Minimize Risks, Maximize Growth for Construction & Real Estate
In the fast-paced world of construction and real estate, the line between profit and loss is razor-thin. Projects can shift from lucrative to costly with the slightest miscalculation—whether from underestimating a bid, unexpected change orders, or broader market changes.
At LGA, we bring more than just accounting knowledge to the table. Our team is well-versed in the unique dynamics and complexities of the construction and real estate industries, particularly in the New England and Greater Boston markets. From navigating intricate tax laws and compliance regulations to assessing project risks and financial forecasting, we understand the specific challenges you face every day. We work closely with you to ensure your financial strategy is as robust and resilient as the foundations you build.
Strategic Planning for Resilient Growth
Our approach goes beyond accounting. We provide the insights needed to make smart, proactive decisions, transforming your financial data into actionable strategies. From switching accounting methods—from cash-based to accrual—to managing Work in Progress (WIP) schedules and adopting percentage-of-completion accounting for long-term projects, we help optimize your operations to drive long-term growth.
4 Pillars to Profitability in Construction & Real Estate
-
1. Accrual Method Accounting
-
2. Accurate WIP Schedules
-
3. Percentage of Completion for Long-Term Contracts
-
4. Job Costing