engineering-accountant

Your Engineering Accountant Quick Guide

It’s crucial to choose an engineering accountant who can proactively minimize your tax burden by up to $1M/year, while helping you to grow your profits.

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engineering-accountant

Top Engineering Accountant Platforms

The Importance of a Specialized Engineering Accountant

60%

of small business owners have limited financial
knowledge

According to Accountancy Age, the biggest fear for small business owners handling their own accounting is making a mistake. This is probably because 60% of small business owners have limited knowledge when it comes to the financial and accounting aspects of their business.

98%

of small business owners who have an accountant feel more confident about their business

Nine out of ten small business owners believe that their accountant plays a key role in the success of their business. In fact 10 out of 10 of the small businesses who have a CPA say other businesses should get one too and 98% said their accountant gives them more confidence in their small business.

44%

of business owners believe their accountants are more reactive than proactive

A large portion of small business owners don’t feel their accountants are coming through for them. For example, 44% claim their accountants are more reactive than proactive, with 36% experiencing timeline issues, 32% lacking sufficient guidance, 29% feeling their accountants don’t offer advice, and 23.6% not being adequately educated by their accountants.

We’ll Integrate with Your Cloud Accounting Software

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Engineering Data Management
Regulations You Need to Know

Data management regulations are essential in engineering accounting to ensure accurate financial reporting and compliance with industry-specific standards, safeguarding sensitive project and financial data. These regulations help mitigate risks related to data breaches, fraud, and errors, while also fostering transparency and trust with stakeholders.

Occupational Safety and Health Act

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Occupational Safety and Health Act

The Occupational Safety and Health Act (OSHA) of 1970 is a U.S. federal law designed to ensure safe and healthy working conditions for employees by setting and enforcing workplace safety standards. It created the Occupational Safety and Health Administration (OSHA) to regulate and monitor compliance, offering training, outreach, and assistance to prevent workplace injuries, illnesses, and fatalities.

The False Claims Act

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The False Claims Act

The False Claims Act (FCA) is a U.S. federal law that imposes liability on individuals and companies who defraud governmental programs by submitting false claims for payment. Enacted in 1863, it includes a “qui tam” provision, allowing whistleblowers to file lawsuits on behalf of the government and share in any recovered damages, helping to combat fraud and protect public funds.

The Assignment of Contracts Act

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The Assignment of Contracts Act

The Assignment of Contracts Act, enacted in 1989, allows federal contractors to assign their rights to payments under government contracts to financial institutions as collateral for loans. This act facilitates access to financing for businesses working with the U.S. government, by making it easier to obtain credit using contract payments as security.

How Do We Save You $10K+ to $1M+ in Taxes?
Using Our “Tax Planning” Strategies

The Tax Plan For Current Year & Beyond
Deduction Review & Strategy Planning
Legal Entity Optimization Across LLC, S Corp, Partnership
Retirement Options To Save While Minimizing Taxes
Insurance Review To Protect Assets & Reduce Taxes
TCJA, FFCRA, CARES Review For Liability Minimization
IRS & Court Case References Support Positions
Core Strategy Implementation
Business Tax Preparation
Quarterly Estimated Payments
Quarterly Core Tax Planning & Implementation
Quarterly 1-On-1 Review Tax Position

Looking for More Advanced Strategies?

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Asset Protection

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Tax-Advantaged Wealth

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Exit & Capital Gains

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Niches Specific

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International

Your Financial Partners

With 27 years of experience, we specialize in best-in-class tax minimization strategies, personalized advisory, and technology-driven efficiency.

We formed Accountant Partners so business owners like yourself would receive partner-level value in accounting, reporting, and strategic advisory, providing real-time insights that help minimize your tax burden and maximize profitability.

Our holistic approach ensures quality-consistency, efficiency, and peace of mind communication, allowing you to focus on what you do best.

As your trusted partner, we aim to build a strong, long-lasting relationship to grow your business profitably and create a long lasting advantage towards continuous success.

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Allan Bayer | Accountant Partners
Partner

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Trusted by Sarasota Business Owners

 
Lauren Thompson | CEO

Rae Ost Accountants in Toronto
"Accountant Partners have been helping me file my taxes for the last several years, including my complex business taxes for a multi-state business. I'm extremely happy with their services and they have worked hard to find ways to save my money. I highly recommend them!"
 
Will Elroy | Business Owner

Jen Sietsma
"One of my business partners referred me to Accountant Partners a couple of years ago. They've been filing my business taxes as well as providing me with some financial growth and CFO services. They are a small team yet extremely knowledgeable on small business taxes. They were immediately able to identify ways for me to save money, via some deductions I hadn't been taking advantage of and some other general recommendations. I highly recommend them to any small business owner looking to take their business to the next level."
 
Georgine Correa | President

Jenna
"Doing my own business taxes was getting complicated, messy, and stressful. Mine became even more complicated during the pandemic and I was going crazy dealing with the IRS. Then I found Accountant Partners and they have been a tremendous help! Their CPAs are very personable and give high-quality service I haven't seen anywhere else. I highly recommend them for other struggling business owners!"

We Strive for World Class Service

Call/Email Response Within 24 Hrs

Call/Email Response Within 24 Hrs

Schedule of Service Delivery

Schedule of Service Delivery

Upfront Fixed Fee

Upfront Fixed Fee

Engineering Accounting Experts

Engineering Accounting Experts

Multiple Points of Firm Contact

Multiple Points of Firm Contact

Proactive CPAs

Proactive CPAs

Constantly Innovating!

Constantly Innovating!

Switching Accountants Is Easier Than You Think

Switching accountants only seems like a major pain in the butt…
But in reality, it’s a brief communication with your current accountant:

“It’s time for a new direction. Please send my books over to Accountant Partners. Thank you for your service.”

Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.

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Fixed Price

The Only CPA Firm with a Pricing Guarantee

Our pricing guarantee is simple: If we don’t quote you upfront for the work, we don’t expect you to pay. Whether that’s in our first engagement with you, or it’s in 20 years from now.

You’ll never receive an unpleasant surprise in our invoicing.

Our guarantee makes it a no-brainer to work with Small Business Accountant Sarasota.

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Book Your Free Consultation

If you’re looking to grow your business and willing to listen to new and better ideas, then we’re the trusted Small Business Accountant for you.

During our initial consultation, we’ll review your immediate needs and provide a course of action with a fixed-fee quote (no surprise bills here).

FAQs

Why do engineers need an accountant?

Engineers need accountants to manage financial aspects of projects, such as budgeting, cost estimation, and expense tracking. Accountants provide valuable insights into financial viability, help ensure compliance with regulations, and assist in financial reporting, allowing engineers to focus on their technical work while maintaining sound financial practices.

What skills should an engineering accountant possess?

An Engineering Accountant should possess strong analytical skills, proficiency in accounting software, and a solid understanding of engineering principles. Effective communication, problem-solving abilities, attention to detail, and project management skills are also crucial for budgeting, cost analysis, and financial reporting in engineering projects.

What’s the difference between an engineering accountant and a general accountant?

Engineering accountants specialize in the financial aspects of engineering projects, focusing on cost analysis, budgeting, and project management. In contrast, General Accountants handle broader financial tasks, such as bookkeeping and financial reporting, across various industries without specific emphasis on engineering principles.

What are the key numbers to focus on as an engineering accountant?

As an Engineering Accountant, key numbers to focus on include project costs, budget variance, gross margin, cost per unit, return on investment (ROI), cash flow, utilization rate, and overhead rate. These metrics provide insights into profitability, efficiency, and financial health of engineering projects.

Your Next Steps

Request a Consultation

Book a Free Consult

We’ll review your immediate needs and provide a course of action to help you save money on taxes and grow your business.

How We Helped a Business Grow & Exit for $1.7M

Read the Case Study

See how one business owner unlocked $1M in capital.

Engineering Accountant Locations Near You

Small Business Accountant Denver

7755 E. Quincy Avenue #59
Denver, CO
80237

(720) 741-6886

New York City

1 (518) 252-8080

Small Business Accountant Riverside

Chisholm Rd,
Riverside, CA
92506

(951) 904-6363

Atlanta Small Business Accountant

212 Amy Overlook
Atlanta, GA
30349

(678) 403-6888

Small Business Accountant Detroit

13216 Crofton ave
Detroit, MI
48215

(313) 217-9099

Small Business Accountant Sacramento

4830 Watt Ave #15
North Highlands, CA
95660

(916) 234-5999

Austin Small Business Accountant

4711 E Riverside Dr Unit 2430
Austin, TX
78741

(512) 540-3553

Small Business Accountant San Antonio

415 Shannon Lee St
San Antonio, TX
78216

(210) 428-665

Bakersfield Small Business Accountant

Kleinpell Ave,
Bakersfield, CA
93309

(661) 387-2266

Small Business Accountant Huntington Beach

7259 Seaworthy Dr
Huntington Beach, CA
92648

(657) 300-6966

Small Business Accountant Oklahoma City

338 Whispering Ln
Newcastle, OK
73065

(405) 251-8828

Small Business Accountant San Diego

888 Summer Moon Rd
San Marcos, CA
92078

(415) 599-7575

Small Business Accountant Charlotte

1206 Georgetown Dr
Charlotte, NC
28213

(704) 327-0909

Small Business Accountant Irvine

7595 Irvine Center Dr
Irvine
CA 92618

(949) 518-1717

Small Business Accountant San Francisco

2407 Lincoln Way
San Francisco, CA
94122

(415) 599-7575

Small Business Accountant Chicago

3940 N Nordica Ave
Chicago, IL
60634

(872) 219-0440

Small Business Accountant Long Beach

Park Ave,
Long Beach, CA
90803

(562) 247-5225

Small Business Accountant Ottawa

6 Young Road
Ottawa, ON
K2L 2X2

(343) 304-6454

Small Business Accountant Miami

1401 SW 22nd St
Miami, FL
33145

(786) 321-3033

Small Business Accountant Pembroke Pines

2010 NW 150th Ave ste 202
Pembroke Pines, FL
33028

(754) 238-0525

Small Business Accountant Toronto

68 Ontario St
Toronto, ON
M5A 2V1

(647) 722-5914

Small Business Accountant Mississauga

2175 Dunwin Dr
Mississauga, ON
L5L 1X2

(365) 305-0333

Small Business Accountant Phoenix

3225 W Galvin St
Phoenix, AZ
85086

(623) 254-4666

Small Business Accountant Vancouver

68 Ontario St
Toronto, ON
M5A 2V1

(647) 722-5914

Small Business Accountant Dallas

5065 Amesbury Drive Suite 308
Dallas, TX
75206

(214) 628-7121

Small Business Accountant Rancho Cucamonga

Gallery Dr
Rancho Cucamonga, CA
91730

(909) 660-8811

Three Reasons to Work With Us

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A Focus on Owner-Managers

Our practice is organized to serve private companies and their Owners. We offer exceptional service that is focused on increasing profitability, preserving wealth from tax and increasing your net worth.

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Proven Track Record

We’ve been consulting Business Owners for over 15 years. Small Business Accountant Irvine is dedicated to your success and treats your business as if it were our own.

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Expert Solutions to Your Problems

New problems arise every day for Business Owners. We offer Partner-level attention and implement tailored solutions to your tax, accounting, and other business problems.

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Consult with a Small Business Accountant in Sarasota Today.

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