Retail

FORVIS accounting pros can help with supply chain logistics, digital retail growth strategies, daily operations, and more.

Retailers focus on providing excellent customer service and offering a sufficient assortment of quality products that are competitively priced. However, the competitive landscape of the retail industry has changed. FORVIS understands the challenges you face and knows how to help you overcome them.

Today’s retail companies face several unique challenges with respect to the fast-paced and ever-changing nature of the business world. FORVIS can offer the resources you need to face unique challenges, such as:

Managing the impact of digital retail growth
Managing omnichannel fulfillment and supply chain logistics
Upgrading technology and incorporating efficiencies into daily operations
Managing evolving technology for the in-store experience, merging physical and digital retail
Making impactful capital investment decisions, e.g., building new stores in high-growth areas, remodeling existing stores, and/or closing stores

Assurance

FORVIS assurance pros can offer assistance with:

Financial Statement Audit or Review
Attest
Agreed-Upon Procedures
SEC Services and SOX Compliance
Internal Audit
Employee Benefit Plans

Tax

FORVIS tax pros can assist with:

Accounting Methods
Cost Segregation
Economic Nexus
Federal Corporate Tax
Family Enterprise Services
International Tax
Mergers & Acquisitions
Research & Development Tax Credits
Sales & Use Tax
State & Local Tax
Tax Accounting
Tax Reform
Tax Transformation
Transfer Pricing

Advisory

We offer a wide variety of services designed to help your company maintain its competitive edge by improving operations and profitability. Our resourceful and knowledgeable retail professionals have experience in:

Developing flexible store audit programs from the ground up that are aligned with corporate initiatives
Increasing customer service capacity by improving the efficiency and effectiveness of the merchandise tagging process
Enhancing point-of-sale systems by removing operational gaps and adding key controls
Improving margins by analyzing competitive pricing and promotions
Re-engineering the physical inventory process and reporting/analysis of results, which improves accuracy, reduces expenses, and strengthens controls
Modifying whistleblower hotline policies/procedures and streamlined protocols for conducting corporate and store investigations
Evaluating alternatives for expanding operations to global markets
Identifying and implementing process improvements in the company's close process
Finance Transformation
IT Audits