Finance Consulting

Internal Audit

  • Developing internal audit framework
  • Internal audit Outsourcing

GSC provides consultancy to companies on setting up an internal audit function and framework where it does not exist. Where the function already exists, our consultants add significant value to building best practices using the latest technology, tools and techniques. We help them understand the misalignments, challenges, and improvement opportunities within their internal audit function and implement changes to make it more sustainable, efficient and effective.

Our internal audit consultants have multi industry exposure, vast audit experience and a highly technical specialized skillset.

GRC (Governance, Risk & Control)

  • Risk Advisory Services
  • Developing Risk Management Framework
  • Developing Risk Registers
  • Risk Based Audit
  • Risk Metrics and Reporting
  • Internal Controls
  • Preparation for SOX compliance
  • Corporate Governance audit
  • Reporting on SOX compliance
  • Developing the internal controls system framework
  • Internal controls in ERP environment

Today, there is integration of risks at multiple levels within an organization – business, technology and finance. These risks are detrimental to the company’s strategic objectives around growth and profitability and in the worst cases, its very survival. Tougher expectations by regulators and statutes like SOX, anti money laundering act etc. further necessitates implementing good governance practices to facilitate compliance with challenging and changing regulations. The recent financial crisis exposed the short-comings in risk management practices of numerous companys. Stakeholders, rating agencies and investors are demanding increased discipline, clarity and transparency and risk management as this translates into better performance and results.

GSC helps clients build ‘risk resilient’ organizations through a co-ordinated approach while building a GRC framework. We create a highly functioning, integrated risk and control environment that will help reduce complexity and cost while improving performance and protection of assets. We help companies identify and prioritize risks, create a risk register documenting all the risks, define accetable levels of risk, develop risk mitigation strategies and controls and put systems in place for continuous monitoring and iterative review.

Mergers & Acquisitions / Due Diligence / Valuations

  • Business Valuation
  • M & A advisory services
  • Due Diligence

As the economic recovery continues, many companies are relying increasingly on mergers and acquisitions (M&A) to help drive revenue growth and bottom-line performance as well as redeploy capital and assets. However there are complexities involved at every stage of the M&A project cycle, from conception of the idea through to execution. Research shows that half the number of all mergers, acquisitions and divestitures are detrimental to shareholder value rather than adding to it. It is important to have an experienced team right from the start to guide the company through the entire process. GSCs multi-disciplinary team of consultants have provided M&A services to corporate strategic buyers and private equity investors on a number of complex projects - right from strategy development and due diligence to transaction execution, integration, target screening and divestiture.

Continuous Monitoring System (Revenue Assurance)

  • Revenue Assurance System
  • Developing exceptional reporting
  • CMS for Hospitality

The main objective of a Continuous Monitoring System (CMS) is to standardize the processes and automate night/income audit operations in the unit, thus facilitating audit by exception, which results in better control.

CMS is a very useful management tool that facilitates quick and high quality decision making through business intelligence. The benefits of installing a robust CMS include online and real-time information and reporting, substantial reduction of more than 70% of auditors time, reduction of paperwork for front office staff and bringing about strong internal controls.

Accounting, Budgeting and Reconciliation

  • Accounting Services
  • Budgeting Services
  • Reconciliation Services

Companies need to fulfill financial reporting requirements, including the preparation of financial statements and regulatory filings and the application and implementation of complex accounting standards. Investors, analysts, and regulators demand a high degree of accuracy and transparency in financial reporting.

GSC helps companies outsource their finance and accounting services, provide reconciliation services and budgetary exercise and controls.

GSC helps organizations adopt IFRS (International Financial Reporting Standards). Based on a multi-functional approach, we assist organizations in evaluating and preparing for IFRS conversions, providing support with technical accounting research, implementation activities, training and communication, and project management.

Our financial advisory services include:

  • Implementing new or existing accounting standards or reporting requirements
  • Converting financial information from one set of accounting standards to another
  • Implementing accounting controls
  • Assisting with the preparation of financial statements and regulatory filings