Industries

Manufacturing & Distribution

In order to maintain a competitive edge in the manufacturing and distribution industries, you must proactively manage global competition and rising costs. At the same time, you must sustain a constant focus on customer satisfaction. At Vrakas, we specialize in accounting, auditing and tax services for manufacturing and distribution companies, with approximately 50% of our corporate clients operating in manufacturing related fields.

Our work with various companies in the industry keeps us alert to current industry trends, opportunities and challenges. This allows us to go beyond the basic services to become better advisors to our clients, by sharing industry best practices and making proactive suggestions. We provide integrated solutions to maximize the potential of your business and have the capability to uncover inefficiencies. We also seek to reduce your tax burden, fully utilize your resources, capitalize on opportunities and ultimately strengthen your business.

Our industry specialists provide assistance in the following areas:

  • Financial statement audits and reviews
  • Tax compliance
  • S-Corporation election
  • IC-DISC
  • Accounts receivable management
  • Depreciation analysis
  • Capital expenditures/lease analysis
  • Lean manufacturing
  • Budgeting and strategic planning
  • Cash flow analysis
  • Financing facilitation
  • Due diligence research and review
  • Inventory costing
  • Research and development tax credit studies
  • Cost segregation studies
  • Technology planning and implementation
  • Compensation, benefits and incentive planning
  • Succession planning and exit strategy development
  • Internal control and other management recommendations