Management Consulting

Feasibility studies, budgeting, internal controls and business planning for companies making decisions with the full picture in view.

Feasibility Studies, Business Planning and Internal Controls for Cyprus

Management Consulting

Established in 1985 and regulated by ACCA and ICPAC, Iacovou & Co. advises businesses across Cyprus on feasibility, budgeting, internal controls and business planning, drawing on the same numbers our audit and accounting teams already know well.

The internal control gaps we see most often are not fraud related. They are simple segregation of duties issues in growing businesses, where the same person raises a purchase order and approves the payment, because the company outgrew its original process before anyone noticed.

Being proactive means more to us than reporting on the numbers after the fact. A feasibility study is only useful if it is run before a decision is made, not commissioned afterwards to justify one already taken.

Management consulting engagements often lead into larger transactions, and we advise on how to best implement changes to your accounting and business structures as a company grows, restructures or moves toward a merger or acquisition.

What's Included

Our Management Consulting Services Cover

01

Feasibility Studies
Testing whether a proposed venture, product or expansion stacks up financially before money is committed to it.

02

Budgeting & Forecasting
Budgets and financial forecasts built to be used, not filed away, and revisited as circumstances change.

03

Internal Controls
Review of approval processes and segregation of duties, so control gaps get closed before they get exploited.

04

Business Planning

Structured business plans that hold up under scrutiny from lenders, investors or your own board.

05

Mergers & Acquisitions

Strategic input on proposed mergers and acquisitions, feeding into the wider deal process.

06

Due Diligence Reports

Operational input into due diligence reports, alongside the financial work our advisory team leads.

Businesses Making a Significant Decision

Who We Work With

We work with businesses at a decision point: a proposed expansion, a budget that needs rebuilding, an internal control gap that has been noticed but not addressed, or a structure that needs to change before it can grow further. Most engagements start with a conversation about the decision itself, not a fixed scope of work.

Management Consulting, Answered

FAQ

What does management consulting from Iacovou & Co. include?

Feasibility studies, budgeting and forecasting, internal controls review and business planning, plus mergers, acquisitions and due diligence support for larger transactions.

What is a feasibility study and when do I need one?

A feasibility study tests whether a proposed venture, product or expansion is financially and operationally viable before money is committed to it. We are usually brought in before a significant investment, a new market entry, or a major operational change.

How do you assess internal controls in a growing business?

We review who can raise, approve and pay transactions at each stage of the process, looking for the segregation of duties gaps that commonly appear as a business grows faster than its controls.

Do you work with businesses on mergers and acquisitions too?

Yes. Management consulting engagements often lead into mergers, acquisitions and due diligence work, which we handle alongside our corporate advisory team. Contact us to talk through where things stand.

Talk to Our Consulting Team.

Get Started

Whether it is a feasibility study, a budget rebuild, or a control gap you have already noticed, we would like to hear from you.