Professional Services

Trusted advisors to professional services firms and their shareholders.

Startups need to build relationships and market presence. Established firms expect to handle major engagements. The bottom line, however, remains the same for most professional services firms: partners want growth to maximize fee income and profit sharing.

Whether you’re a solo practice building market presence or a multinational firm navigating international tax compliance, the Professional Services practice of FORVIS can monitor your internal accounting and financial performance as you take on larger clients, invest in talent and infrastructure, and expand your service footprint.

Contact us to learn how FORVIS is working with legal, staffing, consulting and other professional services firms to help maximize value, meet compliance needs, and streamline operations.

Assurance

Growth, particularly rapid growth, demands effective oversight. We help mitigate risk, ensure compliance, and measure efficiency for increased profitability. FORVIS’ assurance and related services for professional services firms include:

Audits, Reviews & Compilations
Accounting Standards Implementation
Due Diligence Accounting for Acquisitions and Mergers
Employee Benefit Plan Audits
Fraud and Forensics
Internal Audits & SOX Compliance
IFRS Audits and Reporting
IPO & SPAC Readiness
IT Audits
Outsourced Accounting Services
SEC and Public Company Audits
SOC Reports, Including SOC 1, 2, and 3 Engagements

Tax

Our comprehensive tax resources can address the domestic and international tax compliance and tax savings opportunities for both professional services firms and their shareholders.

Accounting Method Reviews
ASC 740 Income Tax Provisions
Coordination of Foreign Country Compliance & Reporting
Employee Stock Ownership Plan (ESOP)
Incentives & Credits Planning
Multistate Planning & Nexus Studies
Multinational Inbound & Outbound Tax Planning
Partnership Tax Strategies and Compliance
R&D Tax Credits
Tax Return Preparation (Federal, State, Local, & International)
Tax Transformation
Transfer Pricing

Advisory

You emphasize customized client service, so you expect the same from your service providers. At FORVIS, we customize a wide range of resources and advisory services to help meet your changing needs, with a partner to manage our relationship with your firm.