
These are the questions that will guide the business to its next great products with an accurate cost profile as part of the new product business case. There are a lot of questions and resulting actionable information buried in discounts and allowances and COGS. This process ensures everyone is aware of what is held on the balance sheet and can manage the balances properly. Without a strong knowledge of the balance sheet and well-documented accounts, a company can’t be sure that its income statement is accurate. The balance sheet is not as exciting as the income statement, but it is where the accuracy in the income statement is derived. Outsourcing your accounting and financial reporting requirements to Expertise Accelerated allows you to concentrate on expanding your CPG business and delivering exceptional customer service.

Beyond immediate cash flow management, our financial projections and operating budgets focus on achieving your long-term objectives. This strategic planning covers major investments in facilities and advanced equipment. We support our clients through specialized tax, accounting and bookkeeping services suited to the needs online bookkeeping of each business or individual. To achieve financial success, we at Miyares Group believe you must develop a complete plan that considers both your short- and long-term financial goals. As a result, we closely collaborate with our clients to create specific financial plans that advance their goals while lowering risk and boosting profitability.

Hiring a CPG accountant ensures that you are building a stronger inventory. They help predict demand, reduce waste, cut costs, and improve efficiency. This way, like Walmart, you can keep the products on shelves without overburdening your resources.
As one of the leading CPA firms in Miami we cater to both simple and complex financial needs, ranging from bookkeeping, payroll, tax returns, accounts receivable, and much more. With our team of skilled professionals, you can trust that your financial records are in capable hands. With a proven track record of achievement, Miyares Group is proud to have worked with clients in a variety of industries. Due to the experience of our team, we are able to provide specialized solutions that are tailored to the particular requirements of each client company. Miyares Group is one of the leading Miami CPA firms that has been providing all-inclusive financial solutions with openness, trust, and the highest level of client service. I’ve seen brands face significant penalties simply because they missed key updates to these regulations.

This reserve is an estimate and should be recorded based on historical trends, industry trends, or other substantiated data. The amount of the discount should be clearly documented and recorded in the company’s financials in a designated account within the revenue cpg accounting section of the P&L. They are a business, and they are making money, but how do they offer goods at lower prices? They know their overall costs, so they can make profits while keeping the costs lower than others. Financial reporting is necessary for any business, especially when the business has taken a loan or sought investment. The lenders and investors want correct revenue figures, sound financial projections, and a clean balance sheet.
Let us drive your business forward with expert insights and performance. You focus on building a standout brand—we’ll focus on ensuring your business stays profitable. Reach out today to see how our specialized accounting services can help your CPG company thrive.
We provide comprehensive end-to-end Finance and Accounting (F&A) services tailored to the retail and CPG industries. Our expertise covers the full spectrum—from Procure-to-Pay and Order-to-Cash (Quote-to-Sustain) to Record-to-Report and Decision Support—backed by a strong history of successful delivery. At Consilium Partner Group, we live by this adage, and we are determined that everything we do for our clients brings value to them now and into the future. We started our firm with the goal of always doing what is in the best interest of our clients, rather than trying to sell particular services or do work that isn’t necessary. Founded in 1999, Chronos Consulting connects talent with opportunities and provides Payroll, Employer of Record, IT Outsourcing, Contracting, Outsourcing and RPO services. Inventory accounting, build of material calculation and working capital constraints make even early-stage hardware companies complex from an accounting and bookkeeping perspective.
Partnering AI in Accounting with Expertise Accelerated, a firm with deep CPG expertise, offers substantial benefits by streamlining operations and ensuring compliance with industry-specific regulations. We assist construction companies with project cost analysis and help them manage complex tax legislation. We provide real estate advice on leasing, purchasing, and managing cash flow. Our inventory and cash management techniques help retail and wholesale enterprises and car dealerships depend on us for internal controls and financial statement preparation. Regardless of the sector, Miyares Group is committed to assisting with our clients economic prosperity.

It allows businesses to access expert services while reducing costs and improving efficiency. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms.