“I was always meant to be an accountant.
From an early age I liked symmetry and balance.”
While he has a passion for numbers, Don Rhodes, CPA, CCIFP, CGMA, isn’t your typical accountant. He thinks outside the box and is known to be fun. As a partner and the firm’s Construction Industry leader, he works closely with contractors to assist them with their accounting, financial statement preparation, planning, tax and consulting needs.
Don enjoys construction accounting because it is an interesting and complex field that requires human interaction. Lump-sum contracts, which are recognized on the percentage-of-completion basis, are a construction-specific accounting method, that requires engaging with project managers, owners and estimators to properly account for the contract. There are a lot of moving parts.
Don also has a special gift for making sense out of messy situations. Whether it’s cleaning up a set of books or helping a business owner navigate a complex situation, it’s one of the things his clients value most about him.
Don started his career at a small public accounting firm in Pasadena before he opened his own firm. In 1998, Don merged his practice with Brian Jaye’s practice to form what is now known as JRRO.
Don is a member of the California CPA Society and the American Institute of Certified Public Accountants. He holds his Certified Public Accounting (CPA) license, the Global Management Accounting (CGMA) designation. He is also a Certified Construction Industry Financial Professional (CCIFP). The CCIFP is the only construction industry-recognized designation for a financial professional.
Don is an avid (read HUGE) UCLA fan. When he’s not rooting for the Bruins, you can find him spoiling his 3 grandchildren.
If you need someone that knows the ins and outs of construction accounting, give Don a call.