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Tag: strategy

Optimize Your Transfer Pricing Approach with Technology

We are all familiar with the month-end crunch — a scramble to extract the data needed to run the transfer pricing (TP) monitoring calculations, determine adjustments, investigate inconsistencies, gain approvals and book those all-important TP entries. Then focus might shift to a new acquisition, which will require harmonizing TP policies, stress-testing existing policies, facing new data source challenges and dealing with unraveling processes. And then the tax authorities serve up...

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5 of the Most Common Reasons Software Implementations Fail

By Alex Volpi, Technology Advisory Practice Leader Your organization just selected a new software application to deploy to the business, now what? As humans, we are hardwired to resist change. This is particularly true when it comes to software implementations. Employees throughout the organization are going to be impacted by this change, some more than others, and communicating that change is coming early can make all the difference. According to a survey of more than...

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2018 National Manufacturing Outlook and Insights

The LEA Manufacturing Steering Group oversees the development of this annual report. It is made up of members from the following firms: ABBB Anders CPAs + Advisors Bennett Thrasher LLP Blue & Co., LLC EKS&H LLP KPM CPAs & Advisors LBMC Lutz PKF Texas Schenck SC William Vaughan Company More than 450 manufacturing executives participated in the survey, which includes the opinions of respondents who produce industrial/machining, transportation/automotive, construction,...

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Utilizing Job Costing to Help Manage the Bottom Line

By: Wiss Employee Is your bottom line understated simply because you don’t have the necessary documentation or lack the accounting insight to allocate job costs to contracts? Or are you paying too much in taxes because you have an overly aggressive cost allocation strategy? If you are in either situation, the lack of a sound job costing strategy is costing you money. In the construction industry, there are three main types of costs: direct costs, indirect costs, and general and administrative...

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