Quick Answer: Our accounting consulting services combine ongoing accounting operations — bookkeeping, monthly close, controller oversight — with industry-specialized advisory: job costing for contractors, trust accounting for law firms, DCAA compliance for government contractors, and tax strategy for owner-operated businesses nationwide.
Accounting Consulting Built Around Your Industry
Generic accounting tells you what happened last quarter. Consulting-grade accounting tells you what to do next — and that requires an accountant who already knows how your industry works. Precision Accounting & Consulting serves clients nationally from our Melville, NY base, organized by industry rather than by service line, because a WIP schedule question and a trust account reconciliation are not answered by the same playbook.
Industries we specialize in
- Construction: construction accounting, job costing, WIP schedules, and certified payroll for prevailing wage work.
- Law firms: law firm accounting and trust accounting with three-way reconciliation.
- Real estate: property and investor accounting, CAM reconciliation, and lease accounting.
- Government contractors: DCAA-compliant accounting systems, timekeeping, and indirect cost structure.
- Import/export businesses: landed cost accounting, duty drawback, and tariff refund analysis.
- Restaurants and franchises, medical and therapy practices, e-commerce sellers, and international/foreign-owned U.S. entities.
What the Engagement Looks Like
- Bookkeeping and monthly accounting: clean, industry-structured books delivered on a close calendar.
- Controller services: oversight, internal controls, and management reporting.
- CFO advisory: cash flow forecasting, pricing, margin analysis, and lender-ready reporting.
- Tax planning and preparation: entity structure, credits, and code-based strategies documented properly.
How We Work With Clients Nationally
Our engagements run on cloud accounting platforms, shared document workflows, and scheduled video reviews — the same cadence whether a client is on Long Island or in Texas. State-specific compliance (payroll registrations, sales tax, prevailing wage) is handled per state, and our published research library covers both federal and state-level rules our clients face.
FAQs
What is the difference between accounting consulting and bookkeeping?
Bookkeeping records transactions. Consulting interprets them and changes decisions — pricing, staffing, entity structure, financing. We deliver both, because advice built on messy books is guesswork.
Do you replace an in-house accountant?
Sometimes. More often we sit alongside an office manager or in-house bookkeeper as the controller/CFO layer — review, reporting, tax strategy, and specialized compliance.
Do you only work with New York businesses?
No. Our client base is national. New York depth — prevailing wage, sales tax on construction, trust accounting rules — is a specialty, not a boundary.
How do fees work?
Flat monthly engagements scoped to your volume and complexity, so advice is never metered by the hour.
Talk to Us
If your accountant files your return but cannot answer operational questions about your industry, that is the gap we fill. Contact us for a consultation.
Consulting engagements often surface a problem a one-off project cannot fix. Where the underlying issue is that nobody senior is looking at the numbers each month, ongoing outsourced accounting is usually the better answer.
Clients occasionally ask what else sits alongside the advisory work. our Wellness Program is one of those pieces, aimed at the wellbeing of the people behind the numbers.