From fraud investigation and financial services to government consulting - you name it and accounting advisories offer it.
Partner and Construction Practice Co-Leader, Scott Derco, is quoted in NJCPA Magazine's July/August 2019 issue discussing ways to differentiate yourself as an advisor.
"Indeed, while many firms already have a strategy or best practices in place for advisory expansion, others may simply jump on a niche when they see an opportunity. Regardless of the method, enhancing client satisfaction and revenue growth, for both the firm and the client, is the desired outcome. Scott Derco, CPA, partner at Citrin Cooperman, cautions accounting advisories not to cast their net too wide and try to be all things to all people. "Focus on an industry that makes the most sense and be the go-to advisor," he says."
"Derco recommends setting up an infrastructure that "allows you to be nimble." His firm employs a team strategy to identify and find solutions that impact clients' specific situations and add substance and value."