The profitability of today’s manufacturing companies is highly dependent on efficient production and a strong and effective supply chain model. Larger entities often enjoy economies of scale in purchasing, production, and marketing while smaller organizations can compete effectively by producing highly specialized products. But no matter your size, market segment, or product line, you may have encountered issues such as volatile energy and raw material costs, hefty R&D spending, large capital expenditures, and additional cost burdens due to extensive government regulation. Adding to the complexities facing this industry are an equally broad array of economic challenges including high U.S. labor costs, competition from low-cost imports, and the intense competitive pressure to move manufacturing offshore.
Hancock Askew understands these challenges and accordingly, we set and meet high expectations with specific solutions tailored to meet the unique needs of companies operating in this industry of the economy. Our manufacturing clients rely on us because of our exceptional knowledge base, deep understanding of their industry, and keen ability to recognize the nuances that make a big difference in the final results.
Services for Manufacturers & Distributors
- Audit, Review & Compilations - U.S. GAAP or IFRS
- Tax Compliance & Consulting
- Risk Consulting & Advisory Services
- Client Accounting & Advisory Services
- Employee Benefit Plan Audits
- Business Valuations
- Litigation Support
- Exit & Succession Planning
- Due Diligence and Quality of Earnings Reports
- Cost Segregation Studies
- R&D Tax Credits
