Construction
Catapult provides comprehensive CFO and accounting services for the construction industry. Our finance and accounting experts can assist you in navigating the complexities of financial reporting, construction finance, ensuring smooth project operations and financial stability.
Project Cost Tracking
Construction projects involve multiple cost elements, including labor, materials, equipment, subcontractors, and overhead expenses. Our team assists in tracking and allocating…Read More
Work in Progress (WIP) Accounting
Construction projects are typically long-term and span multiple reporting periods. Work-in-progress (WIP) accounting involves recognizing revenue and costs based on project progress… Read More
Contract Accounting
Construction contracts often have complex terms and conditions, including variations, change orders, and penalties. Our team assists in interpreting these contract terms, assessing the… Read More
Equipment and Asset Management
Construction companies rely heavily on equipment and other fixed assets. Our team manages asset acquisition, depreciation calculations, equipment rental agreements, and maintenance ... Read More
Cash Flow Management
Construction projects involve significant cash outflows for labor, materials, and subcontractor payments, while client payments are typically received over time. Our team closely monitors… Read More
Job Cost Estimation
Our team collaborates with estimators and project managers to develop accurate and competitive bids for construction projects. We analyze historical cost data, industry … Read More
Retainage Accounting
Retainage is a common practice in the construction industry, where a portion of the contract amount is withheld until the project is completed or specific milestones are achieved. Our… Read More
Financial Risk Management
Construction companies face various financial risks, including cost overruns, project delays, and economic downturns. Our team assesses and… Read More