AUDIT AND ASSURANCE
During the financial audit, our emphasis shall be on the evaluation of the systems, procedures and practices from which the data is being generated, the quality, security, accessibility, reliability, accuracy, completeness and authenticity of the data and its relevance, timely availability and management. We shall have a detailed insight of the policies, rules and guidelines governing the whole set of activities and identify room for improvements. Also, we shall interpret the data to evaluate the financial aspect of the activities being carried out and compare the performance/efficiency achieved by the rules, polices, practices, procedures and guidelines set as benchmark/ standard.
TAX ADVISORY
Every day – somewhere in the world – tax regulations, rules, are treaties change. strategies that reduced taxes yesterday may not work today New opportunities to save money could be missed-especially as you enter new markets. The talented tax staff in your organization might not have time to keep up with each nuance. Your current tax advisor may think your Institution or company is too small for personal attention-or your advisor may be too small to serve you.
Successful Organization and companies consider tax implications before they make business decisions, so they do not pay more than their legal obligation
Mathonia provides full range of tax services through our tax practitioners having an in-depth knowledge of tax rules and regulations, as well as of the market environment. This enables us to offer an array of services to our clients to comply with tax requirements, while benefitting from tax incentives available in order to make the organization tax efficient.
INTERNAL AUDIT SERVICES
The roles of the internal auditors have been evolving over the years from the assurance role that the system and process are working well to the consultative role of how to improve the system and process. Our internal audit activity evaluations risk exposures relating to the organization’s governance, operations and information systems.
Our risk-based approach to internal audit entails the following steps:
Research – Gathering board range of information about the entity’s business;
Planning – Analysis of the information to determine the priority and objective of the review with management;
Providing assurance- Inform management how well the system is working based on our audit; Consultation and Action – Management accept the risk of what they do or agree to implement improvements on those areas where opportunities or deficiencies are identified;
ENTERPRISE RISK SERVICES
As an international business, you manage a challenging array of risks on multiple fronts: strategic, operations, compliance, and reporting. Today’s stakeholders- including shareholders, customers, and employees expect high standards.
While cultures and customs vary, the language of identifying and monitoring risks is consistent in leading boardrooms and management suites throughout the world. Effective and consistent risk management gives you and your employees the confidence to focus on achieving your organization’s key business objectives.
Along with ever risk comes opportunity, Therefore, leading organizations carefully assess and evaluate their portfolio of risks and allocate appropriate resources to identity and manage their key risks more effectively than competitors do. For such organizations, having an effective risk management function is now an essential management discipline.
BUSINESS CONSULTING
The key to our working style is partnership. We start by understanding the challenges that your business is facing, bring on board experts from our network to provide the precise consultancy support you require, and work with you to proposed solutions that answer your needs. we work over many market sectors, offering a comprehensive range of services including financial management, human resources, operations, performance efficiency, strategy and technology consulting.
We can provide services in the area of Management & IT Consulting
Advice assistance and facilitation in establishing strategic management process.
Business diversification and establishment of new businesses.
Cost reduction and efficiency.
Financial planning and budgeting.
FINANCIAL ADVISORY
We provide strategic advice on significant mergers, acquisitions and financial restructuring transactions, contributing to the transformation of the country’s corporate landscape. Many acquisitions fail to live up to expectations. The reasons range from poor deal structure, poor strategic fit, failure to identify the problems with the quality of earnings, overly optimistic estimates of synergies, to lack of an integration plan.
Evaluating a company in another country compounds these risks. You are dealing with a different language and cultural barriers: different business ethics, legal systems, filing regulations, ethics, legal systems, filing regulations, and accounting principles: transfer pricing that affects taxation – and often government involvement.
TECHNOLOGY CONSULTING
Enterprise Applications
Our practice helps identifying and working with the large IT vendors to help you take advantage of new technologies and approaches before your competitors make the first move.
Technology Integration
Our practice helps you bring focus to your toughest integration challenges across the technology lifecycle. From requirements to architecture, testing to deployment and beyond, we bring an integrated perspective.
Strategy and Operations
The service offered include IT Strategy formulation, IT project management, IT operations maintenance, supply chain transformation etc.
Mathonia Analytics
With analytics – the practice of using data to drive business strategy and performance – you can more confidently make fact-based decisions.