Public Entities
Our firm’s services in this area aim to foster the professional growth of personnel and enable the public entity to independently utilize management control tools typically employed by private companies. The consultancy and assistance provided allow the entity to train staff capable of autonomously carrying out their tasks, with the goal of reducing costs and managing available resources effectively.
These services are provided in compliance with national and regional regulations and cover all of the firm’s areas of expertise. With over a decade of experience working with various public entities, including municipalities, local health authorities, hospitals, regional governments, and social service agencies (ASP), our firm is equipped to offer a broad range of services.
Specific activities we provide:
- Use of management control tools for decision-making by the entity and preparation of financial plans to assess economic and financial aspects related to construction and management tenders, and project financing
- Development and/or evaluation of business plans for new entrepreneurial initiatives or the expansion of existing ones as part of competitions and tenders supporting the economy
- Consulting on economic, legal, and tax aspects related to the management of public entity activities through the use of subsidiary companies and entities, as well as the subsequent analysis of their financial statements and performance evaluation through the reclassification of financial statements, calculation of key financial and economic balance indicators, and analysis of cash flows
- Implementation of cost accounting and analytical accounting systems
- Cost analysis for decision-making
- Transition from cash-based to accrual accounting or assistance in compliance with the law
- Preparation of multi-year programmatic plans
- Preparation of operating budgets
- Preparation of annual financial statements
- Preparation of consolidated financial statements for public entities. The consolidated financial statement helps understand how the entity and its subsidiaries adhere to the principles of efficiency, effectiveness, and cost-effectiveness in the provision of public services
- Mission statements
- Consultancy and assistance regarding the tax issues of public entities: VAT, INTRASTAT, separate accounting, tax returns, and other compliance matters
For further information and insights, please contact us by filling out the form below.
