A sample list of our past accomplishments is as follows:
Acquisition Integration
Assisted client with accounting issues that arose during acquisition integration
- PFP developed new procedures and controls to allow for an effective and efficient monthly international consolidation process
- Allowed client the ability to create year-end audit worthy financial statements and resolve a number of outstanding intercompany accounting issues that resulted from numerous acquisitions
Company Consolidation and Restructuring Plan
Led a client in obtaining and consolidating financial information necessary to arrive at an action plan for the entity’s reorganization plan and plant consolidation
- To date, the actual savings from restructuring and consolidation efforts are $1 million ahead of plan, and have contributed to more than $10 million in improved operating performance year over year
Reorganization and Debt Restructuring
Acted in an operational capacity for a distribution facility going through a consolidation process
- Handled day-to-day operations of a client’s consolidated manufacturing and distribution facility; responsibilities stretched from the plant floor to the board room during a 12 month reorganization and debt restructuring
SEC Reporting Preparation
Private equity firm considering an IPO for a portfolio company requested financials that complied with SEC reporting
- Assisted client in preparing SEC formatted financials, analyses and reports designed to meet quarterly and annual reporting requirements
Audit Assistance
Assisted multiple clients with creating comprehensive financials and acted as liaison between the clients and auditors during the audit processes
- Accelerated clients ability to develop audit-ready financial statements and obtain unqualified opinions
- Our ability to meet tight audit deadlines allowed one firm to be purchased by a private equity firm; another firm was able to go through a full debt restructuring
Sarbanes-Oxley Compliance
Outsourced Internal Audit Manager efforts related to Sarbanes-Oxley (SOX) reporting requirements for multiple clients
- Saved client over $300,000 in fees and led delivered objectives ahead of budgeted timeframe in the client’s initial year of compliance
- Performed all management test work for a client with revenues in excess of $500 million
