ASSOCIATION ·TAXES OF RUSSIA·
multipronged defence of business

  RUSSIAN version

Responsible for the tendency:   Bakhtina Marina Sergeevna, the Head of project evaluation and management advisory department Telephone: +7 (343) 378-91-39, 378-93-33 write letter

Analysis of financial and economic activity

Analysis of financial and economic activity (FEA) is performed to explore company development tendency to search, change and ground internal reserve of enterprise directed to increase its efficiency. 

Analysis of FEA includes:
1.  Analysis of budgeting system arrangement and management accounting in the enterprise 
2. Analysis of pricing methods, expenses management, budget formation in the enterprise
3. Analysis and rationing of current capital.
4. Analysis and optimization of pay-roll fund.
5. The factor economic analysis of influence on efficiency of profit, sales volume, expenses, nomenclature of turn out product
6. Factor economic analysis of recourse exploitation intensification   
7. Economic analysis of sales volume, expenses, profits, profitability, financial condition, liquidity and solvency.
8. Monitoring of financial condition, solvency
9. Forward-looking analysis of financial inability (risk of bankruptcy).
10.  Economic analysis of investment policy. Analysis of investment risk.

Business plan development

Performance of works on business-planning and investment designing includes:

2. Business-planning and investment designing.

On basis of market researches by means of Program products the enterprise financial model is developed which includes:

- Investment plan,
- Operational plan,
 - Financial plan,
- Cash-flow
- Balance,
- Report on profits and losses,
- Integrated indexation of investments efficiency,
- Analysis of sensitivity
- Breakeven Analysis,
- Statistical analysis of the project by means of Monte-Carlo method

3. Consulting services in risk-management:

In case financial plan provides for use of borrowed assets and business-plan is intended for decision-making by external investor on project financing, business-plan includes:

-card of enterprise risks (identification, systematized description and risks rating);
- identification, systematized description and risks rating;
- numerical estimation of overall risk and definition of capital amount for risks covering;
- stress-testing (checking of  company stability to stressful changes of risk factors and other crisis situations)
- development of action system and rules to control and decrease risks.

Researches may be performed stage by stage, and in optimum reference for the customer according to current situation at the enterprise and its objectives. 

Business procedures

Analysis and optimization of business-processes

This type of works assumes analysis performance of operating business-processes of the enterprise and drawing-up of an effective management system by optimization and introduction of process rules and monitoring system of business-processes performance. 

Financial Management

Development of financial management and budgeting system

The system of budgeting management is being developed and introduced for perfectibility release of future indexation and company activity and possibility to manage the future company condition and its separate business lines.

During projects execution on development and introduction of budgeting systems specialists of our company develop:

• Budgeting concept;
• Budgeting position;
• Album of budgeting forms;
• Formation and administration of  budgeting

Development of management accounting and controlling system

Management accounting system is being developed as the most effective instrument for receiving full and true information about company on the real time basis.

Conception of management accounting is developed on the first stage which determines:

• Financial accounting centers, their subordination in the management accounting system
• Structure of information use (levels, volume of received data, periodicity)
• General structure of data supposed for collection in the developing management accounting system
• Requirement to a number of key indices supposed to be used for company activity evaluation

Position for management accounting is developed on the second state which determines:

• Key indices for evaluation of effectiveness and monitoring of financial and economic activity of each financial accounting center 
• Forms and terms of provision of management accounting reports satisfying the requirements of different users (management, shareholders, etc.)
• scheme of workflow in the company to provide effective maintenance of managerial  accounting mechanism of management accounting consolidation   
• principals and rules of income and expenses distribution between different business units of company
• scheme and procedures of budgeting acceptance for the next period and list of persons responsible for acceptance   and   authorization of budget  
• analysis methods of financial and economic activity and responsibility determination.  

Costs analysis

Development of strategic costs reduction program

Development of strategic costs reduction program means creation of organizational structure, processes and instruments for costs management providing full enterprise costs management  

Development of strategic costs reduction program includes:

• quality evaluation of the current enterprise costs management;
• analysis and evaluation of success critical factors of costs reduction;
• determination of  financial and non-financial criteria of evaluation of success critical;
• pointing of the most important factors influencing the business expenditures
• development of complex business models;
• development  of effective enterprise costs management methods;
• formation of organizational elements of costs management  system;

Enterprise logistics

Development of management system for the transport and storage logistics of enterprise

Logistics enterprise management system is developed as an effective instrument, to reduce sufficiently costs for storing and transport of   inventory

System development includes:

• Development of inventory  management system;
• Development of procurement management;
• Analysis and optimization inventory management;
• Development of enterprise transport management system.