Clifton Larson Allen: A Comprehensive Guide To Understanding The Leading Professional Services Firm

Clifton Larson Allen: A Comprehensive Guide To Understanding The Leading Professional Services Firm

Clifton Larson Allen (CLA) is more than just an accounting firm; it's a trusted partner for businesses navigating the complex financial landscape. Established as one of the largest professional services firms in the United States, CLA offers a wide range of services, including audit, tax, consulting, and wealth advisory. In this article, we will dive deep into the history, services, and impact of CLA, providing you with a thorough understanding of why this firm stands out in the industry.

Founded in 2012 through the merger of Clifton Gunderson and LarsonAllen, CLA has built a reputation for excellence and reliability. With its extensive network and resources, the firm serves clients across various industries, helping them achieve their financial goals while ensuring compliance with ever-changing regulations. This comprehensive guide will explore the firm’s history, services, and commitment to community engagement.

As we navigate through this article, you will discover the unique attributes that make Clifton Larson Allen a reputable name in professional services. From their commitment to client success to their innovative approach to problem-solving, CLA's dedication to quality and integrity is unmatched. Let's embark on this exploration of one of the leading firms in the accounting industry.

Table of Contents

History of Clifton Larson Allen

Clifton Larson Allen has a rich history that dates back to its founding through the merger of two prominent firms. The roots of Clifton Gunderson go as far back as 1960, and LarsonAllen was established in 1979. The merger in 2012 allowed the firms to combine their strengths, offering enhanced services and a broader reach.

Today, CLA operates with over 7,000 professionals in more than 100 locations across the United States, making it one of the top 10 accounting firms in the country. This growth has been fueled by a strategic focus on client needs and an emphasis on providing customized solutions.

Key Milestones in CLA's History

  • 1960: Foundation of Clifton Gunderson.
  • 1979: Establishment of LarsonAllen.
  • 2012: Merger to form Clifton Larson Allen.
  • 2019: Expansion into additional markets.

Services Offered by CLA

Clifton Larson Allen offers a diverse array of services tailored to meet the needs of their clients. Here are some key services provided by the firm:

  • Audit and Assurance: Providing comprehensive audit services to ensure accuracy and compliance.
  • Tax Services: Offering tax planning and compliance to minimize liabilities.
  • Consulting: Delivering strategic consulting services to enhance operational effectiveness.
  • Wealth Advisory: Helping individuals manage their wealth and plan for the future.

Specialized Services

  • Cybersecurity: Assessing and enhancing clients' cybersecurity measures.
  • Forensic Services: Providing investigative services for fraud and dispute resolution.

Industries Served by CLA

CLA serves a wide range of industries, ensuring that they understand the unique challenges faced by each sector. Some of the primary industries include:

  • Healthcare: Providing tailored solutions to healthcare providers.
  • Construction: Assisting construction firms with project management and financial oversight.
  • Manufacturing: Offering insights into operational efficiency and cost management.
  • Non-Profit: Supporting non-profit organizations with compliance and financial stewardship.

Leadership at Clifton Larson Allen

At the helm of Clifton Larson Allen is a team of experienced professionals who guide the firm with integrity and vision. The leadership team emphasizes a culture of collaboration and innovation.

Key members of the leadership team include:

  • President and CEO: Jen Leary
  • Chairman of the Board: John H. Sweeney
  • Chief Financial Officer: Laura L. McCarthy

Community Involvement

Clifton Larson Allen is deeply committed to community engagement. The firm believes in giving back and actively participates in various charitable initiatives. Their focus on corporate social responsibility has led to numerous community projects and partnerships.

Some of the key community initiatives include:

  • Volunteer programs for employees.
  • Sponsorship of local events and charities.
  • Financial literacy programs for underprivileged communities.

Awards and Recognitions

Clifton Larson Allen's commitment to excellence has not gone unnoticed. The firm has received numerous awards and recognitions in various categories, including:

  • Top 10 Accounting Firms in the U.S. by Accounting Today.
  • Best Places to Work by several regional publications.
  • Recognition for community service and corporate responsibility.

Client Success Stories

CLA's dedication to client success is reflected in numerous case studies and success stories. The firm has helped businesses achieve their financial objectives through tailored solutions and strategic advice.

Some notable client success stories include:

  • A healthcare provider that improved operational efficiency by 30%.
  • A construction firm that successfully managed project costs through CLA's consulting services.

Conclusion

In conclusion, Clifton Larson Allen stands out as a leader in the professional services industry, offering a wide range of services that cater to diverse client needs. From their rich history to their commitment to community engagement, CLA continues to uphold its reputation for excellence and reliability. As the firm progresses, it remains dedicated to helping clients navigate the complexities of the financial world.

We invite you to share your thoughts in the comments below and explore more articles on our site for further insights into the accounting industry.

Thank you for reading, and we look forward to welcoming you back for more valuable content!

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