Moss Adams: Accounting, Consulting & Wealth Management

December 20, 2022

Mr Brazzale said the firm’s corporate finance team was also in demand “despite a slower market for merger and acquisitions in Australia in 2023 to date”. Revenue at the firm, ranked ninth, was up 17 per cent to $326 million in the year. Mid-tier firms including BDO, RSM, Grant Thornton, Pitcher Partners, William Buck and McGrathNicol all had growth of 15 per cent to 18 per cent in FY23. These firms were helped by focusing on core services and a growing perception they provide many of the same services as the big four but at a more reasonable price. PwC helps financial services clients put data and analytics to work to fuel transformation and define the future. EY Consulting includes experienced leaders in every sector, who bring the power of people, technology and innovation together to deliver value and growth for our clients.

  • We're ready to help your business deliver outcomes that make it stand out in the market and grow.
  • The 31st edition of The CMO Survey explores top trends in the world of marketing.
  • Reports and filings required by external stakeholders to comply with regulations and standards.
  • Certain services may not be available to attest clients under the rules and regulations of public accounting.

Also, keep in mind that some prospective clients may request a proposal prior to entering into any type of legal agreement. Evaluate their qualifications, experience, specialized services, and references to find a consultant compatible with your business. By handling complex financial tasks, consultants allow businesses to focus on core operations, increasing productivity and efficiency. Furthermore, since consultants will have access to sensitive financial information, businesses must ensure appropriate confidentiality agreements are in place.

Shifting demographics, changes in consumer behavior, a dynamic tax and regulatory environment, technology, and a multitude of other factors are having a profound impact on the future of accounting. Which types of consultants are in biggest demand will likely change from year to year, as the profession continues to evolve to meet consumer needs. Department of Labor's Bureau of Labor Statistics, the unemployment rate for accountants and auditors was 1.4% in the fourth quarter of 2019. If you’re wondering how to transition into accounting consulting, you’re in good company.

Evolve your digital transformation with the power of real-time insights, end-to-end visibility, and scalable solutions. The survey also compared annual accounting consultant salaries taxpayer bill of rights by geographic and metro regions. For example, a CPA consultant’s average salary in New York City is $106,000 per year, while in Bethesda, MD, the annual salary averages $74,000.

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Others choose consulting because they want greater flexibility and control over their schedules. Some consult between full-time jobs, or on the side while working full time. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Our writing and editorial staff are a team of experts holding advanced financial designations and have written for most major financial media publications. Our work has been directly cited by organizations including Entrepreneur, Business Insider, Investopedia, Forbes, CNBC, and many others.

  • “We expect growth of 8 per cent in 2024, primarily from further expansion of consulting including ESG, cybersecurity, management consulting, data analytics, and fraud and forensic [advisory],” Mr O’Rourke said.
  • Converge brings together the full weight of Deloitte’s market-leading investments in technology, with a trusted network of ecosystem partners, and our firm’s experience and depth in helping clients thrive through disruption.
  • Profitable long-term growth and value-added insights require rethinking what you do with the resources you have in a strategic manner to drive transformative change.
  • Think about who's in your local network to reach out to (for example, professional membership or religious organizations, chambers of commerce, Business Network International, etc.).

Please see /about to learn more about our global network of member firms. Accounting consultants use their finance and business knowledge to provide strategic planning services, helping clients set financial goals, develop budgets, and make informed financial decisions that align with their overall business strategy. Agile, data-driven finance functions have become strategic partners to their businesses.

Our team of reviewers are established professionals with decades of experience in areas of personal finance and hold many advanced degrees and certifications. As the field of accounting consultancy evolves, it will be increasingly important for consultants to stay updated on industry developments and continuously enhance their skills and knowledge. Accounting consultants offer scalability and flexibility that may take work for businesses to achieve on their own. They can identify potential financial risks and recommend strategies to avoid or minimize them, helping businesses avoid costly mistakes and safeguard their financial stability.

Why are accounting consultants important for businesses?

You can work out any problems or issues with your client directly without involving a third party. You would also receive your entire fee from your clients and don't need to give a cut to a staffing firm. Finance Strategists is a leading financial education organization that connects people with financial professionals, priding itself on providing accurate and reliable financial information to millions of readers each year. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

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Advisory services in accounting means the accountant provides expert recommendations, options, and strategies to help business owners achieve their financial and operational goals. Often, accountants bring industry experience, accounting technology and process expertise, financial acumen, and an understanding of the client to develop personalized recommendations. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities.

Manage finance master data for actionable insights

Another challenge is the potential for businesses to become overly dependent on their consultants. This could create problems if the consultant is unavailable when important decisions must be made. Accounting consultants help businesses navigate these complex regulatory landscapes, advising on tax preparation, adherence to financial reporting standards, and understanding and complying with relevant business laws. We provide MDM strategy and roadmap design, data governance, maturity assessments, and master data quality and migration. With an MDM center of excellence, your business can adopt clear data processes and controls. We offer flexible support and program management across people, processes, and infrastructure.


We're ready to help your business deliver outcomes that make it stand out in the market and grow. Genpact's accounting and finance consulting services guide CFOs as they create future-ready finance functions. Our experts help reimagine finance operating models, eliminate the burden of transactional processes, and arm business leaders with intelligent insights. For many business owners, that's exactly what accounting software is like.

From an advisory perspective, your clients may engage you for year-round advice and insights into all areas of their businesses. You work with them directly and routinely to enhance their decision-making and help their businesses grow. This type of advisory relationship differentiates you from other consultants. Compliance services in accounting simply means ensuring the company’s financial records, reports, and filings comply with the applicable regulations and standards for the type of business. Accountants are experts who can identify the applicable regulations and standards, and then assist with preparing the required reports and filings.

Beyond simply managing transactional processes and reducing cost, turn your GBS into a center of excellence that brings growth and innovation to your firm. Stay on top of regulations with an integrated compliance function and our SOX advisory services and internal audit programs. Talk to us about third-party risks, internal controls, and ESG compliance.

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