Professional Services
Accounting & CFO Services for Professional Services Firms
We provide the tools and insights to help you operate efficiently, scale profitably, and prepare for what's next.
Time-Based Revenue Recognition & Tracking
Align your accounting system with project milestones, hourly billing, retainers, and value-based pricing models.
Project & Client Profitability Analysis
Understand where you’re earning and where margins are slipping—by client, partner, project, or service line.
Cash Flow & Working Capital Management
Manage uneven billing cycles, retainers, AR collections, and contractor payments with forecast-driven cash planning.
Partner Compensation & Draw Strategies
Structure tax-efficient partner income distributions, bonuses, and profit-sharing arrangements.
Payroll, Bonus & Contractor Management
Support salaried staff, billable contractors, and incentive structures while ensuring compliance across jurisdictions.
Multi-Entity & Multi-State Compliance
Support for firms with national clients or remote teams, including sales tax nexus tracking and multi-entity consolidations.
KPI Dashboards & Forecasting
Track billable utilization, realization rates, EBITDA, and other performance indicators with dynamic dashboards.
Fractional CFO & Succession Planning
Work with a CFO advisor to build a 3–5 year strategic growth plan, evaluate acquisition opportunities, or prepare for internal succession.
Financial Solutions Designed for Professional Service Firms
Maximize Billable Time, Streamline Operations & Plan for Sustainable Growth
In professional services, time is your inventory and talent is your biggest asset. But without reliable financial insight and smart forecasting, even the most in-demand firm can run into profitability and cash flow challenges. Berndt CPA specializes in accounting, tax, and strategic advisory services for legal practices, consulting agencies, healthcare groups, creative firms, and other firms. We help you manage your finances by:
- Understanding Your Model – Billable hours, realization rates, revenue per FTE, utilization targets—we speak your language.
- Tailored Tools – We help integrate accounting platforms with time tracking, CRMs, and project management tools like Big Time.
- Client & Partner Insight – Gain clarity into client-level margins, staff leverage, and partner performance.
- Compliance & Tax Strategy – From pass-through entities to personal tax planning for partners, we have you covered.
Who We Serve
- Law Firms & Legal Practices
- Marketing, PR & Creative Agencies
- Healthcare & Mental Health Practices
- Consulting & Advisory Firms
- Architectural & Engineering Firms
- IT Services & MSPs
- Multi-Partner, Multi-Office Service Businesses
Turn Expertise Into Scalable Profitability
Whether you’re a boutique agency or a growing national firm, Berndt CPA delivers the financial insight and operational strategy you need to grow with confidence.
Book a Strategy Session to discover how our accounting and CFO services help professional firms thrive—on their terms.
