Chapter 3

Traditional Services

1. Managerial Accounting ABCCDEFV

2. Design and Appraisal of Accounting System DIAREA
3. Financial Management-related services -- CAPVSSSS
4. Project Feasibility Studies

Emerging Consulting Services

1. Global Risk Management Services covers determination of critical risks that the firm faces,
development of recommendation to reduce risk exposure and identification of opportunities for
growth and expansion. (FOCS)
2. Transaction Services involves services related to mergers, acquisition, divestitures, joint
ventures, spin-off and strategic alliance.
3. Financial Advisory Service services related to investment banking, fraud and dispute analysis.
4. Project Finance and Privatization development of the commercial structure for a deal,
including risk mitigation and contracts
5. Valuation Services acquisition or divestiture of investment, debt structuring and finance raising
entry major stock exchange.
6. Business Recovery Services creditors services, business regeneration, insolvency/executor
services.
7. Dispute Analysis and Investigations environmental analysis, real estate damage, investigative
services.
8. Computer Risk Management implementing mission critical business systems
9. Application Software Selection and Application

Types of Clients Served

1. Contact Clients
2. Intermediate Clients
3. Primary Clients
4. Unwitting Clients
5. Indirect Clients
6. Ultimate Clients

Group of Clients that CPAs can provide MAS are

1. Privately-owned business firms

2. Government agencies and organizations
 3. Not-for-profit nongovernmental organizations
4. Professional Associations
5. Others

The actual output of consulting service centers on providing one or more of the ff:

1. Provision of information
2. Provision of special expertise
3. Provision of new perspective
4. Provision of support for internal arguments
5. Provision of support in gaining critical resource
6. Facilitating organizational change