For decades, food and agribusiness companies nationwide and internationally have relied on Forvis Mazars to provide tailored strategies for unique issues and challenges. We understand industry challenges such as seasonal cash flow, unpredictable commodity prices, food safety concerns, and changing regulations that impact your business. As you seek to conduct effective business from both an operational and cost perspective, Forvis Mazars works with you to help improve efficiencies, manage costs, and reduce tax exposure. 

Clients we help include:

• Cooperatives
• Distributors
• Manufacturers
• Producers & Processors
• Professional Services
• Retailers – Independent Grocers & Food Supplies

The energy sector is in a period of rapid change with optimism for the future. From the surging demand for renewable energy to continued reliance on traditional energies, companies are developing creative solutions and clear paths to meet the global demand. 

The Energy & Natural Resources practice at Forvis Mazars offers extensive industry knowledge, experience, and skills to organizations across the country. Coupled with our personable and attentive culture, Forvis Mazars is the trusted advisor of choice for companies looking to create and sustain momentum. 

Highlights of our practice include:

• Serving various clients, including upstream, midstream, downstream oil and gas, chemicals, oilfield services, utilities, renewables, and minerals
• Offering energy-specific thought leadership to keep you informed on the top issues affecting the industry
• Acting as advisors to all levels of the corporate structure at energy organizations: boards, executives, and operations

The manufacturing industry is undergoing transformational changes demanding manufacturers develop innovative solutions to help them stay ahead of the curve. From the continuing supply chain disruptions to labor shortages and the increased digitization of the industry, companies in this sector have obstacles to overcome. 

Our Forvis Mazars professionals can help. With our depth of experience in this industry across a wide range of sectors, we can deliver tailored services to help you meet the current challenges head-on and build on your success.

Our qualifications include:

• National Industry Leader Matt Wood serves on National Association of Manufacturers Board of Directors.
• Forvis Mazars has served manufacturers since our founding more than 100 years ago.
• We offer MWD-specific thought leadership to keep you informed on the top issues affecting you.

The retail industry continues to experience tremendous change in customer behavior, sourcing, operations, and technology. To keep moving forward, retailers need to stay ahead of issues and be proactive in addressing them. Forvis Mazars provides retail industry, tax, assurance, and consulting services with consideration for your business, brand, and culture to deliver an Unmatched Client Experience^®.

Our Forvis Mazars professionals offer industry guidance and technical experience to help our retail clients navigate their unique situation.

We build relationships with key industry organizations to stay abreast of trends and leverage our technology alliances to further support client needs. Forvis Mazars is recognized by Trintech and Workiva as a Strategic Alliance Partner. We work with these organizations to deliver services to help standardize and centralize financial reporting processes while driving greater transparency and automation initiatives.

We serve a wide variety of organizations from national to regional companies and our clients comprise a variety of sectors, such as:

• Automotive Parts & Accessories
• Electronic Shopping & Mail Order
• Food Service Contractors
• Gasoline & Convenience
• Home Improvement
• Luxury & Specialty
• Pharmacy & Drug
• Restaurants & Food Services
• Supermarkets & Grocery

From environmental practices and driver shortages to regulatory compliance and tax liabilities, transportation and logistics companies need to strategically navigate many obstacles to expand growth opportunities and reduce risk.

As the industry’s complexity and competition increase, Forvis Mazars can help your business with assurance, tax, and consulting services. Whether you’re looking to manage costs, expand the use of technology and data tools, or explore capital planning options, our experienced industry professionals can offer tailored services to help you manage challenges and build on your success.

Clients we help:

• Air
• Carrier
• International
• Maritime
• Rail

Successful architecture and engineering firms keep a grip on overhead and an eye on net operating income. Forvis Mazars’ architecture, engineering, and related professional services team can help with that and more, including robust internal accounting procedures, accurate financial reports, proactive tax planning, and tailored consulting support.

Whether you’re a growing or an established firm, we want to be your trusted advisor for helping drive efficiency and stability. Our team of professionals have the training, knowledge, and experience needed to help firms improve their bottom line, increase cash flow, and navigate financial challenges. Hundreds of firms have trusted Forvis Mazars to provide objective insights into financial statements and tax positions to help deliver usable data to stakeholders and make informed business decisions.

How Forvis Mazars Can Help You

Executive Search

Our strategic recruiting is refined based on our insight on finding the right professionals.

Employee Stock Ownership Plan (ESOP)

We can help you explore the potential benefits of ESOPs and whether they’re a good fit for your organization.

Government Contracting

Government contract consultants, auditors, and tax advisors serving clients nationwide.

The construction market experiences volatility, making strategic thinking vital for stability. Our construction team at Forvis Mazars combines solid accounting and financial performance with long-range vision to help contractors reach their goals.

Our team of forward-thinking professionals work hard to help contractors improve their bottom line, increase cash flow, and maintain regulatory compliance. We work with all types of contractors, including heavy highway, general and specialty contractors, and specific construction mining. Numerous construction companies have trusted us to address various accounting needs and provide services that help take their organization to the next level.

How Forvis Mazars Can Help You

• Executive Search
• Employee Stock Ownership Plan (ESOPs)
• Government Contracting

The hospitality industry presents unique and ever-changing challenges, and you need trusted advisors with deep industry knowledge to help navigate these challenges. Our clients include amusement parks, country clubs, fitness centers, golf courses, hotels, resorts and lodging, restaurants, and much more. Using market data, your financial reporting, and operational metrics, we benchmark your current position and address strategic options. Whether it’s outsourced accounting services, process improvement, or long-range planning, we can help.

Forvis Mazars seeks to be your one-stop shop to drive efficiency and stability to help you make effective decisions. That includes helping lighten your tax and regulatory burden, provide confidence in your numbers, offer strategic services for pain points, and identify opportunities.

How Forvis Mazars Can Help You

Outsourced Accounting Services

Enhance efficiency and invigorate your accounting operations with the assistance of our Outsourced Accounting Services team.

ESG & Climate Risk

Delivering tailored services that help clients build resilient businesses and contribute to a more sustainable future.

Transaction Advisory

Whether buying or selling, get valuable insight before transacting and committing your capital, energy, and reputation.

Forvis Mazars has a long-standing tradition of serving the multifamily and affordable housing industry. We've assisted many different stakeholders, including developers, syndicators, investors, construction companies, and management companies.

In an industry where change is inevitable and the competition is intense, you can’t afford to let opportunities pass you by. Whether your company is considering investment in an existing project or new construction, analyzing projected investor returns, looking to maintain compliance with state housing requirements, or struggling with exit strategies, our team is available to assist you.

How Forvis Mazars Can Help You

ESG & Climate Risk

Delivering tailored solutions that help clients build resilient businesses and contribute to a more sustainable future.

Cybersecurity

Protect your business from cyber threats with innovative strategies designed to deliver impact.

Forensics

Objective analysis based on relevant facts leads to reliable results – whether you need expert testimony, a valuation of a business, or an investigation, our professionals use reliable methodologies and provide credible results.

As the economy expands and contracts, successful real estate companies capitalize on opportunities. Our professionals combine sound accounting and financial performance with long-range planning to help you build the asset value and operating income so critical for success. We work with investors, brokers, agencies, owner and management associations, partnerships, funds, trusts, and many more in the commercial, residential, and international real estate sectors.

Real estate’s buying, selling, refinancing, and trading transactions often require complex financial analyses, flawless timing, and extensive knowledge of their governing regulations and tax implications. That's why numerous companies have turned to Forvis Mazars to help make informed, timely decisions.

We collaborate with key industry stakeholders, offering deep knowledge and insights. We provide a variety of services for dealerships nationwide, ranging from tax compliance and planning to assurance and consulting. Our team works with clients at every point in the dealership life cycle. In addition, our industry connections include legal, talent acquisition, technology brokers, bankers, and others who frequently serve dealerships.

Our Dealership Practice works with you to help drive profitability, avoid risk, increase efficiencies, and enhance productivity.

Industries of Focus Include:

• Automobile
• Heavy Truck
• Heavy Equipment
• Recreation

From decreased enrollment and margins to conflicting expectations, higher education leaders face a litany of pressures and challenges.

At Forvis Mazars, we understand those who drive higher education and the value each institution adds to the collective future. Our consultants have extensive knowledge of the education system and employ powerful tools, data, and analytics to help schools make necessary changes. We deliver an Unmatched Client Experience® to help you achieve your school’s mission and goals, including academic program and portfolio reviews, compensation studies, benchmarking, strategic planning, and change management.

Nationwide experience serving credit unions with accounting, assurance, and consulting engagements.

Industry knowledge and resources that can help you manage change, bolster the bottom line, make wise decisions, and stay compliant.

In the ever-evolving credit union industry, leaders face more challenges than ever, including managing stakeholder and regulator expectations, protecting against cyberattacks, pursuing digital innovation, and staying competitive. That's why credit unions across the country are turning to Forvis Mazars for in-depth knowledge on the latest trends, concerns, and opportunities.

Our credit union team has more than 40 years of experience providing accounting, audit, and consulting services to credit unions ranging in assets from $50 million to more than $15 billion. *According to the 2023 Supplier Market Share Guide: Credit Union Auditors, published by Callahan & Associates, Forvis Mazars ranks sixth in auditing credit unions with more than $100 million in assets. Forvis Mazars also ranks in the top 10 of total credit unions audited. Furthermore, our professionals actively serve as participants, exhibitors, speakers, and sponsors in various state, regional, and national associations for credit unions, including:

•    Association of Credit Union Audit and Risk Professionals (ACUARP)
•    Credit Union National Association (CUNA)
•    National Association of Federally-Insured Credit Unions (NAFCU)
•    National Credit Union Administration (NCUA)

With all of that in mind, our professionals are uniquely positioned to help serve your complex needs and take on the challenges your institution faces. Contact us for more information.

How Forvis Mazars Can Help You

Loan Review

Our loan review services can help you assess risk with loans and credit administration.

Regulatory Consulting

In today’s global regulatory environment, firms must continue adapting to ever-changing requirements and expectations. We can help you navigate updated regulations and manage risk.

Cybersecurity

Protect your business from cyber threats with innovative strategies designed to deliver impact.

Forvis Mazars provides tailored accounting, audit, tax, and consulting services to insurance companies.

In a rapidly evolving industry, it’s challenging for insurers to keep compliant, manage risk, and maintain surplus while adding value for shareholders and policyholders. Having a trusted advisor who provides reliable guidance and helps support your big-picture goals is critical to building on your company’s success.

Forvis Mazars provides accounting, audit, tax, and consulting services to life, health, property and casualty, captive, and mutual insurance companies, including insurance agencies, fraternals, and third-party administrators. Our clients range in size from millions to billions in written premiums.

In today’s agile business environment, insurance companies are struck with continual industry evolution. Forvis Mazars helps insurance companies of all types and sizes manage the unique industry challenges they face, including financial reporting accuracy, enhanced governance oversight, industry consolidation, regulatory uncertainty, sustaining operational performance, risk and capital management, actuarial solutions, technological instability, and more!

As a contractor to the federal government, working with a consulting team that will help you stay ahead of never-ending industry changes is critical for success in maintaining sustainability and turning a profit.

As leading government contracting consultants, Forvis Mazars will proactively assist in fulfilling the regulatory requirements around the applicable Federal Acquisition Regulation (FAR) standards, Cost Accounting Standards (CAS), and the oversight of the DCAA, DCMA, and SBA.

Whether you’re a small business or among the largest contractors, cost control, reporting, and documentation of all contract life cycle stages are critical when selling to the federal government – on top of addressing the growth, accounting, and tax needs of maintaining a business. As you’re working with the Department of Defense (DoD), civilian, or intelligence government agencies, Forvis Mazars’ government contract consultants, auditors, and tax professionals can deliver the in-depth services you need around

compliance, growth, and operations.

