Professional Services Accounting


We understand the Professional Services Industry.

As professional service providers, we are focused on providing our clients with outstanding customer service. We understand that immediate client needs sometimes get in the way of long-term planning.

That’s why we formed a dedicated professional services accounting team within the firm—we know our clients in this highly competitive industry need innovative accounting and consulting services that will boost profitability.  We create cost-effective solutions and offer big picture strategic thinking.

Our team of accountants understand the struggles and knows the methods needed to provide solutions to firms in the services industry. We specialize in the following:

We’ll work with you to minimize your taxes, improve cash flow and on more specialized needs like mergers and acquisitions or transitioning your business through succession planning.

In addition to business services and payroll, assurance, and tax compliance services, we offer the following services to professional services firms:

  • Compensation Planning
  • Budgeting and Forecasting
  • Business Valuations
  • Cash Flow Management
  • Employee Benefit Plans
  • Mergers and Acquisitions
  • Partner and Employee Compensation Plans
  • Pension and Profit Sharing Plans
  • Profitability Analysis
  • Succession Planning

As a professional services firm, we understand the difficulties of running your business. Whether it is the complications of partner buy in, office administration issues, or compensation strategies weighing your practice down, we are here to help. Contact one of our specialists to learn more about Cornwell Jackson’s service offerings.

Knowledge Base – Professional Service Organization Articles

PSO KPI WP Download

Professional Service Organizations Benefit from Practical KPIs

A well-managed PSO anticipates change with the right key performance indicators — helping leaders look ahead instead of always over their shoulders.

 

Pages from 2015 Survey of Law Firm Economics

2015 Survey of Law Firm Economics

The National Law Journal’s Survey of Law Firm Economics, 2015 Edition (based on 2014 data) is one of the most comprehensive, accurate and up-to-date set of economic statistics and financial data available for the legal profession and environment.