Our core values are rooted in an unwavering commitment to client service and a passion for the success of our clients and our team members. Highly satisfied clients and enduring client relationships have defined Weaver, beyond market cycles and across generations. Thank you for the
opportunity to contribute to your success.�
Tommy D. Lawler, CPA Managing Partner and CEO
Weaver at a Glance Weaver’s culture is the culmination of talented people, the right tools and training, and an enjoyable professional environment. Every day, we weave together the right resources so our people can accomplish their best work. And at the center of the great work we do ...are our clients.
People We are a growing firm with more than 500 employees from 16 countries, including China, France, Serbia, Zimbabwe and many more.
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Weaver is the largest independent accounting firm in the Southwest and is consistently ranked among the top 40 firms in the country. We have Texas offices in Austin, Dallas, Fort Worth, Houston, Midland, Odessa and San Antonio. We’re also operating in Denver, Colorado, Los Angeles, California, and Stamford, Connecticut.
Headquartered in
Fort Worth since 1950
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Texas offices
10
US locations
Rankings Global Network
161
firms
137
countries
Quality goes hand in hand with value, and
quality is Weaver’s core strength. Our commitment is to help each client manage the various risks and regulatory requirements facing their business, and to help them capitalize on every opportunity.
We want your success.� W. David Rook, CPA Partner-in-Charge, Assurance and Advisory Services
Assurance and Advisory Services We transform the audit experience from an exercise in meeting your company’s compliance requirements into a positive experience marked by bringing current insights and best practices to your business. Our assurance services include:
Agreed-upon procedures Audit, review and compilation Peer review IFRS assessment and conversion
Public company services SSAE 16/SOC 1, 2 & 3 Employee benefit plan audit
Additionally, we offer a full suite of advisory services, including risk, IT and transaction advisory services, and forensic and litigation services. We have a dedicated public company practice with professionals focused and experienced in providing these services to public companies.
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Public Company Services Whether you are already registered with the SEC or are considering the merits of an IPO, Weaver understands the nuances and complexities of your situation. We can provide audit, tax and SEC filing assistance. Well-respected for independent auditing that combines objectivity with insight and independence, Weaver has a dedicated audit practice to help public companies operate with trust and confidence in an increasingly complex regulatory and economic environment. Weaver offers a comprehensive set of advisory services to help your company prepare to be public, including transaction advisory services to help public company executives with buy- or sell-side transactions, due diligence, structuring and closing the deal. Regardless of the nature and/or size of your operations and transactions, our team can help.
Some of our services to public companies include: Agreed-upon procedures Audit and review in conjunction with Forms S-1, 10-K and 8-K Budgeting and benchmarking Corporate restructuring and recapitalization Internal audit IPO-readiness assistance Ownership succession planning Preparation of hedge documentation for derivatives Purchase-price allocation and push-down accounting for business combinations Sarbanes-Oxley compliance Start-up plans and organizational studies Valuation and due diligence
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Private Equity Focus Private equity firms are in perpetual motion, operating through multiple cycles at different—though simultaneous— stages, based on the activity of portfolio companies and the markets in which they operate. Weaver is dedicated to providing timely value in every interaction. Our highly experienced teams provide prompt, insightful communication and responsiveness that anticipates your needs, allowing you to balance your resources and leverage opportunities. In addition to audit and tax services, Weaver has extensive experience providing transaction advisory services to private equity firms and to private equity-backed companies in the oil and gas, manufacturing and distribution, technology and professional services industries.
As part of our core services for private equity funds, we offer best practices on:
Fund formation Deal structuring Entity structuring Exit strategy consulting
Our private equity-focused transaction advisory services include:
Business valuation Financial reporting Management assistance Due diligence
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Risk Advisory Services Our risk advisory services are strategic, executable and measurable―and our nimble process is designed to help companies remain optimally functional as they identify and manage risk. We work closely with our clients to customize services that fit their existing staff structure and operations. Integral to this sensitive work, we believe our communication skills are as valuable as our technical knowledge and professional insight. You will experience thoughtful, purposeful communication throughout the process. For many years, our risk-based, no-surprises approach has helped companies and government entities translate complex information into knowledge, and knowledge into decisions.
