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Firm
Overview
ACG is a diversified tax practice focused on serving the high
technology and global transportation markets. Our client base
is composed predominantly of companies audited by the Big
4 accounting firms. Approximately 80 percent of our clients
have international operations, virtually all have multi-state
operations and approximately 20 percent are publicly traded.
ACG is led by former Big 4 partners, including a former high
technology international tax partner and the former national
lead partner of transfer pricing. Combined with other former
Big 4 professionals, ACG is dedicated to providing its clients
with the quality and expertise expected from a Big 4 firm
but at a fee structure comparable to that of a local accounting
practice.
Firm Model
ACG was founded to provide the services of senior-level
tax partners at affordable rates to early stage to mature
companies in the high technology and global transportation
industries. The firm specializes in domestic and international
tax consulting and compliance services. ACG has grown rapidly
as clients have elected to supplement their existing accounting
firms with the highly focused, efficient and cost-effective
services provided by ACG.
ACG has emerged to fill a need created by a major shift
over the last 12 years in the structure of the tax departments
of the major accounting firms. Historically, a single senior
partner was responsible for all facets of a client’s
tax planning and compliance needs. Today, the senior partner
and manager are focused mainly on tax compliance and selling
tax products. When specific tax issues arise, they assemble
ad hoc teams of specialists to address them. Although this
delivers highly specialized advice to clients, this approach
is often time consuming and costly.
By contrast, ACG assigns a core team of professionals to
provide long-term continuity and proactive advice. Because
our practice is tightly focused, you will receive closer
attention and faster responses to your inquiries. Our ongoing
relationships with our clients enable us to execute research
and consultation projects more efficiently, billing on an
as-needed, hourly basis rather than on a product
basis.
Our success as a firm can be summarized as follows:
• At ACG we work closely and efficiently with our
client’s existing accounting firm and legal counsel.
ACG is widely networked with leading international accounting
firms around the world.
• Our tax professionals have skill sets equal to
those at the Big 4 and provide broad-based practical and
operationally oriented tax advice at fees lower than those
charged by the Big 4.
• Our tax advisors are proactive, rather than reactive,
in identifying the needs of a company.
• Access to tax advice on an as-needed hourly basis
rather than on a product basis.
Sarbanes Oxley
In the current Sarbanes Oxley environment, many companies
are considering the separation of audit and tax services.
For public companies, what was previously only a consideration
is migrating to a mandate. We believe that ACG can assist
in bridging this need.
In order to separate audit and tax services, a company may
select another Big 4 firm, creating potentially cascading
budgeting issues, or a non-Big 4 firm. In the selection
of a non-Big 4 firm, companies need a tax practice that
can accommodate not only the basic needs from tax provision
preparation to tax return compliance, but a firm that can
identify tax issues on a technical basis and coordinate
with the company to determine its best practical and operational
alternatives. Moreover, companies also need a firm with
the expertise and background to effectively coordinate with
the company’s auditors on the appropriate treatment
of such issues from a GAAP perspective.
With former Big 4 professionals, we believe that ACG has
the expertise and practical understanding of the business
environment to assist you in this post-Sarbanes Oxley environment.
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| Copyright
Alan Chinn Group, An Accountancy Corporation 2004 |
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