construction businesses. From complex job costing and revenue recognition to bonding support and financing preparation, we help you make informed decisions and position your business for long-term growth.
Construction businesses face unique accounting challenges. Our team provides guidance on:
• Job cost accounting and profitability analysis
• Work-in-progress (WIP) reporting
• Revenue recognition
• Cash flow management
• Project performance tracking
Proactive tax planning can help preserve cash flow and reduce unexpected liabilities. We work with contractors to navigate industry-specific tax considerations while maintaining compliance and identifying opportunities for tax efficiency.
• Federal, State, Local, and Multi-State Tax Compliance
• Tax Planning Strategies
• Accounting Method Reviews
• Entity Structure Consulting
• Cost Segregation Studies
Whether you’re planning for growth, evaluating equipment purchases, seeking financing, expanding operations, our advisors provide financial insight to help support informed business decisions and long-term success.
• Strategic Planning
• Profitability Improvement
• Ownership Transition Planning
• Exit strategies
• Risk Management
• Business Valuation Support
Support bonding, lending, and stakeholder requirements with reliable financial reporting.
• Audit, Reviews, and Compilations
• Agreed-Upon Procedures
• Internal Control Assessments
• Financial Statement Reporting
Who We Serve
Our Construction Team works with:
- General contractors
- Specialty contractors and subcontractors
- Commercial contractors
- Residential builders
- Design-build firms
- Heavy highway and infrastructure contractors
- Mechanical contractors
- HVAC and Plumbing contractors
- Roofing and concrete contractors
- Excavation and grading contractors
- Site development companies
- Specialty trade contractors
- Construction Management companies
Our professionals understand the operational and financial complexities that contractors face every day, helping clients navigate opportunities and challenges with confidence.
Build on a Strong Financial Foundation
Whether you’re a general contractor looking to expand your bonding capacity, a developer navigating financing, or a property owner planning for growth, our Construction & Real Estate Team is here to provide the expertise and insight you need to build a stronger financial foundation.
Let’s build a stronger financial future together.
Clint W. Stanley, CPA, CGMA
Partner
Matthew A. Smith, CPA, CGMA
Partner
Matthew Faircloth
Tax Supervisor
Matt Raynor, CPA
Tax Supervisor