ADVISORY SERVICES
International Financial Reporting Standards (IFRS)
As business become more global, regulators are looking converge accounting standards. Our professionals assist on converting financial statements from local country accounting standards to International Financial Reporting Standards (IFRS) or other accounting standards. NRC professionals help design and implement proper accounting and reporting policies, prepare SEC or other regulatory filings, assess financial reporting system and process impacts, coordinate legal entity financial reporting, provide technical training to your personnel, and manage the conversion project.
Company Incorporation
Educating entrepreneurs about the benefits of organizing business and giving a corporate structure to their entities. Providing corporate solutions for formulizing sole proprietorships and partnerships into limited liability companies. Developing plans for rapid expansion and growth as adopted in the developed countries of the world.
Business Start up
If you are planning to invest or planning to start a new business, we can take you through the process right from the promotion stage where an idea is conceived to your first day in business. We gauge our worth by the personal and business successes of our clients. We can help your business by identifying areas, which, negatively affects the profitability and develop solutions that are practical and technically sound. In addition, we provide comprehensive, flexible strategies that address the issues affecting your business.
Business Entity Selection
Choosing the form of entity of your business (e.g. "S" corporation, Limited Liability companies, registered and unregistered firms) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. We will advice you in registering your business under Pakistan corporate laws.
Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.
Policies, procedures manual & automation of the accounts:
We can design financial and operating policies & procedures, which are best suited for your business needs and fully automate your accounts department. This will include selection of the accounting software, customization and implementation. You can also opt for our Accounting Outsourcing Services (AOS) and leave your accounting and tax problems to us, and just concentrate on your business development.
Cash Forecasting
The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.
Advantages
- Analyzing the potential risks in advance
- Correct interpretation of the company's financial position
- Informed and better managerial decision making
- Collection, summarization, and accurate analysis of financial data
- Optimization of business resources and processes
- Time Saving