Finance and Accounting Practice
MUTAS Management Consultants
Finance and Accounting Practice
Our Finance and Accounting Practice conducts financial and accounting reviews that serve as your objective, invaluable “second opinion” on the target company’s financial and accounting health. We review and summarize complex financial information and highlight issues that should be top of mind in your thinking. Our constant goal is to empower you with information that is essential to making the most informed investment decisions.
Our Credentials
Our Finance and Accounting professional team has experience in conducting accounting, financial and facility audits of companies in a wide variety of industry sectors. Through a rigorous process of structured questionnaires, interviewing, data compilation and analysis, we garner the degree of disclosure required to make informed, sound business decisions.
All of our team members have or are pursuing either ACCA, CIMA, CA or CFA certification and have served as financial advisors, due diligence specialists, accountants and auditors etc. for many years in public firms, private companies such as accounting firms, premier investment banks, or leading private equity firms etc.
What We Can Do for You
Our Finance and Accounting Practice team members have in-depth knowledge of the “best practices” and techniques available for financial and accounting due diligence investigations, allowing them to:
- Undertake a thorough review of the target company’s financial statements, key financial ratios, accounting records, tax records, operating procedures, and any filings with relevant governmental agencies;
- Identify questionable practices, such as early recognition of revenue, recording revenues that are not genuine or are reversible, increasing income with a one time gain, shifting expenses to a later period, shifting income to a later period, and failing to record and disclose all liabilities;
- Investigate questionable transactions such as complex business arrangements that are not well understood or financial results that appear to be “too good to be true”; and
- Assess the overall financial health of the target company and its future financial prospects.
Questions We Will Answer On Your Behalf
We provide answers to important questions, such as:
- How accurate and reliable are the company’s financial statements? Have they engaged in any accounting irregularities or use accounting policies aggressively, incorrectly or opportunistically to “spin” their financials?
- What is the quality of recurring cash flows? What is the quality of the target company’s assets? Are there any unknown liabilities that could be dealbreakers? Are there issues that could affect the purchase price or contract conditions?
- What is the quality and reliability of future financial projections? What are the revenue assumptions? Are gross margin projections likely to be accurate? Are projected expenses understated? Overstated? Do cash requirements seem realistic?
- What does the financial picture look like if we conduct some sensitivity analysis and apply various downside “what if” scenarios? How should this analysis affect the price?