Accounting Services for the Manufacturing Industry
Manufacturers have historically been the backbone of our nation’s economy and its primary source of jobs. Volatile economic conditions, foreign competition, and declining productivity continue to make it difficult for manufacturers to maintain margins and remain competitive in the marketplace. Emphasis now is on efficiency through technological innovation and cost reduction as manufacturers struggle to survive in an increasingly service-oriented economy. It takes results-oriented management acting on timely advice from a trusted professional to remain competitive.
We can assist you in manufacturing accounting areas including:
- Inventory capitalization (full-absorption) rules
- Profit contribution analysis
- Budgets/variance analysis
- Cost reduction
- Rate of return and capital expenditure analysis
- Pricing techniques and strategies
- Cash flow management
- Financial projections and operating budgets
- Assistance with financing relationships
- Revolving credit facilities
- Asset-based financing
- Equity financing
- Mergers and acquisitions
- Production and inventory control techniques
- Business valuations
- Buy/sell agreements
- Internal control studies