We understand the complexities of construction accounting.

Building Your Business

Construction Accounting

Contractors, home builders, and all construction specialty trades turn to us to improve cash flow, profit margins, debt leverage and overall financial health. We focus on increasing value and investment return to owners while helping them reach specific financial goals for businesses and individuals. We proactively review your financial data and seek more timely, accurate and meaningful information which will help you make prudent business decisions. We respond quickly to urgent matters, provide timely solutions, and diligently look ahead to plan for short- and long-term needs.

Our construction services include:

  • Budgeting
  • Indirect Job Cost Allocation
  • Job Profitability Analysis
  • Work in Progress Schedules

Effective Equipment Costing

An owner of a construction company approached us to determine and implement the charging of equipment costs on jobs. Our team determined the costs and expenses related to each piece of equipment which included a comparison of owning vs. market rental rates as well as direct and indirect costs.

The process we developed looked at the number of usage hours needed for each piece of equipment which provided data to management to make decisions. Once we determined the indirect pool of costs related to construction costs, the client was able to use this in their job cost estimates. The contractor was also able to reconcile actual indirect costs incurred. By providing a basis to allocate to jobs systematically, the contractor had a basis for determining the cost of each piece of equipment which assisted in the decision making process of trading in the piece of equipment, buying new or getting rid of the equipment if renting the same piece was more profitable.

The result of effective equipment costing increased profitability for the company and provided the owners, estimators, project managers and the financial team with a better understanding of the interworking of the process which enabled them to work together instead of operating in separate silos.

15 Yrs.

As A Trusted Client

Our Clients Trust Us

Our valued clients are our most enthusiastic supporters.

Thanks so much for your guidance and proactive assistance in all our needs, but particularly with our PPP application. We appreciate your tireless efforts to keep us up to date in a highly fluid and sometimes opaque process. Without you, I doubt we would have muddled through it.

The accounting and business advice services offered to me and my company from Wouch, Maloney & Co. for my entire career now have been nothing short of exceptional. I have never once been let down or felt that more should have or could have been done in any situation.

We have been through both up years and down years and have always received exceptional well thought out accounting and business advice and I value that greatly. Every interaction has been courteous, responsive, and extremely professional. I would not dream of even entertaining anybody else doing for me what your company does for me. Plus John’s got a great laugh. Thank you for everything you all do and continue to do.

Our Construction Experts

Offering knowledge and skill attuned to the construction market.

Business Advisor Maloney at Wouch Maloney - Accounting Audit Firm in Horsham & Philadelphia

John F. Maloney

Email: Send A Message
Call: 215.675.8364

Business Advisor Slade at Wouch Maloney - Accounting Audit Firm in Horsham & Philadelphia

Stephen J. Slade

Email: Send A Message
Call: 215.675.8364

Business Advisor Straccione at Wouch Maloney - Accounting Audit Firm in Horsham & Philadelphia

Adrienne Straccione

Email: Send A Message
Call: 215.675.8364

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