Specific services include: Business continuity planning Business process improvement Contract monitoring and compliance Enterprise risk management Internal audit Integrated financial and IT audit Performance audit and measurement Regulatory compliance Risk assessment Sarbanes-Oxley compliance
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Financial Institutions Consulting Financial institutions continue to face a challenging economy, combined with increasing regulatory requirements. Weaver’s experienced financial institutions team—seasoned CPAs, former bank regulators, internal auditors, former lenders and IT security professionals—helps banks and other financial institutions manage the complex risks these circumstances create. With our deep industry knowledge, we help our clients assess financial, operational and compliance risk, providing efficient solutions to mitigate risk and exposure. At Weaver, we’re passionate about client service, and we’re in the business of helping our clients achieve success.
In addition to core audit and tax services for financial institutions, we offer: ACH review Asset/liability management review BSA/AML compliance Fair lending Internal audit IT audit Loan review Regulatory compliance audit Risk assessment
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IT Advisory Services We are focused on delivering performance-enhancing consultations that simultaneously address your IT and business agendas. We work directly with CIOs and others to create a more riskaware, effective IT organization that can nimbly drive process efficiencies throughout your company and better support and deliver transformational business change. From cloud computing to mobile payment information, data integrity and information security have never been more crucial. With a range of specialized IT advisory services, Weaver can help your company distinguish IT as a the strategic advantage to succeed in the age of big data.
Specific services include: Application controls review (automated business process controls) Business continuity and disaster recovery Cloud computing assessment Data analytics Data privacy, including PCI and HIPAA compliance Information security and vulnerability assessment ISO27001 reviews IT audit IT governance and organizational effectiveness IT risk assessment Pre- and post-implementation application reviews Service Organization Controls (SOC) reporting 10
Transaction Advisory Services For corporate clients, private equity firms and professional service firms in the process of an acquisition, merger or divestiture, Weaver offers a variety of transaction advisory services, including due diligence, business valuation and postintegration services. Widely recognized for delivering exceptional attention to detail, we are also known for our personal level of service. Business owners and investors consistently face challenges in determining the value of a business, or objectively assessing the risks associated with an acquisition or divestiture of another company.
Specific services include: Business valuation Due diligence Post-merger integration
Weaver’s experienced team utilizes proven processes and tools to both evaluate and improve businesses from financial accounting, tax and information technology perspectives. In addition to providing clients with independent, supportable documentation, Weaver’s team can help identify and resolve hidden issues—preventing unforeseen delays and unexpected surprises. 11
Forensics and Litigation Services Weaver forensics is your solution. Our team combines forensic accounting and fraud investigative skills with deep industry knowledge, enabling us to swiftly and discreetly get to the facts. By discovering and documenting evidence, reconstructing events, conducting interviews, analyzing complex financial transactions or providing expert testimony, our team can help you recover your losses, mitigate future damage and develop support for legal actions if that becomes necessary.
Our investigations services include:
Dispute services Corporate investigations Litigation services Receiverships Regulatory compliance Anti-corruption Wealth management controversies
Our team is led by a former FBI Special Agent who has years of experience investigating allegations of fraud and providing expert testimony. The forensics team includes professionals who are certified in fraud, ethics/compliance and information technology. We have forensics and litigation services experience in a wide variety of industries, including oil and gas, healthcare, receiverships, public sector and financial services. 12
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Strategic tax planning provides tremendous value. With our knowledge and experience in dozens of industries, we can
customize a tax strategy to your organization’s needs, leveraging
federal, state, local and international tax strategies. We also offer wealth strategies for family-owned businesses and individuals.� Clinton L. Siddons, CPA Partner-in-Charge, Tax and Strategic Business Services
Tax Services Let Weaver help you plan ahead and capitalize on opportunities at your own pace. Our tax planning approach does more than eliminate tax liability surprises, it aims to provide you with greater insight into your overall strategic planning process. We study current industry trends, consider the issues particular to your business and develop the right approach to help ensure your long-term success. In addition, we provide a depth of strategic tax services to help you, including individual and fiduciary income tax; estate, gift and trust tax; and generation-skipping transfer tax.
