SUPPORTING SERVICE-BASED GROWTH

Professional Services Accounting, Tax & CFO Support

OUR CLIENTS

WHO WE SERVE

Professional Service Firms We Support

We work with a wide range of professional service businesses, including:

Partners

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Let’s Strengthen the Financial Side of Your Firm

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Financial Confidence For Professional Service Firms

FAQ

Frequently Asked Questions

Professional services accounting helps service-based firms manage tax planning, financial reporting, profitability, partner compensation, and long-term growth strategies.

A professional services CPA understands the financial needs of firms that generate revenue through expertise, billable time, retainers, and client relationships.

Consulting firms, agencies, law firms, design firms, healthcare practices, and many other service businesses benefit from accounting for professional services.

Yes. Greenwood Ohlund provides CFO support to help firms improve margins, forecasting, hiring decisions, and growth planning.

Yes. We assist firms with ownership structures, reporting clarity, succession planning, and strategic decision-making.

RECENT NEWS

Latest Updates and Insights from Greenwood Ohlund

Accounting professionals using AI-assisted financial dashboards to analyze business performance

How Outsourced Accounting and AI Can Help Your Business Flourish 

A practical look at how AI can make outsourced accounting faster, more insightful, and more valuable to management  Artificial intelligence is changing the accounting profession, but the biggest opportunity is not simply automating bookkeeping.  The greater opportunity is combining AI with outsourced accounting professionals to produce faster financial information, stronger analysis, better documentation, and more useful insight for management.  For

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Business leaders reviewing monthly financial statements after month-end close

Why Closing the Books on Time Matters for Better Business Decisions

One of the most common reasons organizations come to Greenwood Ohlund (GO) for outsourced accounting and CAS services is surprisingly fundamental: They are not closing their books and receiving monthly financial statements on time. Timely financial reporting is critical because management cannot make informed decisions without accurate, current financial information. A consistent month-end close gives leadership visibility into revenue, expenses,

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CFO presenting financial information at a board meeting

Why Your CFO Should Attend Board Meetings

Better Financial Oversight, Transparency, and Governance Should the CFO Attend Board Meetings? In most organizations, yes, the CFO or senior financial leader should regularly participate in Board meetings, particularly when financial performance, budgets, forecasts, cash flow, organizational risk, or long-term strategy are being discussed. The reason goes well beyond presenting financial statements. Having the CFO at the Board table creates

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