AURA_OFFICEPHOTOS-24

Helping Professional Services Firms Scale Effectively

Professional service companies like architecture, interior design, engineering, and consulting firms face unique accounting challenges that require industry expertise.

AURA has specialized accounting experience to help your professional services firm optimize profitability and financial management, manage risk and analyze your client portfolio, and enhance cash flow management and financial forecasting.

With AURA’s professional services accounting expertise, we ensure your firm can focus on growth and client success while we navigate the accounting complexities that professional services firms face while helping you to maximize profitability.

Contact Us for Expert Consulting
AURA_OFFICEPHOTOS-18

Why Professional Services Firms Need Accounting Expertise

Professional services firms often encounter:

  • Complex billing and cash flow issues common in project-based work
  • Challenges allocating resources accurately across projects
  • Difficulty tracking time and costs accurately across projects and clients
  • Accurate and effective financial projections

AURA’s accounting services are designed to empower your firm by implementing practical financial management processes, optimizing financial operations, and providing decision-making insights to improve profitability and efficiency.

We become your strategic partner, helping you increase visibility, reduce inefficiencies, and align your business operations with your growth goals.

Book Free Consultation

Why Choose AURA?

AURA specializes in the operational and financial complexities of professional service firms such as architects, interior designers, and engineers. With our customized accounting and financial consulting services, we help firms improve profitability, streamline workflows, and ensure financial success.

Our industry-specific solutions, combined with expert guidance, allow you to focus on what you do best—serving your clients—while we take care of your accounting and overall financial health.

About Us

Experience Seamless Consulting with AURA

Managing finances and operations is essential for the success of professional service firms. AURA offers a smooth, efficient process to help your firm grow and improve.

  • 1

    Discuss your goals and explore how our services can best support your firm’s success.

  • 2

    Securely share your financial data, and we’ll create a strategy tailored to your professional services firm’s unique needs.

  • 3

    Implement the plan with AURA’s expert guidance to optimize your accounting process and maximize your firm’s profitability and growth.

Get Started

Empowering Professional Services for Long-Term Success

AURA helps professional services firms overcome operational challenges, enhance profitability, and ensure long-term business success. With our tailored consulting solutions, you can gain greater clarity, streamline processes, and focus on delivering value to clients.

Partner with AURA for expert consulting that meets your operational and financial needs so you can focus on growing your business.

Schedule a Free Consultation Today!

Frequently Asked Questions (FAQ)

AURA has extensive experience with project-based firms across industries like architecture, engineering, and design. We understand the complexities of project-based accounting, resource and cost allocation, and cash flow management, making AURA your ideal strategic partner in optimizing your firm’s financials and operations.

AURA implements revenue recognition strategies based on individual discussions with its clients, utilizing an accrual-based accounting approach that considers percentage-of-completion and completed-contract methods following ASC-606 revenue recognition principles, ensuring compliance and accuracy in managing long-term projects. We help you record revenue and expenses to ensure accuracy in your firm’s overall financial health.

We streamline accounts receivable by improving invoicing processes and recommending optimal collection techniques. AURA's cash flow forecasting solutions help your firm anticipate financial needs, manage delayed payments, and ensure smooth operations throughout project lifecycles.

AURA analyzes your project data to identify high-margin projects and areas of inefficiency. We help optimize costs, allocate resources effectively, and implement strategies to improve margins, ensuring that your projects remain profitable and aligned with your financial goals.

Yes, AURA provides strategic advice on mergers, acquisitions, and partnerships as well as capital raising and structuring. We evaluate potential deals, perform financial due diligence, and ensure the alignment of acquisitions with your long-term financial goals, helping your firm expand wisely and sustainably.

AURA identifies potential risks, such as scope creep or contract disputes, and helps develop mitigation strategies. Our approach ensures you can confidently manage contracts, meet deadlines, and navigate regulatory challenges, minimizing risks in project delivery and payments.

AURA integrates accounting, financial, and operational strategies into a cohesive plan that aligns with your growth objectives. By aligning these areas, we ensure that every financial decision supports your business goals, helping your firm maintain a unified approach to business growth and profitability.

AURA leverages industry data to assess your firm’s performance and identify areas for improvement. Because we specialize in working with clients that bill on a project basis, we have in-house expertise and data that we can leverage to close performance gaps and maximize profitability, ensuring you remain competitive and aligned with best practices in your sector.

AURA provides fully customized solutions tailored to the unique needs of each professional services firm. We understand that no two firms are the same, so our strategies are designed to address specific business goals, industry challenges, and operational requirements.

Yes, AURA specializes in setting up KPIs and robust data visualization dashboards and performance monitoring systems that provide real-time insights into your firm’s operations. We help you define key metrics, track progress, and improve decision-making to enhance overall business performance.

AURA assists firms with sustainable growth by optimizing accounting processes, financial management and operational strategies. Whether you’re expanding into new markets or increasing your client base, we help you scale efficiently without overstretching your resources, ensuring long-term success.

Instrumental to our growth

“The AURA team has been a huge help to our business. In addition to providing timely and accurate accounting services, Brandon and Derek’s guidance have been instrumental in our growth. We greatly value their partnership and highly recommend AURA Accounting Services.”

laura-brophy
Laura Brophy
Designer, Laura Brophy Interiors
So What's Next?
Contact our team for a free consultation

AURA Accounting Solutions

2280 University Drive, Suite 102

Newport Beach, CA 92660

949.799.1920

solutions@auracfo.com

AURA Accounting Solutions is not a CPA firm

Copyright 2024 AURA