At H&CO we are always looking for ways to improve our client experience and service offering, for this reason, we are proud to announce that our firm has merged with EFA Audit Services, to provide high-quality audits, reviews and compilations.
EFA was founded in 1974 by Emilio F. Alvarez and specializes in providing accounting, audit and consulting services that help construction companies throughout South Florida increase their profitability and success.
Under Emilio’s guidance EFA has become a national leader in construction and real estate accounting. As the new partner of H&CO’s Audit Division, Emilio will guide the overall strategic function and objectives of the Audit Team.
Emilio has over 40 years of experience serving clients in the construction industry throughout the United States. He is also the author and presenter of many seminars on the subject of construction accounting and auditing to banks, sureties, government authorities and CPA groups.
Emilio F. Alvarez
Managing Partner | Audit Division
Many of GAAP’s requirements benefit private businesses and their financial statement users. But, for some contractors, the limited value doesn’t justify the additional cost and complexity. Recognizing this, the FASB has recommended four FASB-accepted accounting alternatives that private construction businesses may use to ease the burden of complying with GAAP.