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Workers aren’t considered independent contractors simply because a manufacturing company says they are. Given the significant cost of misclassifying workers, it’s critical for manufacturers to make the right determination.

Can you name three ways to value a business?

Use your accountant for more than reporting historical results. Here’s how an accounting professional can help you prepare for the future.

Put in the work now to implement midyear tax-reduction strategies for your manufacturing company. It could be time well spent come the next time you file taxes

Take your audited financials to the next level by implementing the improvements contained in the management letter.

Financial distress rarely happens overnight. There are usually red flags indicating that trouble is brewing, but it might take some effort to spot them.

Noncompete agreements can be valuable to a business, especially after a merger or acquisition. How valuable? That depends on the facts and circumstances of the deal.

Creating a segmented income statement requires more work than a standard income statement, but it may benefit your manufacturing company because of its more focused financial data.

Are you making the most of your internal audit team? Don’t let the skills of internal auditors go underutilized at your organization.

Financial statements are prepared for financial reporting purposes. When they’re used to value a business, various adjustments may be needed to provide clarity. Here’s guidance on which adjustments valuators consider when

Internally generated goodwill isn’t on the balance sheet. But acquired goodwill is another story. Do you know the rules for reporting acquired goodwill and subsequently testing it for impairment? This is a hot button for many organizations today.

Which business structure is right for your manufacturing company, S corporation or limited liability company?