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CFO Plus recognises that not all diamond companies have the in-house expertise to manage their finances and management information systems. Diampontaires should concentrate on running their business and making money and allow CFO Plus to management of their financials.

CFO Plus offers its clients the skills required to provide diamantaires with the financial information required to their businesses

Forecasts & Budgets

Whether you need it for internal planning and control or for the banks and investors, CFO + can prepare for you:
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Rolling budgets
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Activity Based Costing
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Cashflow and accruals forecasts
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Marketing plans
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Investment proposals

These forecasts and budgets are developed with in-built flexibility so that you can perform sensitivity analyses by changing parameters such as:

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Interest rates
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Average price of rough purchased
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Average price of polished sold
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Average price of production
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Delays in payments by customers

Financial Accounting

All diamond companies have to submit financial statements for each year for the banks, tax authorities and the rough diamond suppliers.   The preparation of these financial statement is becoming more complicated and the way the information therein is presented can have a critical impact on the future of the company:

bulletIFRS - most countries have adopted or soon will adopt the International Financial Reporting Standard which are complicated, but which have certain loopholes which can be exploited by diamond companies.
bulletAudit - managing your auditors can be demanding.  The days of handing the auditor all of the papers and signing on the balance sheet are over, diamond managers must be aware and understand what the auditor is doing.
bulletBalance Sheet Restructuring - the balance sheet has become more important, the banks pay a lot of attention to it, credit rating agencies and suppliers want to see balance sheets which become stronger year after year.  Our special techniques can help improve your balance sheet ratings.
bulletConsolidation - We will take out the intercompany transactions to show you how your group companies are performing.

Investments & Subsidiaries

Many diamond companies invest in subsidiaries or joint ventures and need impartial help before moving ahead and after investing to monitor the performance of the subsidiary.  CFO Plus can:

Due Diligence
Carry out an in depth due diligence of the subsidiary
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    Investment Structuring
    • How the deal is structured and the investment agreement is worded can seriously affect the success of the venture.  Our experience
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    Performance Monitoring
    • Description of services provided

     

     

     

    Send mail to info@cfoplus.eu with questions or comments about this web site.
    Copyright © 2008 CFO Plus
    Last modified: 01/27/08