Audit & Assurance

Find the opportunities you’ve been missing.

Where can you improve performance? How can you evaluate job costs more accurately? What can you do to increase the chance that bonding is available when you need it? At HORNE, we work with you to find the necessary answers to succeed and keep your business compliant.

Our audit and assurance team can transform financial statements into strategies for pursuing opportunity. We look beyond the numbers and help you find meaningful ways to build your business.

Details matter, and our team can help identify and take advantage of opportunity and risk to help construction businesses do what they do best – build for a fuller tomorrow.

Financial Statement Preparation

Whether you are bidding for a job, tax planning or reporting to stakeholders, accurate GAAP financial statements are crucial for ensuring an optimal outcome.

With our assurance services, HORNE can instill confidence in your accounting records and provide an accurate snapshot of your financial position. We provide you with the information you need to respond to requirements and opportunities. Our services include:

  • Audits, reviews and compilations
  • Financial statement preparation
  • Budgets
  • Cash flow analysis
  • Financial projections

Revenue Recognition

In construction, recognizing income or revenue doesn’t necessarily depend on when customers are invoiced or payment is received; it also can be recorded when or as work is completed. But if you record revenues too early, your income statements may show more profits than were actually earned in that period.

Whether you work on a cash or accrual basis, how and when you declare revenue can impact taxes and operating capital. At HORNE, we can help you use and understand generally accepted Revenue Recognition principles to establish a consistent revenue reporting methodology and ensure a more predictable cash flow.

Lease Standards

In 2016, the Financial Accounting Standards Board (FASB) issued a new accounting standard affecting companies that lease assets, such as real estate, vehicles and other equipment. Many lease agreements that were previously expensed will now be capitalized on the balance sheet. By creating new potential liabilities, these standards may impact working capital, bonding capacity, capital acquisition, debt covenants and lease-versus-buy decisions.

HORNE Construction can prepare your company for the new lease standards. We work with you to review existing contracts and lease arrangements and evaluate the potential impact on your bottom line and balance sheet.

Insights and
Resources

[Webinar] How to Level Up Your Financials + Bonding Game in 2025

Construction leaders face more pressure than ever—tight margins, rising costs, and stricter bonding requirements. If you’re not proactively...

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Safety Matters

In the construction industry, safety isn’t just a moral imperative, it’s a covenant with every person who steps onto a job site, and with every...

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New Tariffs Impacting Construction

Construction leaders are no strangers to rising costs and shifting timelines, but the latest wave of global tariffs is throwing another wrench into...

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Construction Opportunity Through Infrastructure Spending: How You Can Get in the Game

Is your business positioned to capitalize on one of the largest waves of public construction funding in U.S. history? Businesses are positioning...

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Vendor Management Matters

Managing third-party risk is no longer optional—it’s critical for business security. At HORNE, we provide comprehensive Vendor Management...

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Automation & Enhanced Productivity

Process automation empowers teams to work more effectively. HORNE finds opportunities to restructure workflows and take advantage of automation.


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