Transportation, Distribution & Marketing

CREATING BUSINESS & FINANCIAL SOLUTIONS FOR PETROLEUM MARKETERS

We are recognized as a leading accounting firm to the middle market in the petroleum industry including upstream, midstream, and downstream areas. Our deep industry expertise comes from working with numerous petroleum companies across the country.

Some of the key industry segments we serve include:

  • Bio diesel production
  • Cardlock fueling stations
  • Common carrier
  • Convenience stores
  • Ethanol production
  • Exploration and production
  • Oilfield services
  • Pipeline operations
  • Refineries
  • Renewable fuels
  • Terminal operations
  • Transportation, distribution and marketing of petroleum products

Having a knowledgeable team who understands the competitive forces shaping your industry is critical to managing a successful business. As leaders in the industry, we are quick to identify and address new trends, accounting requirements and regulations to ensure our clients’ future success. With our national reputation and years of experience, we have the capabilities to serve the petroleum industry with distinction through the support of our firm’s National Petroleum Practice.



We can address the following needs:

Audit & Assurance Services

  • Attestation services including agreed-upon procedures reports and service auditor reports (SSAE 16)
  • Audit committee advice
  • Audits of financial statements of employee benefit plans and pensions
  • Audits, reviews and compilations of financial statements
  • Customized assurance services
  • Due diligence
  • Financial forecasts
  • Financial reporting assistance
  • RIN (renewable identification number) compliance

 

Tax Services

  • Business formation and entity structuring
  • Cost segregation studies
  • Energy credits
  • Estate and succession planning
  • Executive tax and financial planning
  • Expatriate tax
  • Federal tax planning and compliance
  • International tax planning
  • IRS and state controversy representation
  • LIFO analysis and computation
  • Property tax planning
  • Research and development credits
  • Sales, use and excise taxes
  • State and local taxation
  • Tax incentives
  • Transfer pricing

 

Business Consulting Services

INTERNAL AUDIT, RISK & COMPLIANCE

  • PCI (payment card industry) compliance
  • Enterprise risk management
  • Contract compliance services
  • Internal controls review and design
  • Sarbanes-Oxley compliance

TRANSACTION SERVICES

  • Business valuation
  • Financial and operational due diligence
  • Financial modeling
  • Introduction to sources of capital
  • Post-merger integration
  • Quality of earnings assessments
  • Sell side and buy side advisory

MANAGEMENT & TECHNOLOGY CONSULTING

  • Business intelligence
  • Operations and supply chain optimization
  • Performance management and continuous improvement
  • Strategic business planning and implementation

FORENSIC, LITIGATION & VALUATION

  • Accountant malpractice claims
  • Business insurance claims measurement and consulting
  • Family law and divorce consulting
  • Financial fraud examinations and investigations
  • Litigation support and expert testimony

OTHER ADVISORY SERVICES

  • Benchmarking
  • Bookkeeping assistance
  • Derivatives
  • Profit enhancement solutions
  • Resource solutions