Every enterprise needs an accounting system to measure its financial performance, by collecting and converting data into meaningful information on a timely basis to enable management to take appropriate actions to bolster, improve and consolidate its financial position.

With globalization, and the world economy opening up seemingly every day, financial statements of companies should meet global standards. All listed companies in the European Union, and in many other countries, (including Mauritius), have converted their accounts to IFRS, (International Financial Reporting Standards), in 2005, thereby enabling investors to understand and compare financial statements from companies around the globe. However, the IFRS conversion process and initial reporting period is much more than a technical accounting issue, and may affect a company’s day-to-day operations or even impact on its reported profits. Moreover, executive management and corporate boards should ensure regulatory compliance and reporting.

Our services include:

• Implementation and review of accounting system
• Inventory control and management
• Debtors control and management
• Income and Cash Flow forecast
• Reviewing Management Information System
• Preparation of Financial Statements
• Updating clients on developments on local and international financial standards
• Harmonising accounting policies after a take over
• Converting financial statements to IFRS, and providing appropriate training to clients’ staff
• Solving technical accounting issues, and
• Helping clients’ to comply with legal and regulatory rules.

Moreover, Strategix provides financial advice on a wide range of business issues, including:

• acquisitions
• disposals and mergers
• project financing
• valuations, and
• investigations