Professional Services

Professional Services

For professional services entities, one of the predominant business challenges is effective management of their human capital. The ability to effectively manage that capital through monitoring time, understanding pricing, managing overheads, and overseeing cash flow is critical to ensuring a successful practice. 

MichaelSilver has the experience and expertise needed to help address many of the operational and financial challenges faced by professional services firms, including:

  • Law Practices
  • IT Consulting Firms
  • Public Relations Firms
  • Medical Practices
  • Engineering Firms
  • Marketing and Advertising Firms
  • Architectural Firms
  • Management Consulting Firms

We can provide accounting and assurance, tax consulting and compliance, and consulting services to address the unique challenges that professional services firms and their stakeholders face, including:

  • Addressing Complex Income Allocation and Compensation Issues
  • Analyzing Cost Structures and Pricing Strategies
  • Assisting With the Development of Strategies Designed to Support Growth and Profitability
  • Helping Evaluate the Strength of Internal Controls, to Establish “Best Practices” and Help Prevent Business Fraud and Theft
  • Providing Bookkeeping and QuickBooks® Services

Attorney Support Services

MichaelSilver partners with attorneys to provide a range of value added services designed to help them serve their clients, including:

  • Litigation Support and Forensic Accounting
  • Valuation Services
  • Pooled Expense Fund Management
  • Due Diligence
  • Tax Consulting/Internal Revenue Service Issues

Questions?

To learn more about how you can benefit from our services, please contact MichaelSilver's Professional Services Industry leader, Jennifer A. Barliant, CPA, CGMA, Managing Partner, at 847-982-0333 or contact us.

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