For industrial companies

Within enhancement of a company capitalization we assist our clients in preparation of IFRS financial statements and organize trainings for accountants on the matters related to international accounting and reporting

Our competitive advantage is that we give particular attention to teaching our client’s employees how to prepare financial statements, with the aim of gradual transition to in-house reporting

Preparation of financial statements under IFRS

Adoption of IFRS by our clients improves confidence in relations with foreign investors by increasing transparency, reliability and comparability of financial information

When we prepare IFRS financial statements we usually support the audit carried by international companies. This procedure helps our clients accelerate the audit process, stand on favorable ground and also reduce the time and effort of client staff spent on audit support

Implementation of in-house IFRS reporting and Fast Close

Development of in-house IFRS reporting allows our clients to reduce annual reporting costs and improve corporate governance

In practice, in-house IFRS reporting department performs transformation faster if compared to outsourcing this function to external consultants

We assist our clients in development internal IFRS reporting department by work our of IFRS methodology, infrastructure and detailed instruction on IFRS reporting procedure

In result we introduce a number of trainings on IFRS reporting customized for each individual clients.

Implementation of management accounts system, budgeting and internal control

Effective management accounting system guarantees efficiency of management decision making and increases transparency of financial data for management and shareholders

Integration of management accounting with IFRS reporting, budget planning and internal control systems allows our clients to decrease accounting expenses by means of unification of management accounts and IFRS reporting policy

Methodological support in integration of IT accounting system

Successful development of IT accounting system depends on the quality and approach applied in work our of management accounts methodology and technical instruction for IT specialists

In close cooperation of our consultants with IT specialists guarantees compliance with the requirements for the IT-system results in smooth implementation of IT system within the planned budget and time

We develop technical specification for IT specialists in accordance with accepted accounting principles and also provide methodological support during integration and testing process

Valuation and business planning

Our valuation team possesses great experience in advocating and reconciling the results of fair value determination according to IFRS during the audits, performed by first-rate Russian and International companies

Our company renders a full range of appraisal services including the following:

• Asset valuation for the M&A deals
• Business and intangible asset valuation for management purposes
• Valuation for IFRS reporting purposes
• Valuation for the purchase price allocation under IFRS 3 (“Business combinations”)
• Preparation of financial models for the company management, which are convenient for regular updating
• Determination of the M&A transaction synergizing effect

Besides, we work closely with banks, venture capital funds and state corporations principals in the sphere of financial modeling and business plans development

Vendor assistance

For the most efficient management of disposal process resulting in a fair sale price, thorough planning and preparation of a transaction is essential. Our team will assist you on each stage of the transaction process. Our experience and knowledge of potential investor’s approach to Target selection will help you to avoid unexpected problems in the disposal process and will strengthen your position during purchase price negotiation

Among our services specified for business vendors are:

• Preparation of financial information
  • Preparing of historical management accounting data for several years on comparable with IFRS standards
  • Review and development of financial models
• Vendor Due Diligence
  • Financial, tax and legal vendor due diligence)
  • Vendor assistance
• Data room:
  • Handling and structuring of data presented for the investor’ analysis
  • Administrating of dataroom process during due diligence performed by prospective investors
• Drafting of transaction documents
  • Throughout the transaction process we assist in preparing share purchase and sale agreements, transferring procedures and post-merger integration

Restructuring of distressed assets

Timely detection of problems inherent to distressed assets by means of in-depth analysis of business risks allows our clients to carry out immediate assets restructuring for purposes of their value maximization

We render a number of services in respect to distressed assets:

• Analysis of the company’s operations with the aim to identify unprofitable business lines and key factors that drive the dynamics of financial results
• Review and development of business plans and financial models
• Vendor assistance in disposal of distressed assets
• Asset valuation for M&A deals