Edwards, Ellis & Associates

Accounting for Professional Services Firms

Edwards, Ellis & Associates, P.C. has the expertise to help. We help businesses and individuals with accounting services, tax services, advising and more.

Edwards, Ellis & Associates: CPAs Committed to Your Professional Services Firm’s Success

Being a professional services firm ourselves, Edwards, Ellis & Associates, P.C. understands the challenges of operating in the professional services industry. Like you, we spend more time than we would like managing our own income and expenses, cash flow, and taxes. 

We feel your pain.

That’s what makes us the ideal CPA firm for you. Our deep understanding of the issues and challenges of managing a professional services firm helps us provide business advisory expertise to a wide variety of professionals, including:

  • Physician practices
  • Dental practices
  • Optometry practices
  • Law firms
  • Real Estate firms
  • Consultants
  • Architects
  • Engineers
  • Marketing agencies
  • Advertising agencies
  • Insurance agencies
  • Financial consultants
  • And others

EDWARDS, ELLIS & ASSOCIATES, P.C. Accounting Services for Professional Services Firms

Our expertise spans all types of professional services, from architects and engineers to law firms to creative agencies. We help firms both large and small with a full suite of services, including:

  • Accounts payable (bills and payments)
  • Accounts receivables (invoices and collection)
  • Daily General ledger maintenance
  • Time tracking & job cost reporting
  • Payroll processing
  • Expense classification
  • Sales commissions
  • Sales and use tax filing
  • Bank account reconciliation
  • Credit card reconciliation
  • Balance sheet generation and review
  • Employee compensation and benefits

EDWARDS, ELLIS & ASSOCIATES, P.C. Advisory Services for Professional Services Firms

We also advise and consult on the following topics:

  • Professional practice setup (proprietorship, corporation, partnership, or limited liability company)
  • Cash management 
  • Compensation planning
  • Retirement plans
  • Buy-sell agreements
  • Consulting to help you increase the value of your company
  • Succession planning
  • Selling of your business 
  • Mergers and acquisitions
  • Business valuations
  • Customized monthly, quarterly, or annual financial reports
  • Tax planning and preparation services
  • Personal financial planning 
  • Education 
  • Retirement planning

 

A Professional Services CPA Firm You Can Trust

Are you interested in a no-obligation consultation? Contact Edwards, Ellis & Associates, P.C. today to learn how we can help your professional services firm succeed.