How Forvis Mazars Can Help You

CMMC Compliance

Forvis Mazars is one of the earliest CMMC third-party assessor organizations (C3PAOs).

Contractor Business Systems

We help contractors and subcontractors comply with the DFARS criteria for all six business systems.

ESG and Climate Risk

Are you a “major contractor?” Forvis Mazars can help address the proposed greenhouse gas reporting rules.

As healthcare providers, payors, and life science companies navigate an evolving future, now is the time for bold action, optimizing opportunities, and capitalizing on change. Bold decisions today require forward vision for tomorrow—that’s why thousands of healthcare and life science organizations depend on Forvis Mazars. We are here for today, tomorrow, and beyond.

Forvis Mazars can help you unlock your full potential as a catalyst in the evolution of the industry through our value-added assurance, innovative tax, and tailored consulting services.

We are determined to provide you with an Unmatched Client Experience® through an uncommon commitment to excellence—and together, that’s how we can help you drive health forward.

As a nonprofit leader, you’re charged with growing your organization, retaining members and donors, and protecting your reputation—all while demonstrating fiscal transparency and efficiency. Forvis Mazars understands your challenges, offering tailored assurance, tax, and consulting services for nonprofits. We can help you streamline operations, so you can carry out your organization’s mission and uphold donor trust.

Nonprofits come in a multitude of shapes and sizes. We leverage our in-depth experience working with a wide variety of organizations, including:

• Membership Organizations, Including: Professional Associations, Chambers of Commerce, Country Clubs, Unions, & Employment Organizations
• Foundations: Public, Community, Private, & Family
• Religious Organizations & Religious Affiliates
• Community & Social Service Agencies
• Cultural Arts: Museums, Fine Arts Programs, Theatres
• Educational Institutions: Primary/Secondary (Private, Districts, Charter) & Higher Education
• Social Welfare Organizations
• Public Co-ops

We’re committed to those who serve the greater good. That devotion is on display beyond the daily 9-to-5. When we’re not providing assurance, tax, and consulting services, our team members are serving on nonprofit boards and volunteering for community organizations.

Combine our passion for delivering an Unmatched Client Experience® with our extensive industry experience and community engagement and you’ll discover why Forvis Mazars is the trusted advisor your organization needs to help achieve your mission.

Building plans and services tailored to your personal objectives to help you achieve peace of mind.

Forvis Mazars Private Client provides wealth management services for high-net-worth individuals and families, along with investment consulting and compliance services for corporate retirement plans and other institutional clients. Our knowledgeable wealth management professionals can build services tailored to your objectives.

Individual & Families Wealth Management

Our goal is to support your goals. We take a 360° view of your financial situation using a holistic approach that encompasses the many facets of your life—from near-term needs, such as cash-flow budgeting and debt refinancing, to long-term objectives, such as planning for education and retirement, and all of life’s milestones and transitions in between. Our team will work with you to develop an integrated plan for you to progress toward the future you envision with confidence. Along this journey—your journey—we’ll seek to simplify the complexities you encounter, so you can focus more time on what's most important to you. Our primary objective is to serve our clients with passion and care, helping them achieve financial clarity.

A Foundational Element to Achieving Your Financial Goals

We believe the creation of an investment strategy that is centered around you and designed to work in concert with your financial plan can help improve the likelihood of investment success. As a result, we believe that an investment strategy that is customized to your individual circumstances will help you achieve your goals.

With You & For You

Our approach is centered around gaining insight into your values, and your goals will inform our thinking and support the creation of a detailed financial plan and investment strategy tailored to you. We believe our process helps achieve the future you envision.

Our integrated team brings together passionate individuals and their skills across a range of disciplines--all aligned to deliver an Unmatched Client Experience®. Our wealth management team includes CERTIFIED FINANCIAL PLANNER™, Chartered Financial Analyst®, and CPA professionals who serve as your guides and help you grow and preserve your wealth for generations.

Informing Thoughtful Decision-Making

We'll help you clarify your objectives and work to present the risks and opportunities of different investment strategies. Based on this, we'll manage your investments strategically. As circumstances change in your life, we'll work with you to help keep your investment strategy on track toward your goals.

Accounting, consulting, and due diligence to help private equity firms make informed decisions, manage uncertainty, and create value.

Private equity is a dynamic industry. Firms seek insights into a company’s strengths, weaknesses, potential risk areas, and improvement opportunities to manage, operate, and sell a successful business. Forvis Mazars leverages extensive knowledge and a presence in the middle market to help provide one-stop services for private equity firms.

Our professionals cross multiple service lines to help private equity firms, investment funds, and their portfolio companies meet their needs in a fast-paced market. We tailor our approach based on your needs and routinely work together with our firm's deep global resources to develop strategies and services for your success, now and in the future. Combined with our Unmatched Client Experience®—we listen, respond, and consult with purpose to serve you, whatever your needs.

From fund formation to exit strategies and beyond, our assurance, tax, and consulting services can help:

• Provide fund management with the ability to measure and analyze your business
• Deliver innovative due-diligence services for middle-market transactions
• Increase financial information credibility
• Manage tax liabilities and identify opportunities
• Attain measurable growth in the value of your private equity investments

We offer assurance and consulting services to help improve efficiency, transparency, & accountability. Tackle challenges and plan for the future with Forvis Mazars’ public sector and government accounting and audit experience.

Being a public servant isn’t for the faint of heart. Aging infrastructure, limited revenue sources, regulatory changes, and ever-present budgetary constraints are only a few of the many challenges you face as you strive to meet the needs of your residents, customers, and communities. But everyone could use a little help now and then, and Forvis Mazars can provide the support you need.

Our public sector accounting, audit, and consulting experience and resources can help you stay compliant, stretch your dollar, and plan for the future. We serve a variety of entities, including:

• State & Local Governments
• Airports
• Transportation Authorities
• Public Power & Utility Providers
• Tribal Governments
• Public Colleges & Universities

Our professionals are committed to understanding the unique challenges and regulatory changes your entity faces. Watch this video to hear Partner Amy Shreck share how our Public Sector Practice is committed to helping our clients move forward with confidence.

How Forvis Mazars Can Help You

The Reporting Solution

The Reporting Solution (TRS) is a web-based application that can help state & local governments streamline the preparation of annual reports through an efficient and simplified process.

Grants Management Services

Our suite of services can help you with every phase of the grant life cycle, from pre-award strategic planning to post-award close-out and reporting, and everything in between.

Public Sector Advisory Services

Our public sector advisors offer a wide range of financial, operational, and risk advisory support tailored to the needs the public sector.

Our approach to working with professional services firms keeps firms’ owners and clients in mind. Forvis Mazars meets the specific needs of legal, staffing, and other professional services firms.

From regional leaders to global powerhouses, successful professional services firms find commonality in their desire to maximize shareholder value. Forvis Mazars works with professional services firms of all sizes to help manage risk while keeping an eye on their growth goals and the satisfaction of their clients and staff.

Whether you’re a solo practice building market presence or a multinational firm navigating international tax compliance, the Professional Services industry practice of Forvis Mazars can help monitor your internal accounting and financial performance as you take on larger clients, invest in talent and infrastructure, and expand your service footprint. Professional services firms we work with include:

• Law Firms
• Staffing & Recruiting Agencies
• Marketing & PR Agencies
• HR Consulting Firms
• Engineering, Architectural, & Design Firms
• Management Consultants
• IT Consulting Firms

Our involvement in industry associations, including the American Staffing Association (ASA) and the Association of Legal Administrators (ALA), helps us remain forward thinking on industry matters, in turn helping our clients increase value and streamline operations. Contact us to learn how Forvis Mazars can meet the needs of your professional services firm.

How Forvis Mazars Can Help You

Cybersecurity

Protect your business from cyber threats with innovative strategies designed to deliver impact.

Forensics

Objective analysis based on relevant facts leads to reliable results – whether you need expert testimony, a valuation of a business, or an investigation, our professionals use reliable methodologies and provide credible results.

International Tax Services

Efficiently manage your global business with Forvis Mazars’ international tax services.

With agile resources and tailored engagement teams, we help tech companies stay ahead of the curve. Tailored engagement teams that deliver a powerful combination of industry and technical knowledge. Audit, tax, and consulting services for software, SaaS, and technology companies.

The ever-changing technology industry has prompted technology, software, and SaaS companies to continue seeking out innovative opportunities for expansion and efficiency. From Fortune 1000 to venture-backed growth companies, Forvis Mazars helps meet the needs of this dynamic industry by delivering a powerful combination of industry experience and technical knowledge.

Contact our team to learn how we’re serving clients in the software, SaaS, and technology industry, including the more regulated sectors such as fintech and healthcare technology.

How Forvis Mazars Can Help You

Private Equity

Accounting, consulting, and due diligence to help private equity firms make informed decisions, manage uncertainty, and create value.

CFO & Business Consulting

Leverage digital innovation, navigate regulations, and enhance operations with tailored, technology-enabled strategies.

SOC & HITRUST Solutions

Forvis Mazars advisors can help service organizations refine their processes, enhance controls, and address various types of third-party assurance requests.

The communications industry is constantly changing. Between stiff competition and shifting regulations, staying ahead of the game can be daunting. Forvis Mazars has the resources to help you address the ever-increasing and complex requirements facing the industry. That’s why communications companies nationwide are relying on Forvis Mazars’ industry experience for the support they need.

Our trusted advisors work with a wide variety of communications companies, including telephone, wireless, broadband, and other communication systems. We also can compile and benchmark data from hundreds of similar entities, which means we can provide you with best practices and trends relevant to your operations.

How Forvis Mazars Can Help You

Grants Management for BEAD Program Award Recipients

Helping you make a difference in your community with effective grants management services.

Outsourced Accounting Services

Enhance efficiency and invigorate your accounting operations with the assistance of our outsourced accounting services team.

SOC Audits

Our SOC examinations can help assess the design and operational effectiveness of your internal controls.

Accounting and consulting services to help asset management firms meet their unique goals & needs.Tailored accounting and consulting services from experienced asset management advisors.

The asset management team at Forvis Mazars has more than 50 years of experience providing accounting, tax, and consulting services to various types of investment holdings, including conventional debt and equity investments, loans, businesses, alternative investments, and other unique assets. As of June 2023, Convergence Optimal Performance ranked Forvis Mazars as a top 20 accounting and audit firm to registered investment advisors. Forvis Mazars also was ranked in the top 20 by assets under management. We have experience providing services to funds ranging from emerging managers to $100+ billion in assets under management. Our knowledge allows us to provide tailored services to help meet your unique needs. We provide services to the following:

Private Funds – Forvis Mazars provides a variety of services to private funds, including private equity, hedge, venture capital, common trust, collective investment, and real estate funds.

Public Funds – Forvis Mazars provides a variety of services to public funds, including registered investment companies (mutual funds) and exchange-traded funds.

Planning, corporate or business man with tablet for investment strategy, finance growth or financial review. CEO, analytics or manager on dashboard for data analysis, review or economy data research

Data Analytics Solutions for Your Business

Your organization generates impressive amounts of data every day—and most of it remains hidden. Just because you can’t see it, doesn’t mean it’s not there. If handled right, your data can reveal important facts, trends, and patterns that can provide valuable insights into your organization.

Our data analytics professionals at Forvis Mazars unlock the power of your data to help you enhance marketing strategies, develop competitive advantages, open up new revenue opportunities, reduce risk, and improve operational efficiency. With a focus on tailoring data into timely, consumable information, our experienced analysts create powerful data visualizations that quickly and intuitively enable users to understand and analyze complex data sets.

