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Our Industries

 We are ready to serve your needs.

Smart Partnerships = Strong Capacity + Resources

We are also very creative in our approach to capacity building. We have started an unprecedented strategic alliance with iconic CPA firms.  One such partnership is with Deloitte.  This partnership is bringing us stronger capabilities and transit experience. We have performed joint financial statements audits with other CPA Firms.  We believe that a partnership like this is a win-win situation for both firms. We also formed partnerships with other small firms as needed.

 Click to see our capability statement

 

Industries

Choosing an accounting firm to handle your accounting services is one of the most important choices you can make. We at Richardson & Associates accounting firm specializes in industry specific accounting rules for our clients. We are aware of accounting procedures, regulations, policies and procedures that are specific to our clients.

We continuously research and keep current on regulations, issues, and accounting changes, and trends specific to our clients industry. We keep your books accurate and legal as well as deliver financial information with monthly updates on cost saving ideas, IRS tax credits in the works, and alerts on expenses that appear out of the standard norm.

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Construction

In this current environment of economic downturns, new trends are emerging in the world of construction for architectural and engineering firms.  

New trends also show that firms are seeking to develop government projects.  However, government projects require a completely new set of rules and accounting requirements.  Let us help navigate you through these new requirements like audited overhead rate in accordance with the Federal Acquisition Regulation (“FAR”), allowable cost, and proper financial recording. 

Richardson & Associates understands the accounting nuances of the constructions industry. We are very adept at working with the percentage-of-completion method requiring the accountant to measure and make judgments concerning the reasonableness of estimates provided by the subcontractors. Our background in construction goes back over twenty years.

  • We perform consulting services and developed a unique Integrated Project Delivery (IPD) model for a team of construction companies to help determine the best method for calculating the overhead and profit rates.

See Messer Spotlight Article 

We performed services for:     

                                                                

Messer Construction
GBBN Architects
Fosdick & HLMER , Inc.
THP Limited, Inc.
The Nelson Stark Company
Peck - Hannaford & Briggs Company
Poineer Cladding & Glazing Systems,LLC
The Archiable Electronic Company
RWB Construction
ECS Contractors

 
Government and Municipalities

Government recognizes that the current status quo is no longer an acceptable way to do business. The community expects a lean, efficient, cost effective, green, industrialized ran government. They expect cost conscious decisions to be made regarding procurement and operations. But, government tends to operate few steps behind business practices followed by non-government entities. In today’s economy, government agencies are challenged to work within budget cuts. The good news is that Richardson & Associates is able to help you meet those challenges. Richardson & Associates provides assistance with:

  • Cost reduction –Reducing expenses is only the beginning. What should be examined is
  • Redundancy
  • Compliance
  • Payments – oversights, processes
  • Acquisition and procurement
  • Human resources 

Energy and Innovation

Richardson & Associates is the business consultant for some international petroleum and oil companies.   

  • As the independent accountant, Richardson & Associates team is currently performing several agreed-upon procedures that have/will help Marathon meet its innovative alternative energy solutions.
  • Richardson & Associates is helping clients address industry challenges by providing innovative consulting solutions to further its strategic objectives.
  • Write energy related grants.

Great News: The United States Department of The Treasury just awarded over $1.3 million to our client a large petroleum company for the completion of the Solar Panel Project. We are proud to be a part of this federally recognized Specified Energy Property. Our due professional care and competency was a major component of this success.  Congratulations to our 1603 project team! 

Universities

Universities face an overwhelming number of regulations, we can help.

Richardson & Associates and The University of Cincinnati(UC) co-staffed for UC's internal audit function. Our well-trained staff teamed up with UC internal auditors to test various audit sections.  

Health Care

In today's competitive market, all health care providers strive to reduce the cost and improve efficiencies to provide better patient outcome. Richardson & Associates fully understands the challenges facing health care providers as well as potential strategies to help ensure their success in the future. Our team has great experience auditing local hospitals. We have all the expertise and skills needed for health care claims audits, compliance audits, and operational audits etc. 

We take care of your books for you, so you can get back to the job of running your business and generating profits.
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We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
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We offer a variety of services to help make sure that you are taking full advantage of Quickbooks' many features.
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We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.
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We offer one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
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© Richardson & Associates, LLC 2019