By: Renee Collins, CPA and Bryan Porter, CPA, MS
It is common practice for construction companies to obtain an annual audit of their financial statement for borrowing, bonding and governance purposes.
While the audit may seem like a routine accounting expense, it is important to understand how a quality CPA firm can help construction companies mitigate financial risks and provide significant value not just during the engagement, but throughout the year.
In the February issue of Construction Executive’s online newsletter, Risk Management, Renee Collins, a Manager in the firm’s Audit, Accounting and Consulting Department, and Bryan Porter, a Director in the same Department explore the often overlooked benefits of utilizing a CPA and trusted advisor beyond the audit and tax season.
To view the article, please visit Unlocking the Value of Audit and CPA Firms on Construction Executive’s website.
As a Manager in the Audit, Accounting and Consulting Department, Renee provides high quality audit, accounting, tax and advisory services to privately held businesses and not-for-profit organizations. Renee regularly performs audits, reviews and compilations of financial statements for organizations in the construction, manufacturing and not-for-profit industries, as well as employee benefit plans. Renee is a member Audit and Accounting Technical Standards Committee and mentoring program.
As a Director in the Audit, Accounting and Consulting Department of Ellin & Tucker, Bryan is a trusted advisor for a wide-range of private business owners, from well-respected, multi-generational, established family businesses to investor-backed, high growth start-up companies. As Chair of the firm’s Manufacturing Services Group, Bryan regularly performs audits, reviews and compilations of financial statements, as well as preparation of corporate tax returns for businesses in the construction, not-for-profit, professional service, real estate, technology and wholesale distribution industries.