Construction, Real Estate, Engineering

Accounting Advisory Experts Who Know Your Industry

Leaders in construction and real estate need sound operations, processes, and internal controls to mitigate risk due to market shifts and changes in regulatory and tax legislation. Get invaluable insights to navigate this complex financial landscape successfully. Whether you are a contractor, subcontractor, developer, architecture, or engineering firm, you can drive greater profitability with an advisory team behind you that knows your industry. Leverage our expertise in financial operations, tax strategy, and M&A to reach your goals. 

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Services

Financial Management, Planning, & Analysis

Assess your company’s financial performance, profitability, and efficiency with the key performance indicators (KPIs) most relevant to your industry and set appropriate financial goals. With Redpath’s analysis of your financial statements, cash flow, and budget, you can make more informed decisions, allocate resources better, and improve your overall financial health.

Fractional CFO/Controller
Outsourced Accounting
Budget Forecasting & Planning
Cash Flow Forecasting & Planning
Expense Tracking
Financial Reporting & Compliance
Basis of Accounting
Multi-State Payroll
 

Succession Planning & Exit Strategies

Be fully prepared for a smooth ownership transition, either through retirement or the outright sale of your business. Develop a comprehensive succession strategy with the right amount of lead time. Your Redpath advisor can help you maximize business value and minimize the tax consequences of your exit.
 

Tax & Compliance

For businesses and their leaders, Redpath offers tax planning strategies to minimize tax liabilities while ensuring compliance with laws and regulations. This includes preparing and filing personal and business returns, audit support, and identifying tax-saving opportunities specific to the construction industry.

Sales & Use Tax Planning
State & Local Taxation
Tax, Accounting, & Contract Methods
Entity Structuring
Income Deferral Methods
Look-Back Calculations
Cost Segregation Studies
Real Estate Developer Strategies
Tax Credits/Incentives Review
 

Audit & Assurance

Work with a team that minimizes disruptions but gives you what you need to satisfy lenders, investors, and regulatory authorities regarding the reliability of your financial data.

Financial Statement Audits
Financial Statement Review
Agreed-Upon Procedures
Employee Benefit Plan Audits
FAR Audits (Indirect Cost Rate)
 

Internal Controls & Risk Management

Maintain the integrity of your financial information and company assets with proper internal controls and systems. Your Redpath advisor will help you identify gaps and recommend solutions to minimize financial and operational risks.
 

Job Costing & Cost Accounting

Accurately track and analyze your job costs to drive profitability. Grow your business sustainably with a Redpath advisor’s help in identifying and implementing job costing methodologies and cost accounting systems that give you the insights you need to save money and budget and bid projects successfully.
 

Recent Construction, Real Estate,
Engineering Insights
New Minnesota Independent Contractor Law Imposes New Penalties

 

Effective July 1, significant changes are being made to Minnesota’s independent contractor and...
ASC 606 and Accounting for Uninstalled Materials

 

Navigating the intricacies of construction finance has always been challenging, but ongoing shifts...
Small Construction Accounting–How to Get a Handle on Your Finances

 

You are in business to make a profit. However, for smaller construction companies especially,...
How to Stop Construction Change Orders From Slipping Through the Cracks

 

Editors note: This article was published in 2021 and updated in 2023 to include additional...
 

Your Construction Industry Leadership Team
Joel Newby
Joel Newby,
CPA →

Partner
Construction and Real Estate leader
Paul Longsdorf
Paul Longsdorf,
CPA →

Partner
Alex Helkamp
Alex Helkamp,
CPA, CCIFP →

Partner
Nate Geiger
Nate Geiger,
CPA →

Director
 

Thought Leadership

Gain valuable knowledge from Redpath’s team of experts via blogs, podcasts, and newsletters