Financial modelling
Leasing company – model for calculating loss allowances
What challenge/ problem did the client come with?
Our client, a leasing company, asked us to create a model for calculating bad debt provisions, in accordance with the expected loss model, as required by International Financial Reporting Standard 9.
What activities did we propose and carry out?
We prepared a model that imported data on active customer contracts, calculated PDs, LGDs and EADs, and then applied them to the appropriate impairment stages in accordance with the contract classification.
How we recovered half of the company's purchase price for the client – business disposal fraud
What challenge/ problem did the client come with?
The client contacted us with a request to prepare impairment tests.
What activities did we propose and carry out?
We identified appropriate cash generating units and then created financial models in accordance with IAS 36 to estimate future cash flows from those units. We prepared templates of appropriate notes to be included in the client’s financial statements.
Premium class finance
You feel that your business is gathering momentum and you want to take it to the next level. Makesure you are treading on firm ground, and entrust your financial matters to GROUND FROST.
We guarantee that this will be a good investment!