Managing today’s businesses means implementing adequate planning and control tools, especially in the current economic landscape.
The main functions of entrepreneurs and managers (planning, decision-making and subsequent control) require a full-range management accounting system.
The partners of Studio Viviani assist top management in putting effective management accounting systems in place, and in particular in the following activities:
- Planning and implementing analytical accounting systems
- Analysis of financial statements through ratios and flows
- Preparing budget and business plans
- Defining performance measuring systems
These activities are carried out also in light of Italy’s bankruptcy reform, which has introduced a crisis alert system aimed at early crisis detection with a view toward restructuring companies and maintaining their ability to operate as a going concern. Companies are now required to adopt systems that make it possible to effectively and quickly monitor cash flows and must prepare a budget and a business plan so that any signs of crisis can be detected and new strategies put in place to restore the company’s economic, capital and/or financial balance. We assist companies in planning and maintaining adequate organizational systems that enable early crisis detection so that the necessary corrective measures may be taken.