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Value points of Financial and Tax consulting services

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In the final analysis, financial and tax consulting services are a branch of corporate consulting management. The essential feature is to solve problems for customers and achieve goals. What are the main contents of fiscal and tax compliance?

Here are the articles to explain, What are the value points of financial and tax consulting services?

Many people focus on financial and tax consulting services on plan reports. What exactly does tax consulting do? They did not grasp the essential characteristics of the matter and took a detour. No matter how many reports were written and how many proposals were issued during the service process. From the perspective of customers, the final value of financial and tax consulting services will be as follows What time is it:

Increase income

Financial and tax consulting services help clients increase income mainly in the following directions:

  1. Help entrusted enterprises to research and analyze the latest business models in the industry;
  2. Help to entrust enterprises to study market changes and customer behavior from the perspective of finance and taxation;
  3. Also, Help to entrust enterprises to study sales-end organizational forms and contributions from the perspective of finance and taxation. Such as joint ventures, partnerships, mergers and acquisitions, and affiliation;
  4. Help to entrust enterprises to make correct investment decisions, including equity investment and financial investment;
  5. Help to entrust enterprises to provide reasonable suggestions on the 4P (product, price, promotion, channel) strategy. Such as housing pricing, apartment design, product ratio, etc. for real estate enterprises;
  6. Help to entrust enterprises to research financial incentives and subsidies in the industry.

Reduce costs

Financial and tax consulting services help customers reduce costs mainly in the following directions:

  1. Help entrusted enterprises to study the business model and quotation composition of major suppliers at the supply chain end. Establish a relatively complete supply chain management system, and reduce procurement costs;
  2. Help to entrust enterprises to research the R&D situation in the industry, and sort out and optimize the R&D process. Formulate an R&D cost control mechanism, and reasonably control R&D costs;
  3. Also, Help entrusted enterprises to study and analyze manufacturing technology, process, and energy consumption from the perspective of a third party, focusing on the analysis of problems such as over-orders, high scrap rates, and energy consumption, to reduce manufacturing costs;
  4. Help entrusted enterprises to research and analyze corporate debt ratios and asset liquidity, reasonably control asset-liability ratios and reduce corporate comprehensive financial financing costs;
  5. Help to entrust enterprises to research and analyze the per capita output value or contribution of enterprises, and reasonably control labor costs;
  6. Help entrust customers to study and analyze industry tax policies. Reduce comprehensive tax burden costs in transactions and operations through reasonable prior business planning.

Improve efficiency

Financial and tax consulting services help clients improve efficiency mainly in the following directions:

  1. Help to entrust enterprises to analyze asset turnover rate, including accounts receivable turnover rate, investment payback period, cash flow recovery cycle, etc., formulate improved and perfect plans and assist in implementation;
  2. Help entrusted enterprises to analyze the utilization rate of core assets, including equipment utilization rate (OEE), etc., formulate improvement plans, and assist in implementation;
  3. Help entrusted enterprises to analyze the efficiency of personnel orders, formulate improvement plans and assist in implementation.

Risk Control

Financial and tax consulting services help clients control risks mainly in the following directions:

  1. Help entrusted enterprises to research and analyze business risks, including business models, transaction methods, etc., formulate risk response plans, and assist enterprises in their implementation;
  2. Help to entrust enterprises to research and analyze tax risks, formulate risk response plans in advance and assist enterprises to implement them, to achieve the purpose of paying taxes correctly and paying wronged taxes, and avoid large administrative fines caused by false invoices, tax evasion, and tax inspections risk;
  3. Help entrusted enterprises to review and correct financial accounting risks, including rectification of two sets of accounts, financial accounting confusion, and inconsistent accounts, etc., issue accounting improvement opinions following the accounting system and tax requirements, and assist enterprises in implementation;
  4. Help entrusted enterprises to inspect and evaluate financial risks, including financial team quality assessment, capital chain cost assessment, etc. Help enterprises formulate optimization plans and assist in the implementation.
Value points of Financial and Tax consulting services Image
Value points of Financial and Tax consulting services; Image by StartupStockPhotos from Pixabay.
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