What's Happening?
Dixon Hughes Goodman, now known as DHG, has been operating since 1959 and has expanded its services from traditional audit and tax offerings to include extensive advisory services. The firm, which was
founded in Western North Carolina, has grown to 30 offices across the U.S. DHG's Asheville office, established in 1979, serves clients in various sectors such as healthcare, manufacturing, real estate, and non-profits. The firm has adapted its services in response to the COVID-19 pandemic, helping clients navigate financial challenges like the CARES Act and PPP Loan Forgiveness. DHG emphasizes community involvement, contributing over 450 volunteer hours since 2016 and supporting local organizations like MANNA FoodBank and the United Way.
Why It's Important?
DHG's expansion into advisory services reflects a broader trend in the accounting industry where firms are diversifying their offerings to meet evolving client needs. This shift is crucial as businesses face complex challenges, particularly in the wake of the COVID-19 pandemic. DHG's community engagement efforts highlight the importance of corporate social responsibility, which can enhance a firm's reputation and strengthen client relationships. By supporting local organizations and fostering an inclusive workplace, DHG is positioning itself as a leader in both professional services and community involvement.
What's Next?
DHG plans to continue evolving its services to address ongoing changes in the business environment. The firm is likely to expand its Knowledge Share program, offering more webinars and resources to help clients stay informed about industry changes. DHG's commitment to diversity and inclusion suggests ongoing initiatives to foster a supportive workplace culture. As the firm adapts to new challenges, it may explore further strategic mergers or partnerships to enhance its service offerings and community impact.
Beyond the Headlines
DHG's focus on inclusion and diversity is not only a moral imperative but also a strategic advantage. By fostering a diverse workplace, DHG can attract top talent and drive innovation, which is essential for long-term success. The firm's community service initiatives reflect a growing trend among businesses to integrate social responsibility into their core operations, which can lead to positive societal impacts and improved business outcomes.
