BDO United States

BDO United States

Alphonse FerraraR&CP Practice Leader(212) 885-8000 - email
   
David BerlinerBDOC Partner, New York(212) 885-8347 - email
Stephen FerraraAssurance Partner, Chicago(312) 616-4683 - email
Doug HartAssurance Partner, San Francisco(415) 490-3314 - email
Issy KottonAssurance Partner, Los Angeles(310) 557-8266 - email
Alan SellittiAssurance Partner, New York(212) 885-8000 - email
Ted VaughanAssurance Partner, Dallas(214) 665-0752 - email

The past few years have been a turbulent time for retail and consumer product companies. Dramatic sales dives, excessive discounting, delayed expansion plans and bankruptcies troubled the sector. Those who managed to emerge now contend with unprecedented challenges in the form of new sales channels, new technology advances, and the reality of a consumer with different demands, shopping habits and cautious confidence levels. At the same time, competition and rising commodity costs have led to mounting pricing pressures and brought supplier and inventory concerns to the forefront.

BDO’s Retail and Consumer Products practice can help you navigate these complex challenges and identify opportunities. Our client service teams are led by partners who have experience working with companies ranging from Fortune 500 corporations to entrepreneurial businesses. We provide a comprehensive suite of integrated, value-added services to brick-and-mortar and e-commerce retailers, as well as organizations in the consumer product, food & beverage and restaurant sectors.

We know that in a volatile industry, success can depend on swift management decisions and accurate predictions of future trends. You need advisors who have their ears to the ground and can understand the business and technical accounting issues from both the retailer and vendor/supplier perspectives. And with growth opportunities increasingly heading overseas, our clients value the reach and support of our international network of 45,000 employees in more than 100 countries.

Beyond traditional audit, tax and consulting work, some of the specific ways BDO can help retail and consumer product companies include:

  • R&D tax credits
  • Multistate retail tax services
  • Asset impairments
  • Lease accounting
  • Inventory valuation
  • E-commerce accounting
  • State and local income
  • Segment reporting
  • Discontinued operations
  • Unclaimed property
  • Realization of deferred tax
  • Landlord and vendor allowances
  • Charitable contributions
  • Markdowns
  • Construction period interest
  • Sales and use taxes
  • Gift cards
  • Property taxes
  • Goodwill impairment