Business Advisory Services

 

We have very qualified experts who combine valuation methods that have been developed with a systematic approach to studies and fact finding. Business Advisory Services  Extensive research and sector experience supports our valuations and other results; which can withstand intense scrutiny. We assist in evaluating prospective mergers objectives or associates, provide advice on estimates and pricing, and evaluate and suggest tactical and economic options. We offer advice on the different elements of such operations such as timing, planning, structure, financing and pricing. During the negotiations, we also provide our expert guidance and assist to close the deal. We help our customers in arranging their entire company or a part of it according to their needs. Our reputation for offering unparalleled guidance on these issues is very high as we are able to leverage our extensive local and global network. Our Business Advisory Services examine previous trends and combine them with the forecasts to create tailored strategies to achieve success & growth in your business.  When your business banking clients need support, you want to ensure that you’re referring them to a trusted partner. You may be familiar with Pursuit Community Finance’s loan products that can help your clients access financing when they’re unable to qualify for traditional business loans, but did you know that we also provide advisory services to help improve their financial picture? Our goal is to help your clients become eligible for financing through your institution in the future, and we make that possible through a variety of advisory services provided by our team and our Consulting Corps of experts.

 

Company Setup

 

Strategic planning is vital to attain business goals and ensure optimum use of resources. The process is challenging as it involves identification of alternatives and options to encounter the business problems.  Company Setup   Business advisory is a pressing need of every business as it helps in recognizing the potential challenges and the methods to deal with such challenges timely. The advisory is also important as it highlights the strengths and weaknesses of a business and also provides insight on opportunities and threats it may attract.  Business priorities change in relation to various factors that include the socio-economic environment and the age of the enterprise. While a start-up undertaking may prioritise funding and market entry, a more established undertaking will prioritise new market penetration, change management, innovation and corporate governance. The current business environment presents a constant stream of both challenges and opportunities for every organization. Amid the chaos, the ambition and indeed expectation for most is achieve sustained growth. To realize their potential, organizations must continuously improve their performance and sustain that improvement. Utilizing industry experience and functional expertise, our business advisory team works with you in a proactive, open and objective way, to address the unique challenges facing your business. As your business grows, it becomes difficult even for experienced people to have all the skills & knowledge your business needs to cope up with news problems & opportunities. 

Tax Refunds

 

The reporting to management is a process of providing information to various levels of management so as to enable in judging the effectiveness of their responsibility centres and become a base for taking corrective measures, if necessary. Tax Refunds  In addition for compliance evidence, validation activities can be used to report the success of a log management program, processes, and procedures to senior management. Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. But, these reports are only as useful as the work that goes into preparing and presenting them. In this blog post, we’re going to give a bit of background and context about management reports, and then we’re going to outline 16 essential best practices you can use to make sure your reports are effective. At a publicly traded company, these reports are also relevant to shareholders when quarterly disclosures are made public. Reporting is essential to tracking performance throughout an organization, evaluating progress toward business goals, and ensuring that the right decisions are made to guide the company toward future success.Financial reporting and management reporting both share this common ground, and they even have some overlap in the data used to generate them. But from a strategic point of view, these reports have crucial differences that need to be understood by both business decision makers and the finance professionals tasked with report generation. A management reporting system is a part of a management control system that provides business information. This information can be in the form of reports and/or statements. The system is designed to assist members of the management by providing timely pertinent information.

 

Management reporting

 

Management reporting. Sounds important, right? Well, that is because it is important. Just as you wouldn’t drive a car without a speedometer or a fuel gauge, you really shouldn’t be running a business without quality reporting. Management reporting  If you would drive a car without those items, perhaps this post isn’t for you. Every business is a little different, but as a starting point for many of our clients we like to look at the following items. You’ll notice this might seem a little sparse, and that’s by design. Too much information is almost worse than no information, so we like to focus on what really matters in your business and nothing else. Most business owners are familiar with the basic financial reports they should be getting monthly, but many are less familiar with the kinds of management reports available that could help their businesses increase performance and profitability. Imagine your business potential if you had all the answers to these questions! You wouldn’t have to guess about where you stand or how to improve the operation of your company. These reports reflect the financial standing of your business at a specific point in time. They show the overall picture of how your company is performing but don’t give you real insight into the specifics of your operations. They look backward and don’t really inform you on how the business might perform next month or next quarter. With management reports, you don’t have to guess about where your company or business stands, or worry about the financial health of your business. They will help you make better, data-driven decisions that are crucial for the success of any business. Management reporting is a key term for a type of business intelligence that involves reports meant to help managers to oversee operations and performance. These types of reports are core pieces of many new enterprise technologies that aim to automate or enhance the process of management reporting.

