Aug 10, 2018 - 7:45 am - 10:00 am
600 S. Clyde Morris Blvd.
VMA Finance Accounting Division
Inventory & Production Costs:
A Deep Dive into Manufacturing Finances
August 10 and 17 (2 hours each day) – A two-day seminar series digging deeper into inventory costing and the impact on the P&L.
Dates: Fridays, August 10 and 17, 2018
Time: 7:45 – 10:00 AM
Cost: $45.00 (price for both days, this is a 2 day workshop)
Friday, August 10th, 2018
ERAU College of Business
Room # 119
7:30am – 10:00am
Friday, August 17th, 2018
ERAU Willie Miller Instructional Building
Room # IC201
RSVP by Noon August 7th
Speaker: Mike Sibley, CPA, Partner, James Moore CPA’s
About the Program:
This program will help production managers (and other personnel involved in managing production) obtain a deeper understanding of inventory costs, costs that production can and can’t control, effects on cash management, and working capital. We’ll jump off from last year’s seminar on understanding financial statements with a brief review of financial statements before taking a deep dive into inventory costing. We’ll also use real life examples to demonstrate the impact of inventory on the financial statements. Company controllers/bookkeepers and accounting managers should also attend so they can discuss topics learned at the seminar with their production teammates.
About the Speaker:
Mike has 20 years of experience as a certified public accountant and is the partner-in-charge of the firm’s Daytona Beach office. He has served organizations representing various industries, including manufacturing, construction and other commercial and professional enterprises, as well as governmental entities.
Mike serves as an integral member of the firm’s Accounting and Auditing Team, with an emphasis on audit and tax services. He provides services requiring complex tax and consulting strategies such as R&D credits, Interest Charge Domestic International Sales Corporation (IC-DISC), inventory costing, developing overhead pools, and retirement planning.
As a Certified Black Belt in Lean Six Sigma, Mike also leads the firm’s efforts to provide Lean Six Sigma services for clients representing the government, university, construction, manufacturing, and professional services industries. He also leads the implementation of Lean Six Sigma practices within the firm to increase efficiency with our auditing process. Additionally, Mike has served as an expert witness in fraud cases and provides consulting services to attorneys throughout the state. He is a member of the State of Florida Peer Review Committee and serves on the board of the Volusia Manufacturers Association.