Analyzing organizational data can be overwhelming, but it doesn’t have to be. Learn how we can help focus your team's efforts, achieve quick results, and deliver impactful value.

How Forvis Mazars Can Help

Our artificial intelligence (AI) systems leverage cutting-edge and proprietary technologies to identify risk conditions, spot opportunities, and model uncertainty. Since organizations are so complex, standard linear analysis falls short. Our ability to perform AI-based detection, scenario analysis, and simulations that account for the true nature of an organization can generate insights not possible through standard analytics.

Corruption accounted for 50% of fraud cases in the ACFE 2022 Report to the Nations. Corruption is typically off the books, which makes detection and prevention a challenge. Combining structured analytics and unstructured data analysis, our Corruption Risk Analyzer can help identify high-risk vendors and employees in your organization.

Emails, text messages, and social media posts can speak volumes about the author’s emotional state. Detecting certain sentiments early on can help mitigate, and sometimes prevent, crises in your organization. Our emotional tone detection system and sentiment analysis services can be tremendously beneficial in investigations, litigation, and risk management.

Purchasing a company isn’t simple, and obstacles should be expected. Depending on the size, structure, and sophistication of the target, you may expect to find potential roadblocks related to the relevance, accessibility, and integrity of underlying financial data. Without a way to overcome these obstacles, the buyer risks erosion of investment value as a once potentially successful transaction veers off course. Our four-step process can help you navigate these obstacles. Key process features include:

• Data Extraction—Our approach bypasses potential constraints by extracting data directly from your system.
• Revenue & Cost Accumulation—With raw data in hand, we accumulate revenue and cost data and assign it to the underlying activities of the target, resulting in a more accurate picture of the target’s economic value.
• Economic Understanding—After obtaining revenue and cost information, we create a new view of the target built upon cost-driving activities, not aggregate financial information. This leads to cross-sectional insight into profitability across different areas of your business.
• Risk & Opportunity Identification—Our approach aims to identify risks and uncover opportunities. We do this by offering insight pre- and post-transaction by identifying various enhancement opportunities in profitability improvement, product line rationalization, and product volume and mix analysis.

The health and healthcare industry is flooded with data. However, data by itself is not information, and information without context is not actionable. Our proprietary analytics suite is built on Forvis Mazars’ broad industry knowledge and subject matter knowledge to proactively help provide our clients with the information they need before they need it.

Data analytics is one of the most effective anti-fraud controls, yet only a third of organizations use it. According to the Association of Certified Fraud Examiners 2022 Report to the Nations, the median loss due to fraud in the 2,110 cases studied was $117,000. Losses range from small expense reimbursement fraud to asset misappropriation to multimillion-dollar corruption schemes. No matter what fraud scheme you’re facing, we have the solutions to address it.

With the prevalence of social media, it’s important to identify reputational risks before they become critical issues. Our reputational risk monitoring platform provides a mechanism to analyze happenings in the social media world and monitor the conversational tone about your organization online. We have the tools to help you mitigate threats before they become full-blown crises.

Modern CFO teams are driving incremental value through organizational change, process re-design efficiencies, analytics, and automation—all while the accounting landscape rapidly changes with more complex transactions and multifaceted technical accounting issues. Forvis Mazars stands ready to help your company solve its most complex business problems through customized technology-enabled strategies, accelerating your business into the future.

How Forvis Mazars Can Help

Forvis Mazars’ global transformation approach is not just about disruption or technology. It’s about reimagining your finance organization to thoughtfully and rapidly adapt through process design, technology, and talent strategies. Our strategies help companies drive clarity and results.

• CFO Target Operating Model (TOM) Design
• TOM Roadmap Development and Execution Strategy
• Shared service enablement
• Benchmarking and Business Intelligence
• Business Process Outsourcing

Forvis Mazars advisors can help your organization reach its business goals. Our process-first approach aligns people, processes, and technology to your business strategies and vision. Forvis Mazars solutions bring together industry best practices around process improvement, robust data-driven insights, and industry leading technology to improve business processes, outcomes, and customer experiences.

• Process and reporting maturity assessments
• Rapid process re-engineering
• Supply chain strategy
• Accounting operations automation and improvement
• Financial close optimization
• Business performance improvement

Forvis Mazars navigates dynamic business change to help position clients for future success. From legal entity restructurings and post-acquisition integrations to transforming your project management organization, Forvis Mazars is here to lead the way.

•    Strategic change program management
•    Business and operational transformation
•    Project management
•    Post-merger integration
•    Complex transaction change management

Data is a valuable business asset that often goes untapped. At Forvis Mazars, our advisors use the latest digital technologies and industry best practices to realize the full potential of our clients’ data, enabling them to make smarter business decisions.

•  
•    Data program and strategy
•    Data life cycle management
•    Data governance and policies
•    Data architecture and analytics
•    Data quality and controls
•    Financial reporting visualization
•    Business analytics implementation
•    Planning and forecasting digitalization

Modernizing Enterprise Resource Planning (ERP) solutions and supporting finance technology is a CFO imperative. Forvis Mazars Advisors have in-depth experience driving value out of your current technology investment and strategically integrating new technology into your complex environment. From selecting a solution to planning for and implementing the right digital tools, we provide a dedicated team to help tackle the most complex digital challenges.

• Finance technology strategy and vendor selection
• Implementation strategy and program management
• Organizational readiness
• Business solution architecture
• Requirements gathering and documentation
• Chart of accounts harmonization
• Testing strategy and execution

Forvis Mazars accounting advisors support clients with their technical and financial reporting challenges. We support the CFO agenda with a broad range of accounting and reporting topics, including:

Complex Transactions: Transactions like business combinations, divestitures and carveouts are fraught with highly technical accounting challenges. Forvis Mazars Accounting Advisors has the in-depth experience, industry insights, and a complete suite of accelerators to help your organization successfully navigate these complex transactions.

SEC Reporting and Technical Accounting: Today’s business environment remains in a state of constant evolution driven by global markets, customer trends, digital disruption, and a high volume of M&A activity. This change has elevated the demand on SEC reporting and accounting policy teams as they keep pace with the vast array of accounting and reporting challenges. Forvis Mazars Accounting Advisory’s highly trained on-call technical accounting and reporting teams provide clients cost effective, flexible, and scalable accounting advisory solutions to help meet their evolving business needs.

Accounting Standard Implementation: The critical path to accounting standards implementation requires not only the technical knowledge of the old and new standards to effectuate the change but also a clear strategic plan to address process and technology impacts. Forvis Mazars Accounting Advisory has a suite of solutions, accelerators, and technology partners all designed to help organizations successfully implement new accounting standards in a cost-effective and frictionless way.

Climate Risk Disclosures: Regulatory and standard-setting bodies globally are focused on enhancing public company disclosures around the impact climate change has on companies. This includes efforts to drive improved standardization around climate risk-related disclosures made in financial reporting. Our accounting advisory professionals in collaboration with Forvis Mazars’ ESG practice have developed solutions to help organizations not only improve their overall climate risk management but also accelerators and technology partners strategically designed to help enable a more efficient and accurate reporting process.

Initial Public Offerings (IPO) and Special Purpose Acquisition Companies (SPAC): A well-developed roadmap for successful IPO and SPAC transactions covers a broad set of key pre-transaction and post-transactions areas, including financial reporting, SEC registration, legal, governance, internal controls, operational processes, and technology. Forvis Mazars' advisory practice's IPO/SPAC playbooks, services, and accelerators will support your organization to successfully go-public and help in optimizing your public company post-

We can help you explore the potential benefits of ESOPs and whether they’re a good fit for your organization. Standing group of business people in a meeting space.

Forvis Mazars understands how intricately woven an ESOP is with the strategic and financial plans of a company, as well as how critical it is to consider various ESOP matters when developing plans for the future. Our clients include some of the country’s largest 100% ESOP-owned S corporations.

We provide accounting, tax, and consulting services ranging from acquisition assistance and repurchase planning to sustainability analysis and restructuring of existing mature ESOPs to executive compensation. We offer ESOP-specific thought leadership to inform you on the top issues affecting ESOPs.

Our professionals remain abreast of legislative, regulatory, and financial reporting changes that could affect ESOPs, advising companies about the potential effects on their organization. Forvis Mazars is proactive in working with the ESOP community and its clients to prevent potentially harmful changes to ESOPs. We routinely design and implement leveraged ESOP transactions for new and mature ESOPs. Whether it’s a mature ESOP or one that is just getting started, contact a professional at Forvis Mazars and find out how we can help you.

How Forvis Mazars Can Help

•    ESOP Feasibility & Structure Analysis
•    ESOP Accounting & Auditing for the Plan Sponsor
•    Transaction Coordination Assistance
•    ESOP Plan Audits
•    ESOP Valuation
•    Restructuring of Existing ESOPs
•    Analyzing Potential Acquisition Opportunities
•    ESOP Sustainability & Repurchase Analysis
•    ESOP Record-Keeping & Compliance Services
•    ESOP Employee Communication
•    Executive Compensation Design
•    ESOP Holding Company Services

Our dedicated Enterprise Risk & Quantitative Consulting professionals are ready to help you proactively balance risk and opportunity in today’s interconnected and continuously evolving business environment. Risk is inherent within business and mastering risk management is crucial for success.

World-class companies focus on understanding and managing risk. They make informed decisions about risks they want to take—and the ones they don’t. Risk frameworks, data, modeling, analytics, and technology are at the core of unlocking value for enterprise risk management. Forvis Mazars’ Enterprise Risk & Quantitative Consulting practice specializes in designing and implementing these components while enabling all stakeholders within the risk management process to understand and own their respective roles.

How Forvis Mazars Can Help

Establishing foundational risk management components provides line of sight into where controls are needed throughout business activities. Forvis Mazars’ enterprise risk methodology creates a consistent yet dynamic approach across risk types and allows for aggregation of risks to create a holistic view of the risk landscape. The Forvis Mazars Risk Management & Controls team collaborates with our clients in the design, development, and refinement of core risk management components:

• Risk Framework: Establish risk frameworks (e.g., enterprise, operational, financial, third-party) that enable a clear view of the client’s overall risk level with established processes for continuous measurement and monitoring of exposures
• Governance: Design and implement valuable governance tools throughout our client’s organization to help promulgate effective governance, and to foster an intelligent risk organization
• Risk Appetite: Develop and measure risk appetite to drive strategic success and proactive actions
• Risk Identification: Facilitate identification and evaluation of critical risks and develop controls and risk-mitigating strategies
• Risk Taxonomy: Develop, implement, and integrate risk taxonomies and methodologies to help enable effective risk management
• Risk Culture: Evaluate and foster risk culture to promote meaningful interaction and engagement that delivers an effective risk culture

Institutions are using models and other analytical tools at an increasing frequency with new modeling techniques designed to meet business objectives and regulatory requirements. Sound model risk management and model validation programs can help reduce the risks and improve the use and governance of the models. The Quantitative Solutions practice provides model development, model implementation, model validation, risk management, and model operations services across industries.

• Model Development: Employ a comprehensive development standard to guide development activities across an array of model types
• Model Implementation: Provide model and tool implementations across platforms and functions
• Model Risk Management: Design and implement a strong risk management framework including governance, controls, policies, procedures, inventory management, ongoing monitoring, and model risk reporting
• Model Validation: Perform independent model validations for institutions through an effective challenge of the model, model developers, model users, and key stakeholders
• Model Operations: Combine practices and tools to increase the ability to deliver and execute models faster than traditional processes throughout the model lifecycle

Forvis Mazars’ Data Management team helps organizations in all aspects of data management, regardless of where they are in their data journey. Whether it is managing specific data risks, improving data quality and reporting capabilities, implementing industry-leading practices, or enabling compliance with regulatory requirements, our team is here to help.

