Crowe Horwath Overview 2016

© 2016 Crowe Horwath LLP

Hello.Introduction to Crowe Horwath LLP


© 2016 Crowe Horwath LLP 22

Our Vision

Goal

What We Do

Management Philosophy

Core Purpose

Values

Vision Strategies

WIN3

Building Value with Values

Deep Specialization

One Crowe

ConsultingAccounting Technology

Care Share Invest Grow

Goal


Crowe Services

We strive for nothing less than a trusted relationship in which every client feels valued:

• Business risks• Regulatory

compliance risks• Technology risks

• Conflict minerals compliance• Forensic technology and

investigation services• M&A services• Operational improvement• IT advisory• Valuation services• Restructuring advisory• Bankruptcy and insolvency

services

• State and local tax• Federal tax• International tax• Private client services• Compliance outsourcing and

technology• Benefit plan consulting

and compliance

Financial Services sector• Information management• Credit portfolio management• Process improvement and

technology assessment

Manufacturing sector• Enterprise solutions

• Performance improvement

Government sector• Enterprise solutions

• Operational and IT advisory services

• Financial advisory services

Healthcare sector• Net revenue and reimbursement

• Revenue cycle

External audits• Financial statement audits• Benefit plan audits• Specialized audits• Fund and portfolio audits

Other services• Financial reporting• Accounting advisory

RiskAdvisoryTax Audit Performance


Crowe Revenue by Core Services

• The chart shows a breakdown of Crowe revenue by core service.

• FY ending 3/31/16

30%

25%29%

11%

5%

Risk Consulting

Audit Advisory Services

Tax

Performance


Retail Dealers

31%

19%

16%

8%4%

5%

14%

3%

HealthcareConstruction &

Real Estate

Manufacturing & Distribution

Public Sector

Diversified

Financial Services

Private Equity Groups

Crowe Revenue by Industry Specialization

• Clients have indicated our industry specialization as a key reason for selecting us.

• The majority of our revenue comes from servicing clients in these key industries.



Over 25 Years of Experience with Private Equity Groups

• Crowe works with over 243 private equity groups and over 523 portfolio companies.

• 13 percent of our total revenue comes from serving private equity groups and their portfolio companies.

• Two of our top 10 clients are private equity groups.


Retail Dealers

31%

19%

16%

8%4%

5%

14%

3%

HealthcareConstruction &

Real Estate

Manufacturing & Distribution

Public Sector

Diversified

Financial Services

Private Equity Groups

13% Private Equity Groups and

Portfolio Companies


Crowe Horwath InternationalGlobal Statistics

Countries > 120

Offices > 700

Partners and Staff > 30,000

Revenue USD > $3.0B

Crowe Horwath International

More than 170 independent member firms, business associates, and correspondent firms.


Smart decisions. Lasting value.TM

We help clients make smart decisions today that create lasting value for tomorrow.

One of the largest public accounting, consulting, and technology firms in the United States

• Recognized as the eighth largest firm in both The 2015 Accounting Today Top 100 Firms in the U.S. and Public Accounting Report 2014 Top U.S. Accounting Firms Survey

• >30 offices coast to coast

• >3,000 personnel

Professionals Coast to Coast03 00,


Sustained Growth and Stability

• Founded in 1942, Crowe is celebrating more than 70 years of stability, growth, and innovation.

• Crowe ranks as the eighth largest nationalfirm based on U.S. net revenue.*

• Crowe Horwath International ranksas the ninth largest international network.

0

100

200

300

400

500

600

700

800

Annu

al R

even

ue in

Mill

ions

Sustained Growth

* The 2016 Accounting Today Top 100 Firms


Exceptional Client Experience

• Annually, we work with independent researchers to survey clients and help us understand how we can improve our client experience and earn their trust and recommendations.

• Crowe has achieved a 90 percent client engagement index, outperforming the accounting industry benchmark by 35 points.*

* “Most Engaged Customers” Business to Business Survey, Accounting and Tax, PeopleMetrics Inc. 2013

The exceptional client experience team at Crowe received the Customer Experience Innovation Award from the CXPA. This is the most prestigious award a company can receive from the CXPA.

Crowe and its client experience professionals have been recognized by the Customer Experience Professionals Association (CXPA) as a company that is delivering great experiences to clients and is a “Customer Experience Impact Award” winner.

Crowe has been recognized by the Temkin Group as a finalist for the 2014 Temkin Customer Experience Excellence Award.

For the fifth year in a row (2015), Crowe has been recognized as one of the five best-performing companies across PeopleMetrics’ customer base. In addition, PeopleMetrics’ customer base selected two Crowe professionals to be PeopleMetrics Brand Ambassadors.

