Construction
Surety bonding lines, joint-venture reporting, percentage-of-completion accounting, and FRO requirements for Florida general contractors and specialty trades.
View postsIndustry-specific insights on financial statement audits in Florida — statute updates, lender and bonding requirements, and practical guidance for the sectors that drive the state’s economy.
Each industry faces its own audit-triggering events — bonding lines, lender covenants, regulator filings, statutory thresholds, ownership transitions. Pick the one that fits.
Surety bonding lines, joint-venture reporting, percentage-of-completion accounting, and FRO requirements for Florida general contractors and specialty trades.
View postsInventory valuation, tariff disclosure considerations, bank covenant compliance, and revenue recognition for Florida manufacturers and distributors.
View postsASC 606 revenue recognition, tourist development tax audits, brand-standard financial reporting, and multi-property consolidation for Florida lodging operators.
View postsSIRS-driven reserve disclosures, post-Surfside reporting requirements, and Chapters 718 and 720 audit and review thresholds.
View postsFederal single audit threshold changes, Florida Single Audit Act compliance, and FDACS solicitation registration audits and reviews.
View postsAudits driven by ESOP transitions, partner buy-outs, private-equity roll-ups, and succession planning for Florida law firms, medical practices, and advisory firms.
View postsChapter 560 money transmitter audits, Chapter 494 mortgage business filings, and regulator-required financial statement audits for Florida-licensed entities.
View postsFannie/Freddie project review tightening, insurance-driven covenant changes, and lender-required consolidated statements for Florida developers and holding companies.
View postsThe Dec. 31, 2025 SIRS deadline has come and gone. For the first time, condo associations in Florida are required to fully fund the eight structural reserve components in their 2026 budgets — and those numbers have to be reflected accurately in audited financial statements.
Read postSurety underwriting in Florida has tightened, and contractors who once secured bonding on a quick application and a personal credit pull are finding that the documentation requirements have moved up a tier — with reviewed and audited financials increasingly the price of admission.
Read postThe latest round of U.S. tariffs is moving from a supply-chain concern to a financial-reporting one. For Florida manufacturers approaching year-end, the question is no longer just “what does this cost us?” but how it shows up in the audited statements lenders are about to read.
Read postSeveral years into ASC 606, Florida resort and hospitality operators are still finding that the revenue-recognition standard reaches into more of their financials than they expected — and 2026 audit findings are reflecting that.
Read postFor fiscal years on or after October 1, 2024, the federal single audit threshold rose from $750,000 to $1 million. Florida’s state single audit threshold stayed at $750,000 — creating a compliance gap that’s catching nonprofit boards by surprise.
Read postFlorida law firms, medical practices, and advisory firms that have spent decades running off compiled statements are increasingly being asked for full audits — driven by private-equity roll-ups, ESOP transitions, and partner buy-outs.
Read postFlorida licensees under Chapter 560 face a calendar that many newer operators underestimate: GAAP-audited financial statements within 120 days of fiscal year-end, plus quarterly reports and a renewing OFR exam cycle.
Read postFannie Mae and Freddie Mac issued sweeping condominium and HOA project-eligibility updates in March 2026, raising reserve requirements and eliminating limited-review shortcuts. For Florida developers, the audited financials at the center of those reviews just got a lot more important.
Read postIf your association, nonprofit, or business is weighing its options for this year’s audit — or facing one for the first time — a short, no-obligation conversation can clarify a lot.
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