Client-focused accounting services built to help you succeed
As your firm grows and changes, so does your need for customized support from attentive and experienced advisors dedicated to serving architecture and engineering firms.
Our diverse team of assurance, accounting, and tax professionals stays abreast of current challenges and trends to help you meet your specific, ever-changing needs. From developing and implementing retirement, succession, and tax planning strategies to minimizing risk, our team is here to help you build a stronger business. We empower architecture and engineering firms to:
- Minimize the impact of rising health care costs
- Address uneven cash flow, pricing pressures, and lowered margins
- Reduce tax liability
- Develop plans to stabilize stock value
- Maximize your overhead rate and related billings
- Assess potential growth opportunities
Our services include:
- Year-end reporting—financial statement audits and reviews your Board of Directors and stakeholders can trust
- FAR Part 31 audits—overhead rate reports that are accepted by state DOTs and help you maximize profit while remaining compliant
- Risk assessment and compliance—internal control reviews that help you assess the health of your control environment and identify risks of loss
- Tax planning—tax planning that goes beyond the basics to weigh operational needs and minimize your tax position by harnessing tax credits and considering state and local taxes before contract pricing is negotiated
- Benchmarking—financial analysis and metrics that help you understand how you compare to industry peers and guidance on key metrics to focus on for greater success
- Succession planning—business valuation expertise to help you develop a contemporary and equitable stock purchase agreement and a succession plan that allows for fair buy-outs and still attracts new owners
- Ownership structure—insights on establishing employee stock ownership, analyzing feasibility, assessing plan design, impacts on equity and results, and more
- Acquisition due diligence—comprehensive acquisition due diligence, assessment of quality of earnings, and tax exposure analysis
- Employee benefit plan compliance—plan review, including whether your plan is current and being administered compliantly, and annual employee benefit plan audits that withstand the scrutiny of the DOL
- Insurance—insights on the total costs of available medical insurance options and guidance on the best option for your firm
BerryDunn’s architecture and engineering team demonstrates its commitment to the industry through membership and involvement in ACEC, the ESOP Association and construction associations. Our service team also includes several Certified Construction Industry Financial Professionals (CCIFP) validating a deep understanding of all things contracting.
We appreciate that every building we walk into and bridge we drive over was designed with care and precision. We put that same care and precision into supporting your firm’s financial infrastructure. We serve architects, mechanical, electrical, and structural engineers, geotechnical engineers and environmental consultants, survey engineers, construction materials testers, and other professional services firms–from newly established practices to firms with offices nationwide.
To learn more, please contact our architecture and engineering team.