Construction

Accounting, tax, assurance, and advisory services for contractors, builders, and construction companies.

Accounting & Advisory for Contractors

Projects Change. The Numbers Follow.

Construction companies operate in a competitive industry where economic conditions, changing market demand, project costs, bidding, interest rates, and cash flow can all affect profitability.

DMJPS has decades of experience working with construction businesses in North Carolina, throughout the Southeast, and beyond. Our construction accounting professionals provide assurance, tax, and advisory services that help contractors understand the financial side of their operations, manage risk, improve cost control, and make informed decisions about future work.

Our Construction Experience

  • Residential builders
  • Commercial contractors
  • Construction subcontractors
  • Federal government contractors

Project Financial Management

Successful contractors need more than accurate year-end financial statements. Profitability depends on understanding what is happening at the project level, from estimating and billing to job costs, cash flow, and overall performance.

DMJPS helps construction companies strengthen financial management and improve visibility into the factors that affect project and organizational profitability. Better financial information can help contractors identify issues earlier, improve productivity and cost control, and make more informed decisions about bidding, staffing, financing, and future projects.

Our Construction Accounting & Advisory Services

  • Analysis of costs versus estimates
  • Budgets and forecasts
  • Contract cost and billing verification
  • Job cost accountability
  • Operational reviews
  • Profitability enhancement
  • Cash flow analysis
  • Working capital management

Accounting for the Business Behind the Build

Construction businesses face financial and tax considerations that can change as projects, contracts, ownership, and geographic reach evolve. DMJPS provides services that support both ongoing operations and larger business decisions.

01
/ 04
Tax

Tax Planning & Compliance

  • Federal, state, and local tax planning and compliance
  • Nexus studies to determine tax filing requirements
  • R&D tax credit services for qualifying construction activities
  • Applicable energy and building incentives, including Section 179D
  • Planning around available accounting methods, including completed contract, percentage-of-completion, and other applicable methods
01

Assurance & Financial Reporting

  • Compiled, reviewed, and audited financial statements
  • Internal controls
  • Employee benefit plan services
  • Financial reporting for lenders, owners, bonding relationships, and other stakeholders
02

Workforce & Risk

  • Employee and contractor classification considerations
  • Fraud prevention
03

Growth, Financing & Transition

  • Equity and debt financing
  • Mergers and acquisitions
  • Succession and exit planning
  • Comprehensive financial planning
04

NC General Contractor Licensing

Ready for Bigger Projects?

Growing construction companies may need an Agreed-Upon Procedures engagement or audit when applying for or upgrading a North Carolina General Contractor License. DMJPS has helped hundreds of contractors navigate these financial reporting requirements and move toward larger project opportunities.

Our People

Meet Our Construction Advisory Team

For more than 75 years, DMJPS has worked with privately held businesses navigating financial decisions, growth, and change. Our construction professionals understand that getting to know the projects and operations behind the numbers is an important part of providing useful financial guidance.

With offices throughout North Carolina and client relationships extending beyond the state, our team can work with you in person or virtually and involve additional professionals across DMJPS when your needs call for it.

mason 5 Edit e1729716373522
Bennett Robin
Gillis Mike
Karen Gray 1 e1652988231629
Diana Gwaltney edited scaled e1653594558826
+15

Related Insights

Economic Reports

North Carolina Economic Report – 2025 Second Quarter

by DMJPS
• Oct 6, 2025

IRS Clarifies 2024 R&D Expensing Rules for Businesses

by Rollin J. Groseclose, CPA, CGMA
Tax & Business Updates
Aug 29, 2025

North Carolina Economic Report – 2025 First Quarter

by DMJPS
Economic Reports
Jun 23, 2025

Industry Experience

From construction and manufacturing to healthcare and real estate, see how we help organizations across North Carolina and surrounding states.

Keep Exploring

See our full range of services and learn how DMJPS can support your business through changing needs and new opportunities.

Helpful Resources

Explore helpful resources, tools, and updates from the DMJPS team to help you stay informed and plan ahead.