 

 

Financial reporting

 

In any industry, whether manufacturing or service, we have multiple departments, which function day in day out to achieve organizational goals.  Financial reporting The functioning of these departments may or may not be interdependent, but at the end of the day they are linked together by one common thread – Accounting & Finance department. The accounting & financial aspects of each and every department are recorded and are reported to various stakeholders. There are two different types of reporting – Financial reporting for various stakeholders & Management Reporting for internal Management of an organization. Both this reporting are important and are an integral part of Accounting & reporting system of an organization. Financial reporting involves the disclosure of financial information to management and the public (if the company is publicly traded) about how the company is performing over a specific period of time. Financial reports are usually issued on a quarterly and annual basis. This is different from management reporting, which is financial information that is disclosed to those inside the company to be used to make decisions within the company. Financial reports are included in a public company's annual report. Financial reporting is the financial results of an organization that are released its stakeholders and the public. This reporting is a key function of the controller, who may be assisted by the investor relations officer if an organization is publicly held. Financial reporting typically encompasses the following documents and postings. If a company’s stock happens to be publicly traded, the information can be widely circulated, ending up in the hands of customers, employees, competitors, and more.  the gap between accounting theory and practice, the Journal of Financial Reporting and Accounting addresses significant issues in this area and promote interdisciplinary and international understanding of factors affecting reporting and accounting.

 

Tax Planning

 

The definition of tax planning is quite simple. It is the analysis of one’s financial situation from the tax efficiency point-of-view. Tax Planning affects all facets of your financial affairs. You may be worried about the impact that rises in property values are having on gifts or inheritance tax, how best to dispose of shares in a business or the most efficient way to pass on your estate.Whatever your needs, having access to a wide range of tax expertise and being able to structure your personal tax affairs effectively can save you time and effort, in addition to having a considerable impact on your tax bill.Tax planning is the legal process of arranging your affairs to minimise a tax liability. There is a wide range of reliefs and provisions that are available to legitimately reduce a tax liability without straying into the rather more challenging area known as tax avoidance.Examples range from simply choosing a year-end date early in the tax year to maximise the period from earning profit to paying tax, to arrangements to shelter an appreciating asset from inheritance tax. tax planning refers to manipulate business processes and transactions tax debt of the taxpayer in order to be in a minimal amount, but still within the framework of tax regulations. However, tax planning can also be interpreted as the fulfillment of tax obligations planning is complete, correct and timely manner so that it can optimally avoid waste of resources.Tax planning is the first step in tax management. Management of the tax itself is a means to fulfill tax obligations properly, but the amount of tax paid can be minimized to obtain the expected profit and liquidity. The next step is the implementation of a tax obligation (tax implementation) and control of tax (tax control). In the planning stage of this tax, do the collection and research on the tax regulations. The goal is to have the kind of action the tax savings will be made. In general, the emphasis of tax planning is to minimize tax liabilities.

 

Accounting Services

Tax planning is the process of analysing a financial plan or a situation from a tax perspective. The objective of tax planning is to make sure there is tax efficiency.  Accounting Services With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency. Tax planning is a significant component of a financial plan. Reducing tax liability and increasing the ability to make contributions towards retirement plans are critical for success. Tax planning comprises various considerations. Considerations such as size, the timing of income, timing of purchases, and planning are concerned with other kinds of expenditures. Also, the chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome. Tax planning refers to financial planning for tax efficiency. It aims to reduce one’s tax liabilities and optimally utilize tax exemptions, rebates, and benefits as much as possible. Tax planning includes making financial and business decisions to minimise the incidence of tax. This helps you legitimately avail the maximum benefit by using all beneficial provisions under tax laws. It enables one to think of their finances and taxes at the beginning of the fiscal year, instead of leaving it to the eleventh hour.Tax planning refers to financial planning for tax efficiency. It aims to reduce one’s tax liabilities and optimally utilize tax exemptions, rebates, and benefits as much as possible. Tax planning includes making financial and business decisions to minimise the incidence of tax. This helps you legitimately avail the maximum benefit by using all beneficial provisions under tax laws. It enables one to think of their finances and taxes at the beginning of the fiscal year, instead of leaving it to the eleventh hour.Taxes can eat into your annual earnings. To counter this, tax planning is a legitimate way of reducing your tax liabilities in any given financial year. It helps you utilise the tax exemptions, deductions, and benefits offered by the authorities in the best possible way to minimise your liability.