Weaver: Beyond The Numbers

As Americans shelter in place to help flatten the curve of infection, manufacturing industry leaders have the challenging task of balancing employee health and safety with international supply chain demands like never before. On this episode of Weaver's Beyond the Numbers podcast, host Shelby Skrhak sat down with Jody Allred, Partner-in-Charge for Large Market Manufacturing and Distribution and Technology Services, and Kurtis Dixon, Partner in Tax Services to discuss critical issues facing manufacturing industry leaders who are seeking guidance on handling the unprecedented COVID-19 pandemic. Two industry organizations, Manufacturers Alliance for Productivity and Innovation and the National Association of Manufacturers, recently surveyed the industry, seeking insight on their coronavirus concerns and practical solutions for mitigating the effect. MAPI revealed that pandemic concerns are rising, with approximately 62% of executives expressing moderate or high concern about COVID-19’s impact on global operation

An epic push-and-pull takes place every day in for-profit hospitals and healthcare facilities. Finance teams need to do their jobs to keep the business profitable, while medical professionals work to give patients the very best care possible. Today on Weaver: Beyond the Numbers, host Shelby Skrhak sits down with CPA Anna Stevens to discuss accounting struggles in the healthcare industry, specifically bridging the gap between departments that can seem at odds. Before Stevens joined Weaver as director for Weaver's healthcare industry practice, she worked for three years as the controller for an $80 million post-acute health care system, where she saw firsthand the communication gap between finance teams and clinicians. "We could spend an entire day talking about why these two teams struggle to work together," Stevens said. "It's communication. Yes, we need to communicate better, but how can we do that if we don't even know how to communicate with each other as different personality types?" Stevens began studyin

Weaver is hiring an Audit Associate 1, based in their Dallas Office. The Audit associate will work closely with Senior Associates and Managers to identify and resolve issues encountered in performance of financial statement audits through effective and timely communication. They will also perform audit procedures as assigned and help with any other duties necessary to complete an audit engagement. To see the full job description, visit MarketScale.com/careers. Weaver provides a wide array of advisory services including risk advisory, transaction advisory, IT advisory, energy compliance services, forensics and litigation, financial institutions consulting and public company services. Their Dallas office boasts a beautiful view of the city skyline and is central to many of the great amenities that the city has to work for. This is a great opportunity to advance your career with one of the best financial services companies in the industry.

Cannabis-related products and companies squarely live in a world of a perpetual gray area. To help clear up the opaque nature of banking by cannabis-related businesses on this episode of Weaver: Beyond the Numbers, host Shelby Skrhak sits down with Rachel Mondragon, Weaver Senior Manager in Regulatory Compliance specializing in financial institutions, to discuss. The federal Controlled Substances Act makes marijuana a schedule 1 prohibited drug, plant and all, but recent legislation has given states new ability to delineate parts of marijuana, from medicinal CBD all the way to whole decriminalization. The legality of it is gray, so banks, credit card companies, and other financial institutions have kept their distance. "Understandably, you have financial institutions thinking of banking this type of client but they're obviously hesitating," Mondragon said. "Part of that is lack of knowledge and understanding when we make a distinction between marijuana, THC, and CBD." But that's left legitimate CBD businesses

On this new episode of Weaver: Beyond the Numbers, the Texas economy is our subject matter of focus as we look at the state's economic durability and why the Texas Legislature placed a large bet on that fiscal sustainability. Host Shelby Skrhak sat down with Weaver's State Government Practice Leader Adam Jones for his expert insight and what that means for residents and business owners in the years to come. Evaluating the Texas Business Cycle Index from 2007 until today, Texas remains an economic juggernaut even amid an oil decline, Jones said, noting an unbelievable 6.6 percent change in Texas' real gross domestic product. That strength comes despite sustaining one of the state's largest natural disasters in Hurricane Harvey, which pulled on the state budget in a big way. "The legislature spent an unprecedented $6.1 billion from the Economic Stabilization Fund, known commonly as the Rainy Day Fund," Jones said. "Harvey was arguably the largest rainy day the state has ever had." But school finance was an