Advalus provides our clients with the following range of financial advisory services enabling clients to address corporate requirements and the circumstances associated with individual programmes / projects.
Accounting Advice and Risk
Interpreting and complying with relevant standards:
Generally Accepted Accounting Practice in the UK (UK GAAP) including FRS; and
International Financial Reporting Standards (IFRS).
Planning and Implementing Restructuring.
Acquisitions and disposals.
Fraud and fraud prevention.
Acquisition Finance Solutions
Advising HMG and corporate clients on related-party acquisitions/investments including:
Appraisal and Evaluation of options.
Identifying and risk assessing sources of finance.
Risk analysis: specifically the implications and security within financing package.
External finance and / or leasing: including tax impacts and structuring options.
Asset Financial Management including Sales Disposal
Future Assets Strategy: Options Analysis.
Asset valuation and risk reviews.
Asset management systems.
Fair value methodologies.
Asset financing & re-financing.
Management of Asset sale: buyer identification, risk assessments, transactional support.
Environmental factors: secure data and assets disposal, HSE implications.
Accounting advice on valuations, sales and disposals.
Business Analysis
Corporate Strategy and Business Strategy .
Viability studies for current / future operations.
Business / VFM reviews of Teams, Directorates, NDPBs and Agencies, Departments.
Sustainability and risk assessments: legal requirements vs funding sources.
Assessment of internal capabilities (people, systems, tech, IP, funding) and advice on value-driven reconfigurations.
Capital Fund Raising Derivatives and Hedging
Capital raising: strategy, options and risk assessment.
Investment hedging options for HMG clients including pension investment exposure analysis.
Advice and analysis of HMG use of Financial Instruments and Derivatives.
Cash Management
Working Capital/ Cash management strategy and options.
Financial risk assessment and potential strategic responses.
Treasury and cash management processes and systems.
Commercial Benefits
Commercialisation strategy.
Opportunity assessment.
Options analysis (including risk/ cost/ benefit analysis) for HMG clients.
Active management of commercial benefit delivery, including new product development required (measurement, management and tracking).
Competition Policy
Advice on relevant regulatory implications for client options / procurements.
EU and domestic legislation, and tracking changes throughout the UK's departure process from the EU.
Best-value analysis, balancing competition and other commercial factors (including market size and maturity, capital needs, risk, and term).
Complex Cost Benefit
Cost-benefit analysis: evidential risk based assessment and analysis of business options, risk, counterfactuals, market evidence, valuations.
Benefit case appraisals / reviews.
Risk based assessments of potential business investments and decisions.
Transition of cost-benefit analysis into realisation management plans and benefit delivery teams.
Corporate Restructuring and Flotations
Advice to clients on the options/ financial implications of corporate restructuring, including:
Schemes of arrangement.
Change of control requests from non-UK investors.
Cost efficiencies vs organisational capability change and sustainability.
Costing Review and Administration
Assessment and Assurance on costings underpinning budget submissions, business and investment cases, change plans, and client reporting requirements /reviews:
Fundamentals review of costing composition.
Assumptions testing.
Sensitivity testing.
Benchmarking and comparisons,
Master data and assumptions schedule.
Creditor Management
Corporate strategy.
Requirements specification.
Outsourcing strategy and implementation.
Debt Restructuring
Review / Assess / Reports on proposed financial restructuring for 3rd parties (suppliers, partners, agencies), including debt refinancing and restructuring.
Lender/consortia debt conditions and security - and risk /impact assessments for HMG client.
Direct implications / impact (supply contracts, equity stakes, NDPB/agency obligations).
Developing and Assessing Project Proposals and Business Cases
Development and assessment of project proposals / cases:
across the lifecycle in accordance with prevailing Government policy (including Treasury Green Book and Managing Public Money guidance),
Outline Proposals, PID, Strategic Outline Programme Case (SOP), Strategic Outline Case (SOC), OBC and FBC.
Create and develop the required Business and Approval Cases, plus all required supporting information, including:
Strategic Case - development of arguments, papers and briefs setting out the case, information notes, and briefing notes to support these cases.
Economic Case - creation of Cost-Benefit Analysis (CBA), Benefit Realisation Plan (BRP), Investment Appraisal (IA) and Options analysis (long list, selection criteria,
Commercial Case - Procurement options analysis, Risk transfer assessment, service requirements, payment mechanisms, contract risk issues, key negotiation aspects, incluidng TUPE obligations.
Financial Case - Cost forecasts (current/nominal), Analysis of sources and uses of funding, Affordability assessment across CDEL/RDEL/IND-RDEL analysis, Balance sheet impact analysis, accounting implications.
Management Case - Governance and structuring risk assessment, Organisational risk analysis, project plans, recruitment plans, contingency/fall back options.
Due Diligence
We perform Due Diligence at all levels:
Departmental,
Directorate,
Enterprise / Corporate
Programme,
Project or
Individual System
Deployed team installed to analyse all data, systems and policy, and supplement with individual interviews.
Gaps identified, risks articulated and reports generated for client to determine remedial actions/mitigations.
Economic Case
Project specific (micro) economic analysis covering:
Strategic priorities vs resources.
Optimum resource allocations and business/project options.
Risks and uncertainty - assessment and advice.
Tracking and measurement of non-monetary outcomes and benefits.
Financial Accounting & Reporting
Advice on emerging financial accounting changes (including but not limited to changes to IFRS, UK GAAP and FRS)
Advice on accounting issues for HMG departments, NDPBs and Agencies, including COS VAT, and budgeting for Cash and Non-Cash funds
Financial / Risk / Opportunity reporting advice at the contract, project and departmental levels
Assurance service on reporting - quality, data sources and systems
Financial performance review and viability studies
Reviews and assurance of financial performance, at contract/project/department level, covering:
Funding structure(s).
Cost and efficiency.
Working capital outlook.
Output efficiency (VFM).
Sustainability.
Financial policy and strategy advice (including options appraisal, communications, analysis and modelling)
Review of existing policy and strategy, and preparation of strategic option reviews and papers, including:
Identification of key financial risks, including policy alignments.
Sources of funding and capital risks.
Demand modelling.
Options for enhancement / implementation as required; including communications and delivery plans.
Financing Public Infrastructure / Negotiations
Support to major public infrastructure projects; including:
Options / Specification and Commercial design of structure and terms - contract, funding, payment mechanism, risk assessments.
Market analysis - capability and competition, funding structure and risks.
