Case Study – CFO in action

Case Study - CFO in action One would think that in a modern-day company with strict approval processes would never face direct deceptions and fraud only from hackers in the action movies.  However, based on real life experiences multinational companies in certain industries could be a target of organized crime...

Case Study – Office interactions in the shadow of COVID

Case Study - Office interactions in the shadow of COVID Interim managers are facing many different challenges through the course of their work. One of the biggest amongst them is that clients expect an almost immediate result as soon as an assignment starts.   The restrictions and economic impacts caused by...

Case Study – Team-building

Case Study - Team-building Setting up the finance department in a Hungarian factory unit owned by US group. A US owned medical technology company entrusted the MB Advisory Office with the task of rebuilding a whole financial department dealing mainly with accountancy and taxation. The company needed to find and...

Case Study – Reconciliation

Case Study - Reconciliation Supporting Irish owned group in developing foreign and domestic (HU) BSC SOX controls The company owner decided to develop a „reconciliation” system as part of their SOX control in their newly formed Business Service Centers. Standardization had to be done in all separate BSCs where balance...

Case Study – Liquidation

Case Study - Liquidation Managing the liquidation of Swiss owned group’s Hungarian entities The owner of a prestigious company - working in construction - decided to close its operations in Hungary. This process began with liquidating two of their inactive companies. One member of the MB Advisory Office team became...

Case Study – SSC

Case Study - SSC Supporting Swiss owned group in founding SSC abroad In the first round, two countries were involved from the CEE region, where MB Advisory Office helped to found 12 pilot companies. The main tasks and challenges were: cultural and language barriersmigration of different bookkeeping systemssynchronizing different administration...

Case Study – Cross-border merge

Case Study - Cross-border merge Managing the cross-border merge of Swiss owned group The owner of a prestigious company - working in construction - decided to close its operations in Hungary. As the company had long-term liabilities and did not want to maintain an office in Hungary, the owner decided...

The importance of tax strategies

The importance of tax strategies Tax fees are accounting for a huge part of every company’s costs. Therefore, having a clear and thorough tax strategy is a critical factor behind the long term survival and success of any business. Tax regulations and articles can be characterised as an ever-changing domain,...

Business Advising – A road towards reaching a company’s potential

Business Advising - A road towards reaching a company’s potential Business advising is a useful service for any company which would like to significantly enhance its competitiveness in any area. From a more concrete point of view, it can mean several types of professional assistance in various business fields. Business...