Accounting Consulting Services

If you’re selling your consulting services through an accounting firm or management firm, you may not have to look very far for https://www.facebook.com/BooksTimeInc consulting clients. If you’re putting up a new independent contractor shingle, you will need to market and sell yourself to various companies and individuals in order to bring in the new consulting engagements. Marcum LLP is a national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Since 1951, clients have chosen Marcum for our insightful guidance in helping them forge pathways to success, whatever challenges they’re facing.

Finance consulting services

That doesn’t mean that you won’t have additional consulting opportunities with that same client in the future; it just means that you handle them one at a time as they arise. There’s another practical difference between serving as a traditional accountant and becoming an accounting consultant; namely, it’s how you get paid. Conventionally, accountants bill for time spent, whereas a consultant usually provides up-front pricing for specific consulting engagements, above and beyond the hourly billing for compliance and technical services. Being an accountant can mean far more than preparing tax returns, compiling financial statements, handling technical compliance work or providing back-office accounting services. It’s becoming increasing popular for many CPAs to offer their services in an accounting consultant capacity, which is a bridge to becoming the holistic trusted advisor consumers are looking for in today’s economic climate. Marcum’s Assurance Services group provides independent audit, attestation, and transaction advisory services to both publicly traded and privately owned companies in a wide variety of industries.

Professional Employer Organizations

A consulting gig is typically temporary, designed to help your client with a specific problem or situation, such as determining which entity type is the best for their new venture. You would consult on that, offering an analysis from an accounting and tax perspective, based on the business, the client’s goals and objectives, and specific needs. Once the client has chosen an entity structure, your consulting job is done.

• We know the importance of working with an accounting consultant who understands your ambitions and reasons for seeking assistance.
• Other risks to consider are possible suspension or loss of the CPA licensure or other sanctions, as well as reputation costs and lost client costs.
• Generally speaking, your clients will expect a fixed fee for consulting services.
• Business owners and managers choose Marcum for our pragmatic, industry-focused insights.

Advisory Director Heather Wilson explores expanded IRS initiatives and investigations for The Legal Intelligencer

Read our white paper, How accountants work from home successfully, to discover specific steps you can take now, along with insights into how you how is sales tax calculated can effectively manage your business remotely. Learn how to start an accounting advisory business in our white paper. No matter the timing of your transition to accounting consulting, you will need to plan your new business in advance. There may be additional training or education to help you specialize in a particular type of consulting, but there are also other considerations that require some forethought. Learn how to start an accounting advisory business in our white paper.

United States Support

• Marcum’s Maritime Group is uniquely positioned to guide vessel owners, lessees, and maritime industry executives through ever-changing tax rulings.
• For optimum profitability, many middle market companies operate lean accounting and finance departments.
• Economic disruption can magnify the crucial aspects of your advisory-centric relationships.
• We are proud to celebrate 30 years as a premier professional provider of strategic finance and accounting consulting services in the Venture Capital market.
• More specifically, auditors are actually prohibited from recommending any product or service if the auditor receives a commission or referral fee.
• You will still stay in the driver’s seat when implementing change throughout your company — our accounting consultants listen to your requests and ideas before coming up with a plan of action.
• Some have gone as far as to call for auditors — particularly the “big four” — to be banned from offering consulting services to their audit customers.

For nearly 30 years, Kranz Consulting has advised and supported entrepreneurs and founders through the complexities of building high-growth businesses. RSM’s technical accounting consulting (TAC) services offer in-depth financial reporting knowledge and objective financial advice for all stages of your business’ life cycle. Our team’s experience is cultivated by strong company finance and deep technical knowledge among a variety of industries. With this breadth of experience, we are able to offer you a unique perspective and help you navigate myriad technical accounting and financial reporting situations. RSM’s accounting and finance optimization team helps your organization prepare for an audit and ensure you are ready for any diligence or liquidity event at any time.

Master data management (MDM) for finance

• Marcum is a national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals.
• PAC can help you streamline your business operations and help you gain more control of your finances.
• Full familiarity with the intricacies of your company is the key to our exceptional consulting services.
• Marcum provides services to regional carriers and large insurance groups, in addition to insurance agents, MGAs, MGUs and reinsurance companies and intermediaries.
• The future CPA is one who provides consulting services through an advisory lens – offering more than compliance work and serving as a more holistic business partner.
• An ongoing survey by Indeed shows that the average salary for accounting consultants in the United States is $78,960 per year (as of April 2020).

Select professionals in our network can also serve as expert accounting consulting witnesses for you. With this service, you can hire the right individual to represent you in a court of law. The survey also compared annual accounting consultant salaries by geographic and metro regions.