As technology has grown more sophisticated, those engaging in fraudulent activity have greater opportunities to circumvent even the most robust financial control systems. But UHY Advisors Forensic, Litigation & Valuation Service professionals can deploy the most sophisticated tools and processes to help ascertain if fraud is being perpetrated through an exhaustive electronic review of the general ledger, inventory, journal entries, and accounts payable or accounts receivable subledgers. Our exclusive data mining process and analytical techniques can identify irregularities and anomalies that have previously gone undetected.
Data mining is an important anti-corruption investigatory tool used when evidence exists of financial fraud, especially in cases where there is a large amount of data to be reviewed. Using the same disciplines we use to detect financial statement fraud, UHY Advisors anti-corruption professionals can:
According to a new Standard & Poor’s report, there are two key indicators that will tell you what kind of shape the manufacturing industry is in.
Based in St. Louis, Missouri, US, Sunnen Products Company (referred to as Sunnen) is a global leader in the design, manufacture and distribution of bore sizing and finishing equipment, engine rebuilding equipment, and tooling and abrasives. Its honing products are used in the sizing and finishing of cylindrical bores for internal combustion engines; in mechanical gears; in hydraulic valve bodies, blocks, and cylinders; and in petroleum extraction tubes, among others.
The company’s prime markets include automotive and transportation, construction, mining, aerospace and energy. Customers range all the way from small, owner-operated machine shops to large, publicly-traded original equipment manufacturers.
Not only are many manufacturers wondering how the tax law changes will fuel the economy, but how will the key provisions impact my business. Well, usually most answer(s) provided by your advisor take on a typical response like “it depends,” and in some regards that is the case here. However, before we get into specific benefits under the new law, let’s step back and look at what this means from a macro level.
According to a new Standard & Poor’s report, there are two key indicators that will tell you what kind of shape the manufacturing industry is in. The first is the Institute for Supply Management’s Purchasing Manager’s Index and the second is the Federal Reserve’s Capacity Utilization Index for motor vehicles and parts.
On April 26, 2017, the White House distributed a memo describing President Trump’s goals for tax reform. The memo lists the following four points under business reform: reduced business tax rate, territorial tax system, one-time tax on repatriation of trillions of dollars held overseas, and elimination of tax breaks for special interests.