Entrepreneurial Businesses
Expertise
District Advisory provides timely, consistent, and accurate outsourced accounting and advisory services to small and medium-sized businesses in the DC metro area. Utilizing technology to its fullest extent, our processes and team provide the financial information you expect from your accountant and the insight and value you expect from your CFO. District Advisory is a division of the CST Group, a full-service CPA and business advisory firm.
Our experienced team of accountants stay ahead of evolving laws, regulations, and trends to help small businesses understand not only their financial risks, but also their opportunities—both now, and in the future. We are proud of our partnerships with our small business clients and of the long-lasting relationships we have built with them. With District Advisory as your partner, your small business can move forward with a competitive advantage.
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Our specialized accounting services include:
- Break Even Analysis
- Benchmarking
- Cash-Flow Projections
- Cash-Flow Management
- Standard Control Structure
- Due diligence
- Mergers and acquisitions consulting
- Valuation and transaction consulting
Elevate your financial and business strategy with outsourced executive leadership equipped to mature, grow, and sophisticate your company. Our team uses real-world experience to help you proactively navigate your business’ growth. Our CFO’s leverage a toolbox of services – from business analytics to financial projections – to deliver the insights you need to make well-informed decisions. We are your trusted financial partner.
Schedule a Entrepreneurial Discovery Call
Make well-informed business decisions.
We work to understand your end objective and align our solutions accordingly, creating strategies that help you make the best decisions.
Make sure your financial information is reliable.
We have created a robust financial system that ensures your information is reliable and accurate.
Proactively navigate your business’ growth.
Get ahead of poorly managed cash flow and a lackluster professional financial plan with expert financial strategies and management.
Focus on the future of your business.
Whether it’s investor funding or an exit strategy, our outsourced CFO consultants will use their industry expertise for your business.
Powerful Insights. Personalized Strategies.
We believe every business needs a financial partner.
We work with you to grow your business and leverage every strategic opportunity to reach your highest potential. Working with financials isn’t just a business role, it’s a strategic move. Our CFOs work with small and medium-sized business owners to fill in the gap between cost-effectiveness and quality support for financial growth.
FAQs & Answers
We provide end-to-end accounting, bookkeeping, and strategic advisory tailored for startups and founders. Our goal is to simplify your financial operations so you can focus on innovation and growth.
You can partner with us at any stage—from idea to scale. Many entrepreneurs start with us early to establish the right systems, structure, and financial insights that drive long-term success.
Outsourcing saves you time, overhead costs, and ensures expert-level financial accuracy without managing internal staff. We act as your trusted finance team so you can focus on strategy and execution.
We help you prepare solid forecasts, cash flow projections, and investor-ready financial statements. Our advisory services also guide you through funding rounds and growth planning with confidence.
We use leading cloud accounting tools like QuickBooks Online, Bill.com, and dashboard technologies to give you real-time financial visibility. This ensures efficient workflows, faster decision-making, and scalable growth support.
Yes — we assist with entity formation, bookkeeping setup, payroll systems, and tax compliance. You’ll start with a solid foundation built for growth and audit readiness.
We design flexible accounting solutions that adjust with your business cycles. From burn rate tracking to expense control, we help you maintain financial stability through every phase.
We offer transparent, scalable pricing based on your company’s size and complexity—no hidden fees. You can choose a plan that grows with your business.
We go beyond bookkeeping to deliver financial dashboards, KPI tracking, and data-driven advice. Our advisory helps you make smarter, faster decisions aligned with your goals.
Most startups are fully onboarded in just a few weeks. From there, we deliver accurate reports and insights you can rely on every month—so you can move fast with clarity.
Outsourced Accounting for Law Firms
At District Advisory, we provide outsourced accounting and advisory services designed specifically for law firms. From independent attorneys to small and larger practices, we handle your financial management with expertise, so you can focus on serving clients and winning cases, not crunching numbers.
Why Law Firms Choose Outsourced Accounting
Law firms face an array of distinct financial challenges, like compliance with strict regulations, managing billable hours and collections, optimizing cash flow amid uneven revenue cycles, and planning for growth or partnerships. In-house accounting can be costly, time-consuming, and prone to errors, taking focus away from serving clients.
By outsourcing to District Advisory, you gain:
- Reliable and Accurate Financial Information: We implement comprehensive systems to ensure your books are precise, compliant, and audit-ready.
- Proactive Cash Flow Management: Get ahead of delays in collections or uneven billing cycles with expert forecasting and strategies.
- Strategic Insights for Growth: Leverage fractional CFO expertise for profitability analysis, budgeting, partner compensation planning, and merger acquisition due diligence.
- Compliance Expertise: Navigate regulations governing legal practices with confidence, reducing risks and penalties.
- Cost-Effective Scalability: Access CPA-level experts without the overhead of full-time staff. You count on fixed monthly fees with no surprises.
Our Outsourced Accounting Services for Law Firms
We combine industry-leading technology with personalized accounting guidance to handle your financial back office seamlessly. Here’s how we make it effortless to you:
Core Bookkeeping & Financial Close
- Accurate transaction recording and categorizations
- Bank/credit card reconciliations
- Month-end entries (accruals, depreciation)
- Project-based accounting for cases and matters
- Variance analysis against budgets
Cash Flow Management & Forecasting
- 13-week rolling cash flow projections
- Accounts receivable/collections optimization (reducing days sales outstanding)
- Accounts payable processing for timely vendor payments
Financial Reporting & Analysis
- Board/partner-ready financial packages with summaries
- Custom KPI dashboards (realization rates, utilization, profitability per partner)
- Industry benchmarking for legal practices
Fractional CFO Services
- Strategic planning and budgeting
- Profitability analysis and executive compensation strategies
- Financial projections and scenario planning
- Support for firm growth, mergers, or exit strategies
Technology-Enabled Solutions
Benefits of Partnering with District Advisory
- Focus on Practicing Law → Run your firm while we manage the financial back office.
- Expert Financial Leadership → Access experienced CPAs and CFOs without executive-level costs.
- Transparent Pricing → Predictable monthly fees based on your firm's needs.
- Local Expertise → Serving law firms and professional services in Virginia, Maryland, and Washington DC.
- Powerful Insights. Personalized Strategies. → We act as your trusted financial partner to maximize profitability and growth.
Ready to Elevate Your Law Firm's Finances?
Schedule a free 15-minute discovery call with our experts to discuss your firm’s needs and how we can help.
Join hundreds of business owners who trust District Advisory as their financial partner.
See what running a business is like with District Advisory on your side. Schedule a 15 minute discovery call with one of our experts to see how we can help you reach the full potential of your business.
We partner with the best in financial technology.
