We would like a flyer designed that we can pass out at a trade show to managing partners of accouting and consulting firms that we are trying to sell our services to. Information we would like to include:
-Our website (http://www.beechvalley.com)
-What we do (described below - CPAs on-demand)
-How we can help (provide high quality CPAs when your firm is understaffed)
-Why Beech Valley (save time and money while getting higher quality resources, all with public accounting experience)
THE FOLLOWING IS A WRITE-UP OF OUR SERVICES THAT WE CREATED IN THE PAST WHICH MAY BE USEFUL:
Beech Valley Solutions provides accounting firms with on-demand auditors and tax professionals, allowing firms to manage the seasonal nature of the profession.
It’s no secret that audit and tax are relatively seasonal professions. Most companies have calendar year-ends, and clients immediately begin putting the pressure on their accounting firm to ensure work is completed and deadlines are hit.
It’s also no secret that this puts accounting firms in a serious bind.
They may already have staffing concerns, and then a senior associate or manager leaves in November or December. Meanwhile multiple proposals may be out to win new work.
Is it possible to deliver high quality work without running your top employees into the ground?
Beech Valley Solutions solves the seasonality staffing problem for top national and regional accounting firms.
For the past two busy seasons, Beech Valley has been solving this problem for top CPA firms, including a top 30 firm nationally and one of the largest accounting firms in the Southeast. Our customers are relying on us to fill last-minute needs for Associate through Senior Manager level resources capable of leading fieldwork on some of their largest and most valued audit clients.
We set ourselves apart from other staffing firms through quality.
Beech Valley exclusively places on-demand CPAs who have significant experience in public accounting. A typical on-demand CPA has the following characteristics:
• Big 4 or other reputable firm experience leading fieldwork of public and private company audits and tax engagements
• Advisory experience streamlining financial reporting or solving complex tax matters for cutting edge companies
• Technical accounting experience over complex accounting areas, such as revenue recognition, goodwill impairment, leases, and debt modifications
We have an extensive vetting process, managed by two former PwC auditors, that ensures that each of our CPAs excel in the following areas:
• Soft skills: Will this professional represent your firm well to the client?
• Technical expertise: Does this CPA have relevant experience that will allow them to hit the ground running?
• References: Were they committed to meeting deadlines and able to make important judgment calls to keep their engagements moving forward?
How does Beech Valley retain these top CPAs?
By 2020, it is estimated that 40% of the labor force will be independent contractors, and the accounting field is not immune to that same trend. We attract high-performing, self-starting CPAs that embrace the benefits of the gig economy to our team. To date, we have been extremely successful retaining our talent, and in turn our customers that rely on the same CPAs year over year.
But how expensive is it to pay CPAs an hourly rate throughout busy season?
Let’s do the math:
Typically, a professional with 5 years public accounting will have an hourly cost of $85-$95/hour, and most firms we work with have required approximately 500 hours per professional per busy season.
Hiring a professional with similar experience would require a salary of around $80,000, which comes to a total annual cost to the employer of around $105,000 (factoring in a 30% uplift for training, payroll taxes, and benefits).
At a rate of $85/hour for a professional with similar experience for 500 hours per year, the total cost would be $42,500.
And this doesn’t even begin to consider the costs firms saved in recruiting additional resources.
In short, we help accounting firms meet deadlines, increase quality, and save significant time and money.