If you are a professional services firm, you will need more than your own expertise to fuel your organization’s growth. You need established business relationships, a firm financial foundation, and a strategic understanding of your industry. Most importantly, professional service firms, especially those in Los Angeles and Orange Counties, need to retain talented employees who can bring value to their clients. You can be confident that Song & Co CPAs will handle your accounting functions, freeing you to focus on running your company.
Song & Co CPAs, a professional accounting firm in Los Angeles and Orange County, has years of experience working with law firms, engineers, designers, advertisers, and other professional service industries. While each industry faces unique complexities and challenges, we are well-equipped to help you achieve your financial goals. As your accountants and advisors, Song & Co CPAs provides exceptional accounting, insightful management consulting, and effective auditing to maximize your business’ profitability and lower your tax burden.
In addition to our core tax services, we offer the following for professional service firms:
- Analysis of trust account activity for compliance with State Bar rules
- Budgeting
- Cash flow analysis
- Compensation strategies
- Development of partner accountability criteria
- Development of systems and internal controls protect assets
- Financial forecasts and projections
- Operating procedures
- Profitability analysis
- Review of fee agreement wording