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Federal Tax Compliance and Planning At Weaver, we believe tax compliance and planning should do more than just meet filing deadlines and help eliminate unpleasant tax surprises. We’ll untangle the intricacies of federal tax laws to uncover and plan for tax opportunities your organization can use to achieve its financial goals. With expertise in dozens of industries, we have the depth of knowledge and experience to create a tax plan tailored to support your organization’s over-arching business strategy. We’ll consider your company’s issues and opportunities and deploy the right tax strategies to meet your short and long-term needs.
Specific services include: Compensation planning Stockholder (buy/sell) reviews Federal and state tax credit reviews Inventory and LIFO studies Cost segregation Choice of entity 1031 tax-free exchanges ASC 740: Tax Provision Compliance (formerly FAS 109) and FIN 48 Analysis Net operating loss utilization Representation before the IRS and other taxing authorities Research and development tax credit
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State and Local Tax State income, franchise and gross receipts-based taxes are complex and constantly changing areas of state tax. Sales and use taxes, nexus issues, property taxes and exemptions are particularly intricate. Rules vary widely between states, and the compliance and accounting for such taxes can be burdensome on any size business. Too often these complexities become a drain on tax department resources and company profits. We’re here to help. Weaver’s multi-state experience across industries is only the foundation for meeting your needs. We’ll closely study your business to understand your particular tax issues and financial goals. Then, we’ll create a strategic tax plan to help you achieve those goals.
Specific services include:
Audit defense Controversy hearings and appeals Credit and incentive negotiation Due diligence for acquisition and divestiture activities Income sourcing Nexus requirements Property tax compliance and consulting Tax amnesty Transaction structuring Unclaimed property reporting and policy and procedure consultation Unitary taxation Voluntary disclosure negotiation Sales tax refund review
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International Tax The mobile, social and digital revolutions have made it easier than ever to conduct business on a global scale; however, import duties, international tariffs, disclosures and the financial issues of foreign business are increasingly complicated for many companies. Weaver offers a variety of international consulting and compliance services that cater specifically to the tax needs of international companies, as well as those that desire to operate internationally. For individuals, we can help with tax planning and secondment arrangements, as well as address work permit and visa issues. And, if you or your company is ever audited, whether in the U.S. or abroad, Weaver can help defend you.
Some of our services include: Business modeling Cross-border transaction planning, structuring and management Expatriate tax compliance and planning E&P computations and interest expense allocations Foreign tax credit planning and compliance Global structuring, M&A and refinancing strategies Off-shore asset protection strategy Supply-chain and shared services review Transfer pricing compliance documentation U.S. and foreign tax audit defense
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Wealth Strategies Authentic relationships are the most valuable resource anyone can possess. At Weaver, relationships are based on mutual respect and are conducted with dignity, modesty, confidentiality and the highest professional and ethical standards. Many of the clients who have entrusted us with their business audit and tax service needs also choose Weaver for advisory services in their philanthropic interests and faithful due diligence to personal wealth strategies. We never forget that, while it’s our business, it’s your life.
Specific services include:
Estate, gift and trust planning Family office Investment advisory* Philanthropic planning Retirement planning Private risk management* Family business and succession planning Tax strategies
*Services provided by Weaver Wealth Management, our affiliated registered investment advisor and licensed insurance agency.
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The key to our success is our extensive knowledge of the industries we serve. Weaver professionals are talented
accountants and advisors with top-notch training and valuable experience. The industry experience and insight we bring to our clients is not only a value add, it’s part of Weaver’s
defining client service.”
John J. Mackel III, CPA Partner-in-Charge, Industry Practices
Distinguished Industry Knowledge Weaver is selected by company executives who appreciate the depth of our experience in some of the most complex and highly regulated industries. Our work is distinguished by our keen understanding of the ever-changing regulatory and market conditions that influence your operations and impact your success. We have distinct knowledge of the specific issues and opportunities present in oil and gas, renewable energy, financial services, manufacturing and distribution, real estate, construction, technology and many other industries. In addition, we have deep familiarity with the issues faced by school districts, state government agencies, municipalities and nonprofit organizations.
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We help stakeholders in oil and gas companies understand the value of their products, their assets and their companies.
