CONTROLLING

Controlling is akin to the continuously provided financial services that we presented on the homepage, it can be performed in connection with them or as a stand-alone service. The idea with all these various services that we call controlling is mainly to provide you with tools that enable you to get a better overall economic picture of your business beyond the traditional tools ( balance sheet, result sheet ), for example cash-flow analysis, profitability analysis of the total business or only certain departments, branches. It is also pretty common that you are in need of an extern consult to permanently control certain parts of your business that you yourself do not intend to or can not control.

Control of certain business activities upon request

As an accountant one has be detail oriented, punctual and analytical. We are at least so. Beyond the regular services we perform, just like bookkeeping, statements, payroll it can be indeed exciting for us and fruitful for you, to have us control certain parts of your business. What needs to be controlled varies from company to company, the idea is however the same: to find and eliminate all kinds of mistakes that unavoidably arise in business processes, and this way spare time and money for the company. You deal with cash and you have a subjective feeling that too little is banked but you have no time or resources to figure out the reason? You are a retailer of products or services that are invoiced to you by your main supplier and you want to make sure that the huge invoice you get is 100 % correct? You have road carriers and you want to make sure that the stretches are correct? You have a restaurant and you want to become certain that all the receipts are in order and they correspond to your sales? Since we are very keen on details we gladly help you with such and similar tasks irrespectively if we provide bookkeeping to you or not. We have good contacts with IT consultants that prepare tailor made programs to perform the requested control. In all cases this type of service is provided after a careful walkthrough of the nature of your business, without this control can be hardly performed in an adequate manner.

Cash flow analysis

What is the aim of compiling a cash flow analysis? A primary desire of a company owner is to make sure his company has a positive cash flow that can generate profit and source for future dividend. This is however not the only factor a shareholder should look at. A positive cash flow is apt to generate lower debts, better possibilities to expansion or marketing. Cash flow is the company's payments in and out during a certain timeframe, usually a quarter. Cash flow consists of three segments: 1. continuous business activity ( sales, payment receivables, short term debts and stock ) 2. investment activity ( consist of acquisition of fixed assets and other investments ) 3. financing activity ( emissions, long term loans, dividends or depreciations on debts ). To compile such a cash flow analysis can this way contribute to have a precise picture of the cash flow inside a company, the company's ability to survive and to be indebted. This piece of information can also be used to determine the value of the company.

Cash flow analysis shows on the one hand the type of cash the business unit has generated but on the other hand also from which potential sources it originates ( sales of products, sales of fixed assets, loan, shareholder financing etc. ). You can easily figure out if the company needs loan to pay dividend and you can see the division of liquid assets. Cash flow analysis is considered to be more objective than a result sheet, since the various posts are not subject to the same kind of interpretation.