Nowadays, practicing auditing leads us to elaborate the company of the future.
Our work is not limited to simple arithmetic combinations.
Our mission is to acquire a global understanding of the client business, its strategy, its structure, its fiscal and administrative constraints.
Business is in essence a series of decisions, many of which can make or break an organization. Any decision can affect organizational performance and competitiveness. Careful and timely business decisions are the result of relevant and reliable management information, insightful analysis, and realistic risk appreciation.
Our professionals, through their vast experience and specialized skills can respond to your complex and diverse needs. They can help you achieve growth objectives and operational excellence, deal with underperformance, manage costs and capital effectively, and make and sustain improvements while responding more quickly to change. Moreover, Audaccon is the management consulting firm. Together, we find value across boundaries, develop insights to act on, and energize teams to sustain success. We're passionate about always doing the right thing for our clients, our people and our communities, even if it isn't easy. The mission of Audaccon is to promote an environment which fosters the success of management consulting and the value they deliver to their clients.
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Productivity is computed by dividing average output per period by the total costs incurred or resources (capital, energy, material, personnel) consumed in that period. Productivity is a critical determinant of cost efficiency.
A group that provides professional, personalized investment guidance.
Advisory management services allow private individuals to consult with investment professionals before making changes to their portfolios.
Advisory management professionals have expertise in one or more investment areas and provide guidance that is tailored to an individual's specific situation.
A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.
In contrast to long-term planning, strategic planning begins with the desired-end and works backward to the current status.
Also, in contrast to tactical planning, strategic planning looks at the wider picture and is flexible in choice of its means.
Strategy development, also known as strategic planning, is fundamental to creating and running a business. Simply put, it’s a game plan that sets specific goals and objectives but like a game plan, it is capable of being changed in response to shifting market dynamics. Here are the basic steps to strategic planning.
A SWOT analysis is a structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective.
Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want.
Tactical issues include plant layout and structure, project management methods, and equipment selection and replacement. Operational issues include production scheduling and control, inventory management, quality control and inspection, traffic and materials handling, and equipment maintenance policies.
Process review is defined as activity that identifies, analyzes and improves existing processes within an organization to meet established performance goals and objectives. By developing a culture of continuous improvement you can realize significant additional revenue, cost savings and a stronger control environment.The risk assessment is:
Conformity assessment involves a set of processes that show your product, service or system meets the requirements of a standard.
Undergoing the conformity assessment process has a number of benefits:
The main forms of conformity assessment are testing, certification, and inspection.
A corporate restructuring or turnaround may be simply defined as a company’s existence is threatened as it moves from economic performance to decline or zone of insolvency. The decline or bankruptcy may take several years, however when extreme events take place, a shorter time frame may put the enterprise into peril.
In some circumstances the term may mean a financial restructuring by reorganizing and/or cleaning up the balance sheet using financing methods that changes the capital structure of the organization.
A turnaround can be a situation where a company may exist without having a cash crisis. When measuring a company’s performance, as measured by return on capital employed, the turnaround candidate can be an organization that is performing below what is expected for a business in which it is engaged. It is about recognizing that a company often displays symptoms of failure prior to any crisis beginning. It could be businesses with underutilized assets and poor management.
The company department charged with finding, screening, recruiting and training job applicants, as well as administering employee-benefit programs.
One who provides financial advice or guidance to customers for compensation. Financial advisors (or advisers) can provide many different services, such as investment management, income tax preparation and estate planning.
Performance improvement is measuring the output of a particular business process or procedure, then modifying the process or procedure to increase the output, increase efficiency, or increase the effectiveness of the process or procedure.
Performance improvement can be applied to either individual performance such as an athlete or organizational performance such as a racing team or a commercial business.
Developing a business model is a different process than writing a business plan and is at the very heart of a new approach to entrepreneurship.
The 3 Key Steps of Successful Business Model Validation
Equity funding often means issuing additional shares of common stock to an investor. With more shares of common stock issued and outstanding, the previous stockholders' percentage of ownership decreases.
Debt funding means borrowing money and not giving up ownership. Debt funding often comes with strict conditions or covenants in addition to having to pay interest and principal at specified dates.
A merger or acquisition can add considerable value to a business, but making sure that each stage of the transaction process, from valuation to negotiation and completion, is successful demands considerable experience and knowledge.
An analysis of the ability to complete a project successfully, taking into account legal, economic, technological, scheduling and other factors.
Rather than just diving into a project and hoping for the best, a feasibility study allows project managers to investigate the possible negative and positive outcomes of a project before investing too much time and money.