Investment Management

              Services we provide

• Audit of financial statements in accordance with Russian Accounting Standards
• Assistance with the adoption of International Financial Reporting Standards (IFRS), including the development of overall plan, training programmes, preparation of necessary resources and financial reporting system development
• Audit of financial statements in accordance with International Financial Reporting Standards (IFRS), US Generally Accepted Accounting Principles (US GAAP) or other international standards (also as part of IPO preparation)
• Quarterly/half-year review of financial statements
• Services related to floating and placement  of securities, including the preparation of comfort letters

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Internal Audit

• Full or partial outsourcing of internal audit
• Corporate governance
• Enterprise risk management
• Assessment of risks and control procedures in the field of IT
• Building an internal audit function
• Development of a strategic development plan for internal audit function
• Optimization of internal audit function
• Internal audit training sessions
• Quality assessment services
• Inspection and consulting services for the observation of contractual conditions by third parties

Internal Control

• Building an internal control system
• Optimization of internal control system.
• Test of design and operational efficiency of internal control system
• Introduction of control procedures when implementing projects for the reform of the finance function and the implementation of ERP systems
• Internal Control Training Programs

Information Security

• Determination of information used by the organization
• Assessment of probability and consequences of information leak
• Assessment of efficiency of existing protection instruments
• Development of a reaction strategy for possible information leaks
• Cooperation in the selection and implementation of data leak prevention instruments

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Technology Integration Services

• Optimization and automation of sales process for financial institutions: Increase up- and cross-sales
• Optimization and automation of the lending processes
• Data analysis and Implementation of information management services
• IT project portfolio management and setup of the Program Management Office
• IT services efficiency improvement and optimization
• Payment processes automation

Strategy and Operational Effectiveness

• Strategy development: Identification of long-term development priorities, implementation of shareholders' and top management's vision
• Organizational design: Optimization of organizational structure, creation of new functions, implementation of changes
• Headcount optimization: Identification of target employee number, workload distribution, benchmarking of productivity
• Design of a KPI motivation system: Development of objective reward criteria, relation of reward payments to the financial results of the organization
• Cost reduction: Optimization of procurement, improvement of business processes, infrastructure and organizational structure
• Increase in sales efficiency: Optimization of role allocation, regular management procedures, implementation of balanced motivation system
• Business-processes improvement: Stream-lining of processes, reduction of failures, controls system optimization, process-oriented approach implementation
• Project management office set-up: Reduction in projects’ time and budgets, increase in performance of complex projects & programs
• Post Merger Integration: Implementation of target operating model, reduction of project integration risks, achievement of synergy effects

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Transaction support

• Acquisition due diligence (“Buy-side”)
• Vendor due diligence (“Sell-side”)
• Vendor assist
• Negotiation support
• Debt restructuring support (Independent Business Review preparation)
• Assistance with drafting/analysis of Sale and Purchase Agreements
• Analytical support of capital market deals (long-form report, working capital report)

Forensic and dispute services

• Fraud and Accounting Investigations
• Anti-Bribery and Anti-Corruption Services
• Dispute Services
• Business Intelligence Services 
• Capital Projects
• Anti-Money Laundering
• Fraud Risk Management and Compliance Services
• e-Discovery
• Analytics

Valuation and financial modelling

• Business valuation/value analysis
• Fixed asset valuation
• Purchase price allocation and intangible asset valuation
• Financial modelling

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International tax

• International tax planning aimed at improvement of the efficiency of businesses, reduction in operating costs and management of economic risks
• Structuring of cross-border investments
• Consultation regarding tax efficient international group structuring
• Tax structuring for IPO/private placements by Russian companies
• Exit-strategies planning
• Consulting services on foreign tax law with the assistance of Deloitte Global Network
• Delivery of international tax events, workshops, conferences, seminars, etc.
• Assistance in setting up of companies in foreign jurisdictions (together with aligned law firms in the respective jurisdictions)

Transfer pricing

• Assistance in the analysis of business operations and in the detecting of related-party transactions
• Assistance in the selection of transfer pricing methods that best suit client’s related party transactions
• Benchmark studies using statistical data bases (SPARK, Amadeus, Ruslana, Bloomberg Professional etc.)
• Transfer pricing planning and documentation
• Recommendations for reducing the risks related to transfer pricing
• Dispute avoidance: Advance pricing agreements (APAs)
• Competent assistance during tax audits related to transfer pricing, performed by a designated department of the Federal Tax Service
• Supply chain management with regard to transfer pricing regulations etc.

