

Financial Services
Financial Reporting and Controls
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Financial Reporting and Controls
Most business owners are familiar with the basic financial reports they should be getting monthly, but many are less familiar with the kinds of management reports available that could help their businesses increase performance and profitability.
Financial reporting is compliance oriented and is used for external purposes. It encompasses the standard weekly, monthly and quarterly reports that companies receive each month which include:
Profit and Loss Statement Balance Sheet Statement of Cash Flows Statements of Shareholders' equity These reports are mandatory for all businesses. MIS stands for management information system. Business managers at all levels of an organization, from assistant managers to executives, rely on reports generated from these systems to help them evaluate their business' daily activities or problems that arise, make decisions, and track progress. MIS system reporting is used by businesses of all sizes and in every industry. HAB Consultants provides both services after simplifying them to be easily to understand and utilized by the main end users and company senior management/owners assuming they have no financial background, being in the Management accounting practice and being a certified management accountants we fill the market gap and make the difference.
Business planning is necessary to keep company goals and objectives on track. Successful business planning requires much more than writing out set of ideas and aspiring to see them through. HAB Consultants comes in to drive the entire process of Business Planning from brain storing to execution and driving; covering all aspects and analysis required from R&D, Marketing, Competition, Products, Finance and Implementation. Cost cutting refers to measures implemented by a company to reduce its expenses and improve profitability. Cost cutting measures are typically implemented during times of financial distress for a company or during economic downturns.
Some of our services are:
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MIS reports enhancement and development.
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Budgeting and Planning.
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Cost cutting and expense control.
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OPEX & CAPEX Management.
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Cash management.
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Strategic planning and Implementation.
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Information Systems and financial reporting evaluation.
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R&D and Analysis
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Business Planning execution and driving
Benefits:
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Support efficient and accurate decision making.
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Easy reporting and information flow.
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Increased scalability and efficiency.
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Fraud prevention and timely management reporting.
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Cost Cutting and expenses control
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Accurate Budgeting and planning
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