Inventory Analyzer

With all the different methods you can use to measure your inventory, it’s hard to know which methods are the most beneficial to your business. We have the expertise to help you evaluate your current inventory practices and implement methods to properly account for your inventory and minimize your tax liability.

Evaluating Your Inventory Method
From increased tax benefits to streamlining record keeping, there are numerous benefits to finding the best accounting method for your company’s inventory. Inventory Analyzer is a tool that evaluates your inventory methodology and determines if there is potential for tax savings and increased cash flow. Through Inventory Analyzer, we can identify and implement best practices and appropriate valuation methods for your inventory tax accounting issues.

In addition to tax savings, Inventory Analyzer also uncovers opportunities to enhance your financial reporting capabilities through improved predictability and less burdensome procedures. We will help you streamline your inventory measurement process and become more efficient by saving time in the record keeping process.

And with the complex array of IRS rules governing inventory tax practice, as well as the dramatic changes inventory accounting has seen recently, it’s reassuring to know we offer proven advice and strategies to make it easier to manage your inventory while reducing the risk of IRS adjustments. Because we stay abreast of changing regulations and best practices, Inventory Analyzer can incorporate any necessary changes so you always know you’re receiving the greatest tax benefit.

Inventory Analyzer Process
Our professionals will administer an in-depth, two-day review of your methodology and, based on their findings, will provide —

• A comprehensive assessment of your inventory accounting practices;
• Guidance for addressing available opportunities and which method is best for your company; and
• Assistance with the implementation of new methods.