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Providing accounting and auditing
services since 1954

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News and Publications from MHM

How Manufacturers and Distributors Can Stay on Top of Sales and Use Taxes

Modifications Coming to Inventory Measurement

A majority of entities will soon measure inventory at the lower of cost and net realizable value. The change, part of the Financial Accounting Standards Board (FASB)'s Simplification Initiative, affects all entities that measure inventory, except those that follow last-in, first-out (LIFO) or the retail inventory method.

Three Internal Control Functions Every Manufacturer and Distributor Should Consider

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