Corporate governance analysis

An effective system of corporate governance increases the value of a business. Corporate governance analysis involves assessing existing corporate governance practices, benchmarking against similar companies, and developing recommendations.

The analysis results improve the quality of managerial decisions, ensure compliance with the requirements of international standards and capital markets, strengthen the confidence of stakeholders, and increase investment attractiveness.

Building an organizational structure

Organizational structure is the structure for the distribution of powers and responsibilities and the implementation of the main business processes within the company. The development of organizational structure implies the improvement of structural relationships and basic production processes, taking into account the current state of the company and management's readiness for change.

We will help with the following issues:

• analyzing the organizational structure;
• improvement of the organizational structure of the company, optimization of company levels and the links between them;
• development and implementation of organizational change management systems;
• formation of HR strategy and HR policy of the organization, HR department;
• building a system of financial and non-financial motivation.

Development of regulations, positioning, and analysis of business processes

Regulatory document development presupposes describing business processes and preparing documents regulating different spheres of company activities. Regulations development allows to estimate work of the whole company and involves owners, heads, and personnel in this process. As a result, the efficiency of the business increases, and the involved parties better understand the purposes of the company and its tasks.

The analysis of business processes allows optimizing the company's management system, making it transparent, understandable, and flexible to external environment changes.

Within the analysis of business processes, we will provide the following:

• description of existing business processes (modeling);
• assessment of the efficiency of existing business processes, identification of obvious deficiencies;
• development of recommendations for their optimization;
• risk assessment of the proposed optimization models.

Cost analysis and cost reduction system

An analysis of a company's cost structure and size is the basis for developing a cost strategy. Cost reduction, caused by economic instability and increased competition, is relevant today for companies of all sizes and industry segments.

Unreasonable cost-cutting or changing cost structure may lead to additional costs or decrease company efficiency.

Internal controls system

Internal control is a set of actions of the company's management to plan, organize, and monitor the business as a whole and of separate subdivisions.

For the formation of a system of internal control, we will help you:

• determine the main areas of control;
• identify and classify risks;
• design of control actions;
• improve operational processes.

Risk management

It is impossible to eliminate risks completely. At the same time, the business must identify possible adverse factors affecting its activities and introduce measures to reduce them.

We will assess and forecast risks (investment, insurance, organizational, financial, credit, and other) and develop a system of measures to minimize them.

Management consulting

Management consulting is a complex of consulting services to raise a company's efficiency, management level, competitive ability growth, labor productivity, and cost reduction.

We provide the following services for management consulting:

• business analysis to identify existing problems and risks;
• development of a plan for the interaction of internal divisions of the company to stimulate further growth;
• consulting the company's management personnel on the implementation of the implemented development plans, as well as of managers on matters of strategic development.

In addition, as part of management consulting, we provide:

• consultations on business management;
• analysis and optimization of the organizational structure of the company;
• SWOT-analysis;
• development of systems of remuneration and incentives, etc.

Managerial accounting

Managerial accounting as a tool for controlling and planning the company's economic efficiency allows it to determine the most promising ways of business development and increase its competitiveness.

We offer the following services:

• carrying out pre-project diagnostics;
• formation of strategic goals of the company;
• development of the financial structure of the company;
• development of formats of financial and non-financial management reports;
• development of accounting policy of management accounting and management plan of accounts;
• development of the Regulations on management accounting.