• Data Program and Strategy: Embed and implement data management capabilities into organizations by structuring data programs around key workstreams and strategic initiatives tailored to specific business objectives and goals
• Data Lifecycle Management: Guiding organizations along all stages of the data lifecycle from data origination through lineage and reporting, Forvis Mazars provides comprehensive solutions to meet your data testing and lineage needs.
• Data Governance and Policies: Help organizations develop and implement data policies and standards, assign data management roles, and establish a data management operating model to ensure effective data governance practices exist within the organization
• Data Quality and Controls: Develop, implement, and manage data quality to support enterprise business objectives, enable risk management priorities, and meet regulatory expectations
• Data Architecture and Analytics: Assess existing data infrastructure against process and reporting requirements to identify gaps and design target state solutions to help create efficiencies within the information management ecosystem

Organizational success must understand, analyze, and report risk data to respond in a timely, proactive and meaningful manner to achieve your strategic objectives. Our Forvis Mazars team collaborates with clients to tell their stories through data visualization while providing powerful context to their end users.

Through insightful risk analytics presented in intelligent reporting frameworks, we help empower our clients to make actionable and timely decisions:

Risk Metrics Development: Identify metrics that are important to an organization through a deep understanding of key risks and objectives to provide the right information for agile decision-making

Risk Data Aggregation: Streamline structured and unstructured risk data capture and reporting to develop a unified, connected, and timely view of risk information, including Key Risk Indicators and Key Performance Indicators, to help provide advanced and actionable insights

Risk Visualization and Analysis: Create powerful storytelling and understanding of risk data through visualization and dashboarding

A risk management program needs the infrastructure to keep it functioning effectively and at a speed that serves its stakeholders. Our advisors bring functional and technical expertise to help companies improve and implement their risk technology infrastructure.

Risk Technology Enablement: Evaluate and integrate the right technologies to drive automation, efficiency, and deliver end-to-end integration of risk management processes and communication

Governance, Risk, and Compliance (GRC) Platform Implementation: Identify, align, and implement GRC platforms including development of stakeholder interaction models, target state assessment, project planning, and full scope implementation support

The formula for success and resilience has changed – and supporting our clients in how they respond to this new equation is our focus at Forvis Mazars. Our offerings are designed to help clients achieve their goals in the backdrop of this new ESG landscape and contribute to the betterment of the world for generations to come. Our team of experienced ESG & Climate Risk professionals offer subject matter insights and support to organizations whether they are just starting their ESG program or are looking to optimize mature programs through technology enablement and innovation.

•    ESG Strategy and Governance
•    Climate Risk Management
•    ESG Centric Consulting
•    Sustainable Performance Improvement
•    Corporate Data and Reporting

Delivering tailored solutions that help clients build resilient businesses and contribute to a more sustainable future.

Our global economy has evolved and allowed us to accomplish amazing feats only dreamed about in generations past. As a result, we have changed the way we do business, the way we live, and how we interact with each other. Yet, at the same time, our interconnectedness as a global society has taxed our symbiotic relationship with the planet.

The formula for success and resilience has changed—and supporting our clients in how they respond to this new equation is our focus at Forvis Mazars. Our offerings are designed to help clients achieve their goals in the backdrop of this new ESG landscape and contribute to the betterment of the world for generations to come.

Stakeholders and investors expect companies to identify and focus on the material ESG matters for the organization. A tailored approach is required due to the varying nature of businesses across industries and geographies and an organization’s impact on the environment and society. Thoroughly assessing scope and materiality drives prioritization of material ESG matters and leads to better alignment with strategy and optimized allocation of resources.

•    ESG Materiality Assessment and Stakeholder Analysis
•    End-to-End Program Design and Management
•    Framework Assessment and Alignment
•    Executive and Board Training and Education
•    Sustainability Communications and Marketing
•    ESG Strategic Development
•    ESG Data and Technology Architecture Strategy
•    ESG Policy Development

Climate change represents an existential risk that we are yet to manage effectively. As society collectively navigates climate change impacts, businesses must also consider the risks and opportunities that climate change poses on a more micro-level. New regulations, changing technologies, shifting market preferences, changing weather patterns, and more volatile weather events all intertwine to create a challenging business environment. Forvis Mazars’ Climate Risk Management Solutions are designed to help our clients understand the impacts of climate change and design strategies to capitalize on opportunities and manage risks associated with this global imperative.

•    Climate Risk and Opportunity Assessment
•    Risk Management Process Integration
•    Supply Chain/Third-Party Risk Management
•    Climate Quantitative Solutions – Physical/Transition Risk Modeling and Validation
•    Scenario Analysis and Stress Testing
•    Climate Risk Data Strategy
•    Climate Risk Appetite Statement
•    Business Continuity Planning
•    Climate Change Adaptation

Using up-to-date climate science, the Physical Climate Risk Dashboard helps companies identify their physical risk exposure across their assets, portfolios, strategies, and operations.

Our platform, designed in collaboration with Jupiter Intelligence, provides insights to help assess and manage climate-related risks and opportunities and inform key stakeholders of resilience under different scenarios.

Beyond our eight key physical climate perils, the Physical Climate Risk Dashboard supports scenario analysis for risk management and regulatory disclosures such as the TCFD and future SEC requirements. The Dashboard also provides invaluable forward-looking data through 2100 and across multiple warming scenarios and asset-level spatial resolution capabilities up to 1 meter, ideal for real estate development, logistics, risk engineering, safety and operations, underwriting, and capital planning.

Putting ESG into action requires collaboration and expertise across topics that feed an overall ESG strategy. Our ESG-centered advisory offerings cover specific issues within your ESG program, including circular economy, Diversity, Equity, and Inclusion (DEI), and Environmental, Health, and Safety (EHS), among many other topics. Forvis Mazars' ESG & Climate Risk professionals support clients to assess current performance in these areas and design, implement, and manage existing and new programs. Our team brings industry-level insights while recognizing that each company has its objectives that need to be incorporated into executing their ESG initiatives.

•    Circular Economy and Resource Efficiency Management
•    DEI Assessment
•    Corporate Social Responsibility Development
•    EHS Support
•    ESG Investment Policy and Process Development
•    Life Cycle and Impact Assessments
•    Sustainable Finance Methodology and Strategy
•    B Corp Assessment and Certification Support
•    Carbon Credit Advisory
•    Capital and Green Financing Advisory

Long-term sustainable value creation must align with delivering profitability and solving problems for people and our planet. Today’s most successful companies embrace sustainability and purpose, backing this up with transparency, authenticity, and credible actions that permeate the organization. This requires an understanding of existing performance across material ESG topics and deliberate future state target setting to achieve organizational objectives for ESG and overall business. ESG targets and goals need action plans and investment to demonstrate credibility and provide transparency to key stakeholders. Our offerings are designed to improve ESG performance sustainably, increase access to capital through ESG ratings, and provide transparency into how an organization will achieve its goals.

•    Carbon Accounting (Scope 1, 2, & 3)
•    Market Insight and Performance Analysis
•    Peer Benchmarking and Competitor Analysis
•    ESG Ratings Review and Management
•    Sustainability Goal Setting
•    Net Zero Strategy and Decarbonization Pathways
•    Science-Based Targets Initiative (SBTi) Submission Support
•    GHG Emissions Reduction Strategy

The push for ESG disclosures continues to accelerate as various stakeholders are interested in the ESG risks and the strategic responses of companies. ESG disclosures are central to providing senior management, investors, employees, regulators, and other stakeholders with the transparency and information they need to make informed decisions. Our team has deep ESG, financial, and regulatory reporting experience.

•    ESG Data Sourcing Strategy
•    ESG Internal Controls Readiness and Assurance
•    Sustainability Reporting Copy and Design
•    Data Governance and Data Quality Implementation
•    ESG Data and Reporting Software Selection/Implementation
•    Regulatory Disclosure Support and Requirements Management
•    Sustainability KPI Identification and Dashboards

How Forvis Mazars Can Help You

Physical Climate Risk Dashboard

Climate risk is an imminent threat to us all. The Physical Climate Risk Dashboard can help your organization prepare for future climate-related unknowns.

Our strategic recruiting is refined based on our insight on finding the right professionals.We take the time to understand your entire organization, your culture, your vision. Such an approach helps us deliver the ideal candidate, a senior executive that aligns with the strategy and spirit of your business, that provides the perfect balance of embracing what makes your business great and inspiring the organization to more success.

Choose from retained, contingency, and interim search options. In every case, Forvis Mazars does more than put someone in your corner office. We put someone who will be in your corner.

How Forvis Mazars Can Help

With our integration of professional services, Forvis Mazars serves several industries. We not only know your industry's challenges and opportunities but also deliver a coast-to-coast network of leadership talent.

We know where the high-impact players are, and their career goals. Our executive search team can better match them with your organization.

With our executive management focus, we excel in finding, recruiting, and placing operational and technical leaders that offer the skills and certification to help your organization maximize processes. Look to us to help you find professionals for:

•    Senior Executive Search: Trust us for C suite Placements - CEO, COO, CFO, CTO
•    Executive Search: Upper Management Executives – VP, Director, Controller
•    Professional Search: Find unique qualified technical professionals in Finance, Accounting, and Information Technology

When you are seeking to fill a senior executive or impact role, Forvis Mazars recommends a retained search by premium candidates to garner genuine interest in your organization. Retained searches are more in-depth, and take more time, as we lean on analytics to develop more due diligence, including customized interview questions, team culture considerations, and market and industry trends. The extra time and effort devoted to this tailored search process better helps us deliver the right candidate for your complete company.

Keep your business moving forward and your mind at ease with our advanced forensic support. Decades of practical dispute and litigation resolution experience. Innovative forensic technology resources for an ever-evolving marketplace

Anti-fraud assessment, investigation, and internal audit support to help your business stay prepared. Independent forensic resources you can trust.

Today’s dynamic environment requires organizations to be nimble to succeed. From navigating a business dispute to responding to allegations of fraud, our experienced professionals can help you resolve issues quickly.  

The Forvis Mazars team of forensic accountants and technologists tap into a broad suite of technology and tools to hone in on discrepancies in reporting and records. We are committed to working alongside you with attention to detail and strong ethical standards.  

As a top professional services firm with global reach, our diverse teams and tailored services help you where and when you need us. Our Unmatched Client Experience® is designed for impact as we listen, respond, and consult with purpose. Face today’s challenges head-on with an experienced team of forensic accounting and litigation support professionals and digital resources.

Get investigative experience, industry knowledge, and subject matter resources from a team of forensic accountants and technologists supported by our national office accounting, financial reporting, and industry professionals. We regularly conduct investigations on behalf of boards, management teams, and in-house counsel on various issues, from allegations of fraud to government investigations, bankruptcy, and more. Our innovative forensic technology tools support our investigations, including digital forensics, electronic document assessment and hosting, and data analytics. We can collect electronically stored information (ESI) from virtually any device, including phones, tablets, laptops, and servers. We can process and analyze the data and host it for review by third parties.

Service offerings:

•    Accounting Support & Reconstruction
•    Bankruptcy Examinations
•    Board Investigations
•    Digital Forensics
•    Financial Reporting & Accounting Fraud
•    Fraud Investigations
•    Government Regulatory Investigations

We provide various litigation services, including expert testimony, consulting expert, and alternative dispute resolution services. Our professionals are experienced in testifying as expert witnesses in state and federal courts, arbitration panels, and other forums.

Expert Testimony

Our credentialed professionals know how to support our opinions under rigorous cross-examination, giving you confidence when we’re on the stand.

