Risk management and compliance services
Corporate governance analysis
An effective corporate governance system increases the value of a business. Corporate governance analysis involves assessing current corporate governance practices, benchmarking with similar companies, and developing recommendations.
The results of the analysis allow to improve the quality of management decision-making, ensure compliance with the requirements of international standards and capital markets, strengthen the trust of stakeholders and increase investment attractiveness.
Anti-corruption audit
Anti-corruption audit is a system of measures to manage the risks of non-compliance with the requirements of the laws of Ukraine and other countries, other regulatory documents, standards and ethical norms (codes of conduct) related to the fight against corruption.
We offer:
- development, effectiveness assessment and audit of the anti-corruption management system;
- conducting an independent assessment of corruption risks in the company's business processes;
- conducting internal investigations.
Building an organizational structure
An organizational structure is a structure for distributing authority and responsibility, as well as implementing key business processes within a company. Developing an organizational structure involves improving structural relationships and key production processes , taking into account the current state of the enterprise and the management's readiness for change.
BakerTilly specialists will help with the following issues:
conducting an analysis of the organizational structure;
improving the organizational structure of the enterprise, optimizing the levels of the company and the connections between them;
developing and implementing an organizational change management system;
forming an HR strategy and personnel policy of the organization, the personnel management department;
building a system of material and non-material motivation;
auditing personnel records.
Development of regulations and analysis of business processes
The development of regulations involves the description of business processes and the preparation of documents that regulate various areas of the company's activity. The development of regulations allows you to assess the work of the entire enterprise and involve owners, managers and staff in this process. As a result, business efficiency increases, the parties involved begin to better understand the goals of the company and their tasks.
Business process analysis allows you to optimize the management system in a company, make it transparent, understandable and flexible to changes in the external environment.
Baker Tilly specialists, as part of the business process analysis, will conduct:
a description of existing business processes (model-based);
an assessment of the effectiveness of existing business processes, identifying obvious shortcomings;
development of recommendations for their optimization;
an assessment of the risks from the proposed optimization models.
Cost analysis and reduction system
Analysis of the structure and volume of a company's expenses is the basis for developing a cost strategy . Cost reduction, caused by economic instability and increased competition, is relevant today for companies of any size and industry segment.
Unjustified reduction of expense items or changes in their structure may subsequently cause additional costs or significantly reduce the company's efficiency.
Internal control system
Internal control is a set of actions by a company's management aimed at planning, organizing, and monitoring the business , both as a whole and its individual divisions.
To form an internal control system, BakerTilly specialists will help:
determine the main areas of control;
identify and classify risks;
design control effects;
optimize operational processes.
Risk management
It is impossible to completely eliminate risks. At the same time, a business must identify possible adverse factors that affect its activities and implement measures to reduce them.
BakerTilly specialists will assess and forecast risks (investment, insurance, organizational, financial, credit, and others) and develop a system of measures to minimize them.
Management consulting
Management consulting is a set of consulting services aimed at increasing the efficiency of a company's work , the level of management, increasing competitiveness, increasing labor productivity, reducing costs, etc.
BakerTilly specialists provide the following management consulting services:
business analysis to identify existing problems and risks;
development of a plan for interaction between internal company departments to stimulate its further development;
consulting with company management personnel on the implementation of implemented development plans and managers on strategic development issues.
Management consulting also includes a number of other works:
business management consultations;
analysis and optimization of the company's organizational structure;
SWOT analysis;
development of payment and labor incentive systems, and others.
Management accounting
Management accounting as a tool for controlling and planning the economic efficiency of a company allows you to determine the most promising ways of business development and increase its competitiveness.
We offer the following services:
conducting pre-project diagnostics
forming the company's strategic goals;
developing the company's financial structure;
developing formats for financial and non-financial management reports;
developing accounting policies for management accounting and the management chart of accounts;
developing the Regulation on management accounting.