Manufacturing and Distribution
Manufacturers and Distributors’ results are closely tied to their ability to market effectively and run an efficient operation. Demand is driven by cyclical business needs and the health of the economy. Their margins are sometimes razor-thin and without an automated operation, they are working at a disadvantage.
Our experience working in the manufacturing and distribution industries ensures first-rate service that facilitates effective financial reporting for internal management and third parties.
Our Tax Services Group focuses on tax issues affecting manufacturers and distributors, such as inventory valuation methods, uniform capitalization rules, and multi-state and local income and sales tax issues. Our tax experts identify valuable tax planning opportunities that minimize tax burdens, enhance a business’s long-term value, and increase day-to-day profitability.
In addition to traditional audit, accounting, and tax services, we perform a myriad of management support services focused on enhancing shareholder value including:
- Evaluation of financing alternatives
- Cost control studies
- Development of internal management reporting systems
- Inventory management and control reviews
- Product and product line profitability analyses
- Historic/trend analyses
- Internal control/safeguarding of assets review
- Effective application of information technology