Construction Groups
Tailored group reporting and consolidation guidance for construction companies, covering multi-entity project accounting, joint ventures, progress billings, and site-level eliminations.
When Your Construction Subsidiary Reports Under FRS 102: Aligning Accounting Policies Before You Consolidate
The group financial controller at a mid-sized UK construction holding company had always managed the consolidation without much difficulty. The…
When a Project Goes Wrong: Accounting for Onerous Contracts Across a Construction Group
The group board had known for two quarters that the commercial fit-out contract in Birmingham was in trouble. Materials costs…
Intragroup PPE Construction: Why Your Consolidated Balance Sheet Is Overstating Fixed Assets — and How to Fix It
The group financial controller at a family-owned logistics and construction business had been running the consolidation for three years before…
When Your Subsidiary Is Both Contractor and Subcontractor: Eliminating Intercompany Revenue in a Construction Group
The group finance director at a medium-sized UK construction group was preparing the June consolidation when she noticed something that…
Multi-Entity Construction Group Accounting: Consolidating JVs, Intercompany Plant Charges, and Long-Term Contract Revenue
The finance director of a mid-sized civil engineering group had spent twenty years producing consolidated accounts that, in her words,…
Financial Consolidation for Construction Groups: SPVs, Contract Assets, and Intercompany Eliminations
Construction holding groups are structurally complex almost by design. The standard mid-market model — a holding company sitting above a…