Industry
Contract revenue, retentions and claims, accounted for correctly.
Contracting businesses live with progress billing, retentions, variations and subcontractor risk. Small errors in contract accounting compound into audit findings and cash gaps.
5 practices most relevant to construction
Discuss your positionWhat we get asked
The questions we get from construction.
Recognisable problems rather than a capability list. Each one has a route through it.
Revenue recognition on long-term contracts
Retention, variation and claim exposure
Project cost control and margin tracking
Subcontractor and supply-chain compliance
Market context
Contracting businesses carry progress billing, retentions, variations and subcontractor risk simultaneously, often across several concurrent projects. Small errors in contract accounting compound quietly into audit findings and cash gaps months later.
How we help
What we are actually engaged to do.
- Revenue recognition on long-term contracts
- Contract accounting applied consistently, with the judgements documented as the project runs.
- Project margin visibility
- Cost and margin reported by project while there is still time to act on it.
- Claims, variations and disputes
- Quantification and evidence when a contract position has to be defended.
Relevant services
Ranked for this sector, not alphabetically.
The order reflects where the work usually starts.
Audit & Assurance
Independent assurance that stakeholders and regulators accept.
Accounting & Finance
A finance function that reports on time and holds up to scrutiny.
Forensic
Investigation and evidence when the numbers are disputed.
Business Advisory
Decisions on growth, cost and structure, backed by numbers.
Tax
UAE Corporate Tax, VAT and transfer pricing, handled end to end.
Where we get the call
Situations we are brought into.
These describe work we are engaged to do. Named engagement notes publish only where a client has approved them.
Project margins reported at year end differ materially from what the site teams were reporting monthly.
A variation claim needs quantifying and evidencing before it goes to the counterparty.
Related
Construction, in context
Next step
Talk to someone who knows construction.
Bring the specific problem. The first conversation is about establishing whether there is one, and what it would take to resolve.
Not ready for a meeting? Ask one specific question instead.
What follows
- A person in the relevant practice reads it, not a routing queue.
- One reply that already contains a view, not a request to book a call.
- A written scope and fee basis, or a straight answer that there is no work to do.
- Sunday – Thursday, 9:00 – 18:00 GST