Thunderbird Advisory Group LLC - Business Performance Improvement

Internal Auditing & Financial Advisory.

Thunderbird Advisory Group provides comprehensive business optimization and financial advisory services to companies across the globe. Below is an introduction to our internal auditing and advisory services:

Fraud Risk Management
Effective Fraud Risk Management can assist companies by means of evaluating, mitigating and monitoring their risk of fraud and misconduct. Our firm supports organizations in their efforts to prevent and detect fraud risk as well as help companies gain the proper perspective on how fraud risk impacts their business. We can tailor fraud risk assessments based on industry and a company’s own unique operations. Solutions include:

Fraud risk assessment and investigation
Fraud audit services
Fraud monitoring program development
Fraud risk governance policy development

Internal Audit Co-sourcing/Outsourcing
Companies of all shapes and sizes consider the value of internal audit services as critical. These services should be an independent and objective function that strives to continually help companies evaluate their level of safety and compliance, efficiency and effectiveness as well as being proactive and being able to plan ahead. 360-degree views of a company provide for multiple perspectives and can address many risks and compliance issues that a company must face every single day. Solutions include:

Internal Audit co-sourcing and team augmentation
Internal Audit outsourcing (full audit function)
Precision audits and agreed scope engagements
Audit committee and/or management group reporting and guidance

SOX Compliance
Our SOX compliance services provide assistance for both companies already having to ensure compliance or those going through initial implementation. Our firm focuses on the overall foundation of solid compliance coupled with effective governance and a sustainable platform.

Technical Accounting Consulting
As technical accounting guidance and mandates continue to change, companies continue to struggle with how best to stay on top of appropriate accounting and financial reporting. Having the appropriate technical resources can be a challenge for most companies. Companies need a resource that they can turn to when new pronouncements stretch their capabilities or when there are highly complex accounting issues involved. Filling those gaps is where our firm can step in and add value. Solutions include:

Accounting policies and procedures development and execution
Accounting position papers development
Financial reporting support and development
Accounting and finance team augmentation

Thunderbird Advisory Group provides comprehensive business optimization and financial advisory services to companies across the globe. Below is an introduction to our business performance and finance services:

Finance Optimization Services
Finance optimization services help businesses identify areas within their finance and accounting group that are inefficient, under or oversized, duplicative and/or redundant (in many cases due to decentralized operations or recent acquisitions), ineffective in being able to provide timely, relevant information and reporting and ultimately do not provide any sort of value-add. Solutions to combat these issues include:

Process redesign/automation
Finance team reorganization and training
System(s) review and optimization

Corporate Performance Management
Corporate performance management focuses on a company’s overall performance (both operational financial) and gives management a view of how well these two sides to the success equation are working together. Solutions include:

Performance dashboards
Profitability analysis and revenue enhancement
Project management and change management

Strategic Cost Reduction
Strategic cost reduction includes the concept of identifying drivers of costs and how to effectively mitigate the risk of eroding profitability and lack of visibility. Solutions include:

AP/Contract Cost Recovery
Sourcing/Ordering Optimization
SG&A Reduction

Working Capital Optimization
Working capital is the combination and interplay of Current Assets and Current Liabilities which drive cash flows, ability to fund operations, effective credit management and inventory control. Solutions include:

Increasing Days Payables Outstanding (DPO); optimizing payment structures
Decrease Days Receivables Outstanding (DSO); reduce uncollectible A/R
Decrease Days Inventory Outstanding (DIO); reduce excess or obsolete inventory