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People and performance connected

Accounting for professional services firms

Financial reporting and planning for firms where talent, project delivery, owner compensation, and growth are closely linked.

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Professional services

Operating context

In a professional services firm, capacity and profitability live in the same conversation. GWP helps leaders see how pipeline, utilization, collections, hiring, and owner decisions work together.

What the numbers need to answer

The business behind the billable work.

Pipeline and capacity

Connect expected work to the people, timing, and cash required to deliver it.

Project and client economics

See how pricing, time, scope, and collections affect the value of each engagement.

Owner compensation

Coordinate salary, distributions, benefits, and tax estimates with business performance.

Hiring and succession

Model the financial impact of adding leadership, specialists, or future partners.

Often a fit for

Built for the decisions already on your desk.

  • Legal, consulting, design, architecture, and engineering firms
  • Owner-led practices navigating hiring or partner decisions
  • Project-based businesses ready for a clearer management cadence

Industry questions

What leaders often ask first.

Can you help us understand which work is actually profitable?

GWP can help structure reporting around the information your systems capture, then connect project, client, and staffing patterns to the financial results.

Can planning include future partner or succession decisions?

Yes. Forecasting and tax planning can help frame the financial implications before a transition is documented or announced.

A clearer next step

Let’s talk about your firm.

Bring the operating question. We will help identify the financial work behind it.

Talk with an advisor