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Learn more about the benefits of working with a manufacturing-specific CPA in our insightful Q&A with manufacturing CPA and partner Mike Sibley.
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KPI Benchmarks for Manufacturing CFOs
The average net profit margin for auto and truck manufacturing sits at just 3.77% according to NYU Stern’s January 2025 industry margin data. That single statistic explains why so many manufacturing CFOs spend sleepless nights worrying about metrics that executives in other industries barely glance at. When your margins are that thin, knowing exactly where…
Fixed Asset Accounting in Manufacturing: Depreciation Best Practices
Every piece of equipment on your factory floor tells a story. That CNC machine humming away in the corner represents far more than its purchase price. It represents years of production capacity, tax planning opportunities and balance sheet strategy. For manufacturing companies, fixed assets often comprise the largest portion of total assets, making proper accounting…
Digital Transformation in Manufacturing: The James Moore Guide
The factory floor looks different than it did a decade ago. Sensors monitor equipment performance in real time, and data moves seamlessly between machines and management systems. Yet for many manufacturing leaders, the gap between what technology promises and what their operations actually deliver feels wider than ever. The pressure to adopt digital tools is…
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