Greg Lewis to speak at Manufacturers Bank Symposium Q2 – 5/20/16

Manufacturers Bank Symposium Q2 May 20, 2016 8:30 AM – 11:30 AM PDT Event Description: https://vimeo.com/163280141/654ed0e065 Los Coyotes Country Club 8888 Los Coyotes Dr Buena Park, CA 90621 Google Map Event Description: Outstanding Symposium for Business owners working in the commercial and industrial industries as well as food franchisees. Please view Read more…

LSL CPAs and Business Advisors - Brea, Santa Ana, Sacramento

FASB’s Accounting Standards Update on Measuring Inventories

In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory (ASU 2015-11). ASU 2015-11 is part of FASB’s simplification initiative that is intended to improve U.S. GAAP by reducing costs and complexity while maintaining or enhancing the usefulness Read more…

LSL CPAs and Business Advisors - Brea, Santa Ana, Sacramento

Key Elements for Establishing an Efficient Inventory Cycle Count

Establishing an efficient and effective inventory cycle count process provides a Company with many benefits. Companies will be able to identify inventory process problems quickly, and corrections to the inventory process can be done immediately to avoid operational problems. Additionally, performing cycle counts can help reduce or eliminate the need Read more…