manufactor

MANUFACTURING ACCOUNTING WITH A FOCUS ON WHAT MATTERS

MPS|CPA provides manufacturing and distribution accounting as specialties; we make audit and review as stress-free as possible. Clients rely on us to take a holistic approach to their business that includes developing key performance indicators. We assess our clients’ markets to help them stay ahead of potential impacts and can help design a financial reporting process for their business. We focus our efforts on the issues that matter most to manufacturers and distributors, like JIT inventory, FIFO, LIFO, asset impairment, valuation and more.

Assistance in the Following Areas

  • Inventory capitalization
  • Profit contribution analysis
  • Cost reduction
  • Budget/variance analysis
  • Cash flow management
  • Financial projections and operating budgets
  • Assistance with financing relationships
  • Multi-state tax filings
  • Cost accounting
  • Business planning and investment decisions

Our Manufacturing Accounting Services

  • Financial statement audits, reviews and compilations
  • Federal, state and local tax preparation
  • Tax planning and strategies
  • Representation before IRS, state and local tax authorities, as well as referring to international tax minimization specialists
  • Budgeting, forecasting and projections
  • Cash flow analysis
  • Profit contribution analysis
  • Internal control and accounting system analysis

OUR CLIENTS SAY IT BEST

“Because MPS focuses on education, both for their staff and clients, I feel I am provided with the most up-to-date information regarding tax changes and market trends. This is a tremendous aid in both budgeting and forecasting. I can be confident my every question will be answered immediately and accurately with a focus on my individual needs.”
Linda Jacobs
“When we were a small company they did a great analysis of my business and what we needed to do as a company. They were very thorough. I followed that direction and it was right on target. The business exploded. I only have to worry about making windows. They’ve been there to help me grow to where we are today. “
Art Strauss, President, Midway Window and Door
“I was about to start a business in the 1985, and had written a business plan that I was really proud of. The only two people that were willing to read my entire plan were my father-in-law and Ed Mulcahy. MPS has been with me every step of the way since, and they helped as my business grew to multiple businesses, a significant amount of real estate, with steadily increasing sales. My trust in and respect for MPS has only increased over the years, and I know they will always be there for me and my family when we need them.”
Vic Sharp, President, Quality Snack Foods