Wipfli LLP (Wipfli), a national accounting and consulting firm, has been named #5 on the list of Top 50 Construction Accounting Firms™ by Construction Executive magazine. This is the third year the firm has earned a top five position.
“Wipfli has always made a strong commitment to the construction industry, with not only traditional accounting and tax services but also advisory services and specialized solutions that are specific to the industry to meet this market’s distinct needs,” said Brian Bohman, construction practice leader at Wipfli. “Our team members are passionate about the work they do, and our position on the Construction Executive list reflects that dedication.”
Bohman and Wipfli senior manager Alex McBride were quoted in the magazine’s July/August issue, providing insight on issues such as cybersecurity and cost coding.
Additionally, Bohman and Wipfli business transition advisor Paul Lally co-authored a guest piece for the magazine, covering results of the firm’s construction succession planning survey. Among the findings: A sizable 81% of construction businesses plan to transition ownership within the next 10 years, with as many as 15% exiting in the next one to two.
The issue includes a full list of the top 50 firms. To make its selections, Construction Executive collected a range of data — including 2020 construction practice revenue, construction partners and its number of construction clients in 2020. The magazine uses an algorithm to determine the final ranking.
Wipfli’s construction and real estate practice is the trusted business advisor of over 6,000 construction-related companies across the U.S. The firm provides a wide variety of tax, accounting, technology and consulting solutions to help them meet the construction industry’s unique challenges.