Blog Posts

Tips to Prevent Foreign Object Contamination in Food Manufacturing

Tips to Prevent Foreign Object Contamination in Food Manufacturing

One of the biggest fears of any food manufacturer is the risk of foreign object contamination of their products.  Yet, it seems that there is not a week that goes by without news of another recall related to some type of contamination or issue related to a foreign...

Audit Communications to Plan Sponsors More Robust Under SAS 136

Audit Communications to Plan Sponsors More Robust Under SAS 136

The AICPA’s Statement on Accounting Standards No. 136 (SAS 136) will meaningfully change the audit process for defined contribution plan sponsors. The AICPA issued SAS 136 in July 2019 with the goal of giving readers of the audit report a better understanding of the...

Why Do Small Businesses Fail?

Why Do Small Businesses Fail?

There is nothing like the excitement of starting your own business and being your own boss.  Branching out on your own can be extremely rewarding however, it can also bring many challenges from a financial and operational perspective. In fact, according to data from...

Internal Fraud – Ideas on How to Protect Your Company

Internal Fraud – Ideas on How to Protect Your Company

One of the most devastating issues that a company can face is internal fraud.  I’ve seen this impact the smallest and the biggest of companies.  Either way, the emotional, operational, and financial disruption that follows these incidents can be a challenge for...

What Manufacturers Can Learn from the Pandemic

What Manufacturers Can Learn from the Pandemic

The past 18 months have been a challenge and undoubtedly created some form of disruption for just about any type of business due to the pandemic.  However, for manufacturers, the pandemic has created a unique challenge as the availability of labor, raw materials, and...

Time to Revisit the Merchandising Basics!

Time to Revisit the Merchandising Basics!

The pandemic undoubtedly created a different type of shopping experience for consumers over the past 18 months, which required retailers to manage through some major disruptions.  Decreases in foot traffic, face-to-face customer engagement, in-store experiences,...

Basics of Inventory Management

Basics of Inventory Management

For many companies, inventory represents a significant asset on the balance sheet. Whether it’s goods for resale, work in process, or raw materials, the sum of these can represent a significant portion of a company’s assets.  Given the size of this asset, it’s...

How to Mitigate Theft and Fraud in Your Business

How to Mitigate Theft and Fraud in Your Business

With the myriad of challenges and issues that businesses have had to navigate this past year, it can be easy to become distracted and lax with basic protocols and controls designed to mitigate losses due to theft and fraud. Historically, an increase in theft and fraud...