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MHM
  • About Us
    • Careers
    • Locations
  • Services
    • Audit & Assurance
      • Financial Statement Audits
      • EBP Audits
      • Public Company Services
      • Attest & Other Services
      • Systems and Organization Controls
    • Tax
      • State and Local Tax
      • Federal Tax
      • International Tax
      • Private Client Services
    • Advisory
      • Complex Accounting
      • Transition & Transaction Services
      • IT Security
  • Industries
    • Financial Services
    • Manufacturing & Distribution
    • Not-for-Profit & Education
    • Private Equity
    • Professional Services
    • Real Estate
    • Retail and Consumer Products
    • Technology & Life Sciences
    • Construction
  • Insights
    • Articles
    • Webinars
  • People
  • Contact Us
    • MHM Ethics Hotline

Construction

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Early stages of building

Construction

MHM’s dedicated construction professionals provide reliable audit, attest, and advisory services to general and specialty contractors.

Workers working near sunset

Construction

MHM’s dedicated construction professionals provide reliable audit, attest, and advisory services to general and specialty contractors.

Array of hardhats representing construction workers

Construction

MHM’s dedicated construction professionals provide reliable audit, attest, and advisory services to general and specialty contractors.

  • Contact Us
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What does knowing the Construction industry mean? It means our CCIFPs take an active role in construction associations and committees. It means you receive sound guidance on accounting for contracts, improving bonding capacity, and maximizing the allowable benefits under the changing tax landscape. And most importantly, it means you have experienced auditors and advisors who understand your business and provide you guidance and best practices to navigate emerging industry trends.

Construction Vital Statistics

Our monthly publication provides a concise look at key construction indicators.

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Services

  • Audit & Assurance
  • Tax Services
  • Advisory

Our audit methodology targets the areas of highest risk in your financial statements, creating efficiencies in your audit process. Additionally, our team provides reviews, compilations, employee benefit plan audits, agreed-upon procedures and a full suite of IT assurance solutions.

We understand the benefits available in your tax environment, including tax structuring, cost segregation, bonus depreciation, and Section 179 expensing. Our team also offers state and local tax support, transfer pricing, international tax minimization services, and of course, tax compliance and consulting services that adjust as your operations scale.*

Knowing you helps us deliver solutions tailored to your needs, such as complex accounting to support revenue recognition and leasing standard adoption, internal audit and controls improvement, cost recovery services, and strategic planning and analysis.*

Insights

Revenue Recognition Analysis Supports Construction Company's Implementation

A construction company received a request from its parent company to evaluate the impact of adopting the new revenue recognition standard.

Learn More

CBIZ & MHM Named to Construction Executive’s Top 50 Construction Accounting Firms

Construction Executive Magazine, a publication from Associated Builders and Contractors, recently named CBIZ and MHM to its list of the Top 50 Construction Accounting Firms in the nation.

Learn More

8 Revenue Recognition Questions for Contractors

At long last, private contractors will be making the change to their new revenue recognition model.

Learn More
  • Construction Vital Statistics - July 2021

    View key metrics regarding the construction industry for the month of July.
  • Construction Vital Statistics - June 2021

    View key metrics regarding the construction industry for the month of June.
  • Construction Vital Statistics - May 2021

    View key metrics regarding the construction industry for the month of May.
  • Construction Vital Statistics - April 2021

    View key metrics regarding the construction industry for the month of April.
  • Construction Vital Statistics - March 2021

    View key metrics regarding the construction industry for the month of February.
  • Construction Vital Statistics - February 2021

    View key metrics regarding the construction industry for the month of February.
  • Construction Vital Statistics - December 2020

    View key metrics regarding the construction industry for the month of December.
  • Construction Vital Statistics - November 2020

    View key metrics regarding the construction industry for the month of November
  • Construction Vital Statistics - October 2020

    View key metrics regarding the construction industry for the month of October
  • Construction Vital Statistics - September 2020

    View key metrics regarding the construction industry for the month of September.
  • Construction Vital Statistics - August 2020

    View key metrics regarding the construction industry for the month of August.
  • Construction Vital Statistics - July 2020

    View key metrics regarding the construction industry for the month of July.
  • How COVID-19 Affects the Construction Industry

    From managing the safety of the workforce to capitalizing on relief provisions, the construction sector has plenty of considerations for managing the impact of the COVID-19 pandemic.
  • Tax Planning in 2020: Tax Rates and Inflation-Adjusted Figures

    The IRS and the Social Security Administration have released 2020 inflation-adjusted figures for more than 50 tax provisions.
  • CBIZ & MHM Named to Construction Executive’s Top 50 Construction Accounting Firms

    Construction Executive Magazine, a publication from Associated Builders and Contractors, recently named CBIZ and MHM to its list of the Top 50 Construction Accounting Firms in the nation.
  • Construction Vital Statistics - March 2019

    View key metrics regarding the construction industry for the month of March.
  • Revenue Recognition Analysis Supports Construction Company's Implementation

    A construction company received a request from its parent company to evaluate the impact of adopting the new revenue recognition standard.
  • Construction Vital Statistics - February 2019

    Industry indicators suggest that the construction sector is poised for a strong start to 2019. Sales expectations and staffing level intentions are higher compared to the same period in 2018. The Construction Backlog indicator is down slightly from one year earlier and changes in nonresidential spending are up over the previous month as well as year-over-year.
  • Construction Vital Statistics - December 2018

