On this episode of the Risk & Accounting Advisory podcast, our Accounting Transformation professionals explain what it means for organizations as they grow or expand, navigate routine or complex transactions, adopt regulatory changes, or are simply looking to mature or optimize existing operations.

We start the conversation by defining the key components to success accounting transformation: discussing organizational & department structure, systems and alignment, and accounting cycles and processes. We walk through the five-step maturity model to optimize business, as well as looking at accounting software systems integration and optimization.

Finally, the podcast covers a real-world example of a success story and the process by which the company went through to transform their approach to physical inventory counting, costing, and tracking.

Cherry Bekaert’s Accounting Transformation practice is focused on technology-driven solutions for building foundational accounting needs, optimizing processes, and designing advanced digital controllership functions, which increases productivity, reduces costs, and improves reporting.

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Speakers:

Garrett Buckless, CPA
Senior Manager, Accounting Transformation

Corey York, CPA
Manager, Accounting Transformation

Ed Summersill, CPA
Manager, Accounting Transformation

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Past Episodes

Podcast

October 5, 2024

25:22

Speakers: Jim Holman, Steve Holliday

Listen to our 'Year of Efficiency' podcast to explore how efficiency drives innovation and growth with real-world examples from leading technology companies.

Podcast

September 17, 2024

11:45

Speakers: Christopher J. Truitt, Martin Karamon, William W. Billips, Timothy Doran

Learn how transferable energy tax credits under the Inflation Reduction Act offer private equity funds new tax planning opportunities and innovative deal structuring.

Podcast

September 10, 2024

18:41

Speakers: Marci Spivey, Michael G. Kirkman

Learn how the federal estate and gift tax exemption sunsetting in 2025 impacts your assets and why early estate planning is crucial to minimize future tax.