Retail and Consumer Products

The evolution of brick-and-mortar locations and service models makes it more important than ever that you have guidance you can trust to see you through change. Knowing you and how to service your needs means understanding how the online business model and other industry trends affect everyone from start-ups to family-owned businesses, and big-box retailers. MHM has the experience and solutions you can rely on for compliance, risk management, and adapting to the new world of retail and consumer products.

Be in the Know About Accounting Changes

Download the slides to our webinar regarding Revenue Recognition changes in the Professional Services industry.

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SERVICES

Through our experience with financial statement audits, we have created efficiencies in your audit process. We also perform employee benefit plan audits, compile SOC reports and assist with agreed-upon procedures and compilations.

Knowing you helps us guide you through tax opportunities, including depreciation deductions, and business interest expense limitations. Our team also assists with sales tax reporting processes, unclaimed property, and a range of other state and local, federal, and international tax solutions.*

Our understanding of the retail environment informs our business consulting services, including IT security, PCI compliance, consumer product valuations, and strategic financial planning and analysis. Our corporate recovery services team also provides support for turnaround and restructuring.*

INSIGHTS

Retailer Rewarded by Early Revenue Recognition Adoption Analysis

A retailer undergoing an enterprise resource planning (ERP) system upgrade needed to know the impact of adopting the new revenue recognition standard.

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Six Audit Risks to Watch for with the New Revenue Recognition Standard

Adopting the new revenue recognition standard introduced under ASC Topic 606 will be one challenge; being audited with the new standard will be another.

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Financial Statement Changes Coming in the Wake of 'Wayfair'

Internal accounting departments may be focused on complying with the tax changes in South Dakota vs Wayfair (and rightly so), but there are also financial reporting considerations that come into play with sales and use taxes.

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Key Contact

Jay Silver

jsilver@cbiz.com (212) 790-5748

Retail and Consumer Products