Who is the CFO?
The person responsible for the financial management of the company, who advises the company director to make informed decisions.
The acronym stands for Chief Financial Officer. The CFO is responsible for the company’s economic strategy and its compliance with it. In less serious terms, he or she is responsible for ensuring that the financial targets set are met on time. His or her role goes beyond that of an accountant, providing expertise to support the manager in making the right financial decisions.
What sub-tasks can the CFO take over from you?
Strategic planning
Designing and managing the financial strategy of the business
Objective
Defining the company's financial plans and the sub-objectives associated with them
Budget
Identifying the measures needed to achieve the objectives, planning short and medium-term costs and returns
Cash-flow analysis
Analysis of the current financial situation of the company and its resistance to crisis
Pricing
Monitoring the profitability of products/services
Optimisation
Reviewing costs and processes, increasing their efficiency
Company evaluation
Determining the fair market value of the company, preparing to raise funds
Okay, but what does the decision support system mean?
It would certainly be of value to you if someone told you that you were going to fall on your stomach. Preferably before that happens. Based on your business’s key figures, every single pitfall is predictable. So is when you’ll miss opportunities (i.e., what money you won’t make when you could). Our service aims to minimise the number of belly flops and maximise the money you make. Of course, the control remains in your hands all the time, we only make suggestions.
You will be in control of your company’s financial situation!
Economic decision-making is not space technology!
Behave like the big guys before you become really big!
How do we work together?
We need to get to know each other, define the objectives and framework for joint work, and define tasks.
This means assessing the company's current financial situation, defining the objectives and the strategies to achieve them. Collect and analyse data, optimise existing processes.
Keeping the vision of the company in sync with its current situation. Review pricing, define expansion and portfolio extension in the short and medium term. Establish a budget and optimise costs, review profitability.
Establish a system of reports comparing draft budgets with actual results. Monitoring the achievement of the financial targets set and, if necessary, adjusting the processes.
Two main reasons why our clients value this service
All right, let's talk prices!
Expert
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Taxation
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Tax optimisation
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Legal advice
Basic
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Economic advice
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Business advice
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Accounting advice
Our customers have said
Zsolt Szabó
“Segítettek megvalósítani az egyedi ötletemet. Teljesen elégedett vagyok a gyors, pontos és szakszerű munkával. Mindig számíthattunk az Accounting Slovakia-ra. Ajánlom!”
Ondrej Seiner
“Typically professional, punctual and fast. My relationship with Peter is absolutely friendly, almost amicable, and I have experienced the right kind of helpfulness, precise work and successful problem solving from him.”
András Mayer
“Before working with Accounting Slovakia, we had a completely different experience with accountants. Peter and his team are not “just” accountants, they act as the financial managers of our firm. They warn us of possible mistakes and also point out opportunities that we might not have noticed ourselves. They are precise, accurate and happy to explain the underlying processes. Working together, we get the feeling that they care about our business performance and business results.”
András Kiss
“We had to change after the retirement of our former accountant. In Accounting Slovakia spol. s r.o. we found an accurate, fast, professionally reliable partner who took over our company’s accounting smoothly and with the technical conditions we had available. It was very important for us that, despite the geographical distances between our staff, we could work with a minimum of information requirements due to our workload.”
Tibor Zala
“In Péter Szabó Márk I met an absolutely professional gentleman in the field of Slovak company formation and accounting, who handled the whole process with maximum dedication, lightning speed and, very importantly, online. As an accountant and tax specialist, I can have him on my team without knowing anything about the Slovak accounting and tax system, while having complete peace of mind that everything is done in compliance with the law and in accordance with the legislation.”
Adam Prickett
“Accounting Slovakia is the AppLearn Group’s trusted partner in the Slovak market. They guide and support our group with precise expertise, useful advice and flexibility in a rapidly changing IT environment.”
Rita Khangeldova
“Ensidor Technology entered into cooperation with Accounting Slovakia at a turbulent time, but thanks to the diligent help, extensive expertise and valuable advice of Peter Szabo, the company’s accounting is in order and transparent, which will help the company to grow further. We are also extremely grateful for the professional help and timely advice on financing international industrial companies in Slovakia!”
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+421 905 598 394
Contact us!
Fill in the consultation form or contact us directly using the contact details below!
Send us an email
info@accountingslovakia.sk
Contact us!
Fill in the consultation form or contact us directly using the contact details below!
- Send from email
- Call us
Sign up for a consultation
In all cases, the consultation will be with the Managing Director of Accounting Slovakia, Ing. Péter Márk Szabó.
