What Harding, Shymanski & Company, P.S.C. does

Harding, Shymanski & Company, P.S.C. is a privately held, regional CPA and business advisory firm founded in 1975 by Al Harding and Dick Shymanski and headquartered in Evansville, Indiana. The firm operates from two physical locations—Evansville (21 SE Third Street, Suite 500) and Louisville, Kentucky (101 S 5th Street, Suite 1700)—serving clients across the Indiana-Kentucky-Illinois Tri-State area. Service lines span accounting and auditing, tax consulting and compliance, advisory services, outsourced accounting, wealth management, and medical billing, organized in a single-firm model with industry-specialized practices serving manufacturing and wholesale distribution, agriculture and agribusiness, healthcare providers, construction and real estate, financial institutions, small businesses, and individuals.

The product architecture combines core CPA services with several branded offerings and a wholly-owned subsidiary. "FOCUS" is the firm's branded outsourced accounting partnership providing recurring bookkeeping, payroll, and controller-level services, generating subscription-style recurring revenue. "STEPS" (Succession, Transition, and Estate Planning Solutions) is a branded advisory module for business owners. Wealth management is delivered through an affiliation with Avantax Planning Partners, Inc., a registered investment adviser, with securities offered through Cetera Wealth Services, LLC. HSC Medical Billing & Consulting is a wholly-owned subsidiary providing revenue cycle management, credentialing, and chart audits for healthcare providers. The firm operates standard accounting practice management software, with client document exchange handled via ShareFile and a NetLinks Solution client portal; no proprietary platform, AI/ML capabilities, or APIs are disclosed.

Revenue is generated primarily through engagement-based professional service fees for audit, tax, and advisory work, with a recurring component from FOCUS outsourced bookkeeping and payroll engagements and managed-services revenue via the Avantax wealth management affiliation. Pricing is quote-based and not publicly disclosed. The go-to-market is sales-led and relationship-driven, with client acquisition occurring through industry expertise, professional reputation, community presence, and referral networks. Marketing channels include a content resource library, regular tax and succession webinars, industry-specific guides, community events such as the Farm Financial & Tax Update seminar, and a LinkedIn presence. With 101–250 employees, the firm celebrated its 50th anniversary in 2025 and has remained independent throughout its history with no disclosed private equity, venture capital, or parent-company ownership.

Name

Harding, Shymanski & Company, P.S.C.

Legal name

Harding, Shymanski & Company, P.S.C.

Website

https://hsccpa.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Harding, Shymanski & Company, P.S.C. is a privately held regional CPA and business advisory firm founded in 1975, serving manufacturing, agriculture, healthcare, construction, and individual clients across the Tri-State area from offices in Evansville, Indiana and Louisville, Kentucky.

Ownership category

akta.pro rank

Headquarters

HQ city

Evansville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Accounting and Auditing Services: Traditional fee-based professional services revenue for audit, review, and compilation engagements. Revenue is generated through professional service fees billed to business clients requiring financial statement attestations.
2. Tax Preparation and Planning: Fees for tax return preparation, tax planning, and tax compliance services for individuals and businesses. Includes federal, state, and local tax services.
3. Bookkeeping and Payroll Services: Recurring monthly or quarterly fees for outsourced bookkeeping, payroll processing, and related financial record-keeping services.
4. Wealth Management Services: Financial planning and wealth management advisory services, potentially offered through affiliated investment advisory relationships.
5. Medical Billing and Consulting: Healthcare revenue cycle management and medical billing services for healthcare providers, including credentialing, coding, and chart audits.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Harding, Shymanski & Company, P.S.C. is a CPA and business advisory firm delivering accounting and auditing, tax consulting and compliance, advisory services, outsourced accounting (FOCUS), wealth management, and medical billing and consulting services. The firm operates from offices in Evansville, Indiana and Louisville, Kentucky, serving businesses and individuals primarily across the Tri-State area with industry-specific expertise in manufacturing, agriculture, healthcare, construction, and financial institutions.

