The Hidden Opportunities in Wine Costing

Do you think accounting for winery and vineyard costs is a boring task reserved for your bookkeeper? Think again! You may be missing the opportunity to optimize your winery operation. Wine costing can be a powerful and important management tool to add value to your company in a financing or a buy/sale transaction. Come join us for a two-hour wine-costing workshop. We will be discussing some key issues related to wine costing, such as:

• The best way to maintain and track wine production costs to generate value for management

• How to utilize wine costing analysis to improve and grow your business

• What your bankers and potential buyers are not telling you when they review your wine costing analysis

We will provide you with valuable information on cost aggregation and allocation, as well as helpful benchmarking tools and industry developments. This is also a great opportunity to socialize with other industry professionals.

The discussion will be led by Jennifer Scherrman, CPA, Senior Manager specializing in wine industry accounting and reporting, joined by Dave Dillwood, CPA, Partner in charge of DBM's wine industry practice.