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Audit services for the consumer products industry
There are specific accounting and financial reporting issues related to consumer products companies. Further, the new revenue recognition guidance and lease accounting changes have significant implications across the industry. Bringing together our financial accounting experience with our industry knowledge, we help your business operate better, now and in the future.
In addition to our core audit services, consumer products companies benefit from our industry-specific experience in areas such as:
- Asset valuation
- Complex debt and equity transactions
- Customer chargebacks, discounts and other promotional activities
- Fair value and impairment of long-lived assets
- Financing and factoring
- Franchise accounting
- Gift card accounting and related breakage
- Incentive compensation arrangements
- Incurred but not reported (IBNR) transactions
- Inventory valuation and markdowns
- Lease accounting
- Licensing
- Loyalty programs
- Vendor incentives
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