Examples of domains we can assist with include:

•    Bankruptcy-Related Litigation
•    Business Interruption Claims
•    Class Actions
•    Commercial Litigation
•    Intellectual Property Damages
•    Shareholder Disputes
•    Loss of Use
•    Loss of Profits
•    Personal Economic Damages
•    Product Liability/Negligence
•    Professional Liability
•    Tax Controversy Matters
•    Theft of Trade Secrets
•    Unfair Trade Practices
•    Unjust Enrichment

Alternative Dispute Resolution (ADR)

Our structured ADR process allows flexibility in execution to help you achieve an outcome tailored to your needs.

Examples of domains we can assist with include:

•    Commercial Disputes
•    Business Valuation Disputes
•    Construction Disputes
•    Divorce/Domestic Matters
•    Partnership/Shareholder Disputes
•    Post-Acquisition (Purchase Price) Disputes

Consulting

Through data analytics, digital forensics, and more, our consultants evaluate your case and help you improve your outcomes.

Examples of domains we can assist with include:

•    Bankruptcy-Related Litigation
•    Business Interruption Claims
•    Class Actions
•    Commercial Litigation
•    Intellectual Property Damages
•    Shareholder Disputes
•    Loss of Use
•    Loss of Profits
•    Personal Economic Damages
•    Product Liability/Negligence
•    Professional Liability
•    Tax Controversy Matters
•    Theft of Trade Secrets
•    Unfair Trade Practices
•    Unjust Enrichment

Fraud can devastate an organization. The median loss in 2,110 fraud cases examined by the Association of Certified Fraud Examiners in its 2022 Report to the Nations was $117,000.

Our passionate team of anti-fraud professionals can evaluate your internal audit procedures and recommend anti-fraud internal controls to help your business mitigate risk.

If fraud is discovered, we can launch an investigation to help prevent further loss, determine the extent of the fraud, and prepare you and your business for litigation and recovery.

If you have a case involving some aspect of financial fraud, our certified fraud examiners, forensic accountants, certified computer forensics professionals, and consulting attorneys can help:

•    Provide Fraud Training
•    Assess Policies and Procedures
•    Assess Fraud Risk
•    Perform Internal Audits of High-Risk Areas
•    Develop a Fraud and Ethics Hotline
•    Detect Potential Fraud in Your Organization Through the Power of Data Analytics

Evolving risks occur at an unprecedented pace, forcing internal audit functions to assess the potential impact on the organization’s overall risk profile. Forvis Mazars has the experience needed to guide clients in preparedness and risk mitigation efforts. Transformative internal audit and compliance for effective risk management.

As the global landscape changes, organizations are expecting more from their internal audit functions. Forvis Mazars has experience advising organizations on their risk management, governance, and compliance needs. By leveraging the latest methodologies and technologies, Forvis Mazars helps clients evolve from reactive to proactive.

How Forvis Mazars Can Help

Forvis Mazars’ internal audit professionals support clients by bringing a transformative approach to identifying, assessing, and monitoring risks and controls. The Forvis Mazars approach helps deliver value to organizations by driving efficiencies while continuously assessing emerging and evolving risks, through the following services:

•    Co-Source, Outsource Internal Audit
•    Internal Audit Execution
•    IT Internal Audit
•    Non-Regulated Company Compliance Audit
•    Operational, Strategic, and Integrated Audit
•    Process Assessment and Improvement
•    Information Security Services

Forvis Mazars’ internal audit professionals support clients by bringing a transformative approach to identifying, assessing, and monitoring risks and controls. The Forvis Mazars approach helps deliver value to organizations by driving efficiencies while continuously assessing emerging and evolving risks, through the following services:

•    Co-Source, Outsource Internal Audit
•    Internal Audit Execution
•    IT Internal Audit
•    Non-Regulated Company Compliance Audit
•    Operational, Strategic, and Integrated Audit
•    Process Assessment and Improvement
•    Information Security Services

Forvis Mazars’ regulatory and compliance advisors assist regulated organizations, such as financial institutions, healthcare companies, insurance, and government contractors with their requirements as follows:

•    Co-Source Subject Matter Support
•    Model Audit Rule
•    Model Risk Management
•    Regulatory Audits and Assessments
•    Risk Management Assessments
•    Third Line Issue Validation
•    Third Party Risk Management (TPRM)
•    Internal Audit Compliance Outsourcing
•    Issues Management and Remediation Support

Forvis Mazars’ professionals assist organizations with their contract assurance and compliance needs. Helping clients navigate the entire contract lifecycle from defining requirements to measuring performance, with a focus on managing risk, Forvis Mazars offers the following services:

•    Advertising Agency Audits
•    Construction Audits
•    Contract Management Life Cycle
•    Franchise Audits
•    Joint Venture Audits
•    Licensing Audits
•    Royalty Audits
•    Third Party Risk Assessments
•    Vendor Audits

Forvis Mazars has extensive experience working with CAEs, audit committees, and senior management to establish, assess, and transform internal audit functions by providing the following services:

•    Audit Committee Guidance and Insight
•    Internal Audit Function Implementation
•    Internal Audit Target Operating Model
•    Internal Audit Methodology
•    Enterprise Risk Management / Enterprise Risk Assessments
•    Management Reporting & Dashboarding
•    Agile Auditing Strategy
•    Quality Assurance Review

Automation in internal audit often does not achieve the expected return on investment (ROI). Forvis Mazars’ advisors leverage the latest tools, technologies, and methodologies to help improve internal audit’s ROI. Whether leveraging analytics or implementing robotics, Forvis Mazars can assist clients with realizing their goals by providing the following services:

•    Continuous Auditing
•    Data Analytics
•    Automation Process Assessment
•    GRC Platforms
•    Robotics / Controls Automation

Helping to see risk management as a path to accelerated opportunity. Deepen your understanding of your institution's credit risk with loan review services from Forvis Mazars.

Your credit quality is critical to your institution’s health and continued performance. Because the inherent risks embedded in your loans and your processes for managing loans directly impact your bottom line, a solid loan review program is essential in keeping your institution moving forward. 

Forvis Mazars provides loan review, due diligence, and other credit services to entities ranging from de novo banks to multibillion-dollar financial institutions.

Our loan review consultants provide more than a cursory pass. Their all-in, analytical approach looks beyond the basics of traditional cash flow measures to help detect potential problems before they hit your criticized loan list. Our detailed analysis of your operation will help provide an objective snapshot as well as peer comparison data and guidance for immediate and long-term improvements.

Providing Unmatched Client Experiences® is at the core of our DNA. Our loan review team prides itself on providing our clients with a timely and collaborative experience like no other, using innovative tools and processes. See how our experienced team can help you today. 

Our team can provide:

•    Fully outsourced loan and lease review
•    Due diligence on either buy or sell side
•    Co-sourcing arrangements to manage targeted projects as part of your internal loan review team’s scope
•    Co-sourcing arrangements to provide staff to be managed by your internal loan review team
•    A pre-sale assessment of risk to assist you in preparing for a sale
•    Assistance with loan and lease securitizations

Forvis Mazars offers comprehensive Outsourced Accounting Services (OAS) designed to support businesses, nonprofits, and government entities in efficiently managing their financial operations. These services are flexible and scalable, tailored to each client’s unique needs, and delivered by experienced professionals who bring industry-specific knowledge and strategic insights.

Core Services

Forvis Mazars’ OAS includes a wide range of functions:

• Transaction Processing – Coding transactions, reconciling accounts, paying bills, and preparing month-end close reports.

• Digital Accounting Assessments – Reviewing accounting systems to identify areas for improvement and future scalability.

• Audit Readiness – Preparing financial records to ensure smooth and successful audit outcomes.

• Automation of Accounting Tasks – Implementing automation tools to reduce manual workload and improve accuracy.

• Cloud Accounting System Implementation – Assisting with the transition to cloud-based platforms for better collaboration and accessibility.

• Budgeting & Cash Flow Planning – Supporting financial planning with tools and expertise in budgeting and forecasting.

• Fixed Asset & Lease Accounting – Managing accounting for assets and leases in compliance with applicable standards.

• Annual Form 1099 Filings – Taking care of the preparation and timely submission of 1099 forms.

Sector-Specific Expertise

• Government Entities – Supporting state and local finance departments with accounting expertise tailored to public sector needs.

• Nonprofit Organizations – Helping nonprofits navigate staffing challenges, regulatory compliance, and accounting system management.

• Home Care & Hospice Providers – Offering specialized services and training in widely used accounting software to meet healthcare-specific requirements.

Forvis Mazars’ outsourced accounting approach allows organizations to streamline operations, improve financial visibility, and focus more on their strategic priorities.

Comprehensive global compliance and regulatory management solutions. Regulations are constantly evolving to address new financial system risks and protect customers. Forvis Mazars Regulatory Advisors have in-depth experience with global regulations and supervisory expectations to help your organization respond and drive value through enhanced resiliency.

How Forvis Mazars Can Help

Financial Crime is a systemic risk that plagues the global financial markets. Financial institutions spend significant capital to identify and adapt their systems and processes, as well as upskill teams to keep pace with this ever-evolving risk. Forvis Mazars advisors are at the center of AML emerging trends across the AML risk spectrum, bringing world class talent, industry best practices, and technology enabled solutions to help our clients effectively manage their risks.

•    Program Assessments, Design, Implementation, and Execution
•    Transaction, Alert Monitoring, and Clearing
•    Lookbacks and Investigations
•    Know Your Customer On-boarding
•    Governance, Oversight, Accountability, Communications, and Training
•    Independent Reviews and Validations
•    Model Tuning, Optimizations, and Validations
•    Vulnerability and Gap Assessments
•    Sanction Screening, Due Diligence, Effectiveness, Escalations, and Reporting
•    Data Governance, Data Quality, and Analytics
•    Compliance Review and Internal Audit
•    Managed Services, Outsourcing, and Subject Matter Support

The dynamic regulatory landscape requires financial institutions to establish rigorous adherence programs while remaining flexible enough to adapt and optimize. From synthesizing regulatory feedback to introducing efficiencies and augmenting existing best practices, Forvis Mazars is here to help.

•    Strategic change program and project management
•    Regulatory Transformation
•    Exam Preparation and Management
•    Supervisory Action Response and Remediation
•    Target operating model (TOM) design
•    TOM Roadmap development and execution strategy
•    Process and reporting maturity assessments
•    Rapid process re-engineering

Forvis Mazars regulatory advisors work with global clients, within the three lines of defense, to help them comply with laws, regulations, and guidance. With our deep financial services compliance experience and innovative regulatory technologies, we help drive compliance efficiencies.

•    Compliance Governance Framework Development
•    Compliance, Risk, and Gap Assessments
•    Regulatory Requirements and Controls Mapping
•    Issues Management / Validation
•    Transaction Testing
•    Policy, Procedure, and Standards Documentation
•    Business Process and Control Mapping
•    Regulatory Process Optimization
•    Board and Management Training
•    Enforcement Action Response and Remediation
•    Compliance Review and Internal Audit
•    Managed Services, Outsourcing and Subject Matter Support
•    Education Services

We help broker-dealers, bank holding companies and others across the capital markets with financial and non-financial regulatory reporting. From data origination through report remediation, we help solve clients’ most complex regulatory reporting challenges.

•    Governance, Controls and Oversight Framework/Program
•    Quality Assurance Program and Testing
•    Risk and Control Self-Assessment (RCSA) Development
•    Data Dictionary, Quality, and Lineage
•    Manual Data Governance and Control
•    Regulatory Reporting Process Automation / Process Improvement
•    Digital Regulatory Reporting Solutions
•    Regulatory Reporting Visualization & Analytics
•    Regulatory Rule Consultations
•    Managed Services, Outsourcing, and Subject Matter Support
•    Broker Dealer, Securities, and Capital Markets Operations

Our advisors combine broad functional and technical knowledge with best-in-class strategies and methodologies to help clients automate and optimize regulatory compliance, monitoring, and reporting—from assessing their needs to selecting, developing, and implementing approaches.

