Development of an optimal model of business processes for efficient management of tax and legal risks.
Purpose
Subject
- Finance Department;
- Accounting Department;
- Tax Department.
Project Subjects are defined depending on the Client’s needs and structure.
Goals
- Speed-up of information flow and processing;
- Improving the quality of financial, accounting, tax and management reports;
- Optimal tax burden;
- Improving the quality of internal control systems;
- Optimization of the personnel structure and functions;
- Enhancement of the Company investment appeal;
- Enhancement of the credit appeal;
- Enhancement of the interaction with tax and governmental authorities;
- Enhancement of the interaction between business owners and the Company management;
- Improvement of the corporate discipline;
- Reducing the expenditures on external consultants.
Procedures
- Bilateral approval of the Cooperation Order during the Project implementation.
- Estimation of the Project exact parameters (Project subjects, price, timing, expert team).
Implementation
- Study of the current organization of Department operations: “INPUT”, “PROCESSING” and “OUTPUT” of information:
- assessment of the information flow effectiveness:
- preparation of the document flow chart (by type),
- testing of working places, preparation of personnel chart:
- studying distribution of functional responsibilities;
- studying time and qualitative performance under job responsibilities,
- study of the internal control effectiveness:
- assessment of quality control procedures;
- preparation of chart for control procedures by type of Departments under consideration,
- assessment of the decision-making quality:
- decision-making technology;
- reliability of the information for management decisions;
- business effect of the previous decisions,
- expert opinion on the effectiveness of the existing Model for business processes as a whole with the application of:
- summary chart of “red zones” for the identified risks.
- assessment of the information flow effectiveness:
- Development of efficient Model for business processes of the Department:
- preparation of project on the efficient Model:
- development of the efficient Model;
- development of the algorithm for transition to the efficient Model;
- economic estimation of the costs for transition to the new Model (reasonableness / feasibility).
- presentation of the efficient Model,
- Final meeting on management decision-making on the transition to the efficient Model.
- preparation of project on the efficient Model:
- Implementation of the efficient Model:
- approval of key parameters for transition to the new model:
- timing;
- adaption team,
- implementation of the algorithm for transition to the new Model;
- Final meeting on the implementation results.
- approval of key parameters for transition to the new model:
Result
Improving the efficiency of management decisions.