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Category: Manufacturing and Distribution Industry

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New Lease Accounting Standard Deferral

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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A Conversation on Revenue Recognition (ASC 606)

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Good News for the Craft Beverage Industry

A recently proposed bill could make the Craft Beverage Modernization and Tax Reform Act of 2017 permanent. Senators Roy Blunt (R-Mo.) and Ron Wyden (D-Ore.) had good news for the craft […]

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Is now the time to sell?

Consider the 4 P’s of a Successful Transition Process There’s a well-known saying, “A rising tide lifts all boats,” suggesting as improvements in the general economy occur so will the […]

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Save Money While Making Vendor Payments

Many manufacturing companies pay vendors with ACH payments. This process often involves entering the vendor bill and payment information in the accounting software package and then entering the payment at […]

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ASC 842

How the FASB’s Updates to ASC 842 Impact Manufacturing Companies

By Jordan Miller, CPA, Senior Manager at Blue & Co. The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2023-01 to address challenges faced by private companies […]

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Blue & Co., LLC Announces Expansion with Stokes & Housel, CPA

Bedford, Ind. (December 16, 2024) – Blue & Co., LLC, a top-60 accounting and advisory firm with offices in Indiana, Kentucky, Ohio, and Michigan is expanding into Bedford, IN. Effective December […]

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Benefit Briefs: Navigating Forfeitures in Defined Contribution Plans: Compliance, Usage, and Regulatory Considerations

By Debbie Herbert, CPA, Director at Blue & Co. If your defined contribution plan has a vesting schedule for employer contributions, you may be familiar with the term ‘forfeitures.’ In […]

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