Professional service firms are unique and require advisors that provide guidance and advice that address the intricacies of their businesses. Grassi & Co., one of New York's leading accounting and consulting firms, helps architects, engineers, interior designers, facilities managers, and other architecture and engineering industry professionals overcome financial challenges by providing high-quality, efficient services. Whether it is preparing a set of financial statements or assisting with the growth of the company, Grassi & Co. is there to help.
At Grassi & Co., our team of industry experts develop strategic, operational, and financial recommendations to help bring A&E firms to the next level of success. In addition, we understand that “time is money,” therefore each engagement is carefully planned and coordinated in order to minimize time and avoid disruption to a business' day-to-day operations.
Our A&E Industry professionals serve clients across the United States and internationally through Moore Global Network Limited.
Grassi & Co.'s A&E Industry Practice has the capabilities to assist firms in the following areas and help them achieve their short and long-term objectives:
- Accounting and Tax Compliance
- Operational Efficiency
- Cash Flow Issues
- Evolving Technologies
- Unsustainable Overhead
- Fraud Detection and Deference
- Succession Planning
Helping Our Clients "Find the Lost Dollars":
The A&E professionals of Grassi & Co. are also excited to offer their clients the June Jewel Find the Lost Dollars Business Management Assessment and Training Program and Management Assessment Tools.
The Assessment provides a fast, affordable tool to help evaluate your operations and recommend areas for improvement.
The training includes ten, one hour interactive web-based trainings on business fundamentals and best practices so your staff understands how the business makes a living.
See below for more detailed information on how these services can help your A&E Firm increase its profits, grow its staff and win more work with better clients!
Industry survey highlights contractors remain optimistic despite facing significant challenges relating to regulations, labor conditions, environment, safety compliance, technology, cybersecurity and insurance.READ MORE
Grassi & Co. is proud to announce that Carl Oliveri, Partner, Construction Practice Leader, was recently appointed President of the Construction Industry CPAs/Consultants Association (CICPAC).
Articles & Alerts
If you are a specialty contractor responsible for functions such as plumbing, HVAC, electric or sheet metal work, or if you are a contractor that performs value engineering, you may be able to take advantage of some often-overlooked tax incentives.
Talk of labor shortages in the construction and A&E industries has been public over the last few years. Some say it is likely to continue in 2019 as companies continue to earn higher and higher revenues and maintain healthy and growing backlogs.READ MORE
Choosing the right Enterprise Resource Planning (ERP) system is one of the many challenges construction companies face. Choosing the wrong ERP system can potentially hold a company back, however, the right system can substantially propel a company forward—especially in the areas of cash flow and profitability.READ MORE
The New Jersey construction community received a New Year’s gift at the end of December: an announcement from the Murphy administration adding over $400 million in new projects currently under design, as well as accelerating its first quarter 2019 construction program, giving much promise to 2019!READ MORE
Over the course of the past few years, you may have heard rumblings about significant changes in our accounting guidance as it relates to how companies recognize revenue. The Financial Accounting Standards Board issued “ASU Revenue From Contracts With Customers (Topic 606)”, which is effective for public business entities, beginning after December 15, 2017; and private companies for periods beginning after December 15, 2018.READ MORE
On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act.READ MORE
The Tax Cuts and Jobs Act (H.R. 1) is the biggest tax overhaul in over 30 years. With such an extensive revision of the tax code, the Architectural and Engineering industry will be deeply affected by these changes. Below are the key areas that will impact the industry.READ MORE
In the world of Manufacturing and Distribution, many CEO’s and CFO’s are convinced they are simply too busy managing daily business operations and finance to find the time to critically review their company’s day-to-day ERP system processes. While it’s a fact they are busy, there also tends to be a vague resistance to initiate this study, as if it is too big of an initiative for them to successfully manage.READ MORE
While the construction industry has become more informed about the inefficiencies within the current construction process, adopting a Lean approach to improve project planning and efficiencies—resulting in increased client satisfaction—has only been partially assimilated into the industry. The most important challenge to having these cohesive principles adopted by the majority seems to be lack of industry understanding of Lean.READ MORE