Oil and Gas As a market leader, we have decades of experience serving all sizes of publicly traded and privately held companies, with a concentration in private equity-sponsored E&P and midstream companies. Many of the world’s leading domestic and global energy companies choose Weaver, including E&P, refining, fuel producers and marketers, independent oil traders, pipeline transportation and energy storage companies; local business owners and operators; PE firms with oil and gas holdings and more. Our oilfield service clients specialize in drilling and support services for oil and gas wells; preparing wells for production, transportation, maintaining and enhancing well output; and manufacturing oil field equipment. We understand navigating uncertain credit markets, increasing industry legislation and tax reform, consolidation, regulatory and environmental oversight, health and safety issues, data security and other areas of potential risk. We keep these things top of mind so you don’t have to.
Services beyond core audit and tax include: Full cost/successful efforts conversion IFRS assessment and conversion Internal audit IT audit Joint interest audit Litigation support Multi-state tax planning Research and development tax credit Risk assessment Sales and use tax review Sales tax refund review Sarbanes-Oxley compliance Structuring buy/sell agreements Texas margin tax planning Valuation and due diligence
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Renewable Energy Weaver offers a comprehensive range of professional services to renewable energy companies—renewable power and fuels. We understand the regulatory and market complexities that renewable energy companies face, and Weaver has a long-standing history of providing services and delivering solutions to address our clients’ specific needs.
Energy Compliance –Consulting We work with small and large companies to help them navigate evolving regulations, including clean fuels regulations governed by the U.S. Environmental Protection Agency (EPA), Environment Canada and various states. We assist companies in understanding the regulatory requirements, maintaining overall compliance and reaping the benefits of the programs available.
Energy Compliance –Audit For more than 25 years, Weaver’s renewable energy practice has conducted compliance audits and reviews for the EPA, the U.S. Customs, the State of Arizona and both public and private companies in the petroleum and renewable fuels industries. We are one of the largest providers of EPA attestation services in the U.S. and one of a select group of firms pre-registered by the EPA to perform Quality Assurance Program audits related to the Renewable Fuels Standard program.
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We are the go-to firm for reliable energy compliance and consulting.
Our financial services team is deeply experienced and highly responsive to our clients’ needs.
Financial Services At Weaver, we deliver professional services to companies across the financial services industry, including alternative investment funds, banks, broker/dealers, credit unions, endowments, insurance companies, real estate holding companies and trust funds. From our dedicated hedge fund professionals to our seasoned bank compliance and consulting professionals, we bring together a unique combination of knowledge and well-established relationships with market participants across the financial services industry.
Beyond our core audit and tax services, we offer: Disaster recovery and business continuity review IT audit Internal audit Risk assessment Sarbanes-Oxley compliance Financial institutions consulting services include: Fair lending compliance FDICIA, SOX and MAR FFIEC IT audit and project management FLIC compliance Loan review Regulatory compliance: BSA/AML, consumer, fiduciary/trust audits and GLBA
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Manufacturing and Distribution Our focus is always to help our manufacturing and distribution clients increase efficiency and cost savings. We work closely with our clients as knowledgeable advisors on crossborder transactional planning and management, quality control, process improvement, technological innovations and environmental regulation compliance. Whether you’re in steel fabrication or food processing, heavy equipment manufacturing or wholesale distributing, we have experience in your field, insight into your challenges, and a track record for providing the solutions you need to achieve success. We understand what drives your business, the evolving regulatory compliance challenges, strategic tax issues and the risks you face. You need more than a traditional accounting firm, and we have the consultants to assist you in achieving your goals.
Services beyond core audit and tax include:
Business process improvement Internal audit Internal controls audit International tax Inventory capitalization (full-absorption) analysis Just-in-time inventory management Materials requirements planning Nexus study Profit contribution analysis Rate of return and capital expenditure analysis Research and development tax credit Reverse sales tax audit Risk assessment Sales tax refund review Valuation and due diligence 28
Many of our clients have been with Weaver for decades. Why? Responsiveness and consistency in the quality of our work.
Our depth of services allows us to help our clients address their evolving needs.
