Consultancy involves providing expert advice and guidance to organizations or individuals to help them solve problems, improve performance, or achieve specific goals. Consultants leverage their specialized knowledge and experience to analyze issues, develop strategies, and offer solutions tailored to the client's needs. This can include a wide range of services, such as management consulting, financial consulting, IT consulting, and more. The ultimate goal of consultancy is to add value by delivering actionable recommendations that drive positive outcomes and support decision-making.
This involves creating systems that provide internal management with the financial data needed for decision-making.
Developing and managing financial plans to allocate resources and set financial targets. This involves forecasting revenues and expenses, tracking performance against the budget
Overseeing the accounting related to inventory and assets. This includes recording inventory purchases, managing stock levels, and ensuring accurate valuation and reporting of inventory.
Managing and recording money owed by customers. This includes tracking invoices, handling collections, and managing overdue accounts to ensure timely payments
Recording daily financial transactions, maintaining the general ledger, and preparing financial statements.
