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The Ripple Effect of Tariffs: Inventory, Pricing and Financial Statements

Withum

For importers of raw materials or finished goods, Accounting Standards Codification (ASC) 330: Inventory requires that all costs necessary to bring a product to its saleable state should be classified as inventory. based distributor purchases finished goods from a manufacturer in Japan. Are Tariffs Considered Inventoriable Costs?

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Grant Thornton Expands Workday Practice Leadership Team

CPA Practice

Since 2019, Grant Thornton has teamed up with Workday , a leader in enterprise cloud applications for finance and human resources. Davis has delivered numerous successful ERP transformations and works directly with business leaders to analyze, implement and modernize various ERP solutions.

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Top Remote Accountants of the Week | October 17, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

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Is Outsourcing the Key to Better Business Finances?

Basis 365

Managing business finances can be overwhelming for many entrepreneurs and small to medium-sized business owners. Balancing cash flow, reconciling accounts, creating financial reports, and ensuring compliance with industry standards are time-consuming tasks that require expertise. Avoid costly errors caused by inexperienced staff.

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The Impact of AI on the Accounting Profession

CPA Practice

For example, you specialize in the manufacturing industry and want to develop a themed content calendar to help drive leads, increase your online credibility (i.e., Cost accounting and inventory management: This includes standard cost systems, activity-based costing, and cost-volume-profit analysis, among others.

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Keep Manufacturing Businesses Organized with NetSuite

AccountingDepartment

As a manufacturing business owner, keeping track of every moving part of your operation can be challenging. From tracking inventory levels to managing finances and processing orders, disparate systems can quickly become overwhelming.

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Top Remote Accountants of the Week | October 24, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!