Industries

Public Relations, Advertising & Media

Overview

The public relations, advertising and media industry is dealing with major changes. The internet and social media have radically altered the way business is conducted. Global competition and increased consolidation have added further complications to an already complex business environment. Organizational structure and administrative functions need to be as efficient and as effective as possible. Firms require the tools and information necessary to develop the long-range strategic vision necessary to ensure healthy, sustainable growth.

From initial start-up through the various cycles of their business growth, success in this new world means getting relevant tax, accounting, and business advice from experts who have strong industry knowledge. Budgeting, cash flow projections, profitability analyses, revenue recognition, nexus, and strategic tax planning are some issues agencies need to address.

Anchin’s team currently serves some of the most well-known agency names in the industry, including the top privately-owned firms. Whether you need an operational review, a capacity study, due diligence for a merger or acquisition, or the traditional range of accounting, auditing, and tax services, Anchin provides services optimized and customized for the unique structure and environment in which public relations and advertising agencies operate.

Tailored Services

Accounting, Audit, and Taxation

  • Financial reporting
  • Budgeting and forecasts
  • Obtaining bank financing
  • Profitability analysis
  • Cash flow projections
  • Pension planning
  • Retirement planning
  • Tax planning and compliance
  • Estate planning
  • Revenue recognition
  • Nexus issues

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Management and Information Systems Consulting

  • Succession planning
  • Operations review
  • Software selection, implementation, and support
  • Time and billing systems
  • Internal control review
  • Accounting systems
  • Document imaging
  • Capacity studies
  • Disaster recovery planning
  • Merger and acquisition consulting/due diligence

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