Retail & Consumer Products
Giving You The Competitive Advantage
Retailers are forced to contend with a variety of industry-specific challenges—including increased competition and expanding e-commerce technologies. If you’re looking to thrive in today’s economy you need a trusted advisor who truly understands your challenges and is able to provide partner-level guidance and thoughtful business solutions.
Our experience provides front-line operational and financial services to help reduce overall costs and expand market share.
We take an active role in documenting business activities, observing progress and reporting back to our clients on a frequent basis.
How We Can Help
- Buy vs. lease analysis
- Retail inventory accounting
- Building cost segregations
- Sales and use tax
- Review of internal controls
- Fraud prevention and detection
- Federal, international and multi-state tax planning
- Tax and accounting methods reviews
- LIFO accounting
- Accounting for gift certificates
Other Specialized Services
- Identifying and solving inventory/production reporting errors
- Fraud detection and/or prevention
- Preparing and reviewing compensation plans and incentive programs
- Benchmarking, trend, sales and product mix analysis
- Improving point-of-sale management systems
- Improving management costing systems
- Finding and retaining key employees
- Assistance in the adoption of new revenue recognition and leasing standards
- Seeking, negotiating and obtaining financing
- Improving supply chain management
- Evaluating supplier performance
- Selecting the right technology
- Preparing budgets and forecasts
- Developing and training staff
- Mock IRS or state tax audits
- Multi-state tax planning
- Revenue enhancement
- Mergers and acquisitions
- Strategic assessment
- IRS representation
- Cash flow analysis
- Budget analysis
- Employee benefit plan audits