CS Types: Accountancy and financial reporting.

Most SME companies that we deal with have a deficiency in the provision of internal management accountancy and financial reporting. Many have reasonable information but do not have the skills available to analyse and use this information.

Often mistakes are made after relying upon incorrect information, incredibly some people rely on annual audited accounts to provide them with sufficient information to run their business for the next 12 months!

We are very keen in all cases to ensure that we get a detailed financial picture of the business as soon as we are appointed. We then spend some considerable time on financial forecasting to ensure that the business has sufficient working capital after we have rescued or restructured it.

What do our CS people provide?

Introduction of daily cashflows, disciplined budget setting, 5 year rolling financial forecasts, debtor collection policies, negotiations and liaison with banks and other finance providers. From recruitment of data entry clerks to acting as quasi finance director we provide a high quality experienced eye at a modest and sensible cost.

We work closely with a number of quality accountants with long turnaround experience. One such organisation is Insight Associates in Essex.

We run a series of seminars in conjunction with Insight. It has become increasingly apparent that a number of key elements are required in order to turn struggling businesses around. Insight Associates and KSA have come together to present this workshop to demonstrate how these dynamics can really work. One of the principle problems which is addressed is the restructuring of struggling, yet fundamentally viable businesses. We also go on to discuss the essential change management and structural issues which must form a part of any successful turnaround.

The workshops are at Insight's offices in Stansted Mountfitchet, near Bishops Stortford, Essex, commence at 9:30 am and will last for approximately three to three and a half hours. There will be a light lunch supplied afterwards. The aim is to provide an interactive session with debate and participation from all those present. Consequently, in order to give maximum benefit to those attending we have limited numbers to just eight participants from varying backgrounds. The result should be a more detailed understanding of how innovative and creative techniques can help restructure a failing business and prepare it for a successful future.

If you are interested call Insight on 01279-647447 or
email seminars@insightassociates.co.uk.

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