Consulting

GDP declines have firms counseling their clients on how to cope with a worrisome economy.

Client accounting services has been hugely successful as a service offering, but CPA.com's Erik Asgeirsson and Kalil Merhib say firms need to evolve toward the next stage: client advisory services.

EY’s potential IPO of its consulting activities could trigger stock windfalls of as much as $8 million each for the consulting partners, compared to $2 million on average for audit partners.

Regardless of whether they have reached retirement age, owners must identify the “why” of exiting their business as a first step. Transitions are often entwined with personal relationships, finances and emotions.

There are several ways to get started in offering CAS to clients.

Earn a lifelong client because they can’t imagine not having you and your practice as a part of their business.

Dealmaking in the consulting world has slowed after a record-setting pace in 2021, but demand for digital expertise along with a shakeup at one of the Big Four accounting firms should keep the deals flowing.

As with a theater production involving many different roles, a knowledgeable director is required for a winning performance.

Deloitte is denying a report this week that it plans to spin off its audit practice as a separate entity from its consulting practice as rival Big Four firm Ernst & Young contemplates such a move.

New money and new jobs have positive taxing implications for the host community.

The combination is a powerful tool, as long as the taxpayer and their advisor are familiar with the interaction of these tax laws.

Accountants who guide business owners through the exit-planning process can not only deepen their relationships, but also create new revenue streams.

Offering these services gives firms a competitive edge, advances and deepens client relationships, and opens doors to new opportunities.

EY-Parthenon, the strategy consulting business of Ernst & Young, has acquired Quantitative Scientific Solutions (QS-2), a Washington, D.C-based technology consulting firm that specializes in scientific, engineering and analytics.

Accounting, like every client service career, is all about people, with a side of savviness for numbers thrown in for good measure.

The firm is merging in a regulatory compliance firm in Little Rock, Arkansas, ahead of a megamerger with another Top 20 Firm, Dixon Hughes Goodman.

Clients who demand a lot of time with constant calls about proposed transactions may need a special way to handle the billing for them.

Many of our clients pay us for the deliverables they must have, but they retain us because of the unspecified extras we give to them.

Economic development credits and incentives programs traditionally are applied to two areas: new investment and new jobs.

Clayton, Dubilier and Rice is acquiring PwC’s Global Mobility Tax and Immigration Services business; Sikich is buying PA Group USA; and Withum is merging in MM&Co.