Business & Professional Services Accounting
Business and professional service companies provide a broad range of specialized technical and knowledge-based advisory services. Service providers may vary across different industries, but their role is the same: to offer expertise, experience, and specialized knowledge to help clients and customers achieve their goals. And today’s evolving marketplace brings a heightened focus to support an organizational culture that attracts and retains top talent, while navigating changes in technology that impact the overall client and customer service lifecycle. As a professional service company, Maxwell Locke & Ritter understands the unique challenges these businesses face.
Strategic Solutions for Business & Professional Service Companies
Business and professional service companies encompass a diverse array of specialties, each presenting its own distinct set of challenges. Our experienced team works with you to create a custom plan to address your specific financial and professional services accounting needs, allowing you to stay focused on serving your clients.
The Power of ML&R’s Business & Professional Services Accounting Experience
Service companies encounter distinctive growth challenges, and our team of experienced CPAs and advisors excels at solving complex problems. Whether your focus is on tax or audit compliance or advisory services, Maxwell Locke & Ritter’s expert team delivers comprehensive solutions and actionable insights toward your financial goals. Reach out to ML&R today to collaborate with a firm dedicated to finding solutions and adding value as your strategic partner.
Targeted Services for Business & Professional Service Companies
- Financial Statement Assurance & Advisory
Audit, other assurance, and advisory services provided by experienced CPAs with a focus on efficiency, providing a critical analysis of your operations and strengthening your system of internal controls.
- Assurance
- Audit
- Review
- Examination
- Advisory & Other
- Agreed-Upon Procedures
- Financial Statement Compilation
- Financial Statement Preparation
- GAAP Advisory, including Revenue Recognition under ASC 606
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- Assurance
- Tax Compliance & Advisory
Specialized tax advisory and compliance services aimed at maximizing available incentives and ensuring compliance with tax regulations specific to the business and professional services industries.
- Federal, State, and Local Income Tax Advisory and Compliance
- Equity-based Compensation
- Entity Classification and Structuring
- Income Tax Accounting and Reporting (ASC 740)
- Succession Planning
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- Risk Assurance & Advisory
Customized risk management and regulatory compliance solutions specifically designed to meet the needs of your company, customers, and regulators.
- Assurance
- SOC 1, 2, & 3 Examinations
- Advisory & Other
- SOC Readiness
- Internal Controls Assessment
- IT Assessment & IT Framework Mapping
- HIPAA Risk Assessment & Gap Analysis
- HITRUST Readiness & Ongoing Support
- Internal Audit Outsourcing & Co-sourcing
- ISO Readiness & Internal Audit
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- Assurance
Partnering with ML&R to Reach Your Goals
In the business and professional services landscape, the right accounting partner can truly make all the difference. When you choose Maxwell Locke & Ritter, you will have a strategic partner with experience successfully navigating the challenges you face. Let our expert team simplify your complex professional services accounting needs and support you in achieving your next financial milestone.
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