Our Consulting & Advisory team has a combined 50 years of experience with ABS.
Forecasting, budgeting, and financial planning
Presentation and communication of reliable regular financial information
Implementation of new systems
All types of business consulting including internal control functions and overall business strategy
Advice on mergers, acquisitions and sale of businesses
Banking advisory work
Payroll and Human Resource work including knowledge of up-to-date rules and legislation
Fraud detection and litigation support
ABS has advised on several successful mergers, acquisitions and sales of local companies. ABS’ senior management have a thorough understanding of the processes essential to the successful sale and purchase of these companies.
ABS does not provide “formal” valuations of companies but has a sound understanding and long term experience of the market forces that exist in Bermuda and provides insight and guidance on what your business may be worth.
ABS provides payroll services to almost all of its existing clients and ABS’ team of people are well versed in Bermuda’s payroll tax rules and the myriad of other rules and legislation associated with the HR function in local companies. ABS’ team constantly deals with the Bermuda government on these matters, whether negotiating payment plans for companies in arrears or helping with completion of complex quarterly returns.
ABS works diligently to keep our clients abreast of constantly changing payroll tax legislation.
ABS has helped a number of local law firms to assist in compiling information for support in litigation cases, including divorce actions.
ABS’ consults to a number of local businesses involving commercial matters ranging from internal controls to business strategy. ABS integrates such work with normal monthly accounting.ABS has also acted as an independent consultant.
ABS helps professionals, including legal, architectural and surveying companies, with their time and billing systems. One of our senior accountants was the financial controller of a former Big Eight accounting firm and has extensive time and billing expertise.