•    Regulatory Technology Automation Maturity Assessments
•    Vendor Selection and Implementation Support
•    Agile Software Development Support
•    Data Lake Strategy
•    Compliance Management System Implementation
•    Business and Functional Requirements Development and Documentation
•    User Acceptance Testing Strategy and Execution
•    Regulatory Analytics and Reporting Solutions
•    Regulatory Data Architecture Design and Review
•    Third Party Risk Management

The restructuring and turnaround team at Forvis Mazars helps business leaders see their challenges through different perspectives—and move with momentum through complex situations. Our cross-functional team, rooted in deep industry and subject matter knowledge, allows us to understand your organization's challenges and prioritize close collaboration as we help you move toward resolution during times of distress. From a complete business restructuring plan to helping with critical business negotiations—the team at Forvis Mazars can help turn a lack of confidence and viability into new opportunities with tailored services designed to help you drive impact and change.

We work with you to help you prepare and employ a plan that coordinates the strategic, operating, and financial elements of recovery, reorganization, and restructuring. Our team focuses on driving performance from strategy to execution and puts your needs first by providing an Unmatched Client Experience. Move through moments of transition with the understanding needed for operational excellence to help you overcome your toughest business challenges.

How Forvis Mazars Can Help

We can help you identify specific issues challenging your business. From preparing and guiding the execution of a holistic turnaround plan to business restructuring, we can help from beginning to end.

Our experienced consultants leverage their strategic, financial, and operational proficiency to help you develop strategies to impact change, achieve stability, and drive a path forward. Our services include:

• Turnaround & Recovery
• Reorganization & Restructuring the Business
• Refinancing & Recapitalization
• Transition Planning & Management
• Mergers, Sales, & Acquisitions
• Breakups & Buyouts
• Support to Business Succession

The stresses and pressures of a crisis a business may experience due to debt-related concerns, financial underperformance, or operational and business issues can be overwhelming. We can help you develop and implement strategic and innovative initiatives aimed at helping you stop erosion and increase enterprise value.

Our responsive team works with you to understand the needs of your constituencies and parties-in-interest to help you make informed and coordinated business decisions for an effective implementation and more favorable outcome. Our services include:

• Assessing Financial Strengths, Strategies, & Viability
• Evaluating & Prioritizing Alternatives
• Turning Strategic Plans Into Measurable & Actionable Initiatives
• Operational Assessments & Measurements
• Cash Planning & Budgeting
• Financial Modeling
• Business Model Evaluation & Cost Assessment
• Financing & Capitalization

There are options available to businesses affected by the disruption in changing economies or circumstances. We can assist with cash flow and insolvency matters and have the necessary skills and knowledge set to help protect your interests.

Representing debtors and creditors, our experienced consultants can help you navigate challenges and strategize a path for an improved outcome. Our services include:

• Business Viability Assessments
• Evaluation of Plan Feasibility
• Strategic Business Assessments
• Cash Flow & Collateral Planning, Projecting, & Management
• Formal & Informal Proceeding Advisory Support & Testimony
• Facilitated Agreements for Forbearance or Use of Cash & Other Collateral
• Detailed Financial Statement Projections
• Special Reporting to Parties-in-Interest
• Assistance With Developing Plans for Reorganization & Debt Restructuring
• Secured Creditor & Committee Representations
• Refinancing, DIP, & Exit Financing
• Closing Operations & Liquidation Analysis, Planning, Execution, & Recovery
• Roles as Chief Restructuring Officer
• Receiverships & Trustee Appointments

Making decisions in complex, difficult, and sensitive areas requires experienced and objective consultants. We can assess your challenges to help identify actionable opportunities and provide a new perspective.

Our seasoned consultants can leverage their strategic, financial, and operational knowledge to provide tailored support for your specific needs. Our services include:

• Strategic Planning
• Facilitating Change
• Organization & Business Assessments
• Mentor & Leadership Support
• Referrals to Strategic Capital, Legal, & Other Resources

The ability to respond to clients’ requests efficiently and effectively regarding controls in place when services are provided has become paramount in today’s environment. Users expect assurances in today's outsourced, remote business environment. Boilerplate reports are no longer acceptable given the risks associated with third-party risk management. Our team of passionate people brings the knowledge and skills you need to help solve today's challenges.

Our dedicated team of experienced advisors has helped service organizations drive their business forward, refine their processes, enhance controls, and address various types of third-party assurance requests for decades. Forvis Mazars has a nationally dedicated SOC and HITRUST practice, with team members dedicated to serving clients throughout the U.S. We work with various industries, including technology, healthcare, insurance, financial services, supply chain logistics, REIT and property management, and others.

From preparing for a first System and Organization Controls (SOC) report or HITRUST assessment to having concerns about your existing information security program, Forvis Mazars is here to help you move with momentum. We’ll listen to understand, be responsive, and consult with a purpose—that’s our Unmatched Client Experience.

Help assess and report on the design and operating effectiveness of internal controls.

SOC reporting has become the most widely accepted report on controls at subservice organizations, providing a value proposition that differentiates your organization from your competition.

We provide the following SOC examinations to help organizations assess and report on the design and operating effectiveness of their internal controls:

• SOC Readiness Assessments
• SOC 1, Type 1
• SOC 1, Type 2
• SOC 2, Type 1
• SOC 2, Type 2
• SOC 3
• SOC for Cybersecurity
• SOC for Supply Chain

Performing a SOC examination of a third-party service provider can help:

• Deliver service providers' users with information on the internal control environment, including the operating effectiveness of controls affecting the users’ internal controls over financial reporting
• Address a service provider’s users’ need to understand the internal controls at the service provider related to security, availability, processing integrity, confidentiality, and/or privacy
• Aid the service provider’s users’ financial statement auditors to determine reliance on controls in place at the service provider
• Eliminate the need for multiple customers to perform onsite audits
• Satisfy a requirement by many companies that an audit of internal controls be in place at their service provider
• Indicate to potential customers a service provider’s commitment to internal controls and transaction processing integrity
• Identify improvement opportunities in operational areas at the service provider
• Provide an additional marketing opportunity and competitive advantage over other service providers

Many clients serving the healthcare industry are required by partners, consumers, and other businesses to prove the security around the Protected Health Information (PHI) they receive, store, and use.

In healthcare, HITRUST is the best-in-class certification to highlight an organization’s strategic focus on information security and privacy.

Forvis Mazars offers various HITRUST services to help meet your organization’s needs:

• HITRUST Essentials, 1-year (e1) Assessment: This assessment focuses on entry-level assurance for the most critical cybersecurity controls and verifies that cybersecurity protocols are in place.
• HITRUST Implemented, 1-year (i1) Assessment: This assessment offers a moderate level of cybersecurity assurance focusing on the most current practices and broad-range active cyber threats compared to the e1 assessment.
• HITRUST Readiness Assessment: This assessment helps evaluate how closely an organization’s control environment aligns with the HITRUST CSF. We provide Readiness Assessments to support i1 and r2 assessments. Our HITRUST Readiness Assessment Services help management identify the appropriate HITRUST assessment for the business and prepare the company for its HITRUST validation. Our team can provide training, education, samples, and guidance to help management understand the basis of the HITRUST report and the expectations when moving into the actual assessment work.
• HITRUST Risk-Based, 2-year (r2) Assessment: This assessment results in two reports: the HITRUST CSF Validated Assessment Report and the NIST Cybersecurity Framework Report.

A letter of either validation or certification is also issued, based on the assessment’s scoring.

• HITRUST Interim Assessment: This assessment is required to maintain certified reports and must be submitted no later than the first anniversary of the original certification.

HITRUST provides industry standardization to evaluate healthcare organizations and the security of their PHI.

HITRUST implementations can be challenging. Our assessors work closely with you to define a project plan divided into three critical phases: readiness, implementation, and reporting. Establishing a detailed project plan successfully assists organizations in efficiently meeting their compliance objectives.

By dividing the project into manageable phases, stakeholders can address the task at hand while also focusing on and maintaining daily operations. Touchpoints and communication throughout the process give opportunities for stakeholders and our professionals to make sure the project is moving along smoothly.

In today’s world of digital transformation and automation, organizations face pressure to innovate and stay competitive. As a leader in your field, you’re at the forefront of these initiatives. Create sustainable, long-term value while making your business more resilient with help from our Technology Consulting team.

Forvis Mazars brings the skills, industry experience, and agility to help you move at pace to overcome the obstacles that stand between your current and future state. We deliver solutions through strategic projects, management consulting, technology consulting, co-sourcing arrangements, and managed services. Our consultants help modernize platforms, tools, and governance practices through process improvement and technology solutions tailored to your needs.

For nearly three decades, we’ve implemented large-scale digital transformation for multinational, regional, and local businesses, and our innovative strategies work hand-in-hand with your technology ecosystem.

We roll our sleeves up, have an all-in attitude, and work alongside you throughout the journey—prioritizing close collaboration and a genuine commitment to putting your needs first. That’s our Unmatched Client Experience^®—and how we help you move with momentum. Explore our full suite of Technology Consulting services.

How Forvis Mazars Can Help

Build Better Business Outcomes Through Enterprise Technology Strategy, Enterprise Architecture, & IT Financial Management (ITFM)

You’re expected to lead with a vision and deliver technology strategies that enable desirable business results. Forvis Mazars can help you execute your vision.

Services

• Strategic Technology Planning
• Target Operating Model Design & Road Map
• Capabilities Benchmarking
• System & Vendor Assessment
• Cloud Readiness Assessment
• Technology Governance & Flexible Enterprise Architecture
• CIO Business Office
• ITFM
• Strategic Resource Planning
• Budgeting & Financial Reporting

Revitalize Your Processes, Products, & Services Through Digital Transformation

Digital transformation can help increase efficiency, cost savings, error reduction, and improved experiences for your employees and customers. Forvis Mazars can help you define your strategy and execute projects.

Services

• Digital Transformation Strategy
• Transformation Management Office
• Digital Product & Experience Management
• Digital Transformation Project Execution
• Process Mining
• Business Process Automation

Mobilize Your Technology Lifecycle Management (TLM) From Technology Selection & Implementation to Maintenance & Modernization

It’s imperative to have a strategic approach to manage your organization’s technology ecosystem. Forvis Mazars' consultants provide end-to-end solutions to fit your business and support TLM.

Whether implementing a new enterprise resource planning (ERP) solution, transforming sales and marketing workflows, or migrating to the cloud, we can help you proactively manage your technologies.

Our consultants can help you implement and update ERP, FP&A, HCM, procurement, e-commerce, vendor management, and IT service management systems. 

Services

• System & Application Implementation
• Organizational Readiness Assessment
• System & Vendor Assessment
• Functional System Requirements & Design Support
• End-User Tool Optimization
• Testing Support, Including Test Script Creation & Validation
• Defect Tracking & Management
• Target State Strategy
• System Modernization

Anticipate & Manage Strategic Technology Changes Resulting From Large-Scale Organizational Change

Forvis Mazars can help you navigate digital transformation and dynamic business change, from legal entity restructurings and post-acquisition integrations to transforming your technology ecosystem.

Services

• Strategic Change Program Management
• Business & Operational Transformation
• Post-Merger Integration
• Complex Transaction Change Management

Define Your Future & Extend Your Technology Strategy

Technology advances rapidly. Increasingly, organizations face pressure to innovate and stay competitive in the world of digital transformation and automation. Forvis Mazars can help you move at pace to overcome the obstacles that stand between your current and future state.

We can help you assess the current infrastructure and application environment to better position your business for future success. Our consultants bring hands-on experience with external drivers like market, organizational, economic, and regulatory changes.

