Maintaining proper controls over your inventory can be challenging especially if you have no controls in place. Think about when was the last time you conducted an inventory check, if
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Effective for your fiscal years beginning after December 15, 2018, all non-public entities will need to implement the new revenue recognition standards as outlined in Accounting Standards Update 2014-09 Revenue
It has been three decades since we have had bold new tax reform. The last time this level of change occurred was in 1986, which was under President Ronald Reagan.
Does your manufacturing facility want significant tax incentives that last up to 10 years? Through the recent legislation, More Jobs for Marylanders Act, Maryland manufacturers are now eligible for 10
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
Can you read the tealeaves of your organization and predict what the future will hold? We may not be able to look into a crystal ball and know the next
Is an ERP System right for you? An Enterprise Resource Planning (ERP) system is a business process management software that allows a manufacturing company to integrate a number of applications
Of course, as a company owner, you prefer your company’s tax liability to be as small as possible. Transfer pricing is a gray area of business tax law that is
On February 25, 2016, the Financial Accounting Standards Board (FASB) released new guidance on leases. The amendment goes into effect for fiscal years beginning after December 15, 2018, including interim
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