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Regardless of industry businesses need accounting and risk management advice from skilled consultants for reasons such as:

  • To monitor and improve their financial performance and efficiency through the use of management accounting techniques and tools.
  • To identify, assess, and mitigate potential risks that could threaten the achievement of their objectives, profitability, or reputation.
  • To comply with the relevant laws and regulations that govern their industry and operations.
  • To enhance their decision-making and strategic planning by using data analysis and forecasting methods
  • To cope with the increasing volatility and complexity of the business environment, especially in the face of disruptive events such as pandemics, cyberattacks, or natural disasters.

About Our Firm

Established by former Big 4 risk advisory veterans, Bishop & Company Advisors, LLC offers management consulting, data analytics, and risk advisory services. Our clients include mid-sized companies, regional and national industry associations, regulatory agencies and others that recognize their need for specialized analysis and advice.

Bishop and Company Advisors provides professional advice and guidance on matters to growing businesses, helping them to better understand their issues and improve performance. We also offer specialized data analysis and assessment services to provide management with answers to their unique and complex questions, and then structure effective and innovative strategies and solutions that leverage what has been learned.

At Bishop and Company Advisors , we have highly qualified and experienced consultants who can provide you with customized and comprehensive services in the following areas:

  • Management accounting and performance improvement: We can help you optimize your business processes, systems, and resources by using advanced management accounting techniques and tools, such as budgeting, costing, variance analysis, balanced scorecard, or activity-based management.
  • Risk management and governance: We can help you identify, assess, and mitigate the potential risks that could affect your business operations, reputation, or profitability. We can also help you design and implement effective business controls, policies, and procedures to ensure compliance with the applicable laws and regulations.
  • Data analytics and forecasting: We can help you leverage the power of data to enhance your decision-making and strategic planning. We can also help you use various data analysis and forecasting methods, such as regression, correlation, time series, or scenario analysis.

We work closely with our clients to understand their challenges and opportunities, and to deliver tailored solutions that add value to their businesses. Contact us today to find out how we can help you succeed in the competitive and uncertain business environment.

Service Examples

Cost Accounting, Data Aggregation, and Data Analysis

  • Design and implementation of governmental regulatory cost reporting programs
  • Creation and maintenance of independent industry cost data repositories
  • Multi-level industry and large-provider profit source analyses and ‘what-if’ modeling
  • Industry and facility cost and profit center trending
  • Metropolitan Statistical Area and individual facility normative cost comparisons
  • Analysis of the effects of changes to reimbursement models and/or dependency studies

Risk Management

  • Multi-level Risk Assessment identifying and prioritizing organizational threats
  • Development/update of IT organizational risk and control governance frameworks
  • Compliance Assessments (e.g., as related to expected policies and procedures, etc.)
  • IT Risk Management function evaluation and transformation roadmap
  • IT Internal Risk Function assessment of existing team structure, skill sets, tools, etc.
  • Process Design and Business Performance Improvement Policies and Procedures Development

Security Services

  • Identity and Data Access Management assessment and process improvement
  • Inventorying Information repositories/systems
  • Develop/document Identity Access attributes taxonomy
  • Access Provisioning and Auditing systems
  • Role attributes and cleanliness
  • SOX and Trust Services preparation and readiness reviews

Leadership

David Bishop
Founder
After serving as a partner at Wolf and Company and as national Director of Long-term Care Services at Price Waterhouse, Dave started Bishop & Company to provide Medicaid reimbursement and rate-setting consulting services. Before retiring as the company’s full-time leader, Dave had advised long-term care provider associations, ownership groups, and Title 19 agencies in fifteen states, as well as lecturing and authoring articles on health care and Medicaid-related issues. For over thirty years Dave ensured Bishop & Company always upheld its core ideals of professional integrity and adding value to every client.

George Bishop
Managing Director and Principal Consultant
George leads Bishop & Company Advisors’ consulting practice with a focus on practical, actionable solutions. With more than thirty years of financial and IT consulting experience, including leadership roles at PwC and EY, regional accounting firms, and a top 10 bank, he brings a rare cross-disciplinary perspective and insights to every project. Clients value his ability to turn data and operational complexities, regulatory requirements, and financial objectives into clear strategies that move their organizations forward.