CHANGE MANAGEMENT &
OTHER SERVICES
Every successful project is managed by an individual who ensures it is completed according to its charter, on time, on budget, and as efficiently as possible. As a firm, we have accomplished numerous projects – large and small. In addition to our individual experiences, all our project managers are certified in Lean Six Sigma, which provides the groundwork for successful project management.
We specialize in the following areas of change management:
PROJECT MANAGEMENT
We specialize in effective resource allocation, risk management, and continuous monitoring, ensuring your project’s success. Whether you’re embarking on a small-scale initiative or a large, complex endeavor, our tailored project management solutions ensure efficient, organized, and goal-driven execution.
PROCESS IMPROVEMENTS
We specialize in identifying bottlenecks, eliminating redundancies, and implementing best practices to optimize your processes. Our team conducts thorough assessments and delivers actionable recommendations to enhance your workflows. With H4D’s process improvement expertise, you can streamline operations, reduce costs, and enhance overall productivity. We can also assist you with the implementation of the process changes.
PROCESS DOCUMENTATION
Companies create processes to manage an input or output; over time these processes may become outdated or simply inefficient. Our experts will help you map your company’s processes through interviews with the process owners and create a graphical representation of your processes, including the identification of inefficiencies such as bottlenecks and handoffs.
CONTROLS REVIEW
Our team conducts in-depth evaluations of your internal controls, identifying strengths and weaknesses in your processes. We deliver actionable insights and recommendations to strengthen your control environment, mitigate risks, and protect your assets.
DIVESTITURES
If you are considering the sale of operating assets or a standalone company, we provide the expertise to create carve-out financial statements for you to successfully market the assets to potential bidders. We offer assistance with the appropriate accounting for the assets and the company during the marketing phase as the assets are held for sale. Additionally, we provide assistance with the accounting for the ultimate divestiture.
Bankruptcy and Fresh Start or Liquidation Accounting
Even well-managed companies with strong operations may eventually find themselves in Chapter 7 or 11 bankruptcy filing due to circumstances outside their control.
Chapter 7 filings must follow liquidation accounting, which requires the revaluation of the company’s assets and liabilities at the amounts expected to be paid or collected, in addition to requiring new disclosures concerning the filing.
Chapter 11 filings require the company in bankruptcy to provide additional disclosures and change the reporting of its’ liabilities. Upon emergence from bankruptcy, the company may be required to adopt Fresh Start Accounting, which requires the company to revalue all of its assets and liabilities at fair value, eliminate retained earnings, and provide extensive disclosures around the accounting and valuations used for its emergence.
These concepts are incredibly complex, time-consuming, and require extensive experience. We will help you navigate the accounting landscape and successfully emerge with the appropriate accounting, disclosures, and documentation. Our bankruptcy services include:
- Technical Memo Documentation
- Identifying Intangible Assets And Liabilities
- Valuation Of Assets And Liabilities
- Journal Entry Creation
- Footnote Disclosures
- Push-down Accounting
- Controls Documentation
Mergers and Acquisitions
Mergers and acquisitions are common approaches used by firms to optimize the scope of their services, increase market share, and recognize synergies through increased scale. Integrating the operations of existing firms requires an analysis of multiple aspects of each company.
Our specialties include performing an assessment of existing processes and systems and melding them into a single, unified process. We can also collaborate with the management team to implement the recommended changes through the redesign of process and workflow, data migration, redesign of existing systems, implementation of new controls, and employee training. For public companies, we specialize in business combination accounting and push-down accounting.
Our services encompass the following:
- Valuation
- Enterprise
- Individual assets and liabilities
- Generation of entries
- Development of footnotes for disclosure
- Memo writing
- SOX controls
- Identification of intangibles
- Valuation methods
WHAT OUR TEAM OFFERS
H4D Consulting boasts decades of expertise in project management, with a strong focus on research, documentation, and implementing new project management methodologies.
Our comprehensive project management services encompass developing and overseeing new and existing project management policies, facilitating efficient internal management, and meeting the rigorous standards required for external audits.