Product overview

Harding, Shymanski & Company, P.S.C. is a full-service CPA and business advisory firm offering a unified suite of professional services organized around core accounting functions and industry-specific verticals. The firm's primary offerings include Accounting & Auditing, Advisory Services, Outsourcing Services (FOCUS), Wealth Management Services (via Avantax), Tax Consulting & Compliance, and HSC Medical Billing & Consulting as specialized add-on modules. The firm also provides branded solutions including STEPS (Succession, Transition, and Estate Planning Solutions) and serves specific industry verticals including agriculture, manufacturing, healthcare, construction/real estate, and financial institutions. The architecture is a single-firm model with specialized practice areas rather than a platform-plus-modules approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting & Auditing Financial statement preparation, audit and assurance services, and compliance-focused accounting functions for businesses and individuals.
• Tax Consulting & Compliance
• Advisory Services
• FOCUS Outsourced Accounting Partnership
• Wealth Management Services
• HSC Medical Billing & Consulting
• STEPS (Succession, Transition, and Estate Planning Solutions)
• Agricultural Accounting
• Manufacturing & Wholesale Distribution Accounting
• Healthcare Industry Accounting
• Construction, Real Estate & Minerals Accounting
• Financial Institutions Accounting

Quantifiable outcome

• 50 years of continuous operation and client service since 1975

Named customers1 record

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Three partnerships are on record, tiered minor.

• Avantax Planning Partners, Inc.minorStrategic or Co-development PartnerWealth management and financial planning services are offered through Avantax Planning Partners, Inc., a registered investment adviser. Securities and advisory services may be provided through Cetera Wealth Services, LLC and Cetera Investment Advisers LLC. This affiliation allows the firm to offer comprehensive wealth management and financial planning services to its accounting and tax clients.
• Cetera Wealth Services, LLCminorStrategic or Co-development PartnerSecurities services offered through Cetera Wealth Services, LLC, member FINRA/SIPC. Provides investment-related services and securities offerings in partnership with the firm's financial professionals.
• Lieberman TechnologiesminorImplementation/ SI/ Consulting PartnerWebsite design and digital services partner providing the firm's website development and maintenance.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Forvis Mazars: Top-10 U.S. accounting firm formed from the merger of FORVIS and Mazars, with significant Midwest presence and industry-aligned practices targeting manufacturing, healthcare, agribusiness, and financial institutions. Competes for the same mid-market regional clients.
• RSM US LLP: Top-5 U.S. accounting firm with a national middle-market practice and broad industry coverage including manufacturing, healthcare, and financial services. Represents the scale tier above Harding Shymanski for clients that outgrow regional CPA capacity.
• Crowe LLP: Top-10 U.S. accounting firm with significant Indiana presence (offices in Indianapolis and Fort Wayne) serving many of the same manufacturing, healthcare, and financial institution verticals as Harding Shymanski. A larger incumbent competing for the same mid-market and regional clients with deeper specialist bench strength.
• BKD (now FORVIS) CPAs & Advisors: Legacy BKD (now part of FORVIS) had a strong Midwest regional CPA practice serving healthcare, manufacturing, and agribusiness. Comparable historical positioning as a top-tier regional CPA firm targeting the same mid-market verticals and geographies.

Direct peers

• Dean Dorton Allen Ford: Kentucky-headquartered CPA and advisory firm serving Louisville and surrounding markets with full-service offerings. Direct competitor in the Louisville metro for accounting, tax, advisory, and outsourced CFO/controller services to mid-market businesses.
• Blue & Co., LLC: Regional CPA and advisory firm headquartered in Indiana with offices across Indiana, Kentucky, Ohio, and Tennessee. Directly comparable mid-market CPA practice with similar industry verticals (healthcare, manufacturing, agribusiness, construction) and full-service model spanning audit, tax, advisory, and outsourcing.
• Katz, Sapper & Miller: Indianapolis-based CPA and advisory firm with a strong regional footprint across Indiana and the Midwest. Comparable mid-market CPA practice with industry specialization (manufacturing, healthcare, agribusiness, construction, financial services) and full-service model including wealth management.
• Somerset CPAs and Advisors: Indianapolis-based CPA and advisory firm serving closely held businesses and individuals across Indiana. Comparable full-service CPA practice with industry-vertical expertise and outsourced accounting offerings that directly overlap with Harding Shymanski's FOCUS service.
• Kemper CPA Group LLP: Kentucky-headquartered regional CPA firm serving Kentucky, Indiana, and Tennessee with full-service accounting, tax, audit, and advisory offerings. Comparable regional mid-market CPA firm with similar industry breadth and SMB-to-mid-market client focus.
• Aprio, LLP: National CPA and advisory firm with deep industry specialization in manufacturing, healthcare, construction, and financial services. Named as a content/thought-leadership partner of Harding Shymanski, indicating direct overlap in vertical focus and advisory positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/153317

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Harding, Shymanski & Company, P.S.C.