WISTA management consulting
Specialists for your firm's secure and successful ongoing development
Management consulting is one of the core competencies of the WISTA consulting association and is provided by both WISTA AG as well as WISTA Consulting GmbH.
WISTA AG employs auditors and tax accountants who posses special expertise in the following consulting areas:
- Rendering of accounts and controlling
- Company transactions
- Restructuring and reorganization
- Insolvency consultation
Beyond this, WISTA Consulting GmbH offers you support focused on the area of IT consulting.
By networking auditors, tax accountants, attorneys and management consultants,
all their specialized knowledge is made available to you. This is what gives our
concepts and solutions such strength.
Rendering of accounts and controlling
As experts in all matters related to auditing we are the right partner for you when you are faced with setting up basic procedures such as the rendering of accounts, financial accounting, or commercial cost accounting.
We will be happy to be your partner from the outset when you found your firm so that we can jointly design and implement basic, vital procedures.
If, as an already existing firm, you which to set up a controlling and reporting system, we can assist you with the structuring and creation of
- Planned accounts
- Deviation controls
Financing is generally the greatest challenge during a company’s founding and growth phase.
We provide support with professionally prepared documentation and during financing discussions.
Aside from traditional bank loans we will also work with you to examine the feasibility of other financing options such as leasing, factoring, mezzanine financing and private equity.
We optimize your firm’s financing structure and thus reduce financing costs.
The goal of a financing concept tailored to your firm’s needs is also to detach entrepreneurial and financial risk from the shareholders’ liability. Only in this way can your assets be protected.
Regardless of what you are planning, whether it is...
- a company acquisition or sale;
- company succession by means of a management-buy-out (MBO), or management-buy-in (MBI) or;
- participation by a financial investor in your firm in the form of private equity or mezzanine capital;
... you will need a professional partner for these commercial transactions. We can support you through the entire process.
In particular, our services include:
- Performence of due diligence examinations
- Performance of company valuations to determine acquisition costs
- Development of an optimized structure
- Support during negotiations
Restructuring and reorganization
As a rule, company crises develop as an accelerating process in one of the following areas
Lack of strategic objectives · Poor earnings · Liquidity problems
However, the manifestation of one or more risk factors can result in a crisis appearing suddenly and unexpectedly.
In either case, fast and meticulous action is required in order to achieve the decisive turnaround.
We solve these tasks by utilizing an experienced team of auditors, tax accountants, attorneys and management consultants who think and act in an interdisciplinary manner. Our process can be subdivided into four phases:
- 1st phase: An analysis and stock-take of the existing situation;
- 2nd phase: The development of a concept to increase revenues, reduce costs and provide financing breathing space;
- 3rd phase: Decision-making based on the input of all participants;
- 4th phase: Implementation of the determined concept and monitoring the change process.
Based on our close work with bankruptcy attorneys we have gained a broad range
of experience and comprehensive expertise in the organization and administration
of insolvency procedures. We also support insolvency administrators in the
development and implementation of continuation and reorganization concepts
for the insolvent business.
In particular, our spectrum of services includes:
- Performing the insolvency accounting
- Preparation of advance sales tax notifications
- Support during external tax audits
- Administration of trust accounts
- Preparation of final accounts for the courts
- Preparation of plan accounts for continuation and reorganization concepts
- Support during the process of a reorganization transfer
As a competent contact for questions related to IT we can make the
following services available to you:
- Planning and implementations of networks in a Microsoft environment
- Administration of Microsoft networks
- Implementation and administration of DATEV applications
- Advice for security and firewall solutions
- Planning, implementation and administration of MS Exchange and Blackberry environments
- Database system management