Development of a Financial and Management Reporting Model

High-quality business accounting allows a company to file all documents according to the law and to keep accurate records.

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Decrease in losses due to the ability to predict them

Reduction of time and financial costs

Increasing business profitability due to the rationale for prioritizing costs

High-quality business accounting allows a company to file all necessary documents according to the law and to keep accurate records. Timely reporting allows a company’s performance to be evaluated and the future development of the business to be forecast.

EBS provides a range of services for the development of a financial and management reporting model, which involves:

Analysis of the current management and financial reporting system;
Assessment of the efficiency, transparency and reliability of the management and financial reporting system;
Determination of the structure, completeness and components required for the company’s reporting;
Directly developing the reporting model according to the legislation.

The financial reporting model will include the standard reporting package (balance sheet, statement of costs and profits, cash flow statement) and additional reports as required to provide complete financial information.

The project provides the company’s management with a financial reporting model that is focused on providing complete and well-structured, easy-to-understand information.

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Benefits of developing a management reporting model

Reduced losses through the ability to predict and localize causes;
Qualitative financial analysis of management reports, which will give an idea of the company’s performance;
Reduced time and cost involved in responding to change through objective modelling capabilities;
Increasing business profitability due to the reasonableness of prioritization of expenses;
Reducing costs by achieving full transparency of their structure and formation processes;
Improving the manageability of the company by identifying centres of financial responsibility and delegating authority.

Development of a Financial and Management Reporting Model as an investment in company development

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Do you need an assessment of the effectiveness, transparency and reliability of the management and financial reporting system?

Do you need an analysis of the current system??

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Convenience from Development of a Financial and Management Reporting Model with EBS

Expertise

Providing reports according to international standards

Risks

Minimizing Reporting Errors

Speed

Prompt response to customer requests

Quality

Optimizing and improving the quality of reporting

Modern approaches

High-level hardware and software

Volumes

Large amounts of information processing by our specialists

Relevance

Constant Legislative Tracking

Experience

Lessons from Leading Enterprises

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OUR CLIENTS

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OTHER SERVICES

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PREPARATION OF THE FINANCIAL REPORTS IN ACCORDANCE WITH IAS

EXPERT ASSESSMENT OF FILLING IN SICK LEAVE CERTIFICATES

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SEMINARS, COACHING AND TRAININGS

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HR AUDIT

Our specialists have many years of experience in drafting and filing statutory reports, so they can clearly define all the project objectives and submit the final documents within the specified time frame. With this model, management will be able to provide financial reports to external users promptly and on time, while using a minimum of resources and complying with the users’ requirements for this information.

Development of a Reporting Model for Financial and Management Accounting

The development of a financial and management reporting model for the project will allow the client firm to reach a new level of activity, with the right structure and format for reporting that complies with the necessary statutory regulations. A well-planned system is a huge potential for the further development of an organization because:

Creates uniformly correct financial report formats. The reports allow the company manager to analyze the company’s expenses and income for a specific period and to calculate how much time it will take to save up a certain amount for a major purchase (for example, the purchase of new equipment).
Allows for increasing the company’s income. With a well-planned system, a firm’s costs are significantly reduced. To a large extent, this is due to good management action. This allows the organization to accumulate savings, which can then be used to advertise the company and, through new clients, increase its income.