Advisory

Maximize Your Business Deals with PwC Gibraltar

Whether you're acquiring, merging, selling, or starting a new business, PwC Gibraltar is here to ensure your transactions are optimized for success.

Our Key Services:

• Financial Due Diligence: Ensure accurate financial information to meet governance and risk objectives, and to secure the best deal as a buyer or seller. We help identify critical success for your business.
• Independent Expert Opinions: We offer objective valuations for various needs, including court disputes, shareholder issues, and mergers. Our globally recognized independence and expertise ensure robust and reliable assessments.

Enhance Your Business with Technology at PwC Gibraltar

Technology is a crucial enabler of business transformation. At PwC Gibraltar, we help you maximize the value of your technology investments by combining expertise in IT strategy, architecture, design, and operations management with process improvement skills.

In today's fast-paced business environment, the accuracy, integrity, and timeliness of corporate information are vital for financial reporting and management decision-making. Companies need robust internal IT systems and controls to ensure effective risk management within a well-controlled environment.

With extensive experience working on IT systems for leading banks, telecom, insurance, and online gaming companies, we deliver IT general controls assurance services to help you achieve your goals.

Our Key Services Include:

• Internal Controls Documentation and Testing: Assistance in documenting or testing your internal controls over financial reporting to ensure accuracy and reliability.
• Independent Control Structure Review: We identify weaknesses and suggest possible design enhancements through an independent review of your control structure.
• SAS 70 Reporting and Control Reviews: We provide SAS 70 reports and review controls built into newly implemented IT systems.
• Due Diligence and ERM Development: Conduct due diligence on systems and controls and develop an ERM function with a focus on operational risk management.
• Enterprise-Wide Risk Management: Gain insight into your enterprise-wide risks and how well they are controlled, considering the consequences of IT/business disruption on reputation, revenues, market share, recovery costs, and shareholder value.

Specific Advisory Services:

• Regulatory Compliance: Ensuring compliance with regulatory requirements or control frameworks such as COSO, COBIT and Basel II.
• Security and Risk Assessments: Conduct computer and database security controls assessments and provide recommendations, IT General Controls and infrastructure security.
• Risk Analysis Training: Increase awareness of risk management and educate on risk evaluation techniques and methodologies.
• Business Continuity Planning: Implement business continuity plans, including business impact analysis, strategy selection, plan development, crisis management, and plan testing and maintenance.

Maximize Your Workforce with PwC Gibraltar Staff Secondments

At PwC Gibraltar, we offer tailored staff secondments to seamlessly meet your business needs. By carefully selecting staff with the right attributes, experience and qualifications, we ensure effective assistance for specific projects or to provide coverage during staff shortages.

Our Commitment to Quality:

As a leading professional services firm, we uphold high recruitment standards to attract top candidates. As an accredited training firm, we invest significantly in training our staff to perform at the highest standards, ensuring they are well-equipped to meet your requirements.

Why Choose Our Secondments?

Our staff are not only highly trained and qualified but also possess extensive experience across various domains, making our secondments both effective and beneficial for your organization.

Areas of Assistance:

• Accounting Assistance.
• Regulatory Compliance.
• Forensic Investigations.
• System Documentation.
• Internal Audit and Control Reviews.
• Compliance.
• Human Resources (Including Recruitment).
• Payroll.

Strategic Outsourcing with PwC Gibraltar

Outsourcing can be a powerful competitive tool for organizations, but it comes with its challenges. When executed strategically, it can significantly enhance organizational performance; however, if mismanaged, it can hinder progress and cause lasting issues.

Our Approach to Outsourcing

At PwC Gibraltar, we help clients navigate their outsourcing options, enabling business leaders to focus on core activities. Our comprehensive support covers all six phases of the outsourcing lifecycle, each with its own unique challenges:

1. Identifying Activities to Outsource: Determine which tasks can be outsourced to optimize efficiency and effectiveness.
2. Defining Requirements and Assessing Suppliers: Clearly outline your needs and evaluate potential suppliers to find the best fit.
3. Negotiating Terms and Drafting Contracts: Ensure robust agreements that cover intellectual property sharing, performance criteria, and penalties for non-performance.
4. Implementing Changes and Communicating: Facilitate major changes and effectively communicate with employees about adjustments to their work environment.
5. Managing Political and Regulatory Changes: Navigate and adapt to any political or regulatory shifts that may impact your outsourcing arrangements.
6. Reviewing and Managing Contracts: Continuously oversee existing contracts and handle any disputes that arise to maintain smooth operations.

Strategic Business Planning and Restructuring with PwC Gibraltar

Whether you're planning for succession or investing in a new business, understanding the valuation and strategic opportunities is crucial. At PwC Gibraltar, we provide expert valuation services and strategic advice to help you navigate these complex decisions confidently.

Our Valuation Expertise:

Determining the value of a privately-owned business can be challenging. Our valuation experts tailor calculations to your specific industry and circumstances, ensuring accurate and relevant assessments. We also leverage financial data from similar industries and use ratio and discounted cash flow techniques to provide potential business valuations.

Restructuring and Strategic Insights:

The acquisition or disposal of a business often forms part of a larger restructuring process. PwC offers an independent perspective to help you understand the impact of various financial, operational, and commercial assumptions on profitability, tax, and financing. Our model reviews empower you to make informed investment decisions.

Cost Reduction Strategies:

As part of restructuring, we devise cost reduction strategies focused on improving efficiencies and performance, considering both short and long-term objectives:

• Strategic Investments and Joint Ventures: Evaluate the value generated versus management costs.
• Product Portfolio Analysis: Identify and decide on divesting unprofitable products or accelerating growth through acquisitions.
• Management and Client Coverage Models: Reduce duplications and streamline structures.
• Customer Profitability Analysis: Target marketing spend on the most profitable customers.
• Incentive Compensation Structures: Align pay with business performance.
• Supplier and Supply Chain Review: Explore contract renegotiations and optimize spending.
• Administrative and Technology Functions Review: Assess effectiveness and appropriateness.
• Insourcing vs. Outsourcing: Evaluate merits for cost efficiency.

Significant cost-cutting opportunities may exist in areas such as legal, tax structuring, corporate real estate, travel, and entertainment.