We carry out these diagnostic activities in order to ascertain a company’s actual position, place in the market, prospects and the general trends affecting it. We then provide an action plan aimed at changing the key parameters of the company’s activity. Complex diagnostics may include:
- > 1. researching the market where the company operates. This research allows the company’s owners and managers to obtain data about market risks and prospects, as well as about the company’s advantages and weaknesses in the new conditions.
- > 2. analysing the situation within the company in order to reveal risk areas and inefficient processes, including:
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- > auditing expenses in order to reveal non-productive, unreasonable and overestimated expenses and expenses unsupported by documents as a means of cutting the prime cost of products and improving sales efficiency
- > tax auditing as a means of decreasing tax risks and revealing unused privileges
- > analyzing the remuneration system at the company, including procedures governing the provision of privileges and compensation, as well as staff appraisal. These activities allow the company to recruit and retain qualified staff and improve labor productivity
- > auditing accounts receivable
- > analyzing the company’s organizational structure and business processes
- > analyzing the company’s financial and management accounting system in terms of efficiency
- > 3. modeling an asset depreciation test in order to prepare IFRS-compliant reporting.
The results of our research allow us to define the areas of increased risk for the company and the points of application for lifting the company out of its problematic state.
If you are interested in our services or require further information, please do not hesitate to contact Yevgeniya Baltag, the head of our marketing department.
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