Fall 2015 Issue of Horizons

MANUFACTURING & DISTRIBUTION

∙ Account reconciliations and bank reconciliations should be completed each month. ∙ A whistleblower hot line should be in place and communicated to employees in a very visible manner. ∙ A proper “tone at the top” should be maintained both locally and at the corporate level.

The following internal controls are a starting place to ensure you have a good system in place: ∙ Written policies and procedures should describe how all transactions should be recorded and who has responsibility for recording and approving the transaction. ∙ Segregation of duties should be evaluated and controls implemented to ensure there is a separation of appropriate functions.

RubinBrown Holds Successful Manufacturing & Distribution Summits Hundreds of manufacturers and distributors throughout the Midwest gathered in late August in St. Louis and Kansas City for RubinBrown Manufacturing & Distribution Summits. Attendees were illuminated on current trends in the industry through presentations on the global economy, developing cultures of excellence, and the newest technology and innovations that are impacting businesses

RubinBrown’s Kansas City Managing Partner Todd Pleimann, Industry Week’s Pat Panchak and RubinBrown Partner-in- Charge, Manufacturing & Distribution, Jim Mather gathered with hundreds of manufacturers and distributors for the summits.

Industry Week Editor-In-Chief Pat Panchak presented on “Driving Innovation & Growth.”

page 32 | horizons Fall 2015