Financial Consulting
In the field of financial consulting we offer the following services:
Integrated Diagnostics of Company's Financial Standing
Service includes:
Analysis of existing financial management system - study of the financial standing and the main results of the financial activities of the company, as well as research of the opportunities for its financial growth and more effective development.
The result of the financial analysis is to obtain objective and accurate data on the state of the financial system at the date of analysis, forecast the future financial performance of the company, identifying inefficient components of financial management, to provide recommendations for optimizing of financial management.
Analysis of management structure of the company - optimizing the number of managerial staff, finding a way to the most rational distribution of resources between the structural units of the company, increase the speed of implementation of decisions, etc.;
Analysis of systems of interaction with the company’s staff, including systems of motivation, rewards and penalties;
- Analysis and improvement of cash flow
This analysis includes calculation of the time of circulation of money (financial cycle), analysis of cash flow, its forecasting, determination of the optimal level of cash, cash budgeting, etc.
Analysis of the accounts payable and receivable, including analysis of revenues and expenditures of the company.
Management Accounting
Management Accounting - is the system of gathering reliable information about cash flows and financial performance of the company, the way to organize and analyze the received information.
Service includes:
- Preliminary diagnostics;
- Formulation of strategic goals and objectives of the company;
- Identification of financial structure of the company;
- Identification of key performance indicators (such as the company as a whole and its key centers);
- Development of basic forms of management reports on income and expenses, cash flow, and balance sheet management.
- Development of forms of subsidiary management reports;
- Development of accounting policies and management plan of accounts;
- Preparation of the Regulation on Accounting Management.
Prices and terms of service provision are determined separately in each case based on the volume and complexity of work.
Tax Consulting
As a result of tax consulting you will receive:
- Calculation of tax burden of the company - current and in dynamics (past few years);
- Full and reasoned statement of the amount of all types of paid taxes;
- Calculation of secure level of tax burden for the company and its comparison with existing level;
- Implementation of a set of measures, developed by tax professionals, for optimizing the company’s taxation.
Tax optimization is by far the most important part of tax consulting.
It involves certain activities aimed at the implementation of the most appropriate opportunities (stipulated by the law) in order to create the optimal system of taxes and other payments.
Service includes:
- Revision of existing reporting scheme;
- Exploration of the ways to implement tax privileges and exemptions, stipulated by the law;
- Changes of existing contracts and (or) conclusion of new ones;
- Minimization of payments to Pension Fund, Social Insurance Fund;
- Activities aimed at changing the company’s structure (division into several legal entities, merge with other entities, registration of new companies), if such measures are appropriate for optimization of taxation.
Prices and terms of service provision are determined separately in each case based on the volume and complexity of work.
Business Plans: Development and Expertise
We have the following resources for the development and examination of business plans:
Qualified specialists in the field of finance;
Our specialists will answer all questions about the cost of your project (including non-obvious costs), factors that influence the price of your product, prospected income and the best way of its distribution, etc.
Professionals in the field of marketing and promotion of products in the market;
This allows you to identify target markets and the company’s position in these markets, marketing activities in the market studies, sales promotion, marketing channels and advertising, etc.
Understanding of structure and specificity of the selected market segment, which is ensured by the presence of purchase and and sales specialists.
Development of Business Plans
Business plan is a document, which is developed by specialists, that contains an assessment of the prospects of the proposed business or planned new projects.
Business plan gives the investor response to the fundamental question - is it worth investing into particular business (project), as well serves as a source of key information on the stage of development of business (project).
Service includes:
- Description of existing business (if any);
- Study and description of proposed investment project (business idea, product);
- Analysis of the relevant market segments;
- Marketing plan (sales and promotion of products / goods);
- Production plan;
- Organizational plan;
- Personnel plan;
- Financial plan (including a plan of income and expenses and plan of cash flow);
- Risk Analysis;
- Assessment of project effectiveness (profitability, payback period, net present value NPV, IRR, etc.).
Expertise of Business Plan
Expertise of business plan is checking the business plan for correct conclusions regarding the ability to achieve the set goals, presence of errors in calculation, and assessment of possibility of obtaining the desired financing.
Service includes:
- Review of investor’s requirements and verification of their compliance with the business plan;
- Assessment of completeness of initial data, quality of its reflection in the business plan;
- Analysis of correctness of the method of processing the initial data, the presence of errors in calculations, sufficiency of base calculating indicators;
- Assessment of study of each section of the project, reliability of sources of information about the market, correctness of the findings;
- Analysis of indicators of efficiency in terms of the correctness of calculations, including the calculation of the efficiency of the project;
- Assessment of possibility of obtaining loans (investments) for implementation of the business plan based on the quality of its study, as well as the financial indicators of the project;
- Recommendations for further development of the business plan to fully meet all investor’s requirements and increase the chances of obtaining financing.
Prices and terms of service provision are determined separately in each case based on the volume and complexity of work.
Audit
Audit is an independent assessment of the financial statements in order to obtain information on the reliability of reporting information and correctness of accounting transactions.
Service includes:
- Assessment of the client's needs and definition of objectives of audit;
- Development of overall audit strategy based on the needs and requests of the client;
- Collect and analyze information necessary to assess the reliability of accounting and financial reporting of the company;
- Study of constituent documents of the company;
- Verification of compliance of the company’s activity with the standards stated in the charter of the company;
- Analysis of indicators of all forms of reporting, including in dynamics;
- Monitoring of compliance of the data of financial statements with accounting registers;
- Checks adequacy of accounting and reporting data to the requirements of current legislation and regulations of accounting policies;
- Preparation and submission of an audit report to the client.
Prices and terms of service provision are determined separately in each case based on the volume and complexity of work.
Assistance in Obtaining of Bank Credits
Getting credit is a rather complicated and time-consuming process.
Banks' requirements to submitted paperwork are so strict that often all employees of the company work only on preparation of the credit package.
Unfortunately, it does not guarantee positive results: in most cases, banks deny credit applications without explanation or offer extremely unfavorable credit conditions.
We have expertise and extensive experience in banking sphere and are willing to represent the interests of your company in banking institutions.
Service includes:
- Preliminary assessment of credit prospects - as a result our client gets a reasoned opinion on the possibility (or impossibility) of getting a credit for the stated conditions and receives appropriate recommendations;
- Processing of accounting and financial reporting in accordance with the legal and bank requirements;
- Filling out paperwork in accordance with the requirements of the bank;
- Interaction with the employees of credit institutions on all matters related to the provision of the credit to the client;
- Making the necessary changes and additions to the documents in accordance with the recommendations of the bank employees;
- Advising the client on all matters related to the credit.
Prices and terms of service provision are determined separately in each case based on the volume and complexity of work.