Manufacturers and distributors operate in a fiercely competitive environment globally and in their own backyard. Whether it’s price pressures from outsourcing, mounting environmental demands or changing trade policy, manufacturing leaders need a trusted business advisor by their side.
Daszkal Bolton’s professionals understand the business of manufacturing and issues relating to supply chain management processes; federal law such as Suspicious Activity Report (SAR) and their impact on inventory cost analysis and; Generally Accepted Accounting Principles (GAAP) including changes in and implementation of lease accounting rules and changes in and accounting for revenue recognition. With over 25 years of experience in the manufacturing and distribution sector, Daszkal Bolton creates operational efficiencies, improves business systems, and minimizes financial risks to improve your profitability.
Daszkal Bolton stays connected to manufacturing business leaders and current on industry trends through engagement with the region’s most influential industry organization, the South Florida Manufacturers Association (SFMA). Firm Partner and Tax Services leader, Teri M. Kaye, CPA has served as SFMA Treasurer since 2013 and the firm has been a corporate sponsor for over a decade. The firm shares its expertise with SFMA members through speaking engagements, webinars and educational articles and participates with SFMA members on charitable endeavors.
Daszkal Bolton works with businesses, large and small, from middle-market companies serving local markets to large-scale entities with multiple locations serving customers worldwide on issues such as:
For manufacturers and distributors navigating global markets, Daszkal Bolton’s professionals can assist with analysis of costs, benefits and compliance with “domestic international sales corporation (“DISC”) in the form of an interest charge DISC (“IC-DISC”)”. IC-DISC helps clients avoid traps and benefit from opportunities relating to Global Intangible Low-Taxed Income (GILTI) and Foreign-Derived Intangible Income (FDII). Other services include:
Effective financial professionals seamlessly integrate accounting services into your business strategy. You can count on us to partner with you and your team to develop a comprehensive accounting action plan based on your unique needs, the industry’s best practices, and our proven ingenuity. We will help you capitalize on opportunities and equip you to handle issues that may arise. Together, we will design and implement accounting systems to maximize your resources and minimize your risk to reap your well-deserved financial reward.
The possibility of an upcoming slowdown may be a good reason to take stock of your manufacturing business and how you might prepare to weather the storm.
Manufacturers are increasingly relying on the advanced analytics made possible through big data to drive some of their most important decisions. If you haven’t already used big data to accelerate innovation, your company may be left behind.
To learn more about manufacturing and distribution accounting services at Daszkal Bolton, simply complete our contact form, or call (561) 367-1040.
We are pleased to announce that the Daszkal Bolton team has joined CohnReznick, effective March 1.
