Financial Institutions Non-profits and Governmental
Wholesale Distribution Professional Services
Manufacturing Retail
Construction Hospitality
Oil and Gas Employee Benefit Plans
Technology  



Financial Institutions

The challenges facing financial institutions are many and great. As customer needs increasingly drive the industry toward servicing individuality, the necessity of flexibility becomes ever more important. Richey, May & Co. relies upon the intricate knowledge of highly skilled professionals to provide financial service industry clients with the tools necessary to remain competitive in the local and national marketplace by addressing everything from day-to-day operations to year-end and strategic planning.
Non-profits and Governmental
The complexities surrounding governmental and non-profit accounting are daunting to say the least, as maintaining compliance with government regulations is complicated and confusing. Richey May & Co. realizes that no two governmental or non-profit organizations are alike. We intimately work with our clients to discover the best fit for their financial needs. As government restrictions on non-profits and governmental entities are sure to become more cumbersome in the years ahead, finding the right firm to partner with in making the journey will definitely become all the more crucial.
Wholesale Distribution
Richey May & Co.’s experience serving wholesale distributors provides the firm with the knowledge and insight to recognize and address issues that are often industry specific. Beyond providing our clients with the traditional CPA firm services of tax, auditing, and compliance, Richey May & Co. actively engages its clientele with comprehensive consulting services which tighten money leaks and increase operational efficiency. Ultimately, every company is in need of financial direction, and with the right firm, strategic goals can become reality.
Professional Services

Just like any other business, service industry professionals are in need of experienced expert accounting and consulting knowledge. Whether it's profit-sharing plan audits, business planning, or systems analysis, Richey May & Co. is dedicated to providing professionals in the service industry with all the tools necessary to succeed in the competitive marketplace.

Richey May & Co.’s professional services include, but are not limited to, auditing, tax, and management consulting, in addition to forensics, retirement/succession planning, strategic planning, mergers and acquisitions, estate planning, systems development, and internal control development/reviews.

Manufacturing
As the price of raw materials continues to skyrocket, manufacturing firms need to look for new and inventive ways of recapturing diminishing profit margins. Through dedication and experience, Richey May & Co. can help manufacturing firms implement cheaper and more efficient product development cycles while interpreting the most recent tax provisions for the manufacturing industry. By approaching each and every manufacturing company as a separate and unique venture, Richey May & Co. is better suited to provide its clients with unparalleled solutions to the operational and strategic questions that challenge manufacturers the most.
Retail
The retail and consumer product (R&C) environment is always extremely competitive. Now more than ever, competing firms can reach more consumers quicker and more efficiently through the use of the internet. In order for R&C firms to stay competitive, they need to be able to control costs, both fixed and variable, maximize profit margins, and manage customer loyalty. Richey May & Co. believes that success in the R&C sector begins by addressing operational efficiency and acutely managing inventory. Richey May & Co. is fully capable of providing R&C companies with tax, audit, and management advisory services.
Construction
As industrializing nations secure more of the natural resources that builders rely on most, the sector in whole begins facing new and unforeseen challenges. In order to stay competitive, construction industry firms will need to be more cognizant of every penny than ever before. Richey May & Co. is dedicated to working with its construction industry clients to seek out the best solution to everyday decisions and long-term goals. In addition to management consulting, the Richey May & Co. team continuously strives to provide its construction sector clients with the latest information on regulatory requirements and tax legislation.
Hospitality
Highly sensitive to economic and market conditions, the Hospitality and Leisure industry is a gauntlet of trend tracking, capital investment, maintenance, and marketing. Competitive companies in this fierce industry must be able to face a constantly changing landscape of consumer preferences, while simultaneously managing day-to-day customer relationships. Richey May & Co. offers hospitality and leisure industry clients audit, tax, and consulting services, along with one-on-one relationships to ensure we meet each client’s unique needs.
Oil and Gas
Richey May & Co.’s long history of serving regional Oil and Gas companies is best exemplified by the respect of some of the regions most active industry participants. The changing face of the Oil and Gas industry means tighter supplies, with the potential for high profit margins. Richey May & Co.’s intricate knowledge of the industry ensures the firm’s clients receive superior compliance and regulatory advice at all levels.
Employee Benefit Plans

The fidicuiary responsibilities of maintaining an employee benefit plan are great and the penalties for not meeting those responsibilities can be steep. The dynamic nature of the employee benefit plans environment makes it necessary for plan auditors to closely monitor regulatory, legislative, audit, and accounting developments. In addition, the unique nature of employee benefit plans creates a number of complex accounting and auditing issues for plans and their auditors.

Richey, May & Co.’s commitment in this area is reflected in its membership in the AICPA’s Employee Benefit Plan Audit Quality Center.  As such, we voluntarily adhere to higher standards of audit quality in our policies, procedures and training related to the performance of benefit plan audits. These standards are the benchmark of our commitment to quality performance and client service.
Technology

The Technology industry is possibly the most competitive and sensitive of all industries. Heavily relying on properly timing the release of new products and services, Tech companies must properly plan all business operations to ensure continued success and a competitive advantage. Richey May & Co. recognizes the volatility of the Technology industry by assisting its client’s in micro-managing critical processes from R&D to product delivery. Richey May & Co. strives to provide all of its technology industry clients with the real-time service that the industry thrives on.