services

ACCOUNTING AUDITS

Our organization conducts statutory and voluntary audits to provide opinions on financial statements, whether annual or interim, prepared in accordance with the relevant accounting standards (OIC, IFRS, US GAAP, etc.), and based on procedures conducted in line with International Auditing Standards (ISA). Full audits include a review of business processes and existing control procedures. Alongside statutory and voluntary audit services, REVICOM offers services in: pro forma financial statement reviews; fairness opinions as required by law; review of group reporting packages; support for the board of statutory auditors; audits related to transitioning to International Financial Reporting Standards and US GAAP; financial covenants certifications.

It represents the support activity offered in the context of acquisition operations, joint ventures and strategic alliances. The due diligence activity gives buyers, sellers and any other interested parties relevant information about the “business risk” associated with the specific operation, as well as a whole series of other data, of a financial and non-financial nature, as requested by the parties.

Specific interventions with the aim of carrying out a preliminary analysis on the Company’s internal control system, on the application of the reference accounting principles and on all other information useful for identifying possible problems, before starting a complete audit.

The extent of the audit work to be carried out will fundamentally depend on the objective required by the client’s instructions, in all those cases where the auditors are not required to apply all the audit procedures that a complete audit entails. Consequently, the auditor’s report will indicate the results of the work carried out without giving any opinion on the financial statements.

ADVISORY SERVICES

Activity that refers to company evaluations in relation to mergers, acquisitions and other extraordinary operations

Outsourcing in internal auditing activities. Training for internal staff (with internal audit function).

Refers to assistance provided in the following areas:

Preparation/control of “business plan”
Preparation of statutory and consolidated financial statements
Assistance in preparing “reporting packages”
Preparation of financial statements in accordance with International Accounting Standards (I.F.R.S.) or U.S. GAAP
Implementation of Group reporting procedures

We support the administrative-accounting area in functions such as:

Implementation of accounting procedures
Preparation of accounting procedure manuals
Preparation of interim financial statements
Training and supervision of administrative staff

CORPORATE FINANCE

Our professionals assist clients in areas such as:

Model analysis and parameters to assess potential permanent impairment of goodwill and investments (“impairment test”)
Business Due Diligence (Vendor Due Diligence and Acquisition Due Diligence)
Company valuations: Through extensive experience in corporate finance and business valuation, Revicom supports its clients in:
- Company or group valuations
- Fairness opinions
- Determination of exchange ratios
- Valuation of intangible assets

GOVERNANCE, RISK MANAGEMENT & COMPLIANCE

Support for internal control system analysis in terms of understanding, risk identification, and process evaluation. Verification of control structure adequacy (according to regulations like Legislative Decree 231/2001, Sarbanes-Oxley, etc.); technical-methodological support for recalculating financial statement items; support in assessing client-applied risk management methodologies.

FORENSICS

Evaluation of the internal control system for fraud risk assessment and anti-fraud programs implemented by the company; checks in anti-money laundering regulations (assessment of “as is” procedures and gap analysis).

TAX & LEGAL

Tax:
- Assistance and recurring advisory on compliance and regulatory obligations
- Corporate transactions – Mergers, acquisitions, and group reorganizations
- Transfer Pricing
- Inbound & outbound taxation (cross-border operations, location choices in other countries, assistance for recurring foreign operations, etc.)
- Indirect taxation (VAT, customs duties, excise duties, other indirect taxes)
- Personal tax issues for expatriates and HR advisory
- Commercial Law – Contract management
- Disputes and arbitration procedures
- Deal due diligence activities
- Assistance to family businesses and generational transfer issues
- Accounting services, management reporting, staff secondment, and tax and administrative support

Legal:
- Contract analysis, review and assessment of legal obligations, evaluation of company standing in contentious situations

BTWM
& PARTNERS

Recurring assistance and consultancy on regulatory compliance and obligations
Corporate operations – Mergers, acquisitions and reorganizations within the group
Transfer Pricing
“Inbound & outbound” taxation (foreign operations, localization choices in another country, assistance for recurring activities abroad, etc.)
Indirect taxation (VAT, customs duties, excise duties, other indirect taxes)
Taxation of individuals on secondment and consultancy to the HR function
Commercial Law – Contracts
Litigation and arbitration procedures
Deal due diligence activities
Assistance to family businesses and related generational transition issues
Accounting services, management reporting, secondment of personnel and assistance to the tax and administrative function

SERVICES