Manufacturing & Distribution
Streamlining Operations & Business Strategy
Large-scale manufacturing & distribution companies face significant marketplace challenges, including increasing competition, process improvement demands and changes in industry standards and regulations as well as uncertainty with international resources. Your FD team can provide innovative and proven strategies to help you maximize opportunities at home and abroad.
Our experienced CPAs and consultants have helped manufacturers of all sizes comply with regulations, improve internal controls and enhance cash flow.
In addition to the traditional CPA services, FD offers sophisticated consulting and management services with international expertise for companies headquartered abroad and assisting with US companies that have international locations and vendors.
Manufacturing & Distribution Case Studies
Audit and Transaction Advisory Work for a $2.3B Public Manufacturer
Prepared carve-out financial statements for a significant disposition transaction after the company with multiple distribution channels strategically decided to exit one of its largest business components. FD also led the rationalization of key controls and a redesign of the company’s overall SOX program (including COSO 2013 adoption) following an SAP implementation.
Tax Support for Private Textile Manufacturer
Performed tax services for a leading US textile manufacturer considered one of America’s fastest growing privately-held companies. Our team was successful in closing a multi-million-dollar IRS assessment around inventory costing, with zero IRS tax assessment on the audit.
Carve-Out Support for a Fortune 100 Manufacturer
Helped a $105B Fortune Global 100 manufacturing and construction conglomerate prepare carve-out financial statements and an offering memorandum for a significant component of its operations. The work was contributed to a joint venture with a $28Bn Fortune Global 100 manufacturing and technology conglomerate that was then registered as a stand-alone entity.
Is Your Company Missing Out on Tax Exemption and Refund Opportunities?
Did you know that many states provide generous sales & use tax exemptions and incentives to attract high-paying manufacturing jobs? Given the frequent changes to state tax laws, some manufacturers are unaware of their state’s tax exemptions and incentives. FD’s professionals can help you identify areas of opportunity based on the current tax rules, and we offer a complimentary review to pre-screen for refund opportunities. To see if your company may qualify, take the our brief survey.