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The manufacturing industry faces a long list of challenges that require operational focus, strategic planning and precise execution. One of the nation’s top accounting firms, Doeren Mayhew focuses our extensive manufacturing accounting expertise and resources into a dedicated Manufacturing Group designed to help your business cope with the pressures and capitalize on the opportunities emerging out of today’s environment.

Manufacturers Served

  • Construction products
  • Oilfield products
  • Automotive
  • Aerospace
  • Food processing
  • Specialty plastics
  • Tool and die/machine shops
  • And more

Manufacturing Accounting, Audit and Assurance Services

  • Financial statement audits, reviews and compilations
  • Expertise in U.S. GAAP and International Financial Reporting Standards (IFRS)
  • Implementation of cost accounting systems
  • Evaluation of financial reporting systems Internal control evaluation and analysis

Operational and Profitability Improvement Services

  • Cash-flow management
  • Inventory and data management
  • Product costing analysis
  • Comprehensive analysis of  overhead allocation, purchasing and quality control
  • Lean manufacturing assessments to reduce waste and inventory
  • Evaluation of sales channels
  • Analysis on manufactured cost of items
  • Strategic planning for plant expansions
  • Budgeting and forecasting
  • Benchmarking financial performance against competitors and the industry
  • Key performance indicators to monitor financials, track trends and uncover opportunities
  • Assistance with financing requests
  • Operational restructuring

Tax Services

  • Proactive tax planning to reduce or defer taxes
  • Utility tax studies to identify possible sales tax exemptions
  • Reverse sales tax audits to identify tax refund opportunities
  • IC-DISC tax benefits for exporters
  • Research and development tax credit studies to uncover potential  tax savings
  • Cost segregation studies to identify tax savings opportunities on company-owned facilities

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