Friday, May 18, 2012, 2:47 PM
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Serving Food and Beverage Companies

J.H. Cohn provides accounting, tax, and business consulting services to help food and beverage clients achieve their business and financial objectives. Our Food & Beverage Industry Practice:

  • Provides high quality attest services with in-depth knowledge of technical reporting requirements unique to the industry—issues such as accruals for rebates and coupons. As a result, food and beverage companies receive the financial statement package they need to secure bank and equity financing.
  • Minimizes clients’ tax burden through proactive tax planning, an in-depth knowledge of tax code as it applies to food and beverage companies, and a staunch reputation for defending client tax positions.
  • Applies credits and deductions such as R&D tax credits and Sec. 199 deductions.
  • Helps maintain compliance on state and local tax issues to avoid penalties and potentially generate refunds as states get more aggressive in capturing tax revenues.
  • Offers international tax services, including advice on the tax implications of strategic sourcing and distribution models, identification of transfer pricing risks, and compliance with documentation requirements.
  • Helps management address specific operational and management challenges, including:
    • Business succession
    • Coping with employee benefit costs
    • Global supply chain management
    • Increasing inventory turns
    • Minimizing product spoilage and breakage
    • Reducing insurance costs
    • Technology implementation (ERP, WMS, CRM)
  • Creates lean management programs to assist clients in eliminating waste, driving efficiencies, and improving profitability
  • Builds management dashboards to help clients identify problems impacting key performance indicators and improve the accuracy and timeliness of strategic decision-making