Comprehensive financial statement audit, review and compilation for your organization.
Municipal construction operates under regulatory complexity that standard contractors never face. Federal prevailing wage requirements, Single Audit compliance, DBE participation mandates, and specialized revenue recognition create audit challenges that determine your eligibility for future public projects.
Secure your competitive advantage with specialized audit services designed for the unique demands of government contracting.
Most construction companies approach government work like private projects - until compliance failures cost them their municipal contracting future. What separates contractors who thrive in public work from those who get disqualified? Specialized audit expertise that transforms regulatory requirements into competitive advantages.
Our comprehensive approach to municipal construction auditing addresses every compliance area that determines your continued eligibility for government contracts while strengthening your bonding capacity and operational credibility.
Navigate federal, state, and local contracting requirements through systematic compliance verification and specialized audit procedures. Our comprehensive understanding of government contracting regulations ensures your audit addresses every requirement that determines continued eligibility for public projects.
Strengthen your surety relationships and expand bonding capacity through audited financial statements that demonstrate operational excellence and regulatory compliance. Our specialized approach to construction finance builds the credibility that surety companies demand for larger municipal projects.
Optimize cash flow and financial reporting through expert application of percentage-of-completion accounting, change order management, and retention accounting procedures. Our construction industry expertise ensures accurate financial reporting that supports business growth and stakeholder confidence.
Municipal contractors require audits that integrate construction accounting expertise with government compliance verification. Our systematic approach addresses the complex financial reporting challenges of percentage-of-completion accounting while ensuring complete compliance with federal and state contracting requirements.
Percentage-of-Completion Revenue Recognition
Expert application of construction accounting standards including cost-to-cost method verification and contract profitability analysis.
Work-in-Progress Schedule Validation
Comprehensive testing of project cost accumulation, contract estimates, and completion percentage calculations.
Bonding and Insurance Compliance
Independent verification of surety requirements, insurance coverage adequacy, and risk management procedures.
Construction companies receiving federal funding through municipal contracts must comply with Single Audit requirements and federal grant management standards. Our specialized federal compliance auditing ensures complete adherence to Uniform Guidance requirements while maintaining eligibility for future federal funding opportunities.
Uniform Guidance Compliance
Systematic testing of federal award management procedures, allowable cost determinations, and procurement requirement adherence.
Davis-Bacon Act Compliance
Comprehensive verification of prevailing wage requirements, certified payroll procedures, and contractor/subcontractor compliance monitoring.
DBE/MBE Participation Verification
Independent testing of Disadvantaged Business Enterprise participation requirements and good faith effort documentation.
Federal Reporting Requirements
Analysis of Federal Funding Accountability and Transparency Act compliance and federal award reporting obligations.
Cost Allowability Testing
Detailed review of direct and indirect cost allocations, equipment usage rates, and administrative cost compliance.
Municipal construction demands operational systems that support complex project management, regulatory compliance, and stakeholder accountability.
Our comprehensive operational auditing identifies improvement opportunities while ensuring internal control effectiveness across all business functions.
Project Cost Control Systems
Independent evaluation of job costing procedures, budget management controls, and project profitability monitoring.
Subcontractor Management Compliance
Systematic review of subcontractor pre-qualification, payment procedures, and performance monitoring systems.
Equipment and Asset Management
Comprehensive testing of equipment utilization tracking, depreciation policies, and asset maintenance procedures.
Safety and Quality Assurance
Analysis of safety program effectiveness, quality control procedures, and regulatory compliance monitoring.
Technology and Documentation Systems
Review of project management software integration, document control procedures, and electronic record maintenance.
The municipal construction industry eliminates contractors who cannot demonstrate compliance excellence and operational sophistication. Government agencies increasingly require audited financial statements, federal compliance verification, and bonding capacity that many contractors cannot provide. Without specialized audit expertise, construction companies face project disqualification, bonding limitations, and competitive disadvantages that prevent growth in the lucrative government contracting market.
Our proven track record in municipal construction auditing provides the compliance foundation, financial credibility, and operational confidence that sustains competitive advantage in government contracting.
Our specialized knowledge of municipal procurement processes, bonding requirements, and regulatory frameworks provides the competitive foundation that secures larger contracts and expands market opportunities.
Our comprehensive approach to construction auditing creates the credibility foundation that supports bonding capacity expansion and stakeholder confidence.
Our construction industry expertise identifies efficiency opportunities while ensuring regulatory compliance that positions your company for sustained growth in municipal contracting.
Expand bonding capacity. Win larger government contracts. Demonstrate operational excellence. Choose specialized construction audit expertise that transforms regulatory compliance into competitive dominance.
1. Construction Industry Analysis: Comprehensive assessment of project management systems, government compliance status, and bonding capacity optimization opportunities.
2. Municipal Audit Strategy: Customized audit approach addressing federal compliance requirements, construction accounting complexities, and stakeholder credibility enhancement.
3. Operational Excellence Verification: Systematic testing of project controls, cost management systems, and regulatory compliance procedures.
4. Competitive Positioning Enhancement: Complete audit deliverables that demonstrate operational sophistication and support expanded municipal contracting opportunities.
Our dedicated team is ready to assist you on your path to financial success.
211 E 43rd St Suite 7-100
New York, NY 10017
United States
401 NW 31ST AVE
MIAMI FL 33125-4228
United States
A financial statement audit involves an independent examination of a company's financial records to ensure accuracy and compliance with accounting standards.
Audits are essential for compliance with legal and regulatory requirements, investor and stakeholder confidence, and accurate financial reporting.
It includes a thorough review of financial statements, assessment of internal controls, and ensuring adherence to accounting principles.
Preparation involves organizing financial records, understanding the audit process, and collaborating with the audit team for efficient execution.
The duration varies based on company size and complexity but generally includes planning, fieldwork, and wrap-up phases.
Yes, we welcome inquiries and consultations. You can request a consultation through our Contact Us page, and our team will be in touch to schedule a convenient time.