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BAKER TILLY PUERTO RICO, CPA's, PSC
recognizes that the construction
industry is one of the largest segments of the economy. The companies
that compete in this industry range in size and sophistication from
the "father and son" remodel who operate out of the back of their
pickup trucks to multinational contractors who specialize in projects
costing millions of dollars and employing hundreds - even thousands -
of workers.
Contractors cannot
successfully manage their businesses unless they have timely,
accurate, financial information about all contracts that are in
progress at a given point in time.
BAKER TILLY PUERTO RICO, CPA's, PSC
provides a variety of tax, audit, compilation, review and consulting
services to clients in the construction industry in order to help them
to successfully manage their businesses.
No matter what the
need, or size of the construction entity,
BAKER TILLY PUERTO RICO, CPA's, PSC
has the necessary expertise to meet the demands of our clients, in a
timely fashion, at a reasonable cost.
Our audit objectives
always include a verification of contracts completed during the year
and those in progress at year end are supported by valid contracts and
represent actual work performed by the company. Also, that all
contracts billing and costs (both direct and indirect) that were
incurred during the year are properly identified, allocated, and
recorded in both the company's general ledger accounts and its
detailed contract records, revenue on contracts in progress at year
end is correctly measured in accordance with the revenue recognition
method required by generally accepted accounting principles, adequate
provision and disclosure has been made for estimated losses, if any,
on contracts in progress at year end, adequate provision has been made
for disputed claims, back charges, change orders, or other disputes or
contingencies related to contracts. And, finally that
contract-related accounts are properly presented and classified in the
financial statements and the accompanying notes provide adequate
disclosure of contract-related matters.
Accounting system
considerations - our experienced partners and IT consultants can
assist in the evaluation and improvement of your accounting systems.
Sometimes the accounting system does not match the complexity and
sophistication of the contractor's operations. We are ready to
sophisticate your accounting system to a point where all direct costs,
including period interest costs, are allocated to individual contract
records, and there is a proper by - contract allocation of indirect
costs.
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Award-Winning
Dependability |
Baker Tilly Puerto Rico certified
consultants have a strong financial accounting and computer systems
background as well as practicable knowledge of construction estimating
or property management...
Telephone
787-622-8855
FAX
787-622-8850
Address
Centro Internacional de Mercadeo
#90 Carr. 165, Suite 505
Guaynabo, PR 00968
PO Box 366202
San Juan, PR 00936-6202
E-mail
jrodriguez@bakertillyrr.com
joeldiaz@bakertillyrr.com
rriveracpa@bakertillyrr.com
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