Business Details
Expert Construction & Real Estate Accounting Services
Morrison, Clark & Company is a specialized accounting firm dedicated to serving construction and real estate businesses. Founded by Scott Morrison, our firm combines deep industry expertise with a unique approach we call Full Circle Accounting. We focus on solving financial challenges, implementing long-term strategies, and providing tailored guidance to help clients navigate complex tax laws and regulations. Our team of CPAs and financial experts brings decades of combined experience in construction accounting, tax planning, and strategic advisory services. We pride ourselves on understanding the intricacies of the construction and real estate industries, offering services such as preparation of financial statements, tax returns, ERISA audits, and recruitment assistance.Our proprietary methodology ensures clients receive comprehensive support that aligns with their business goals, legacy planning, and compliance requirements. We maintain strong relationships with bonding agents, sureties, and bankers to enhance client credibility and operational efficiency. Our commitment to excellence is reflected in our recognition as a 2020 Best Place to Work by the Phoenix Business Journal. Through personalized service and a focus on innovation, we empower clients to optimize their financial performance and achieve lasting success.
Services
Construction Accounting
Tax Planning
Financial Statements
ERISA Audits
Strategic Advisory
Highlights and features
- We specialize in construction and real estate accounting with decades of industry-specific expertise
- Our Full Circle Accounting approach provides long-term financial strategy implementation
- CPA-led team with deep knowledge of construction tax laws and regulations
- We maintain strong relationships with bonding agents and sureties to enhance client credibility
- Recognized as a 2020 Best Place to Work by Phoenix Business Journal
Services
Construction Accounting
Our construction accounting services combine industry-specific expertise with tailored financial management solutions. We help contractors navigate complex tax regulations, ensure compliance with bonding requirements, and optimize financial reporting. Our approach integrates strategic planning with day-to-day accounting needs to support business growth and operational efficiency.
Tax Planning
We provide comprehensive tax planning services designed for construction and real estate businesses. Our team specializes in multi-state tax compliance, AMT considerations, and percentage-of-completion accounting methods. Through proactive tax strategy assessments, we help clients minimize liabilities while maintaining full regulatory compliance and maximizing bonding capacity.
Financial Statements
We create surety-acceptable financial statements that serve as strategic business tools. Our reports go beyond basic compliance to provide actionable insights for decision-making. These living documents help contractors demonstrate financial strength to bankers, bonding agents, and other key stakeholders while supporting long-term business planning.
ERISA Audits
Our ERISA audit services ensure compliance with IRS and Department of Labor requirements for qualified retirement plans. We help clients prepare for audits, conduct systems reviews, and address common compliance issues like bonus payment withholdings. Our team provides proactive guidance to minimize audit risks and maintain plan integrity.
Strategic Advisory
We offer strategic advisory services that connect financial planning with business operations. Our consultants provide guidance on financial strategy implementation, recruitment assistance, and operational improvements. Through our Full Circle Accounting approach, we help clients align their business decisions with long-term financial goals and legacy planning objectives.
People
Scott Morrison
Founder
Founder with deep expertise in construction accounting, Scott Morrison combines automotive restoration passion with financial strategy. He developed the firm's Full Circle Accounting approach, focusing on solving complex financial puzzles for construction businesses.
Shaun Clark
Managing Partner CPA
Managing Partner and CPA with extensive experience in construction accounting. Shaun leads the firm's strategic direction while maintaining hands-on involvement in client service delivery and quality assurance.
Jason Phillips
Audit Partner CPA
Audit Partner and CPA specializing in construction industry financial reporting. Jason oversees audit engagements and provides technical expertise on complex accounting issues facing construction and real estate clients.
Justin Jensen
Tax Partner MBA CPA
Tax Partner with dual expertise in accounting and business strategy. Justin leads tax planning initiatives and advises clients on optimizing their tax positions while maintaining compliance with industry regulations.
Paula Edmonds
Tax Team Manager CPA
Tax Team Manager and CPA overseeing day-to-day tax operations. Paula manages tax return preparation and provides specialized support for multi-state tax compliance and reporting requirements.
Questions
What construction-specific accounting services do you offer?
We provide construction accounting, tax planning, financial statements, ERISA audits, strategic advisory, and recruitment assistance tailored to the unique needs of construction and real estate businesses.
How do you help with bonding and surety requirements?
We create financial statements specifically designed for bonding agents and bankers, helping clients increase bonding capacity and demonstrate financial strength through our industry-specific reporting expertise.
What tax planning services are available for contractors?
Our tax planning includes multi-state compliance, AMT considerations, percentage-of-completion accounting, and post-year-end strategy assessments to optimize tax positions while maintaining regulatory compliance.
Do you handle ERISA plan audits for construction companies?
Yes, we perform ERISA audits for plans with over 100 participants and offer pre-audit systems reviews to help construction companies maintain compliance with IRS and Department of Labor requirements.
What makes your firm different from general accounting practices?
We specialize exclusively in construction and real estate accounting, with CPAs who understand industry-specific challenges and opportunities. Our Full Circle Accounting approach combines technical expertise with strategic business guidance.
How do you stay updated on changing tax laws?
Our team actively monitors regulatory changes affecting construction and real estate, participates in industry organizations, and maintains direct communication with tax authorities to ensure our clients receive current, accurate guidance.
