McCarthy & Company is Included on Construction Executive's List of Top 50 Construction Accounting

By: McCarthy & Company, PC
LAFAYETTE HILL, Pa. - Aug. 4, 2020 - PRLog -- McCarthy & Company, PC, is pleased to announce that Construction Executive, the leading publication for the business of construction, has included the firm on its list of Top 50 Construction Accounting Firms™ for the second consecutive year. McCarthy & Company was ranked number 39 overall and fourth for the percentage of revenue from construction clients.

"We are honored to be included on this esteemed list of construction accountants," says Martin C. McCarthy, CPA, CCIFP, and the firm's managing partner. "Our team helps construction clients become more profitable by working with them to manage their business, operate more efficiently, sharpen job cost estimates, control operating costs, improve cash flow, obtain financing, and exceed surety bond requirements. "

"Clients engage McCarthy & Company because our team is responsive and knows what tax elections apply to contractors and which accounting methods are best for reducing their tax obligation while maintaining and expanding their bond program," adds David E. Gibbs, CPA, CCIFP, MBA, and partner.

"The firm is well-regarded by sureties, bonding agents, and banks for the high quality of its financial statements and industry knowledge," explains Richard P. Higgins, CPA, and managing principal of the firm's New Jersey office.  "Most of our clients are referred to us by these institutions which is a testament to the quality and value of our work."

Firm members are active in several construction trade associations such as the Construction Financial Management Association (CFMA), National Association of Surety Bond Producers (NASBP), Associated Builders and Contractors (ABC), Architectural Glass & Metal Association (AGMA), Construction Association of Eastern Pennsylvania (CAEP), and Utility Transportation Contractors Association (UTCA). McCarthy serves on CPA Advisory Board for NASBP and the  board for the National Association of Women in Construction (NAWIC) Philadelphia Foundation, and the Council and the Construction Industry Conference Committee for the Pennsylvania Institute of Certified Public Accountants (PICPA). Both McCarthy and Gibbs hold the well-respected Certified Construction Industry Financial Professional (CCIFP) designation from the Institute of Certified Construction Industry Financial Professionals (ICCIFP).

McCarthy can be contacted at 610.828.1900 or More information on the firm is available at

Construction Executive is published by Associated Builders and Contractors Services Corp. Since in 2003, the magazine has served as the leading source for news, market developments, and business issues impacting the construction industry.

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