Manufacturing Accounting Solutions
Baker Tilly’s manufacturing accounting solutions are customized to fit your organizations needs and help you establish an industry-leading finance culture.
Manufacturing Accounting Solutions
The modern manufacturing chief financial officer (CFO) faces expanded responsibilities, from staying competitive to navigating technological advances like automation, artificial intelligence (AI), inflation and costing pressures that challenge the bottom line.
Today, the demands of a CFO go well beyond preparing the annual financial statements or filing an annual tax return. While some manufacturers are capable of handling these new challenges, many do not have the capacity to effectively manage all projects and responsibilities. Baker Tilly's tailored manufacturing accounting solutions are designed to fill this gap.
Customized solutions for manufacturing CFOs
Whether overwhelmed by current demands or inheriting a fiscal mess, manufacturing CFOs can benefit from working with Baker Tilly’s team of industry professionals. Our manufacturing accounting solutions are tailored and bundled to each organization’s needs and goals.
Financial statement accuracy
In addition to preparing annual financial statements, CFOs establish financial accounting processes and maintain an internal controls environment — the combination of the business’s structure, policies, processes and standards that together move a business toward reaching their goals. They must monitor the overall accounting system performance to ensure it is running smoothly.
Treasury management
CFOs are responsible for establishing and monitoring a working capital structure — ensuring the company’s assets and liabilities maintain a sufficient cash flow to keep up with short-term operating costs and debt — as well as establishing a system for debt and equity management.
