Audit & Assurance

We have over 45 years of experience providing accounting, audit, and consulting services that help companies throughout the United States increase their profitability and success.

Audit & Assurance services that include:
Financial Statement Preparation

Compliance, mitigation of risks and confidence
in your financial health

Construction Cost Certification
Certified builder's cost and contractor cost audit services to meet housing industry requirements
Employee Benefit Plan Audit
We audit your plan in accordance with US GAAS, ERISA, and DOL regulation
Construction Audit
Audit and consulting services that will keep your costs under control, reduce risk, and meet your project goals
Construction Business Valuation
Carry out an analytical process to determine the current (or projected) value of an asset or business relative to its industry

CICPAC and H&CO Whitepapers Series

The Tax Cut and Jobs Act (TCJA) signed into law in late 2017 made some of the most significant tax regulation changes in decades and created many new planning opportunities for contractors. Changing entity types, accounting methods, new deductions for qualified businesses, new depreciation alternatives, and new tax incentives for qualified investments, are some of the provisions in the TCJA that will require careful analysis and proactive planning for CPAs and their contractors' clients.

On March 27, 2020, the Coronavirus, Aid, Relief, and Economic Security Act (CARES Act) was passed. The CARES Act includes many tax provisions that are intended to put cash flow in the hands of individuals and businesses. On December 27, 2020, the Consolidated Appropriations Act, 2021 was passed impacting specific tax regulations.

 

 

2022_September_Mobile Workforce Whitepaper_H&CO (1)

The construction industry depends on mobility and getting to where the projects are located. Costs related to mobility are unique and there are various methods of covering or reimbursing your workforce for those costs.

Download whitepaper

2022 Tax Planning Opportunities - H&CO (1)

An updated version of the 2021 edition.

Download whitepaper

2021 Tax Planning Opportunities for the Construction Industry - H&CO

The CICPAC Tax Thought Leadership Committee has compiled an updated summary of those changes potentially impacting our construction clients for consideration. In the interest of timing, this document only provides an overview for further consideration for planning in 2021 and beyond.

Download whitepaper

2021 Tax Planning - Coronavirus Legislation - H&CO

This document is a follow-up to the 2021 Tax Planning Opportunities for the Construction Industry whitepaper that was published recently.

Download whitepaper

ASC 842 - Implementing Leases - H&CO

The intent of this whitepaper is to provide further insight to some of the key areas that you should be aware of when implementing the new FASB ASU 2016-02, Leases (ASC 842) standard.

Download whitepaper

Employee Retention Credit - Financial Accounting Considerations - H&Co. Advisors

The intent of this whitepaper is to assist contractors with how to account for the Employee Retention Credit (ERC) for financial statement purposes. Since contractors are for-profit entities there is not any specific guidance that can be looked at to determine how to account for the ERC.

Download whitepaper

Construction Compensation Report Prepared by: CICPAC | H&CO

H&Co CICPAC and PAS Compensation Report - Published 2023_Página_01

PAS, Inc., the source for construction industry salary and benefit benchmark data and CICPAC, the CPAs who know construction have developed this packet of the most comprehensive pay data available in the construction industry.

Download whitepaper

Mobile Workforce Guidelines for Contractors Prepared by: CICPAC | H&CO

2023 Mobile Workforce Whitepaper - H&CO

The construction industry depends on mobility and getting to where the projects are located. Costs related to mobility are unique and there are various methods of covering or reimbursing your workforce for those costs.

Download

2023 Tax Planning Opportunities for the Construction Industry Prepared by: CICPAC | H&CO

2023 Tax Planning Opportunities - H&CO_Página_01

An updated version of the 2022 edition.

Download whitepaper

Implementing ASC 842 Leases Focus Areas for Contractors Prepared by: CICPAC | H&CO

ASC 842 - Implementing Leases - H&CO

The intent of this whitepaper is to provide further insight to some of the key areas that you should be aware of when implementing the new FASB ASU 2016-02, Leases (ASC 842) standard.

Download whitepaper

Paycheck Protection Program the Accounting Options
H&CO - Paycheck Protection Program - the Accounting Options_page-0001

Download whitepaper

Q1 Construction Economic Newsletter Report - H&CO
Q1 Construction Economic Newsletter Report - H&CO_page-0001

Download

Revenue Recognition Implementation Guide
HCO Advisors - Rev Rec Guide Co-Branded_page-0001

Download

Practical Aspects of Uninstalled Materials
Uninstalled Materials Whitepaper_HCO Advisors_page-0001

Download

Combining Contracts Specific Guidelines and Examples
Combining Contracts Whitepaper_HCO Advisors_page-0001Download

Download

Contract Abstract Analysis Tool
HCO Advisors - Cobranded Contract Abstract_page-0001

Download

Retention Receivable Guidance
HCO Advisors - Retention Receivable whitepaper_page-0001

Download

2023_Year-End Economic Newsletter Report - H&CO_Página_01
 

CONSTRUCTION QUARTERLY ECONOMIC REPORT

Executive Summary – 2023 Year End

This report offers a comprehensive analysis of various factors that affect the construction industry on a macro level, including regional construction spending, raw materials, supply chain, banking and financing matters, and the overall construction industry outlook.

CICPAC Newsletter >

Unsure which solution
is right for you?

Connect with one of our knowledgeable experts
to help guide you in the right direction.

Senior construction masters looking at a construction planSenior construction masters looking at a construction plan
logos-construction-hco-usa

Related Posts

Our blog is an extension of our consultancies

Cash Flow Management Explained: The Lifeblood of Your Business

Cash flow management is a fundamental process that involves tracking, analyzing, and controlling the financial transactions occurring...

Accumulated Depreciation and Depreciation Expense: A Complete Guide

To put it simply, accumulated depreciation represents the overall amount of depreciation for a company's assets, while depreciation expense...

Choosing Cash Basis or Accrual Accounting for Your Business

To help you choose between these concepts for your business, first understand their definitions and then consult your trusted CPA.