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Construction Firms

Construction CPA Financial Reviews for Contractors

CPA-reviewed financial statements built around WIP, job costing, and the realities of construction accounting.

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Overview

Construction Financial Reviews for Contractors

Construction firms have reporting needs that generalist accountants rarely handle well. We deliver CPA-reviewed financial statements grounded in work-in-progress schedules, percentage-of-completion revenue recognition, and job-level margin analysis — so your numbers hold up for sureties, lenders, and ownership decisions.

Triggers

When Contractors Need a Financial Review

Bonding and surety requirements for larger projects

Bank financing, lines of credit, or lender covenant reviews

Ownership changes, buy-ins, or succession planning

Pursuing larger contracts that demand reviewed statements

Scope

What We Review

Work-in-progress (WIP) schedules

Percentage-of-completion revenue recognition

Job costing and cost-to-complete estimates

Overhead allocation and gross margin by project

Backlog and under/over-billing analysis

Financial Reviews Built for Construction Firms

What You Get

CPA-reviewed financial statements that lenders and sureties trust

Stronger credibility for bonding capacity and financing

A clear view of margins and backlog across active jobs

Confidence that your reporting holds up to outside scrutiny

CPA Financial Review Engagement

Construction-Focused Review Process

Step One

Scope & planning

We align on the engagement, your reporting needs, and the surety or lender requirements driving the review.

Step Two

Construction-focused review

We analyze WIP, revenue recognition, job costing, and overhead allocation against industry standards.

Step Three

Reviewed statements delivered

You receive CPA-reviewed financial statements ready for bonding, financing, and ownership decisions.

Built for Contractors

Who We Serve Best

General contractors and specialty trade contractors

Firms pursuing bonding capacity or larger projects

Contractors needing reviewed statements for financing

The Difference

Why Sunbridge Advisory

Construction-specific expertise in WIP and percentage-of-completion

CPA oversight built into every engagement

Clear communication and a documented review process

FAQ

Frequently Asked Questions

A review is a CPA engagement that provides limited assurance on your financial statements. For contractors, it focuses on WIP schedules, percentage-of-completion revenue, and job costing so the statements are credible to sureties and lenders.

Reviews are most commonly required for bonding and surety capacity, bank financing, ownership changes, and pursuing larger contracts that demand reviewed statements.

A review provides limited assurance and is less extensive (and less costly) than an audit, which provides reasonable assurance. Many sureties and lenders accept a review for contractors at this stage.

Yes. Percentage-of-completion, WIP, under/over-billings, and job-level margin analysis are central to how we review construction financials.

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Ready to take control of your finances?

Contact Sunbridge Advisory to schedule a free consultation and take control of your finances.