Firm Reputation
As the largest accounting firm in Alabama, Warren Averett is accustomed to serving the needs of substantial organizations. Our Firm serves many multi-state and international public and private companies in a variety of industries. We are uniquely suited to competently address a substantial distressed business situation because of our size and the depth of service offered. We have all of the tools at our disposal for dealing with the various issues that emerge in distressed business situations. We have professionals with specific expertise in each area of business and with numerous industries to competently deal with each situation independently. These resources and capabilities can be leveraged to deal with the many specialized needs of the business to speed the recovery process.
WARREN AVERETT IS A NATIONALLY RECOGNIZED FIRM, RANKING AMONG THE NATION'S LARGEST FIRMS AND SERVING SOME OF THE SOUTH'S LARGEST COMPANIES
| Criteria for Ranking | Our Firm's Rank | Source |
| CPA Firms in Alabama | 1 | Business Alabama (2010) |
| CPA Firms in the Southeast | 15 | Accounting Today (2010) |
| All CPA Firms in the United States | 78 | Inside Public Accounting (2009) |
In addition to these rankings, Warren Averett is a registered member of the Public Company Accounting Oversight Board (PCAOB). We are also included among AICPA's Major Firms Group, an elite group of privately owned accounting firms.
When a business engages the Turnaround Professionals of Warren Averett, all of the Firm's resources and services can be utilized to execute the turnaround plan and meet our client's business and personal needs. Our Turnaround Professionals know how and when to call on specific expertise within Warren Averett to produce results for their clients. If the business has weak internal controls that inadequately safeguard assets, information systems that do not provide reliable information, shortcomings with cost accounting, complex insolvency related tax or financial reporting issues or even multi level staffing needs, we have specialized experts within our Firm who can competently address these issues. Our other specialties are numerous, and because we work on behalf of substantial companies and because we have an array of professionals with varying expertise, we can tackle the underlying business issues being experienced.
Success Stories
A third generation manufacturer that had historically been profitable had recently been reporting growing losses resulting in broken covenants on the company's line of credit. Warren Averett was engaged to assist management in determining the cause of the losses and to assist in developing a plan. Warren Averett prepared a product line profitability analysis and determined some products were being sold at negative margins.
The company had recently outsourced the partial production of some of its product lines. While outsourcing was a viable alternative, management had not eliminated the fixed costs in the plant related to the items being outsourced.
Contact Us
2500 Acton Road | Birmingham, AL 35243 | 205.979.4100
