Advisory overview - Ernst & Young - Ukraine

Securing the present . . . improving the future

Taking a 360° view of your company’s health is a necessary first step to securing the present and building for the future. Many organizations are facing important short term issues, such as reducing costs and current financial risks, but it is equally important to consider performance improvement and risk management opportunities that will drive growth and operating efficiencies for the longer term and create a stronger competitive position.

Delivering improved business performance — and a superior client experience
Most businesses today are looking to solve two key challenges — improving business performance and cost reduction. This dual objective can deliver significant benefits and position your organization to emerge from the downturn with a stronger and more secure and competitive profile.

To help you meet these interconnected challenges and achieve your potential, we harness the diverse perspectives and experiences of our 20,000 advisory professionals — one of the broadest global advisory networks of any professional organization. We assemble seasoned multi disciplinary teams to work with you to deliver a superior experience built on a consistent global methodology, a robust knowledge culture and insights from our work around the world.

So whether your focus is on transforming your entire business or on sustaining performance and building on today’s achievements, having the right advisors on your side can help you accelerate towards your goals. We offer objective advice and fresh insights to help you achieve tangible results and sustainable improvements wherever you do business.

The top 10 risks for business

In today's post-downturn economy, a variety of business risks have emerged -- and some have become more prominent. From the threat of increased regulation to emerging markets to social responsibility and more, our survey of leading industry executives shows which risks you should be prioritizing this year.

The DNA of the CFO

This survey provides insight into what it is to be a CFO today, exploring their expectations and aspirations, and the skills and relationships needed to be successful.

Transforming risks into opportunities

Risk-taking is part of business: no risk, no reward. The challenge in risk management is therefore not to avoid risks, but to gain a competitive edge by transforming them into opportunities. In three reports, we offer insights on how to create and protect value through best practice in risk management.

Do organizations have a plan in place to save today to prosper in the future?

Most companies fail to sustain cost reductions after the economy begins to recover from the downturn that forced those reductions. In this report, we suggest that effective cost reduction should become engrained in the way companies do business. 

The future of Finance

Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

 

The future of risk

This new survey of more than 500 global companies provides a snapshot of the current risk environment (pdf, 360.13kb) at a time when mixed reports are filtering through about the medium- and long-term economic outlook. It examines companies' attitudes towards risk management and how recent global events have affected management approaches to risk.