| Business Consulting |
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Detailed Financial Statement Analysis |
| These engagements present prospective information in the form of financial statements.
a forecast is a prospective financial statement based on assumptions that are believed to be the most likely to occur. A projection, on the other hand, is prospective
information that is based on several "what-if" scenarios, including most aggressive and most conservative. |
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Due Dilligence / Business Valuation |
| KAAN Group takes due
diligence engagements beyond the basic confirmation of financial
information, to the understanding profit drivers and trends, challenging assumptions of future performance, and assisting with purchase agreements and post-closing
transaction matters. Our experience includes small business start up (both angel and self funded), bankruptcy emergence for the larger company, and
valuation for sale, transfer, and/or divorce. |
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Startup and Emerging Companies |
| KAAN Groups accountants and business consultants understand the challenges that confront
startup and emerging companies. We have the business acumen to help companies get started by developing reporting structures and providing information that assists
the growth of their businesses. We provide proactive and practical consulting solutions to help companies sustain competitive advantage and increase shareholder
value. The creation of comprehensive reasonable and accurate forecasting of expenses and revenues, or cash flows, allows companies to reduce expenses and analyze revenue
steams. |
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Interim CFO |
| For firms that are experiencing management transition and need CFO expertise to keep the company on track.
We will take charge of your finance function, leveraging years of experience in strategies financial management, allowing you to focus on increasing your customer base
while selling a value added product or service. We will assess your overall accounting needs and implement processes and systems to ensure accurate financial data, reporting
and forecasting. |
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Cash Flow |
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Cash management decisions require a company to consider explicitly the risk versus expected return tradeoffs from alternative policies. KAAN Group
helps clients understand their cash flow status and enables them to investigate various financing options, anticipate their cash needs, and plan accordingly. |
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Establishing Accounting Systems and Internal Controls |
| KAAN Group evaluates your current accounting systems, processes and controls, assists with the
implementation of the changes needed to ensure integrity in your financial reporting and accounting systems. An effective system of internal controls includes five
components: the control environment, assessment of risk, control activities, information processing, and monitoring. Most organizations have both formal and informal
activities within these five areas. KAAN Group
participation can range from increasing controls over a specific part of your operations to a thorough evaluation of your system's
overall design and effectiveness. |
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Cost Accounting |
| Gross profit is the difference between revenue and the cost of making a product or providing a
service before deducting overhead expenses, income taxes and interest payments. It is not uncommon to see gross profits decrease as sales increase. The decrease in
gross profits can have a significant negative impact on the net profits of a company. KAAN Group provides an objective basis by experienced professionals to help a company measure and improve its gross profit. |
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Financial risk mitigation |
| We scope out the client's needs and develop a proposed action plan with a specified price and time line
to deliver results. This arrangement works well for a wide range of projects to support the financial, organizational and strategic planning needs of the client. |
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Bankruptcy |
| KAAN Group is qualified to serve as consultants providing analysis of necessary financial information needed
to navigate, but not limited to preemptive payments, fraudulent transfers, cash flow modeling and forecasting, business valuation and liquidation analyses, and interim financial reporting. |
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Sarbanes-Oxley Control Review and Analysis |
Experienced in implementing and tracking Sarbanes-Oxley Section 404 compliance, including:
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Project management
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Project support
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Liaise with external auditors
- Evaluation and remediation of deficiencies
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