Financial and Business Advisory
Financial stability and a sound system of financial management and controls are the key elements of successful operations of business entities and non-profit organizations.
With the aim of achieving described stability and soundness of internal business process, we can offer our clients support in the following:
- Overseeing the development and implementation of accounting policies and procedures for the business model
- Preparation of periodic reports which enable management to perform a review of key financial indicators, such as the balance of cash positions, investments, the ageing structure of receivables and of debt, sales analysis, etc.
- Preparation of custom reports and budgets, budget comparisons with achieved results, comparisons by departments or locations
- Preparation of reports for monitoring projects
- Improvement and optimization of business processes and implementation of integrated business management softwar
When preparing financial and management reports, we use internally developed web application (Tickmark Reporting Tool) which allows preparation of standalone and consolidated financial statements out of trial balances received from our clients. The tool enables automatic connection and updating of accounts and balances from a trial balance with balances in prepared financial statements.
This reporting process automation results in significant time saving and more accurate information in financial statements due to a reduction in the manual work process.
