Serving organizations across Maryland
Financial control for Maryland organizations operating across programs, locations and entities.
R² Advisors is a McLean-based, CPA-led financial advisory firm serving organizations across Maryland. We connect accounting, tax, cash and reporting so leaders can see what belongs to each program, project, location and entity without losing the combined picture.
Based in McLean, Virginia, and working across the Washington region, including Maryland.
The work spreads. The financial picture still has to come back together.
An organization can operate across several Maryland locations, entities or funding arrangements while its financial process still depends on one set of books and a small number of people. As the work spreads, leadership needs to see what belongs to each part without losing the combined picture.
Programs and locations operate differently.
Staffing, revenue and obligations may vary by site or program. Leadership needs a consistent way to see which parts are supporting the organization and which require attention.
Legal entities do not match the management view.
Property, operating and investment entities may each have separate records and obligations. Leadership still needs one view of the decisions affecting them together.
One picture, built from every part of the organization.
Financial control is the system of records, responsibilities, reviews, evidence and decisions that makes financial information dependable. Managed Financial Control is R²’s recurring financial-control relationship for keeping that system dependable month after month.
What R² means by Financial ControlSites and programs. What each location or program earns, costs and needs, measured the same way every month.
Related entities. Which entity owns, owes and pays for what, and how the pieces add up.
Tax across jurisdictions. Maryland state and local obligations, alongside those in Virginia and the District.
Begin with the part that has drifted furthest.
Some organizations need one location or entity brought back into line before anything else. Others need a monthly close that holds every part to the same standard. Some need tax and structural advice as they add sites, programs or entities.
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Establish Control
Do our locations and entities measure results the same way?
We align the chart of accounts, cost allocations and close process across sites and entities, so each part can be compared with the others.
Explore Establish Control -
Maintain Control
the recurring relationship
Can leadership see every part each month without rebuilding the picture?
Through Managed Financial Control, R² keeps each location, program and entity current and brings them together in one monthly review that shows what needs a decision.
Explore Managed Financial Control -
Extend Control
What should change before the next site, program or entity is added?
Tax strategy, entity structuring advice and CFO-level planning when expansion, a financing or a change in ownership is on the table.
Explore Extend Control
Three ways Maryland organizations grow more complex
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Distributed Services, Programs & Locations
For organizations delivering services through several sites or programs, results differ by location long before the combined statements show it. Each of Maryland’s 23 counties and Baltimore City also sets its own local income tax rate (Maryland Department of Legislative Services (opens in a new tab)), which adds a layer to payroll and tax for organizations with people across the state.
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Contracts, Grants & External Accountability
For grant-funded programs and contract work, each funding source expects its own accounting, often on its own calendar. A program can be on track overall while one award is overspent or one contract is under-recovering.
Explore contracts, grants and external accountability -
Capital, Projects & Complex Entities
For owners and operators holding property, projects or investments in separate entities, each one has its own books, lenders and filings. The decisions that affect them rarely stay inside one entity.
Explore capital, projects and complex entities
Close enough to understand how the region operates.
R² Advisors is based in McLean and works across the greater Washington region, including Maryland. Many organizations here operate in more than one jurisdiction: people live in one, work in another and are paid by an entity registered in a third.
Our work reflects that. We help organizations that deliver services across several locations, run grant-funded programs, hold related entities, carry real estate or capital projects, and manage reporting and tax responsibilities in Maryland, Virginia and the District.
What these organizations share is a financial picture spread across too many places. Our job is to bring it back together, accurately and on a schedule leadership can rely on.
What happens after you get in touch
A senior member of our team reviews your message and helps determine where the work should begin. We ask which locations, programs or entities are hardest to see clearly, and what leadership is trying to decide.
Often one site or one entity is the right place to start. The first conversations show whether that work is Establish, Maintain or Extend.
If each location has its own bookkeeper or manager, we work with them. R² can carry defined responsibilities directly or support the people already in place.
Questions Maryland leaders ask before the first conversation
Can R² work with organizations operating in both Maryland and Washington?
Yes. R² is based in McLean and works with organizations across Maryland, the District and Virginia, including those with people, sites or entities in more than one of them.
Can reporting be organized by location, program, contract or entity?
Yes. We set up the accounts and allocations so each view comes from the same records, and the totals agree whichever way leadership looks at them.
Do we need clean records before beginning?
No. Most organizations contact us because the records have fallen behind the way they now operate. The first step is understanding where each part stands.
Tell us what changed.
You do not need to know which part is causing the problem. Tell us what has become harder to see, and we will tell you where we would begin.