Financial and Risk Assurance
Financial Assurance is the process of establishing the integrity and credibility of financial disclosures through an external review process. The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, fairly reflects the financial position of the organization at a given date.
In order to obtain these assurances, F|A|S conduct an audit in accordance with the International Standards on Auditing applicable to performance audits, and accordingly include the tests and procedures necessary to the circumstances. The effectiveness of these audits is enhanced by our practical knowledge.
- Financial statement audit
- Consolidation reporting
- IFRS reporting
- Due Diligence
Risk Assurance helps management make well-informed decisions. The insight and independent assurance, we provides an invaluable safeguard in today’s complex operating environment.
- Internal Audit
- IT risk
Business Advisory
F|A|S professionals combine technical, market, and business skills that allow them to deliver objective advice and guidance that help the firm’s clients grow their businesses and improve their performance.
For medium-sized businesses, family partnerships, as well as for multinational corporates, outsourcing is a standard feature of commercial life. Businesses are learning to focus on what really adds value to them core activities relating to customers, products and services and letting outside specialists look after the rest.
When a company sets up a subsidiary abroad, it must concentrate on marketing its products and services. Building up a big, dedicated administrative team can be costly and take up a disproportionate amount of management time.
Often there are laws and regulations the parent company is unfamiliar with, for example, business formalities, financial regulations and tax requirements can be daunting.
F|A|S takes them over and provides a professional service for many or all the subsidiaries, integrating seamlessly with their head office functions.
- Process optimization
- Finance accounting
- Payroll
- HR management
- Reporting
- Foreign trade
Tax and Legal Advisory
Tax advisory
Getting a full view and understanding of tax law is a big challenge. Applying tax rules correctly to a specific case and making the most of permissible options calls for extensive expertise and practical experience.
F|A|S teams stand beside you as a skilled partner to advise you on all tax matters for tax returns, including application of legal opinions, clarification of individual tax questions, tax optimization of business operations, transactions, or restructuring; or the tax impact of an investment
We understand that tax advice is a matter of trust that relies on long-term cooperation between you and the contact partners we assign you on a standing basis. That ensures that tax questions are viewed in their full context, recognized early, and planned for appropriately.
The F|A|S advisory teams have a dual focus on both taxes and auditing. Together with our experts who have tax expertise specific to your field, they make sure that all your tax questions receive knowledgeable, understandable answers, so you get the greatest possible economic benefit.
Legal advisory
F|A|S has experienced lawyers to advise you on every issue of business law. Our advice especially covers fields of activity that derive directly from our multidisciplinary consulting approach, including corporate law, laws on stock corporations and securities, mergers and acquisitions and corporate succession. F|A|S experts also provide advice in other fields, tax law, employment law, commercial law, civil law and administrative litigation.
Our attorneys work closely with our, auditors, tax advisors and corporate consultants. That helps us detect problems early and find the right legal solution for the situation.
Transfer pricing
We bring you a global perspective based on our experience of what really works in transfer pricing, our teams work with you to assess your transfer pricing model.
F|A|S transfer pricing professionals help you build, manage, document, review and defend your transfer pricing policies and processes aligning them with your business strategy. Our talented people work with you to build strategies that address the tax risks of today’s businesses and help your business achieve its potential.
International Logistic
Logistics costs are critical to the operational efficiency of business, as they reflect the expenses in the supply chain to ensure the optimal flow of goods from origin to destination. Proper management of these costs is essential to maximize profitability and competitiveness.
F|A|S Solutions
· Operational Cost Analysis: Evaluate the costs associated with the company’s international logistics operations, the most recurrent modes of transportation, customs and delivery services, and other operational expenses, to identify areas for improvement or cost reduction.
· Budget Evaluation: Review company budgets and verify their accuracy, ensuring that resources are used efficiently.
· Identification of inefficiencies: Detect possible inefficiencies or cost overruns within the logistics process, or any area of the company that negatively impacts profitability.
· Regulatory compliance: Verify that the company complies with tax, legal, and regulatory regulations related to costs and accounting.
· Process optimization: Propose improvements in operational processes that reduce costs without compromising quality or service.
· Profitability analysis: Evaluate the profitability of the services received in line with the strategies to maximize margins and efficiency.
· Contract review: Examine contracts with suppliers, customers, and other external parties to ensure that conditions are favorable and that costs are aligned with the company’s financial goals.
· Training and education courses: to improve the skills, knowledge and competencies of employees directly involved in international logistics operations.
· International logistics sourcing: outsourcing international logistics operations. This model allows the organization to focus on its core competencies while optimizing costs and improving operational efficiency.
· International freight fluctuation predictions: help predict and monitor the fluctuation of international freight, providing the company with key information to manage its transportation costs more efficiently.