Formulate your strategy with quality input from us
We help clients formulate their corporate strategy enabling them to build more effective organizations, reduce costs and increase scope for technological intervention. We assist clients in evolving to meet changing industry trends and management focus. In the long run, we remain closely associated with guiding our clients to achieving their business strategy by innovating, cutting costs, managing risk, leveraging talent and changing the way they do business.
Our experience combined with the understanding of local business practices and personal relationships wide range of industry specialists enables us to support your business goals.
In a rapidly growing economy like Bangladesh, there is constant change and improvement in the way business is carried out. Global best practices are becoming more relevant along with requirements for compliance. From our extensive experience in working with multinational clients over the years, we provide our clients with the right mix of global best practices tailored specifically for the unique challenges of operating in Bangladesh.
Management consulting
We work with management to facilitating overall business strategy formulation. Our industry experience and knowledge of accounting and finance allows us to guide our clients to solutions based on modern management practices, adoption of technology and greater efficiency in operations. We offer a wide array of corporate advisory services such as project planning, business transformation services, feasibility studies, business valuation, etc.
Finance strategy
We support clients in aligning finance functions to business strategy. Traditional businesses in Bangladesh use accounting departments as only a bookkeeping function. We support our clients to integrate the function as a value adding department working beyond simple record keeping. A forward-looking effective finance department is a critical part of any business and the business data and forecasts generated by them is necessary for any decision making by upper management. We design and structure operational departments integrated with core business functions to ensure smooth inter-department operations and timely availability of key information for strategic and operational decision making.
Process advisory
We assist clients in designing core and supporting business processes facilitating the handling of day to day operations. Such tested processes allow clients to harness increased efficiency and streamline operations. Our deep local insight ensures processes are designed to adapt to local market conditions, regulations, and taxation. As part of this service we provide:
- Business process development services
- Business process re-engineering services
- Internal policy development
- Internal controls advisory
- Internal controls audit
- Recurring tailored internal audits
Accounting Advisory
We assist finance leaders in addressing the constant upcoming challenges arising from introduction of new complex accounting regulations, understanding local GAAP and accounting for complex business transactions. Our services help clients improve their processes and achieve timely and accurate financial reporting. We provide:
GAAP Advisory & Financial Reporting
- Adoption of International Financial Reporting Standards (IFRS)
- Improvements in financial reporting process
- Impact assessment and guidance for adoption of new standards
- Meeting regulatory requirements under local GAAP
- Development of accounting policy
- ERP implementation advisory
- Providing training in accounting and financial reporting on complex topic
Transaction Accounting
- Specific transaction accounting
- Analyzing financial and regulatory impacts
- Working with transaction advisors on valuation projects
- IPO readiness assessments and execution
Trusted by Many!
"ACE Advisory as a company and its founders are proficient in their work and overall approach. We have had a good relationship with them so far for our consultancy work, accounting services, tax filings, compliances. The most important aspect of the company being they go beyond the written word in the scope by supporting their clients/partners in their emergencies too."
"ACE Advisory was instrumental in establishing our back-office operations in Bangladesh and they continue to provide quality and efficient outsourced finance, accounting, payroll and tax services to us. Their insights helped us rollout a SAP localization in under 3 months and they assume a high level of responsibility for client work, compliance, and filings."
"Critical issues surrounding our entity setup in Bangladesh was resolved smoothly and quickly by ACE Advisory. We have since engaged them for complete back office outsourced services and find their service and support to be professional and of the highest quality at all times. Management does not hesitate to provide services beyond the written scope of work."
"The advice and support provided by ACE has significantly contributed to establishing our business in Bangladesh. We experienced them as proactive and professional business and tax advisors helping us to structure our operations in an efficient manner."
"ACE Advisory’s PEO (PEO is the technical term we use for outsourced employee services where we hire on your behalf) and HR services enabled the rollout of our Bangladesh operations in under a month. Since then and over the last 4 years, ACE Advisory has proven a trusted local partner providing the unparalleled fiduciary services."
"ACE advisory has helped us considerably with the local accounting and financial compliance in Bangladesh. We are pleased with their support on different challenges we faced and with their quality of work."
"ACE Advisory is a reliable consulting firm, and we highly recommend it. ACE Advisory provides professional service at a reasonable fee, and I do appreciate their quick and flexible response to my detailed questions, it enables me to satisfy the requirements of our head office in Japan."
"ACE Advisory is our go to firm for tax advisory work for mutual clients. The partners are highly attuned to the needs of MNCs and foreign investors and are very good at providing quick and reliable advice."
"ACE advisory's quality of service has been remarkable. We sincerely appreciate the level of detail and accountability ACE demonstrated in our engagement"
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© 2024 ACE Advisory. All Rights Reserved.
© 2024 ACE Advisory. All Rights Reserved.