Construction accounting and audit

Wipfli takes a customized, risk-based approach to your review or audit, with procedures focused on the critical issues facing your business. Our experience with industry challenges and project-based businesses means we’re ready to provide practical construction accounting services that use your time and resources effectively.

With rapidly evolving regulations, companies face compliance obligations that extend beyond standard financial audits. Wipfli’s audit services guide you through the complexities of single audits, providing an efficient process that helps you meet regulatory expectations while minimizing disruption.

Wipfli performs hundreds of employee benefit plan audits annually, covering plans with 100 to 50,000 participants and billions in assets. We understand the complex requirements and fiduciary obligations you face and can help you maintain compliance.

Construction compliance and accuracy are critical for maintaining trust and meeting obligations. Wipfli provides independent validation through agreed-upon procedures and specialized attest services. From contract compliance reviews to director exams and SEC custody exams, we bring clarity and efficiency to every step of the process.

Wipfli’s FAR specialists bring proactive compliance support by helping you audit overhead schedules, optimize rates and review accounting systems. With inclusive knowledge of requirements and experience in performing FAR audits, we help ensure you’re compliant with provisions and well-prepared for current and future FAR-based opportunities.

Wipfli’s outsourced or co-sourced construction internal audit services give you access to specialists who understand both the audit requirements and unique challenges of the construction industry. We work alongside your team to build a practical audit plan, uncover inefficiencies, highlight best practices and reduce operational and compliance risks, so you can focus on projects and profitability.

Wipfli brings extensive experience in SOC 1, SOC 2 and SOC 3 audits, leveraging recognized frameworks to validate your systems. For firms seeking enhanced assurance, we also assess readiness against the Cloud Controls Matrix through SOC 2+ audits.