Services

• Application Rationalization
• Application Modernization
• Application-Managed Services
• IT Service & Asset Management
• IT Program & Project Management

Transform Your Technology & Business Strategy With Cloud & Automation Solutions

Forvis Mazars brings agility and innovation to cloud computing services, including Microsoft Azure, Google Cloud, AWS, SAP, and Oracle Cloud.

Our consultants can help guide you through your cloud and automation journeys. We can assist you in identifying and implementing cloud and automation services, helping you gain benefits like lower operating costs, shared service models, and improved analytics.

Services

• Cloud Governance Framework & Strategy
• Cloud & Automation Technology Design & Implementation
• System & Vendor Assessment
• Cloud Planning, Forecasting, & Benefits Tracking
• Cloud Migration Business Case Preparation
• Cloud Infrastructure Financial Planning
• Application Migration & Integration
• Managed Technology Support

Empower Security & Technology Leaders With Bespoke Information Security Program Management Services

As your business grows and dynamic changes occur, navigating your security and threat landscape is essential. Forvis Mazars can help you discover adaptable security solutions to stay ahead.

We can help you implement and maintain your organization’s security strategy, governance, and architecture, and target operating model (TOM) to safeguard the data and systems that support daily operations.

IT risk—any risk to information technology that adversely affects products, services, internal business processes, and your overall mission—is a major concern for any business.

Our consultants can help you develop your IT risk management strategies, frameworks, and technologies—including risk identification; monitoring; analytics; and governance, risk, and compliance software—to help you identify and manage risk.

Services

• Strategy, Framework, & TOM
• Security Reporting for Leadership
• Technology & Vendor Assessment
• Technology Resiliency Strategy
• IT Risk Reporting for Leadership
• IT Third-Party Risk Management

Activate Business Potential With ERP & Customer Relationship Management (CRM) Strategy, Implementation, & Support Services

Leverage our value-added reseller technology partnerships and certified experience to help you gain efficiencies and competitive advantage.

Offerings include:

• Microsoft Dynamics ERP & CRM Business Applications
• NetSuite ERP & Business Management Applications
• Sage ERP, Accounting, & Business Management Software
• Salesforce CRM Applications
• Solver Corporate Performance Management Software

Your business changes quickly—and we’re constantly developing products and services to help you meet those new challenges and stay ahead of trends. At Forvis Mazars, innovation is critical to driving our forward vision. It’s embedded in our core values and a key component of our Unmatched Client Experience^®

We listen to understand your problems and ultimately deliver solutions-based approaches to address those issues. Our forward vision can help you achieve your business goals.

Our Approach to Innovation

EDGE: The Innovation Lab of Forvis Mazars

Forvis Mazars is a firm of the future, aimed at delivering fresh ideas, and EDGE is our team dedicated to innovation. Our passion is delivering technology tools that help solve your biggest problems.

Be bold.

   We push boundaries to execute a forward vision for you.

Challenge the status quo.

   We question conventional wisdom to create relevant new tools.

Unleash creative potential.

   We embrace the spirit of innovation to unlock untapped potential and drive meaningful change.

The mission of our EDGE team comprises two pillars.

• To develop valuable technology solutions with unmatched user experiences for our clients and our service delivery professionals.
• We are continuing to execute as a firm of the future, both in the services we deliver to you and the tools we use internally.
• We are always evaluating cutting-edge technologies to determine how they may benefit you.
• To strengthen the culture of innovation at Forvis Mazars:
• We are developing an environment that promotes a creative, problem-solving mindset across the firm
• We are using that environment to attract and retain top talent.

Medicare Skilled Nursing Facility Reimbursement Rates Calculator. Compute your estimated Medicare per-diem rates for skilled nursing services paid under the Medicare prospective payment system with our SNF PPS rate calculator.

Part A 

SNF Part A rates are effective October 1, 2023 through September 30, 2024. 

Rates are based on the final rule published July 31, 2023. Technical corrections could be released resulting in further rate changes. Forvis Mazars will continue monitoring and updating rates as necessary. 

We understand skilled nursing facility (SNF) payment rates are critical to your business operations. The Part A rate calculator reflects estimated SNF Medicare rates under the Patient-Driven Payment Model, including variable payments over a 100-day stay. Providers can view rates by location after entering their Medicare provider number, selecting a volume indicator for Value-Based Purchasing (VBP) adjustment, and indicating whether they are subject to the Quality Reporting Program (QRP) penalties. Please note the template does not include the 2% sequestration reduction.

Rates can be viewed for specific Health Insurance Prospective Payment System (HIPPS) codes calculated by each resident's Minimum Data Set (MDS) assessment, on the Rate Summary tab. The Rate Components tab reflects total rates for each case mix group.

For more information on rate changes, see this article on the July 31, 2023 fiscal year 2024 SNF Part A prospective payment system final rule.

Part B

SNF Part B rates are effective January 1, 2024 through February 29, 2024.

The Part B rate calculator includes commonly used therapy procedure codes that SNFs are paid for under the physician fee schedule.

This tool combines an interactive analytics platform with insightful analysis to identify challenges in your ability to drive change and help you make better data-driven decisions through evidence-based and validated diagnostics.

Research shows rising change in almost every industry—constantly challenging leaders and an evolving workforce. While organizations spend billions of dollars on strategies, initiatives, and projects designed to improve or grow their businesses, most of these initiatives fail to meet expectations—but why? The answer is biology. Our brains do not process change any quicker than they could decades ago. Despite how evolved we think we may be, when there’s a heavy volume of change, and we don’t have sufficient support to lean on, we get stuck.

Regardless of industry, the ability of groups, teams, and individuals to adapt and change their behaviors is critical to successfully implementing strategies and initiatives to keep organizations moving forward and ahead of their competition.

Forvis Mazars' Clari³ty^® is a suite of services that include three distinct offerings that can be implemented standalone or in combination with each other. Clari³ty leverages today's latest research to challenge conventional thought and look beyond the surface to provide leaders and managers with the evidence-based perspectives required to enable a truly fact-based approach to change.

Through easy-to-use survey diagnostics, interactive dashboards, individual change response briefs, and group development opportunities, the three solutions within Clari³ty combine cutting-edge science and in-depth analysis.

Clari³ty provides leaders with the intelligence and insight they need to make a positive impact on their people in pursuit of their unique organizational goals and ambitions by helping them take the guesswork out of change.

When You Need Clari³ty

Bold strategic plans, focused performance improvement programs, or enterprise wide technology implementations all require organizations to drive strategies inclusive of operational and behavioral change. Clari³ty provides leaders with a clearer picture of the multifaceted needs of their people to help reduce change resistance and propel those strategies forward.

Not convinced? Any type of organizational or initiative-driven change will require leaders to be attuned to the needs of their employees. Otherwise, they risk failed strategic launch, disengaged employees, and wasted time or money. If you can’t answer yes to all three of these questions, then you need Clari³ty.

• Do your employees feel heard and respected? 
• Are you measuring for more than just engagement levels?
• Do you know the underlying causes of burnout in your organization?

Performance Improvement

Performance Improvement initiatives are the energy behind the margin improvement today's environment requires. Success with any of these initiatives requires people to modify their mindset and change their behavior. Clari³ty provides leaders with a change readiness perspective and the tactical management vision required to drive Performance Improvement initiatives.

Technology System Implementations

System upgrades and implementations are expensive—and achieving success requires users to modify their behaviors to use new or improved systems as designed. Clari³ty provides leaders with perspective into their people's change readiness and adoption needs, beyond basic training suggestions.

Post-Merger Integration

Mergers and acquisitions drive significant change, even with basic integration activities. Clari³ty identifies challenges to morale, motivation, and productivity that may delay success and further determines the mindset that will support effective integration.

Empower Your Organization to Thrive Financially & Support Your Mission. In the intellectual or developmental disabilities (IDD) and behavioral health space, pressure for leaders to address changing reimbursement models, drive efficiencies, and maintain program services is high. Lack of available technology and access to information inhibits these organizations from reaching their full potential. With our benchmarking tool, you can empower your organization to thrive financially while continuing to support your mission.

Advantages & Capabilities

• Gain actionable insights from interactive analytic dashboards with drill-down capabilities from the state of New York’s Consolidated Fiscal Report data
• Benchmark your organization’s key performance indicators to similar organizations in your area easily and concisely
• Better leverage operations to help enhance future rate calculations and maintain a forward-looking strategy
• Help increase efficiency and save time with an easy-to-navigate interface and accessible visualizations all in one place

Climate change poses a serious threat to humanity, with extreme weather events and chronic climate effects putting lives and livelihoods at risk, either directly or indirectly via economic and environmental impacts.

Our tool, designed in collaboration with Jupiter Intelligence™, provides the insights needed to assess and manage physical risk exposure and bolster resilience to unknown climate futures. The Physical Climate Risk Dashboard covers eight key physical climate perils and produces over 5,900 metrics per location, providing the information needed to analyze scenarios (backed by the latest science) for use in risk management, regulatory compliance, reporting, and strategy setting. The information is widely applicable across industries and is an essential tool in any firm’s climate risk management and governance framework.

With continued pressure for climate disclosures, including information related to scenario analysis and climate risk management, the Physical Climate Risk Dashboard provides the information needed for your stakeholders. Whether you are reporting to CDP or the Task Force on Climate-related Financial Disclosures (TCFD) or preparing for the SEC Proposed Climate Rule, physical risk exposure analysis bolsters your message.

Financial Report Preparation & Support for Public Sector Entities.Streamline Your Financial Report Process.

As part of fulfilling their compliance requirements, governmental entities prepare audited financial documents, including Annual Comprehensive Financial Reports (ACFR) or Annual Financial Reports. This process is often time-consuming, tedious, and error-prone. The Reporting Solution (TRS) can help!

Our web-based platform helps you dynamically build ACFRs in real time. TRS features database-linked financials and a collaborative document editor that allows multiple users to work in the platform simultaneously—helping streamline and simplify your annual reporting process.

Unlike traditional tools like Excel and Word that require you to stitch together various document types, manage versions, and share files back and forth, TRS users can potentially save significant time preparing the ACFR.

We’ve built this innovative platform on our extensive knowledge and experience from serving over 600 public sector clients. Now, you can leverage the same system we use to prepare financial reports for our clients! Ready to experience how TRS can help simplify your annual reporting process?

A Streamlined Preparation Process

Create your entire report using database-driven financial statements, an online word processor, and proprietary spreadsheet technology. Financial statement changes will update in real time across the report’s narrative. Multiple users can work simultaneously across the web-based platform. Export your report as a formatted .pdf or .docx file.

• Simplify sharing and version control
• Link amounts from documents, spreadsheets, and financial statements
• Track report progress

Our platform allows you to maintain your data, adjustments, and financial groupings in one location. When you make changes to your financial statement data or upload a new trial balance, DataLinks automatically update throughout your spreadsheets and narrative sections.

In addition, TRS helps increase transparency, providing line-item details and allowing you to see your data, adjustments, and groupings. Share this data with your auditors to help streamline your audit process.

Backed By GASB Experience

Forvis Mazars has numerous clients who participate in the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting (COA) Program and several team members who serve on GFOA’s Special Review Committee, which allows our professionals to have first-hand insight and knowledge of GFOA’s requirements to obtain the award. In addition, our professionals can share best practices gained from reviewing reports submitted to GFOA’s COA Program.

We also can offer a review of an entity’s ACFR, help resolve identified discrepancies, and help reduce exceptions when reports are returned and submitted to GFOA for the COA Program.

Denials Performance Through Data Analytics in Healthcare. Our tool can help reduce revenue loss and collection rework costs from insurance denials. The platform provides actionable data that allows for root-cause analysis and an effective denials prevention strategy.