Real Estate Fluctuating market prices, evolving regulations and a dizzying array of financing options present both challenges and opportunities to companies and investors in the real estate industry. Whether real estate is in a bubble, a bust or a transitional phase, effective solutions require the services of a firm with extensive knowledge and experience in real estate accounting and auditing, tax strategies and advisory services. Weaver’s knowledge and experience spans many segments of the real estate industry, including developers, owners and operators of commercial and residential real estate, master-planned communities, REITs, investment funds, homebuilders, property management companies and real estate brokers. As part of our real estate practice, we also serve multiple branches of the hospitality industry, including hotels, restaurants, country clubs and golf courses.
Weaver offers many services beyond core audit and tax, including: Cash flow analysis Cost segregation and energy consultation Choice-of-entity analysis Fraud investigation Internal controls audit International tax IT security and controls analysis Lease audit Like-kind exchange planning Operational review and assessment Outsourced CFO/Controller services Profit enhancement study Rehabilitation and low-income housing credit planning and assessment Sales and use tax consultation Valuation and due diligence 31
Construction For decades, Weaver has served the construction industry, providing assurance, tax and advisory services to firms of all sizes. We understand the industry landscape and the financial and operational challenges facing contractors, including such issues as tightening credit and surety markets, complex joint venture arrangements, increasing competition, operating with varying backlog levels, and the requirement to meet ever-changing federal and state tax regulations. Our industry experience is a powerful benefit to more than 100 construction firms, including large multi-state general contractors, prime subcontractors, industrial and specialty contractors, and road, bridge and heavy highway contractors.
Our services include: Audit, review and compilation Benchmarking analysis Federal tax planning and compliance services, including tax accounting methods and elections unique to the construction industry Fraud investigation Internal control audit Job costing and reporting Representation before the IRS and other taxing authorities Revenue recognition State and local tax consulting, including sales tax considerations Valuation and due diligence
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We emphasize communication, flexibility and attention to detail.
Every encounter we have with our clients is an important opportunity to earn their trust.
Government and Nonprofit Credibility and public trust are as important as time and money. That’s why, for more than 60 years, directors of school boards, leaders of state and municipal governments, public utilities and universities chose Weaver. Our highly trained practice of approximately 120 professionals are knowledgeable about the nuances of governmental accounting and the complexities of entity operations. We’re dedicated to helping government entities and nonprofits solve problems and prevent issues. Our ultimate goal is to help these entities maintain their public trust and credibility. We also have extensive experience in single audits that meet both federal and Texas requirements. Weaver audits approximately 50 entities that currently receive the GFOA Certificate of Achievement. Weaver’s clients
Services beyond core audit and tax include: Business continuity planning Business process improvement Contract monitoring and compliance Forensic investigation Internal audit IT audit Organizational assessment Performance auditing and measurement Risk assessment Service Organization Controls (SOC) reporting
are routinely awarded the Certificate of Achievement. Weaver is an approved TXMAS vendor for Finance and Business Solutions and an approved DBITS vendor for IT Assessments and Planning and Independent Verification and Validation.
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Technology We provide audit, tax and advisory services to companies across virtually every segment of the technology industry, including software, hardware, telecommunications, eCommerce, life sciences, nanotechnology, biotechnology and medical device manufacturing. We help forward-thinking companies throughout the technology company lifecycle, from the seed stages of funding through the resolution of complex liquidation events. Whether clients are preparing for an IPO, merger, acquisition or private equity deal, our technology industry professionals have the knowledge and experience to help you achieve your overall, financial and risk management objectives.
Services beyond core audit and tax include: Accounting process and internal controls development Business process improvement Internal audit International tax IT audit Public filing preparation Service Organization Controls (SOC) reporting Sarbanes-Oxley compliance/ readiness State and local tax Transfer pricing analysis Valuation and due diligence
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We work with clients from the early days as a start-up through periods of exponential growth. At Weaver, every client is a valued client.
HOW CAN WEAVER HELP YOU?
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Knowledge, objectivity, accountability, insight and integrity – Weaver brings this all together to provide quality services dedicated to your success.
Our Locations Austin Dallas Fort Worth Houston Midland Odessa San Antonio Operations also in: Denver, Colorado Los Angeles, California Stamford, Connecticut weaver.com
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