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.
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