For general, engineering & specialty contractors

Is Your QuickBooks® Telling the Truth?

A free 12-point financial health check that shows you the bookkeeping and accounting errors quietly shrinking your bonding and banking capacity — and exactly how a surety or banker reads each one.

About 15 minutes, at your own desk. No jargon, no login.

Cover of the QuickBooks Red Flag Report for contractors
The Contractor’s
12-Point QuickBooks®
Red-Flag Check
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What’s inside

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The 12 red flags hiding in a typical contractor’s QuickBooks® — from a balance in Opening Balance Equity to a missing WIP schedule.
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What each error distorts on your financial statements — and how a banker or surety reads it.
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The Bonding & Banking Readiness Scorecard — total your risk in about 15 minutes and see where you stand.
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Plain English, no jargon — a self-check you run yourself, no software or login required.

Why it matters

Sureties set your bonding capacity largely off your working capital and equity — then apply a multiplier. When bookkeeping and accounting errors understate those numbers, they quietly cap two things at once: the bonding capacity that lets you take on bigger jobs, and the credit availability your bank extends on your line of credit. The good news: if bad books are shrinking your capacity, cleaning them up can free up room you’ve already earned. This check shows you where to look first.

Who’s behind it

We’re Scholl & Arensdorf, LLP — CPAs who work with contractors nationwide on bonding, WIP, job costing, and the tax methods built for construction. Between decades in public accounting and our own experience owning and running businesses, we’ve sat on both sides of the table — yours and ours — so we read your statements the way an owner does, not just an accountant.

Your success is our bottom line.

Want a second set of eyes instead?

Send us your financial statement and your WIP schedule and we’ll tell you plainly what we see. No charge, and no pitch afterward unless you ask for one. If your books are clean we’ll say so, and you’ll have an outside opinion worth having before your next bonding conversation.

Ready to see what your books are really saying?

Send me the free check

Scholl & Arensdorf, LLP  ·  Certified Public Accountants

18275 Meadow Song Way, Corral de Tierra, CA 93908  ·  (831) 758-5966  ·  contractor@schollcpa.com

This report is general educational information for construction business owners. It is not accounting, tax, or bonding advice for any specific company or situation. QuickBooks® is a registered trademark of Intuit Inc.; this guide is independent and not affiliated with or endorsed by Intuit.