90%Client Engagement Index

35 Points Above Industry

Benchmark


Manufacturing and Distribution

• More than 2,000 M&D clients including global Fortune 500 to emerging small businesses

• Deep specialization and focus on innovation has enabled us to develop more than 80 solutions for M&D

• Industry-focused teams address the highly specialized needs of specific subsectors such as: solutions80

clients2,000

• Automotive• Chemical• Construction Materials• Electrical and High Tech• Food and Commodities• Life Sciences

• Machinery and Industrial Equipment

• Metals• Plastics and Rubber• Textiles and Apparel• Wholesale Distribution


Financial Services

• Banking, insurance, and brokerage

• More than 1,800 financial services clients

• One of the leading providers to the financial services industry and ranked number one nationally for number of audits for publicly-traded financial institutions

• Dedicated professionals, many have prior experience working in the industry or for an industry regulator

• Regulatory task force members who work with the PCAOB and SEC

Source: SNL Financial LC, 2015

clients01 08,

leading audit1# provider


Private Equity

• A private equity (PE) client base consisting of more than 340 PE groups with a combined total fund size of nearly $200 billion

• More than half of our top 50 clients are PE groups

• Industry-specific solutions delivered by professionals with specialized functional and industry expertise

• One relationship manager for each PE firm

• Expertise to help throughout the entire life of the fund

fund size200$ billionPE Groups340


healthcareprofessionals

5 00

Healthcare

• Technology-assisted, data-driven methodology including two patented solutions

• More than 500 dedicated healthcare professionals

• More than 2,500 healthcare clients

• Clients range from five of the largest U.S. not-for-profit healthcare systems to regional and academic systems and physician groups

• Crowe is ranked as one of the largest healthcare management consulting firms in the U.S.

clients2,500


Audit Services Overview

• Professional excellence• Stringent independence controls

• Assurance Professional Practice group

• Quality standards• Annual PCAOB inspection

• Center for Audit Quality member

• Process efficiency• Automated work papers system

• CiRT® solution


External audits• Benefit plan audits• Specialized audits• Fund and portfolio audits

Other services• Financial reporting• Accounting advisory

Audit Services


Trusted Tax Services

• A top tax firm• Accounting Today, 2015

• Knowledge and experience• Fully dedicated tax specialization

• Fortune 1000, Forbes 2000, and Tax Executives Institute member clients

• National Tax Office


• State and local tax• Federal tax• International tax• Private client services• Compliance outsourcing and

technology• Benefit plan consulting and

compliance

Tax Services


Tax Technology

• Innovative tax technology drives performance

• Crowe K-1 Navigator

• Crowe R&D Navigator

• Crowe Tax Risk Assessment and Control (C-TRAC)

• Crowe State Tax Amended Reporting

• Crowe International Tax Manager™

• Crowe Use Tax Simplifier

• Crowe POC Manager™



Advisory Services Overview

• 30 years of global experience

• Value-added insight to help address complex and strategic issues• Strategic growth

• Valuation

• Restructuring

• Asset recovery

• Global reach and cross-border expertise


• Conflict minerals compliance• Forensic technology and investigation

services• M&A services• Operational improvement• IT advisory• Valuation services• Restructuring advisory• Bankruptcy and insolvency services

Advisory Services


Risk Consulting Overview

• We have more than 1,100 experienced practitioners with geographic, functional, and industry expertise.

• Our professionals use their expertise to enhance governance and risk management, which protect value and improve the performance of organizations• Financial Services & Banking

• Manufacturing & Distribution

• Healthcare & Life Sciences

• Public Sector


• Business risks• Regulatory compliance risks• Technology risks

Risk Consulting

The governance, risk, and compliance management solutions from Crowe are endorsed by the American Bankers Association (ABA) through its subsidiary, the Corporation for American Banking. The ABA endorsement of these solutions indicates they deliver high quality and meet performance standards, and offer the potential to improve your bank’s profitability and performance.



• Business Risks• Sustainable risk management• Governance, risk, and compliance• Vendor management • Internal Audit• Third-party risk• Financial asset credit risk• Loan and credit review• Business continuity management• Operational risk • Fraud• Initial public offering (IPO) readiness

• Regulatory Compliance Risks• Compliance management• Consumer compliance• Financial crime• Anti-money laundering• Fraud• Misappropriation of funds or assets• Credit risk• Model risk management and validation




Technology RisksCybersecurity Advisory and Consulting

• Cybersecurity Strategy• Co-Sourced and Outsourced

Security• Business Continuity Management• Third Party Risk Management• Big Data

Assessments and Audits• IT Internal Audit Co-sourcing &

Outsourcing• ERP Consulting & Auditing• Penetration Testing• Social Engineering• Information Security Assessments• Application Security• Security Forensics


Compliance & Assurance• Payment Card Industry (PCI)• HIPAA• FFIEC / GLBA• ISO 27001 / 27002• EU Safe Harbor• State Privacy Laws• Service Organization Control

(SOC) Reports


Performance Consulting Services Overview

Financial Services sector• Information management• Credit portfolio management• Process improvement and

technology assessment

Manufacturing sector• Enterprise solutions• Performance

improvement


Government sector• Enterprise solutions• Operational and IT

advisory services• Financial advisory

services

Healthcare sector• Net revenue and

reimbursement• Revenue cycle


In accordance with applicable professional standards, some firm services may not be available to attest clients.

This material is for informational purposes only and should not be construed as financial or legal advice. Please seek guidance specific to your organization from qualified advisers in your jurisdiction.

© 2016 Crowe Horwath LLP, an independent member of Crowe Horwath International crowehorwath.com/disclosure2323

Jeffrey LyonsAssistant DirectorCrowe Horwath LLPOffice: +1 212-735-7722| Mobile: +1 [email protected]

Thank you

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Crowe Horwath Overview 2016