Professional Services Accounting

Your certified public accounting partner to help meet your financial goals and maintain compliance with ease

Acclare Solutions specializes in accounting for professional services firms, providing clarity and actionable insights tailored to your business’s unique needs.

Professional Services Firms We Serve

  • Consulting firms
  • Architectural firms
  • Marketing and business development businesses
  • Law firms
  • Medical practices
  • Dental practices
  • Other professional services businesses

Comprehensive Solutions For Your Professional Services Firm

We make your numbers work for you. Our professional services accounting include:

Cash Flow Management

Managing cash flow is critical in professional services organizations to ensure profitability and maintain financial stability. Through our forecasts, monitoring, offering strategies around reducing expenses and improving accounts receivables, we can help you with your cash flow.

Profitability Tracking

We can help your business enhance profitability across all projects through monitoring profit margins and expense management. Specifically, our CPAs offer strategic advice on how to manage overhead expenses and labor costs, including employee wages and billable hours.

As part of profitability tracking, our CPAs can also help design and implement project-based billing systems, ensuring accurate financial metrics and reporting.

Financial Reporting and Planning

Our accounting firm is a leading provider of financial statement audits, reviews and compilations in the region and our focus is to provide financial clarity for various business types within the professional services industry.

Most of our clients are concerned with accurate revenue recognition, which is a focus of our procedures. Our market leading and cutting edge software enhances our efficiency and effectiveness, providing up-to-date insights and customized financial statements tailored to your needs.

We prepare comprehensive financial statements with supplemental schedules to assist management and any other stakeholders that use financial statements to understand the details of your interim or annual financial reporting.

In addition, our business advisory services, including budgeting and forecasting, is designed to support your company’s management with growth objectives and operational efficiency.

Tax Strategy and Compliance

Proactive tax planning strategies, utilizing market leading software, up to date tax expertise, and the support of our BDO Alliance training provide strategic advantages to your firm to ensure tax minimization and deferral strategies are working for your company to preserve cash and capital to support growth objectives. Our well-seasoned staff understands the importance of making sure your firm is compliant with the Internal Revenue Code and state as well as other foreign reporting requirements. We ensure proactively planned and communicated tax payment schedules and tax returns delivered well ahead of statutory deadlines.

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Why Choose Acclare Solutions

25+ Years of Experience with Professional Services Firms

Our deep understanding of the unique needs of architectural firms, engineering firms, medical practices, dental practices, and many other services businesses, allows us to build strong relationships and deliver tailored solutions. Developing great relationships with the your accounting department helps us improve our communication throughout the year. This enhances our effectiveness in delivering success.

National Strength Delivered Locally

As an official BDO Alliance partner, we combine local service with global reach, giving you access to a global team of accountants with diverse experience and proven practices.

Leading Accounting Software

Instead of employing a huge team of CPAs, we use market leading software systems, efficient practices, and secure AI tools to reduce overhead, and improve accuracy—so you get faster, clearer answers and real-time visibility into your financial data without the added overhead.

Business Advisory Services

Few accounting firms offer true business advisory services. At Acclare, we go beyond compliance to become your strategic partner and help grow your business.

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Enhance your financial reporting.

Proactively plan your tax obligations, retain your capital, maximize your profits.

Stay ahead of competition.

Your time is valuable and you have unique challenges that need a personalized accounting services plan. Stop getting bogged down in spreadsheets and start making informed decisions backed by clear, actionable insights with our accounting for professional services firms.

Big Value, Fair Cost.

Your Full-Service Certified Public Accounting and Business Consulting Partner in Maryland

ABOUT

official BDO Alliance partner

Official BDO Alliance Partner

Acclare Solutions is a leading Baltimore CPA and advisory firm dedicated to delivering exceptional customer service and proactive, strategic guidance. With a passion for understanding the business landscape, our team combines an ownership mindset with a commitment to excellence. Our approachable and highly skilled staff ensure you receive personalized support and expert advice, setting us apart from traditional firms.

GET IN TOUCH

Baltimore, MD Office

4 Reservoir Circle, Suite 201
Pikesville, MD 21208
info@acclaresolutions.com
(410) 989-9034 (office)
(410) 541-8458 (fax)

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