Professional Services
Group reporting and financial consolidation guidance tailored to professional services firms, covering practice-level reporting, billable hours tracking, and multi-entity partnership structures.
How Accounting Firms Should Choose a Group Consolidation Solution: A Buyer’s Guide for Practice Leaders
When an accounting firm evaluates group consolidation software, the process looks almost nothing like the evaluation a group finance director…
Financial Consolidation for Financial Services Groups: What IFA Networks and Wealth Management Groups Get Wrong in Their Group Accounts
Charlotte is group FD of Meridian Wealth Group, a network of three acquired IFA practices built over the past 18…
Intercompany Staff Secondments in a Professional Services Group: How the Margin Hides in WIP and What to Do About It
Professional services groups routinely second staff across entities. A shared services centre provides analysts to a client-facing consulting firm. A…
Disposing of a Professional Services Subsidiary: Why the Consolidated Gain and the Entity Gain Are Completely Different Numbers
When a professional services group sells a subsidiary — a regional practice division, a specialist consulting arm, or a standalone…
Earn-Outs in Professional Services Acquisitions: Why the Contingent Consideration Accounting Only Exists in Your Group Accounts
Professional services acquisitions are structured differently from most deals. When a corporate group acquires a manufacturing business or a property…
Consolidating an LLP Into a Corporate Group: The Three Questions Your Standard Consolidation Pack Doesn’t Answer
When the group financial controller of a professional services holding company set up the consolidation for the first time after…
Financial Consolidation for Professional Services Groups: How Multi-Entity Consultancies and Practices Get Clean Group Accounts
James is Finance Director at a management consulting group. The partnership was founded in London, opened a Singapore office three…