Key Services

 

 

 

 
List of Services Available Benefits

Internal compliance auditing of operational units and corporate departments.

 

 

 

 

  • Provides senior management with confirmation of the integrity of their internal financial controls.

  • Undertaken by an experienced Auditor means that their understanding of the business is invaluable in the assessment process.

  • Significant deterrent to potential perpetrators of theft and fraudulent behaviour that could be costly to the business if left undetected.

Risk assessment of all internal financial control systems and procedures relating to the collection, recording and banking of all forms of trading income.

 

 

 

 

 

  • Provides senior management with a full assessment of their current controls identifying any weaknesses.

  • Providing practical solutions such as changes in procedures, introduction of new technology, staff training etc.

  • Undertaken by an experienced Auditor, management are presented with easily understandable and practical report.

  • Extremely helpful for existing management as well as new owners, particularly those who have recently purchased a business.

Introduction and design of internal accounting documentation.

 

 

 

 

  • Provides day to day control and improves efficiency of the trading sites.

  • Provides the central accounts function with the ability to monitor the financial performance of the individual trading units.

  • This is particularly useful to new businesses that do not have effective and appropriate documentation in place.

Production of a financial operating system/procedures manual and training of staff in its use.

 

 

  • All units operate with the same processes and use identical accounting documentation so that the central finance function can produce accurate profit and loss accounts.

  • Allows senior management to monitor individual unit performance against targets set.

Development of computerised revenue control systems.

 

 

 

  • Assisting in the transition from manual to computerised systems or upgrading existing computerised systems ensuring the purchase of an effective solution fit for purpose.

  • Provides management with more accurate sales data with which to make informed business decisions.

Food, liquor, retail stock management including review of stock problems.

 

  • Stock is kept secure and losses are kept to a minimum.

  • Identification of system weaknesses that can affect profitability, if not rectified.

Training of management in use of stock control systems.

 

 

  • Improved management knowledge of stocktaking process.

  • Ability of management to identify weaknesses more quickly and to take appropriate action to improve overall control.

Training management and staff involving operational financial control procedures.

  • Management and staff will become better at controlling the business leading to higher profitability.