Tax accounting services

• Consulting, including tax compliance and accounting (RAS and IFRS or US GAAP)
• Preparation and filing of the company's statutory financial statements and full tax reporting to the tax authorities
• Development of an accounting or tax policy for financial and tax accounting purposes
• Secondment of qualified personnel
• Analysis of tax accounting and reporting. Recovery and restoration of financial and tax accounts
• Support during desk and field audits

Business tax

• Corporate taxation and compliance services
• Consulting on strategies for a better management of tax obligations and enhancement of cash flow

Tax management consulting

• Risk, strategy and operations
• Enterprise resource planning (ERP) and tax strategy
• Compliance outsourcing
• Compliance process automation
• Tax data analytics

Global employer services

Executive compensation:

• Bespoke remuneration strategy and incentive plan design
• Shareholder consultation and investor relations support

Indirect tax

• A review of the company’s business model from the point of view of indirect taxes with the identification of areas of risk and the possible optimization of indirect tax payments
• Detailing strategies on how to claim VAT refunds and support with implementing this strategy
• Analysis of contractual arrangements in view of the potential negative implications related to VAT and excise issues
• On-going consultation on the application of indirect taxes to particular transactions and activities; such as capital construction, business reorganization and trade incentives

Research & Development and Government Incentives

• Initial feasibility review and analysis of potential claims
• Assistance in obtaining tax incentives on a turn-key basis or support at various stages
  of the process:

─ preparation of application and supporting documents for a claim

─ negotiations with the authorities

─ review of draft agreements with the relevant government bodies

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• Advice on corporate law
• Advice to businesses facing high levels of state regulation
• Corporate management and the law
• Legal support for M&A and reorganization
• Legal advice on IPOs
• Preparation and analysis of all contract types
• Advice on intellectual property issues
• Advice on all aspects of financial law (including stock market, insurance, banking and leasing legislation, and currency exchange regulation)

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• Audit of financial statements in accordance with Azerbaijani Accounting Standards
• Assistance with the adoption of International Financial Reporting Standards (IFRS), including the development of overall plan, training programmes, preparation of necessary resources and financial reporting system development
• Audit of financial statements in accordance with International Financial Reporting Standards (IFRS), US Generally Accepted Accounting Principles (US GAAP) or other international standards (also as part of IPO preparation)
• Quarterly/half-year review of financial statements
• Services related to floating and placement  of securities, including the preparation of comfort letters

International tax

• International tax planning aimed at improvement of the efficiency of businesses, reduction in operating costs and management of economic risks
• Structuring of cross-border investments
• Consultation regarding tax efficient international group structuring
• Tax structuring for IPO/private placements by Azerbaijani companies
• Exit-strategies planning
• Consulting services on foreign tax law with the assistance of Deloitte Global Network
• Delivery of international tax events, workshops, conferences, seminars, etc.
• Assistance in setting up of companies in foreign jurisdictions (together with aligned law firms in the respective jurisdictions).

Transfer pricing

• Assistance in the analysis of business operations and in the detecting of related-party transactions
• Assistance in the selection of transfer pricing methods that best suit client’s related party transactions
• Benchmark studies using statistical data bases (SPARK, Amadeus, Ruslana, Bloomberg Professional etc.)
• Transfer pricing planning and documentation
• Recommendations for reducing the risks related to transfer pricing
• Dispute avoidance: Advance pricing agreements (APAs)
• Competent assistance during tax audits related to transfer pricing, performed by a designated department of the Federal Tax Service
• Supply chain management with regard to transfer pricing regulations etc.
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Tax accounting services

• Consulting, including tax compliance and accounting (RAS and IFRS or US GAAP)
• Preparation and filing of the company's statutory financial statements and full tax reporting to the tax authorities
• Development of an accounting or tax policy for financial and tax accounting purposes
• Secondment of qualified personnel
• Analysis of tax accounting and reporting. Recovery and restoration of financial and tax accounts
• Support during desk and field audits

Business tax

• Corporate taxation and compliance services
• Consulting on strategies for a better management of tax obligations and enhancement of cash flow

Tax management consulting

• Risk, strategy and operations
• Enterprise resource planning (ERP) and tax strategy
• Compliance outsourcing
• Compliance process automation
• Tax data analytics

Global employer services

Executive compensation:

• Bespoke remuneration strategy and incentive plan design
• Shareholder consultation and investor relations support

Indirect tax

• A review of the company’s business model from the point of view of indirect taxes with the identification of areas of risk and the possible optimization of indirect tax payments.
• Detailing strategies on how to claim VAT refunds and support with implementing this strategy.
• Analysis of contractual arrangements in view of the potential negative implications related to VAT and excise issues.
• On-going consultation on the application of indirect taxes to particular transactions and activities; such as capital construction, business reorganization and trade incentives.

Research & Development and Government Incentives

• Initial feasibility review and analysis of potential claims
• Assistance in obtaining tax incentives on a turn-key basis or support at various stages
  of the process:

- preparation of application and supporting documents for a claim

- negotiations with the authorities

- review of draft agreements with the relevant government bodies