Engineering and construction

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Jonathan Hook
Global leader
Engineering & construction
Tel: +44 (20) 7804 4753
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Michael Burak
Global & US tax leader
Industrial products
Tel: +1 (973) 236 4459
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Highlights

Engineering growth: Q1 2012

Engineering and construction deal numbers continued to deteriorate in the first quarter of 2012 and reached the lowest number of transactions in the past 12 quarters. Deal values also suffered, declining more than 14% sequentially.

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Building confidence: Subject matter specialists in government contracting enhance quality and reduce risk

Engineering and construction companies may find opportunities in purchasing contracts from federal, state or local governments. Using construction subject matter professionals in government contracting can help.

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Under construction: Current financial reporting issues impacting the engineering and construction industry

An exposure draft released by the FASB and IASB proposes a reporting model that will impact current revenue recognition under both US GAAP and IFRS for the engineering and construction industry in transfer of control, identification of performance obligations, determining the transaction price, and accounting for warranties.

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Material gains in sustainability: The business case for the construction products sector

The construction industry must work more closely with government to deliver improvements in energy, resource and carbon efficiency. Much of the industry sees sustainable construction as an opportunity, based on the evidence from this survey.

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