Archive for Category: Manufacturing Industry

Digitalization in the Manufacturing Industry

Manufacturers are being revolutionized by digital technologies. Digitalization is the use of digital technologies and data in order to create revenue, improve business, replace and transform processes, and create a new environment for digital business. Digitalization is integrated into all aspects of our life, and the manufacturing industry is...

Read More

Recent Key Changes to Manufacturer Warranties

Change – Some people say that’s what our country wants, and the accounting standard setters have delivered! The change is related to accounting for warranties. The good news is that the differences between accounting for warranties under current generally accepted accounting principles and the new revenue standard are minimal....

Read More