Architecture & Engineering (A&E)

Overview




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 Stephens.

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

Grassi & Co. also offers Cyber and Information Security services, providing needed peace of mind by helping you understand risk profiles, recognize potential threats, determine risk tolerance and create a cyber and information security roadmap and program. 

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!

Team

Pasquale Rafanelli Valuation Senior Manager

Press release

Carl Oliveri of Grassi & Co. Elected President of CICPAC

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).
 

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Newsletters & Alerts

The Nuts & Bolts of the Changes in Revenue Recognition

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. 

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EAlert: IRS Issues Workarounds for SALT Deduction

On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act. 

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EAlert: Tax Reform Impact on A&E Industry

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.

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Maximizing Your ERP Investment

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.

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