In our experience, organizations frequently have initial claim denial rates of 10% or more. Rework expenses from preventable denials are costly, and write-offs associated with denied claims can cost an organization 3% or more of its annual net revenue, significantly impacting the ability to reinvest in patient care. Do you know your organization’s denial rate?

It is critical to address denials proactively. Our reporting and measurement tools help organizations understand their denials performance, write off expenses, establish a data-informed prevention strategy, and get started quickly with a versatile, agile tool.

Help Improve Denial Rates

Our tool is structured to help your organization avoid and prevent revenue loss from insurance denials. The tool provides the ability to monitor, measure, and benchmark your denial performance trends at an organizational level and for specific locations, departments, services, and denial types. It allows for data mining and claim-level detail to assist your organization in uncovering and resolving root-cause issues driving denials. In addition, this tool helps guide your revenue cycle and process improvement teams so they can focus on issues having the largest impact on your organization.

Help Improve Staff Efficiency

Insurance denials can be overturned but often require extensive rework, clinical knowledge, and significant operational labor costs in order to resolve successfully. Our tool is designed to provide visibility and help your organization uncover and resolve high-volume denial trends that are leading to considerable rework costs for your organization.

Help Improve Patient Experience

Insurance denials can and do impact the patient experience, whether through requiring the patient to navigate and participate in a lengthy and complex appeal process or receiving an unexpected bill for a service the patient thought would be covered. Our analytics tool can help organizations identify and reduce denials that may ultimately be impacting the patient experience at your organization.

Built by healthcare finance professionals, for healthcare finance professionals. Reduce the friction and streamline the process of preparing Medicare cost reports with the help of HFS+. Developed in a joint venture with Health Financial Systems (HFS), HFS+ offers an intuitive way to help prepare cost report workpapers and transfer the data into HFS with a push of a button.

With HFS+, you’ll tap into the strengths of two leading firms in the industry: Forvis Mazars and HFS.

Forvis Mazars prepares over 2,100 cost reports each year, making us one of the largest providers of cost reports for healthcare organizations in the U.S. We're equipped with the experience you can trust.

Over the last 35 years, HFS’ software has become the industry standard for cost reports.

Together, we created a software that:

•    Helps to increase efficiency of the preparation process that aids in your team’s overall productivity
•    Helps alleviate concerns associated with reduced cost report personnel and resources
•    Helps diminish startup time and data recollection from prior years
•    Provides a tailored implementation plan specific to your unique organization
•    Provides continuous support throughout the year

Benefits of HFS+

Import and edit data from external sources and create concise workpapers that support your cost report.

Make your cost report review process more efficient with a variety of review features, including:

• Strategic color coding of new departments
• Data that syncs directly with HFS and highlighted input errors
• Workpaper review notes
• Sign-off functionality
• Settlement summary reports

The automatic sync functionality of workpaper data to HFS also limits the need for time-consuming review for input errors.

Easily share cost report workpapers among preparers and reviewers and efficiently export to HFS.

Maintain information security and address the varying needs of large, complex organizations.

A higher level of control has been built in to help primary users dictate the appropriate access for others across their organization and externally.

Reduce start-up time by starting from the prior year's MCRx input data, including:

• Previously developed cost centers
• Live tracking and documentation knowledge transfer
• Other customized options

Our three-part lease accounting tool assists in the adoption of and accounting for FASB 842 and GASB 87 lease standards by helping reduce key pain points that you face during implementation. Bring clarity to your lease standards adoption journey. LeaseVision is a powerful accounting solution that can help you adopt the latest lease standards with ease. Our innovative support pairs artificial intelligence with robust tools, backed by the decades-long accounting experience of our professionals.

Save countless hours with the power of artificial intelligence.

Do you know how many leases your organization has? It isn't always obvious if an agreement is a lease under these new standards. Reviewing your contracts for critical lease terms can be tedious and time-consuming. But not with LeaseVision.

Artificial intelligence software reads your contracts and extracts key lease terms from various lease types, helping you quickly summarize and assess lease components.

Confidently navigate the standards with our implementation road map.

You might wonder how your organization can adopt these standards by your reporting deadline. FASB 842 and GASB 87 are the most significant changes to lease accounting in decades. LeaseVision helps reduce the uncertainty of adoption with our implementation road map.

From checklists to timelines, our road map provides an in-depth process framework to help smooth your implementation.

Powerful lease accounting in a familiar package.

If you’re like most organizations, you recorded your lease activity as an expense. Now that you need to record liabilities and assets on the balance sheet for all leases, you need support to help generate the required records.

Our Excel-based tool can help you perform calculations, develop lease amortization schedules, generate journal entries, and compile quantitative disclosures that comply with the new lease standard.

Is your financial institution relying on intuition to price loans? Are you seeking ways to help grow your loan portfolio in a competitive market? Do you need more visibility into your institution's lending portfolio performance at the lender, branch, product, and customer levels?

LoanPricingPRO can help your financial institution manage and grow your portfolio by factoring in the value of your existing customer relationships and optimizing your proposed loan terms with real-time profitability analysis. LoanPricingPRO's multidimensional reporting allows you to drill down into your lender, product, and customer profitability.

See Profitability at a Glance

Profitability analysis is an integral part of LoanPricingPRO. With each loan request, lenders can immediately see the profitability impact of each loan term and how it relates to institutional goals.

Lenders can see the return on equity (ROE) of the proposed loan and quickly run scenarios to find the most competitive loan terms with the best ROE.

Build Stronger Customer Relationships

When pricing a loan, LoanPricingPRO considers the customer’s existing loans, deposits, related businesses, and personal accounts to provide an overall assessment of the relationship’s ROE. Offer competitive loan packages by gaining a complete picture of the customer relationship with our user-friendly platform.

Gain Insights That Support Growth

LoanPricingPRO has easy-to-use reporting that can give you a strategic overview of your loan portfolio, answering critical questions such as:

• Who are my top 10 most profitable customers?
• What is the ROE of the commercial loan portfolio?
• Does the CRE portfolio have a higher return than C&I loans?
• Which lender has the highest ROE?
• What are they doing differently?

Profitability reporting allows leaders to drill down into lender, product, and customer profitability, revealing opportunities for portfolio profitability improvement. Lenders will know how their profitability contribution compares to institution totals. Lenders can also gain insight into their most profitable clients and their greatest opportunities to improve relationship profitability.

Our experienced professionals will configure the platform to match your institution’s business model and guide you through a profitability analysis of your existing lending products, helping to drive assumptions and targets to balance short-term growth and long-term profitability.

With LoanPricingPRO, Forvis Mazars can help enhance your profitability through data-informed decision making. It's how we manage risk and drive business forward; helping you move with momentum.

This higher education data analysis tool helps you visualize your data and gain insight into which programs are making money and which aren’t, which can result in significant savings.

Forvis Mazars’ Program Economic Analysis allows you to visualize your data and gain insight into which programs are making money and which aren’t, which can result in significant savings.

Has your university ever tried to analyze your program economics? This can be challenging for most learning institutions, but it doesn’t need to be. Forvis Mazars makes it easy, pairing decades of industry experience with our digital solution—Program Economic Analysis (PEA).

A lack of confidence in your data can lead to poor program investments that hinder your institution’s ability to remain viable in this competitive landscape. We can help guide you through data collection, implementation, and analysis so you can make strategic, data-informed decisions that can help create efficiencies in your academic portfolio to balance program offerings.

We’ve helped many schools examine the economics of their academic programs and create an environment that encourages strategic thinking, facilitate communication, and assist with resource allocation and decision making.

Interested to learn more about how PEA can help your institution make data-informed decisions?

Shift the Conversation

Shift the conversation in leadership meetings with powerful features and insights:

• Interactive Dashboards
• Program & Course Economics/Margin Analysis
• Academic Demand
• Tuition Discount Details
• Trends & Forecasts
• Benchmarking Program Economics with Peer Institutions

Gain Confidence in Your Data

We have experience guiding many institutions through the process of extracting and structuring their data. Our higher education professionals can help guide you through the data gathering process to build a solid foundation for your PEA dashboards, allowing you and your stakeholders to be confident in the insights gained with PEA.

Invest in the Right Programs

The reports and dashboards in PEA can help your institution understand which programs are making money and which are not. This can help uncover misalignment of budgets and outcomes, allowing you to strategically and impactfully invest your institution's dollars.

Our Quadrant View dashboard highlights programs with low enrollment and margins and is only one of many valuable reports that can help you take a data-informed approach to decision making.

Maintain Financial Stability

Higher education continues to face rapid change and growing competition, but financial sustainability can be achieved by taking proactive measures. PEA can help equip you to make crucial decisions by giving you insights that allow you to refine class sizes, course frequency, mix of on-campus and virtual offerings, and other operational efficiencies that can lead to an economically effective program portfolio.

Learn about the clean energy tax credits and deductions you or your business may be eligible for and how much tax benefit you potentially could receive.

The Inflation Reduction Act (IRA) contains many clean energy tax provisions, each with nuances that impact what you may qualify for and how much benefit you or your business can potentially receive. Avoid spending significant time researching every aspect of the IRA, and get started with TaxCred PRO for Clean Energy from Forvis Mazars.

TaxCred PRO can help you discover IRA tax credits related to clean energy initiatives such as:

• Solar & wind
• Construction & renovation
• New & used EV purchases (& charging stations)
• Manufacturing of clean energy property
• Alternative fuels
• Carbon sequestration
• Energy production

User-Friendly Clean Energy Questionnaire

TaxCred PRO walks you through IRA discovery with a questionnaire, collecting details about your current or future clean energy initiatives and investments. The questionnaire also provides an option to connect with a Forvis Mazars advisor.

Customized Educational Report

Once the questionnaire is complete, TaxCred PRO delivers a customized educational report outlining some of the specific tax credits and deductions that may be relevant, with a range of potential benefits given your responses in the questionnaire.

IRA Clean Energy Tax Consulting

Empower your clean energy initiatives with a four-phased approach driven by our IRA consulting team. 

Discovery: Evaluate your eligibility for potential federal IRA credits and deductions. Based on the project’s specifications, Forvis Mazars can provide a listing of potentially eligible credits, the estimated credit amount, and the available bonus credit opportunities.

Modeling: Model the economic benefits and costs of pursuing potential clean energy credits. Whether determining which credit option to pursue, deciphering what entity structure is most beneficial, or deciding to transfer credits or elect direct pay, the modeling process can help you understand the internal rate of return on your projects, given various dynamic decision points.

Implementation: The prevailing wage and apprenticeship (PWA) requirements could result in an available credit at five times the otherwise eligible base credit amount. The implementation phase can help you plan for and track compliance, while also defending your PWA bonus credit by accumulating and analyzing the requisite labor information for your project.

Claim: Forvis Mazars can help with the process of claiming the IRA credits, and transferring or electing direct pay for your credits, if applicable. We can help with analyzing contracts, pre-registering with the IRS, or including the requisite disclosures on your tax return. More generally, Forvis Mazars can offer guidance on how to report the credits on the needed forms and schedules on your tax returns so you can utilize the IRA credits available to you.

Performance Benchmarking Tool for Your Healthcare Organization. Forvis Mazars’ suite of benchmarking analytics combines data from a variety of sources into a single, easy-to-use interface to help evaluate, compare, and benchmark performance metrics. Our suite is customized for the different data needs of the unique provider types we serve, including:

Pulse for Post-Acute

Pulse^™ for Post-Acute Care can synthesize Medicare discharge data from inpatient providers to create a national database to help post-acute providers across the spectrum, compare their performance against other providers, and help them establish a competitive advantage in their markets.

Pulse for Community Health Center

How does your organization check out against your peers? Pulse^™ is an interactive dashboard that houses data from existing market tools in one convenient location.