Purpose and deliverables
The financial question, activities, reporting period, intended users and output format form the basis of the proposal.
OUR APPROACH
From the first discussion
to an actionable report.
Our engagement process establishes the financial question, examines the relevant information and turns the findings into reports and recommendations management can evaluate.
- 01
Initial Consultation
Understand your business, its financial management priorities and the decisions the work should support.
Information and discussion
A concise description of the business, the management question, intended use and preferred time frame.
Stage output
An initial view of whether the request fits the company’s general corporate financial management services.
- 02
Business Assessment
Review the information and financial processes relevant to the brief. Clarify assumptions, gaps and practical constraints before defining the assignment.
Information and discussion
Relevant reporting periods, available records, existing processes and the people who can explain them.
Stage output
A documented understanding of the review areas, information requirements and material limitations.
- 03
Solution Development
Define a proportionate work plan and proposed deliverables. The formal service agreement sets the scope, responsibilities, delivery arrangements and fees before work begins.
Information and discussion
Agreed priorities, access arrangements, intended users of the analysis and the boundaries of the assignment.
Stage output
A service proposal and, when accepted, a formal agreement covering scope, deliverables, timing and fees.
- 04
Implementation & Support
Carry out the agreed analysis or advisory work, clarify questions with management and communicate findings in the format defined by the engagement.
Information and discussion
Information supplied under the agreed arrangements and management clarification where needed.
Stage output
The reports, planning frameworks, assessment findings or management recommendations specified in the agreement.
- 05
Review & Improvement
Discuss the findings and their implications, distinguish assumptions from observations and identify any follow-up work that management wishes to consider.
Information and discussion
Management feedback, questions on the deliverables and any material change in the underlying information.
Stage output
A clear record of findings and next steps. Additional or continuing work is subject to an agreed scope.
WORKING ARRANGEMENTS
Project-based or continuing support.
Records and assumptions
The client provides relevant financial records and explains material estimates. Gaps, dependencies and assumptions are identified during the review.
Review and responsibilities
Review points provide opportunities to discuss findings and correct factual issues. Management remains responsible for decisions and implementation.
Fees and changes
Project fees or continuing support fees are agreed in the service agreement. Additional work and changes to delivery arrangements require agreement.
CONTACT CLEARPATH
Discuss your financial requirements.
Tell us about the financial question, the period under review and the support your business needs.