John Krizansky CPA Archives - HW&Co. CPAs and Advisors

Manufacturers: Achieving and Maintaining a Strong Cash Flow Requires Diligence

By: John Krizansky CPA

Every manufacturer is different, so the right cash flow strategies depend on your situation. Let’s take a closer look at several areas where you may find ways to improve your […]

3 Ways Manufacturers Can Prepare for the Next Supply Chain Disruption

By: John Krizansky CPA

Before the COVID-19 pandemic, many manufacturers’ supply chain management efforts focused on reducing costs and increasing efficiency, in some cases at the expense of flexibility and resiliency. But the pandemic […]

To Stay Competitive, Manufacturers Must Implement the Right Market Strategy

By: John Krizansky CPA

Inflation. Labor shortages. Supply chain delays. Manufacturers have had a lot on their plates the past couple of years. Across the board, the result has been increasing prices. But raising […]

Expanding Employee Benefits Can Bring In Manufacturing Workers

By: John Krizansky CPA

The labor shortage in the manufacturing sector has been well documented. As of October 2021, the number of workers in the industry had declined by almost 400,000 from pre-pandemic levels. […]

A Segmented Income Statement Can Be a Powerful Tool for Manufacturers

By: John Krizansky CPA

A companywide income statement may be sufficient for lenders or other outsiders to evaluate your manufacturing company’s financial performance. But from management’s perspective, a segmented income statement can provide valuable […]

Maintaining a Healthy Cash Flow is Critical for Manufacturers

By: John Krizansky CPA

During times of economic distress and uncertainty, cash flow issues can quickly bubble to the surface. Managing and improving cash flow can help manufacturers survive tough times and prosper during […]

Is Remote Selling the “New Normal” for Manufacturers?

By: John Krizansky CPA

The COVID-19 pandemic has had a dramatic impact on the way people interact and do business. And it’s likely that a number of the changes made to adapt to a […]

Manufacturers: Is It Time for a Cost Segregation Study?

By: John Krizansky CPA

Manufacturers often own the building, or several buildings, where their goods are produced. Normally, it takes almost four decades (39 years) to fully recover the cost of a commercial property […]

Accounting Alternative for Goodwill Impairment Triggering Events

By: John Krizansky CPA

Under current generally accepted accounting principles (GAAP), goodwill must be tested for impairment when a triggering event occurs. Companies and organizations are required to monitor and evaluate goodwill impairment triggering […]

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