A Team Race to Victory
A pressing deadline and an opening in the finance team led to the need for interim cost accounting expertise. On the docket were year-end cost accounting activities, including:
- Physical inventory count.
- Account reconciliations.
- Management reporting.
- Standard cost updates, and
- Audit support.
The finance pro would have to find her own way, with only minimal documentation available for the current cost accounting process. As the cost accounting ace’s work was underway, the company was acquired, resulting in more turnover and changes in business operations, which had to be factored into inventory valuation, and shortened accounting deadlines.
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