    Profit margin expectations were about the same in December 2018 as they were in December 2017. The Construction Backlog Indicator was down slightly, as were staffing level and sales expectations. The partial federal government shutdown disrupted some commonly used construction benchmarks, including housing permits, and starts, but that information is expected to be available again by early March.
  • Double Dip on DPAD and Section 199A for Your 2017 Fiscal Year

    Double dipping is not overreaching for businesses with fiscal years beginning in 2017 and ending in 2018.
  • 8 Revenue Recognition Questions for Contractors

    At long last, private contractors will be making the change to their new revenue recognition model.
  • Construction Vital Statistics - November 2018

    Sales expectations, profit margin expectations, and staffing level intentions are all down slightly compared to Q2. The construction backlog indicator is down from where it was a year ago, but total permits are up slightly year-over-year.
  • Brace for Accounting Challenges if There’s An Infrastructure Boom

    Incentives for infrastructure investments could bode well for the construction and engineering sector. It will also bring some additional accounting considerations that shouldn’t be overlooked.
  • Construction Vital Statistics - October 2018

    Sales expectations, profit margin expectations, and staffing level intentions are all higher than they were during the same period in 2017, which bodes well for the sector.
  • 2019 Tax Rates and Inflation-Adjusted Figures Released

    The IRS and the Social Security Administration have released 2019 inflation-adjusted figures for more than 50 tax provisions.
  • Are Public-Private Partnerships the Solution for the U.S. Infrastructure Issue?

    Despite frequent mention in both local and national political campaigns, the United States’ well-documented issue with crumbling national infrastructure just cannot seem to garner the attention that some feel it deserves.
  • Construction Vital Statistics - September 2018

    The construction backlog indicator is down slightly from a year ago, and year-over-year, housing permits and starts are up. Month-over-month, however, starts and permits for single-family and multi-family projects decreased.
  • Webinar: Fourth Quarter Accounting and Financial Reporting Issues Update 2018

    This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events impacting financial reporting and the accounting profession.
  • Webinar: Revenue Recognition Check-In for the Construction Industry

    This webinar will cover the specific considerations for the adoption of revenue recognition related to the construction industry, and the steps you should be taking now to ensure a smooth transition.
  • Construction Vital Statistics - August 2018

    Indicators continue to look bright for the construction sector. The industry's unemployment rate is slightly below the national average and more than one percentage point lower than the same time last year.
  • Construction Vital Statistics - July 2018

    The July 2018 Construction Vital Statistics indicates that the construction sector is continuing to perform well.
  • New Bonus Depreciation Regs Bring Clarity, Anti-Abuse Provisions, But No Fixes

    These regulations provide clarification on which types of property qualify, when a taxpayer will not be considered to have previously used property, and the effect of certain partnership elections.
  • Construction Vital Statistics - June 2018

    The June vital statistics show positive trends for the construction sector.
  • Revisit Decisions to Expense or Capitalize Property under New Tax Law

    Traditional tax planning strategies concerning tangible property must be revisited in light of the new QBI deduction.
  • Webinar: Tax Reform and the Effect on the Construction Industry

    In this course we focus on the manner in which construction businesses are impacted by the new law, and will offer insight about how the sector should respond to the new provisions.
  • Video: The Importance of Benchmarking for Construction

    National Construction Practice Leader Tony Hakes discusses the importance of benchmarking and ratios for those in the construction industry.
  • MHM's Tony Stagliano Receives Joe Quigley Memorial Award from CFMA

    Congratulations to Tony Stagliano of our National Construction Practice, who was recently presented with the Joe Quigley Memorial Award from the Construction Financial Management Association (CFMA).
  • Three Points of Interest for the Construction Industry in the Revenue Recognition Standard

    Implementing the new revenue recognition standard will be complicated for all entities, even when the changes do not present a dramatic change from how entities recognize revenue today, such as the case with the construction industry.
  • Top Revenue Recognition Considerations for the Construction Industry

    The new revenue recognition standard has been issued, and as the Financial Accounting Standards Board (FASB) finalizes implementation guidance, your company should prepare for the effect the standard will have on accounting and reporting revenue under construction contracts.
  • More Insights


    Key Contact

    Anthony Hakes

    ahakes@cbiz.com (602) 650-6225

    The first step in
    Knowing You is Knowing how
    we can help You.

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    *MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm that provides audit, review and other attest services. MHM works in an alternative practice structure with CBIZ, a leading business consulting, tax, and advisory services provider. MHM provides all attest services and, with limited exception, CBIZ provides all non-attest services.

    MHM. Knowing You.

    Contact Us

    About Us


    MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm dedicated to learning about your organization and helping you meet your requirements and make informed decisions. We use our global resources and 60-plus years of experience serving growth-oriented public, private and not-for-profit organizations, to bring you best practices and sound guidance.

    A member of Kreston Global |
    A worldwide network of accounting firms


    Client Portal | Careers | Terms of Use | Privacy Policy

    Copyright 2021 Mayer Hoffman McCann P.C. All rights reserved.

    About Us


    MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm dedicated to learning about your organization and helping you meet your requirements and make informed decisions. We use our global resources and 60-plus years of experience serving growth-oriented public, private and not-for-profit organizations, to bring you best practices and sound guidance.

    MHM. Knowing You.

    Contact Us

    A member of Kreston Global |
    A worldwide network of accounting firms


    Client Portal | Careers | Terms of Use | Privacy Policy

    Copyright 2021 Mayer Hoffman McCann P.C. All rights reserved.