Business Advisory Services
Accounting Procedures Manual
Management often understands the need for procedure documentation of accounting and other functional areas, yet cannot allocate internal resources to this effort due to other competing priorities.In response to these issues and challenges, KPMG's Accounting Procedures Manual service is designed to provide you with the ability to outsource procedure manual development of accounting/controlling/ finance departments.
Business Model Workshop
KPMG's Business Model Workshop provides management with facilitated guidance to develop a customised Business Model for their organisation. It provides management with a better understanding of business risks and opportunities facing their business and is the starting point for the monitoring and development of a dynamic strategy needed in this fast changing business environment.
Closing Process Review
The Closing Process Review was developed to enable clients to achieve immediate improvements in their closing process. Through redesigning the closing process, companies are able to prepare their periodic reporting on a more timely basis with less "wasted" effort. This will reduce the overtime of the accounting and finance staff and the disruption from their routine work.
Group reporting and Consolidations
As companies grow into large and increasingly complex groups, the issue of effective control through reliable reporting systems and the requirement to provide high quality financial information to stakeholders places significant pressure on management and finance/accounting departments. KPMG has developed a unique consolidation system that enables you to automate the consolidation and group reporting process, reducing your workload and producing reliable information in a fraction of the previously required time, dealing with even the most complicated technical issues.
Reconciliation assistance and problem resolution services
Every business organisation needs to maintain processes for regular and complete account reconciliation in order to protect the integrity of its financial records. This is especially true for organisations which have large volumes of transactions, frequently of similar amounts, e.g. banks, insurance companies and utilities. However, strong reconciliation processes are vital for businesses of all sizes. KPMG has extensive experience in delivering rapid, cost-effective reconciliation services. Our reconciliation service involves diagnosing the problem and providing a customized approach.
Competing in a changing environment
KPMG's Advisory Services help organizations and individuals achieve their objectives and succeed in the new economy through measuring performance, managing risks and leveraging knowledge.
Regulatory changes, consolidations, mergers & acquisitions, pressures to improve shareholder value, and rapid advances in technology are all having a substantial impact on the marketplace.
In response to this, KPMG's Advisory Services practice offers a variety of products that help banks, commercial businesses, hospitals, governments, and not-for-profits better compete in a changing environment by improving processes, mitigating risk, and/or improving shareholder value. These advisory services can assist organizations in such areas as regulatory and compliance, business process analysis, revenue enhancement, financial analysis and business risk assessment.
Regulatory changes, consolidations, mergers & acquisitions, pressures to improve shareholder value, and rapid advances in technology are all having a substantial impact on the marketplace.
In response to this, KPMG's Advisory Services practice offers a variety of products that help banks, commercial businesses, hospitals, governments, and not-for-profits better compete in a changing environment by improving processes, mitigating risk, and/or improving shareholder value. These advisory services can assist organizations in such areas as regulatory and compliance, business process analysis, revenue enhancement, financial analysis and business risk assessment.
Accounting Procedures Manual
Management often understands the need for procedure documentation of accounting and other functional areas, yet cannot allocate internal resources to this effort due to other competing priorities.In response to these issues and challenges, KPMG's Accounting Procedures Manual service is designed to provide you with the ability to outsource procedure manual development of accounting/controlling/ finance departments.
Business Model Workshop
KPMG's Business Model Workshop provides management with facilitated guidance to develop a customised Business Model for their organisation. It provides management with a better understanding of business risks and opportunities facing their business and is the starting point for the monitoring and development of a dynamic strategy needed in this fast changing business environment.
Closing Process Review
The Closing Process Review was developed to enable clients to achieve immediate improvements in their closing process. Through redesigning the closing process, companies are able to prepare their periodic reporting on a more timely basis with less "wasted" effort. This will reduce the overtime of the accounting and finance staff and the disruption from their routine work.
Group reporting and Consolidations
As companies grow into large and increasingly complex groups, the issue of effective control through reliable reporting systems and the requirement to provide high quality financial information to stakeholders places significant pressure on management and finance/accounting departments. KPMG has developed a unique consolidation system that enables you to automate the consolidation and group reporting process, reducing your workload and producing reliable information in a fraction of the previously required time, dealing with even the most complicated technical issues.
Reconciliation assistance and problem resolution services
Every business organisation needs to maintain processes for regular and complete account reconciliation in order to protect the integrity of its financial records. This is especially true for organisations which have large volumes of transactions, frequently of similar amounts, e.g. banks, insurance companies and utilities. However, strong reconciliation processes are vital for businesses of all sizes. KPMG has extensive experience in delivering rapid, cost-effective reconciliation services. Our reconciliation service involves diagnosing the problem and providing a customized approach.
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