Guide to Contractor Financial Statements

Manage finances more effectively and accurately while making informed business decisions through planning and analysis.
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What can our guide help with?
Our guide simplifies complex concepts and provides clear explanations to help improve your understanding of financial data used in the construction industry.
  • Financial planning and analysis
    Get strategies to help you forecast future financial performance, manage budgets, and allocate resources efficiently.
  • Performance evaluation
    Evaluate your business's financial performance over time, identifying areas for improvement and growth opportunities.
  • Securing funding
    Financial statements are essential for lenders and investors to assess your business’s viability when securing your funding or loans.
  • Compliance and reporting
    Learn about the financial reporting requirements and compliance standards contractors must follow.
  • Tax preparation
    Explore how your financial statements can simplify tax preparation and filing — and help you take advantage of tax deductions and credits.
  • Bonding
    To assess your financial health, bonding companies may require review or audited financial statements, which can boost credibility and bonding capacity.
Access CLA’s Guide to Contractor Financial Statements
With clear explanations, practical examples, and useful insights, our guide aims to enhance your ability to make informed decisions based on financial data. Complete the form below for access.