Construction Accounting & Taxation published an article by Director Marissa Pepe Turrell, on best practices in valuation of construction companies.
Construction Accounting & Taxation
By Marissa Pepe Turrell, Director, Advisory Services
Financial reporting convention, fixed asset and debt structure, bonding, backlog, and the economic environment all must be taken into consideration in the valuation of any company, but particularly for construction companies. These factors can influence the selection of the valuation approach and methods and also introduce complexities to such detailed analyses as working capital, which can have a large impact on value.