Our extensive knowledge comes from team members’ years of experience directly in these industries, focused continuing education and successful consulting with similar businesses.

We have a solid commitment to the construction, architectural and engineering industries. It’s about substantially more than just the debits and credits. Through our team members’ active involvement in industry organizations, we obtain a real understanding of the key issues that affect your business. In addition to traditional services, we focus on providing value-added services to improve systems and controls, identify key performance indicators, set benchmarks and develop performance-based incentive compensation plans and business succession plans. In addition, we regularly provide educational opportunities through seminars/webinars, newsletters and surveys on industry-related topics.

Somerset’s Construction & A/E Team provides comprehensive financial solutions by utilizing our industry expertise to develop unique strategies and solutions for you. We are passionate about helping you succeed.
 

• Financial statements: audits, reviews and compilations
• Performance of agreed-upon audit procedures
• Forensic accounting

• Corporate tax returns
• Shareholder tax returns
• Individual and corporate tax planning
• Proactive and creative tax strategies
• Cost recovery studies to optimize depreciation deduction
• Multi-state tax planning and strategy development
• Sales, use, property and excise tax analysis
• Production deduction analysis
• Cost segregation studies

• Business transition and succession planning
• Estate planning
• Strategic planning

• Management information systems consulting
• A/E specific software sales & consulting (Axium Ajera and Portfolio)
• Timberline software consulting, custom reports, training, implementation, etc.
• Unique management reports: ROI, ratios, project cash flow, overhead

• Cash flow projection models (balance sheet, income statement, statement of cash flows, backlog, pipeline, integrated)
• Joint venture consulting and accounting
• Maximizing bonding and credit capabilities
• Benchmarking and analytic review
• Job cost efficiency and profitability analysis
• Job cost overhead and burden analysis
• Budgeting and cash flow analysis
• Performance-based incentive program development
• Claims analysis and consulting
• Business valuation services
• Management advisory services
• Overhead rate audits and consulting services (state DOT, FAR, etc.)
• Overhead rate analysis (corporate overhead rate allocation models—dual vs. single rate—and project overhead allocation)
• Employee benefit trusts
• Project manager impact on profitability training
• 3M assessment: measure, manage and monitor your business
• Ratio, trend and value benchmarking
• Customer product profitability analysis

• General contractors
• Trade contractors
• Architects
• Engineers
• Construction managers
• Developers
• Home builders
  

For a video message about the Somerset Construction & A/E Team, please click the image below. (You may need to upgrade or install Adobe Flash Player--it is a free software.)

Click here to download a WIP Schedule Template (Excel). This is a read-only file, so you will need to open it as such and save it to your computer before using. Please contact a member of our Construction & A/E Team for assistance, if needed, at 317.472.2200.
 

6  Printable Brochure