If you’re in a leadership position at a business, you… Read more »
Where to Get a SOC Report
Category: Audit and Assurance
MEDIA: Implementing AI in Financial Audits
Jimmy Bowles, CPA, CIA, CISA, is a senior audit manager… Read more »
Inventory Fraud: What Manufacturer’s Should Know
When faced with a financial pressure and given an opportunity to steal, an employee may rationalize the theft of inventory.
LBMC Expands Geographic Footprint as Strothman & Co Joins Firm
Transaction Adds Enhanced Service Offerings and Strengthens Southeast Presence LBMC,… Read more »
SOC for Supply Chain
In March 2020, the AICPA launched a new risk reporting… Read more »
New LBMC Shareholders Garmer and Hale
Announcing leader acquisitions to further strengthen commitment to private equity,… Read more »
LBMC Names Five New Shareholders
LBMC, a top 40 advisory and business consulting firm in… Read more »
Spotlight on fraud in the manufacturing industry
This blog covers questions like: How much does fraud cost? Which schemes are most common? How can we fight fraud? How should victims handle allegations?
LIFO Method: What is LIFO?
The LIFO method, Last-In, First-Out, is used by U.S. companies with IRS approval to value inventory and has been a part of U.S. tax law for over 80 years.
Lean Inventory Management Basics for Manufacturing Companies
Lean manufacturing is a continuous improvement process that relies on everyone in the organization to identify opportunities to enhance efficiency. This article covers five smart ways to keep your inventory lean without compromising revenue and customer service.