ADVISORY

We provide crucial services that make out-pacing competition achievable through all stages of growth.

Growing businesses often find themselves constrained by resources and lagging behind their peers due to legacy operating models that were once sufficient but now overburdened. Our consultants help our clients modernize their businesses and out-pace their competition.

↓ Technical Accounting Advisory

Managing complex accounting issues requires access to resources with experience in dealing with advanced financial reporting. Our team of technical accounting consultants has the knowledge and experience to simplify all types of accounting issues, including support for mergers, acquisitions, divestitures, IPOs, and accounting policy conversions and implementations.

Example Services & Deliverables:
→ Assist companies with cash-to-accrual conversions and implementing new accounting systems.
→ Perform technical accounting analysis for new accounting pronouncements and policy adoptions.
→ Advise on SEC reporting requirements including proforma financial statements.
→ Prepare technical analysis and memo for complex transactions such as debt and equity financings.
→ IPO readiness services including financial statement preparation and audit support.
→ Preparation of SEC filings including 10Ks, 10Qs and S-1.

↓ M&A Transaction Advisory

Our team of transaction advisors bring a combination of financial, commercial, and operational and tax knowledge, to every deal. We help our clients navigate the deal process while ensuring they get the maximum return on all types of transactions, including acquisitions, divestitures, or strategic alliances.

Example Services & Deliverables:
→ Buy-side financial and tax due diligence services including QoE and proof of cash.
→ Sell-side advisory services including preparation of proforma financial statements and CIM disclosures.
→ Purchase accounting and business valuations.
→ Post-merger integration support services including 100-day plan, project management.

↓ Performance Improvement

Our team of performance and technology consultants go far beyond just recommendations and scoping. We holistically implement the enterprise solutions we design. By working alongside organizations on-site, we strive to achieve long-term improvement with measurable, bottom-line results.

Example Services & Deliverables:
→ Current state operational assessments and performance benchmarking.
→ Upgrades to new accounting systems and QuickBooks conversions.
→ System design and software/service provider selection services including ERP implementations.
→ Technology implementation including project and change management services across finance, accounting, inventory and HR.

↓ Technology Enablement

Enabling businesses with modern technology is not an easy task.  Transitioning from legacy to new requires thoughtful analysis, disciplined selection, detailed task management and robust change management.  Our team of consultants have the experience through coordinating large-scale complex technology projects to deliver data-driven cultures of the future.

Example Services & Deliverables:
→ Technology roadmap and digital transformation guide.
→ Project artifacts and detailed project management plans.
→ Vendor and service provider due diligence and selection.
→ Benchmark analysis, scorecards and KPI monitoring.

↓ Forensic Investigations & Dispute Resolutions

Our team of technical financial experts supports commercial litigation and forensic investigations in order to resolve disputes. Our teams have experience in forensic accounting, technical analysis, investigative due diligence, asset tracing, business valuations, and diversion/misappropriation of assets.

Example Services & Deliverables:
→ Computation of economics damages.
→ Financial restatements.
→ Detailed asset verifications and tracing.
→ Litigation support and export testimony.

↓ Regulatory & Risk Consulting

Our team of advisors are well-informed in technical regulations and risks exposing your business. We follow a disciplined approach to identify risks, determine a plan of action to mitigate risks and execute on delivering best practices for risk management. Our goal is to help our clients manage risks from changing landscapes and evolving regulations while increasing efficiency.

Example Services & Deliverables:
→ Operational risk assessments.
→ Model risk analysis.
→ Heat map.
→ Regulatory compliance reviews.

↓ Success Stories

Project Management
Private Equity Group

Large private equity fund complex engages Caroprese for project management of its annual fund audits.

Given the number of entities typically involved in a large private equity fund complex, the annual financial statement audit can be overly complex and burdensome on internal accounting staff.  Caroprese’s staff, including project managers and Certified Public Accountant, work closely with internal accounting staff at private equity firms to prepare fund financial statements and manage every aspect of the audit to ensure all work is completed ahead of the April 30 deadline.

Technology Enablement
Venture Capital Firm

Venture capital firm rethinks its IT infrastructure on path to operational agility and streamlined processes.

A venture capital firm based in New York City saw growth in their field accelerating quickly as they had successfully launched their largest fundraise to date.  To continue and enhance their competitive edge in a tightening market, the firm started its journey into the modern operating model by transforming their IT infrastructure and transitioning legacy processes to the cloud.  With Caroprese’s help, the firm was able to implement new leading software and fully transition to the cloud.  From increased agility to streamlined processes, the firm is now able to enjoy the benefits of the modern operating model with reduced support needs and lower costs.

Our Process

Through our simple, repeatable strategy you’ll realize high performance results through every service we provide.

 

  • → Gather facts including people, processes and technology involved.

    → Develop current state assessment.

    → Prepare benchmarks and competitive analysis.

    → Create a functional heat map to identify high impact project initiatives.

    → Develop high level target operation model to guide project initiative and scope.

    → Brief management team and prioritize opportunities for improvement.

  • → Initiate command and communication protocol through Project Management Office (PMO).

    → Establish project leadership at work stream level.

    → Engage work stream leaders, discuss priorities and opportunities for improvement.

    → Prepare options analysis and vet alternatives.

    → Determine resource needs, dependencies, risks and limitations.

    → Develop detailed project plan with milestones, tasks and timeline.

  • → Kickoff project and initial project tasks at work stream level.

    → Initiate weekly communication protocol through work stream and PMO.

    → Develop and begin tracking key performance metrics (KPIs).

    → Begin project status tracking.

    → Address and update resource needs, dependencies, risks and limitations.

    → Monitor progress and continually reinforce project plan.

  • → Item descriptionSummarize project status and outcomes.

    → Compare realized outcomes to project objectives and expectations.

    → Brief management team on completion status.

    → Begin project status tracking.

    → Continuously monitor KPIs and other key factors to assess effectiveness of project delivery.