The most important asset to any professional service firm is its people. The firm’s profitability is based largely on the productivity of its professionals. Our knowledge and experience allow us to identify cost saving ideas as well as methods to improve and monitor professional productivity.
We assist organizations with their internal accounting functions including day-to-day bookkeeping functions and client billings. Professional billing rates, billable hours, client collections and write-offs are all monitored with the goal of increasing firm profitability. Our industry knowledge combined with our tax and business experience is reflected in every aspect of each client's engagement.
- Firm Accounting
- Operation Assessments
- Cost Control Initiatives
- Compensation Strategies
- Attorney / Firm Transition Planning
07.21.11 Harry Cendrowski and Walter McGrail author "Two Options for Tax Whistleblowers". The article compares whistleblower provisions of the Dodd-Frank Act with those contained in the Internal Revenue Code and demonstrates that, in most instances, tax whistleblowers will prefer to report issues to the Internal Revenues Service rather than the Securities and Exchange Commission.
12.01.10 John Alfonsi and Walter McGrail author "Taxation of Pass-through Entities". The article discusses income tax rules that apply to partnerships, multiple-member LLCs, S-corporations and, to some extent, REITs and RICs.
10.27.10 Harry Cendrowski and Adam Wadecki author "How Proper Incentives and Governance Create Long-Term Value." The article discusses the primary components of executive compensation plans, and the manner in which these components vary by the stage and maturity of an organization."
06.4.10 Harry Cendrowski and Jim Martin author "Proper Handling of Internal Investigations: Lessons from infoGroup" for the National Association of Corporate Directors (NACD). The article provides guidance for board members and audit committees regarding the conduct of internal investigations. It also provides detailed lessons learned from a recent SEC investigation of an audit committee chairman for his conduct in an internal investigation.
01.15.10 John Alfonsi and Walter McGrail author, "Partnerships and S Corporations: Not All Flow-Through Entities are Created Equal," in the January/February 2010 issue of The Value Examiner.