Professional Services

Professional services firms have their own distinct, industry-specific requirements.  Regardless of a firm’s vertical niche, they all have the same goal – to best serve their clients and deliver the results they seek while maintaining a profitable, thriving practice. CCR LLP’s dedicated accounting and consulting solutions help professional services firms increase profitability and set a course for continued growth.

Our tax, accounting and business advisory professionals are committed to maintaining the firm’s position at the forefront of the professional services industry, with staff engaged and devoted to industry associations and professional organizations that are vital to your specific business.

Our specialized services include:

• Budgeting, financial management and profitability analysis
• Financial reporting (audits & reviews)
• Accounting and tax planning
• Compensation review and analysis
• Federal and multi-state tax planning and compliance
• Merger and acquisition assistance, including due diligence services
• Strategic and operational planning
• Structuring partner or member compensation plans
• Ownership transition planning
• Accounts receivable management
• Assist with credit financing
• Governmental contract accounting
  1. Cost accounting standards (CASB)
  2. Federal acquisition regulations (FAR)
• Overhead rate audits
• Support with DCAA audits
  1. Development of overhead and general & administrative cost pools
  2. Consult on establishing allowable cost positions primarily with owner/employee compensation and bonus awards