CFO Advisory Services

1. Management Accounting and Reporting
This includes:

• Auditing management reporting systems
• Identifying opportunities for optimizing management reporting content and quality
• Creating plans for developing and implementing methodologies for aligning management reporting with international financial reporting standards
• Automating management reporting

2. Budgeting System Design and Implantation:
This includes:

• Determining centers of financial responsibility and developing a financial structure;
• Designing a budgeting forms album and budgeting model;
• Describing in full budgeting policy and regulations for the budgeting process;
• Developing a methodology for planning and an approach, taking into consideration the specifics of a business

3. Working Capital Optimization:
This includes:

• Indicators of the need for working capital rehabilitation
• Increase debt load
• Growing overdue debt and decreasing rate of inventory turnover;
• Differences between the dynamics of a company’s performance indicators and working capital changes

4. Profitability Management and Cost Management:
This includes:

• Improving sales strategy based on a profitability analysis of various cost objects (clients, products, services, regions, and sales channels);
• Planning and controlling how resources are used, identifying wasteful expenditure, and exploring opportunities for cost reduction without affecting core operations;

5. Financial Accounting Advisory Services:
This includes:

• Revenue Recognition
• Leases Accounting
• Business Combination
• Hedge Accounting
• Outsourced Accounting Operations
• Drafting Accounting Polices
• Indian Accounting Standard/IFRS Convergence
• Financial Statement Preparation
• Internal and External Financial Reporting
• Financial Restructuring and Restatements
• Reporting and Disclosure

6. Finance Functions:
This includes:

• Accounts Receivable
• Audit Preparation
• Interim CFO/Controller
• Inventory Accounting
• Procure-To-Pay
• Quote-To-Cash
• Remediation/Controls Design
• Strategic Cost Management