Providing specialized consultancy in financial, tax, and software-related matters to improve corporate and organizational financial systems.
As a manager, you can make the best decisions for your organization when you have access to accurate and analyzable financial information. Financial data is essential for the three primary management functions: planning, execution, and control. Additionally, this information is used for budgeting, analyzing cost-related alternatives, adjusting or modifying plans, controlling and monitoring ongoing processes.
Kavosh Gooya Argham, through an analysis of your company’s financial status and an assessment of the industry or business environment in which you operate, minimizes the risks associated with your financial decisions. Our financial consulting services will not only help you avoid unintentional mistakes but also enable you to identify and capitalize on upcoming opportunities.
Performing Financial Management Role in Small and Medium-Sized Enterprises (SMEs)
Business owners and managers often lack the time to focus on financial numbers and figures. To stay informed about the overall status of their company and make faster yet precise decisions, they rely on financial ratio reports. The following financial ratios serve as essential tools for managers:
- Profitability Ratios: Measure the company’s success in generating profit.
- Liquidity Ratios: Assess the company’s ability to meet short-term liabilities.
- Activity Ratios: Evaluate how efficiently the company utilizes its resources.
- Leverage Ratios: Indicate the extent to which the company’s financial needs are met through debt (external resources).
- Valuation and Growth Ratios: Reflect the company’s potential for future growth.
- Additionally, other ratios such as profit quality and sales quality can also be calculated, presented, and analyzed when needed.
Although most managers recognize that these financial ratios provide a comprehensive picture of their company’s performance, they often underutilize them. The reason is that interpreting these ratios requires specialized knowledge and extensive experience in decision-making.
In the next steps, we aim to identify and analyze the reasons behind the improvement or decline of each ratio. Ultimately, we will provide tailored solutions to help you navigate financial crises or enhance financial and operational efficiency.
The final financial consulting report will help you identify the strengths and weaknesses of your business and implement the best strategies to improve weak areas while leveraging your company’s financial strengths.
Account Adjustments
In every company, various factors such as insufficient knowledge of accounting standards, and company-specific procedural details, and poor coordination among finance and accounting staff can lead to financial errors. These errors not only undermine the reliability of financial reports but may also result in serious tax and insurance-related complications.
By thoroughly reviewing all documents, records, and accounts payable and receivable, we identify and rectify errors and discrepancies, ensuring complete accuracy and eliminating any concerns you may have.
Insurance Pre-Audit Assessment
As you may know, many company payments are subject to insurance contributions, which must be duly paid. Consequently, a number of companies undergo audits by insurance company each year.
Interestingly, in many businesses, especially in service and manufacturing companies, insurance-related expenses often exceed tax liabilities by a significant margin. The critical point to consider is that while you have the right to appeal and request a reassessment of your tax liabilities, the appeals process for insurance audits is much more restricted, making it highly unlikely that the audit results will be overturned.
Therefore, it is essential to be well-prepared before insurance auditors arrive. Conducting a pre-audit assessment allows you to identify potential issues and correct them beforehand. For instance, if invoices are not properly categorized, you may end up paying premium on items that are not actually subject to such charges.
At Kavosh Gooya Argham, we review your company’s records in full compliance with Social Security regulations and income circulars. We then implement necessary adjustments to minimize the risk of excessive insurance payments. Additionally, through our financial consulting and tax advisory services, we help you navigate a secure financial path.
Human Resources Consulting
Another service we provide is expert human resources consulting in areas related to labor law, social security regulations, and payroll system calculations for companies and institutions. Additionally, due to recent changes in social security audit regulations, particularly concerning Article 38, we offer a specialized service to review your records and documents, to ensure compliance and eliminate any errors that could lead to excessive insurance premiums and hefty penalties.
Finance Consulting
finance consulting services to finance starting or expanding your projects, is another providable service of Kavosh Gooya Argham. Backed by a network of reputable and experienced investors, we assist you in fundraising, financial planning, and monitoring profitable and impactful partnerships.