Energy Sector Accounting, Tax, and Advisory

Navigate regulatory requirements, minimize tax exposure, facilitate new growth, and improve technology and security practices.

At EisnerAmper, we support the entire energy sector, including renewable energy, oil and gas, chemicals, traditional power and utilities, and emerging technologies. Our team of specialized professionals brings deep expertise in accounting, advisory, and tax services tailored to meet the unique challenges of the energy industry.

Our team is known for our collaborative approach and for building client relationships that endure over time, even as organizations grow and requirements evolve.

Industries We Serve in the Energy Sector 

We work with a diversified client base in the energy industry, including:

Independent exploration and production companies
Offshore drillers
Pipeline and terminal operators
Oilfield equipment and services companies
Renewable energy producers, including solar, wind, and water
Power & utilities
Chemicals
Interest owners
Oil distributors
Maritime companies
Mining
High net worth investors
Family offices
Private equity teams
Investment partnerships

Comprehensive Support for Energy Companies

Our team’s goal is to provide oil & gas organizations with a wide range of specialized accounting, advisory, and tax services, including:

Assurance/audit services
CFO advisory services
Agreed upon procedures
Vendor management testing
Internal controls/404 testing
Financial reporting assistance
Technical research and implementation

Internal audit
Tax compliance
Tax strategy and planning
Entity selection and restructuring
Multistate and international tax
Wealth transfer and estate planning
Bookkeeping support

R&D tax credit planning and evaluation
Cybersecurity
Litigation support
Business valuations/M&A assistance
ESG services
Family office support services
Transaction advisory

Challenges in the Energy Industry

The energy sector, which encompasses renewable energy, oil and gas, chemicals, traditional power and utilities, and emerging technologies, faces a range of challenges, including market volatility, regulatory pressures, access to capital, and cybersecurity threats.

Financial Statement Review

Regulatory changes: Frequent updates to environmental regulations, tax codes, and accounting standards can create uncertainty and compliance burdens.
Market volatility: Fluctuations in energy prices, geopolitical events, and economic conditions can impact profitability and investment decisions.
Technological advancements: The rapid pace of technological innovation, such as renewable energy sources and energy efficiency improvements, can disrupt traditional business models.
Environmental concerns: Growing public awareness of climate change and environmental sustainability has increased pressure on energy companies to adopt more sustainable practices.
Cybersecurity threats: The increasing sophistication of cyber-attacks poses a significant risk to energy infrastructure and data security.

We help you identify potential risks and their impact on your financial statements and provide proactive tax and consulting services.

EisnerAmper has extensive knowledge of the FASB, SEC, IFRS, and IRS regulatory and reporting requirements relevant to energy organizations.

What's on Your Mind?

Julie Munn-Sims

Julie Munn Sims is a Partner in the firm and leads the firm's CFO Advisory Practice. With nearly 25 years of experience, Julie brings vast consulting experience across the oil and gas, chemicals, and utilities sectors.

View Profile

Start a conversation with Julie