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Pyramid
Pyramid, a quarterly newsletter from RSM McGladrey, discusses construction and real estate-related topics ranging from long-term tax planning to succession planning to human resources issues. 
RSM McGladrey, Inc. and McGladrey & Pullen, LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs.

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Construction/Real Estate Industry Services

In the construction and real estate industry, the problem punch lists seem endless. One thing you shouldn't have to worry about is finding a trustworthy independent auditor.

We pride ourselves in the fact that midsized companies like yours are our focus. We realize that in this industry, many services are offered, and organizations have different capabilities. We commonly serve the following segments:

  • Residential builders (single and multi-family) 
  • Nonresidential builders (industrial, office, lodging, etc.) 
  • Heavy construction (roads, bridges, airports, etc.) 
  • Specialty trade (electrical, plumbing, etc.) 
  • Real estate development

We offer:

  • Financial auditing 
  • Attestation services 
  • Internal control evaluations 
  • Electronic data processing audits 
  • Reviews and compilations

We pair our extensive experience in these service fields with our working knowledge of your industry to deliver the kind of solid and trustworthy service you deserve from an independent auditor.

An Audit Approach that Addresses Risks
The AICPA has identified several major construction industry risks, including the following:

  • Dynamic and diverse laws in different states and countries 
  • Contract and tort liabilities 
  • Dependence on other parties' performances 
  • Dependence on key customers 
  • Financing and availability of capital 
  • Licensing and regulatory approval 
  • Environmental issues 
  • Risk of loss to persons and property 
  • Labor skill and availability 
  • Cost of employee benefits

Our audit approach addresses the dynamics of this industry. We consider the above risks, other elements, and the unique issues that are applicable in every engagement.


 

RSM McGladrey Inc. and McGladrey & Pullen LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs.