A cash flow is a tool that shows the financial resources, incomes, and costs in a future line where we obtain an ample view for decisions. And the following items are raised:

• Financials resources identification 
  • Raising the bills to pay and receive 
  • Raising the bills to pay and to receive overdue 
  • The future investigation, weekly and daily of the entrances and financial inflows and outflows

With the competitive increase in the market nowadays companies need a precification strategy. In our work, we analyze the direct and indirect costs and verify the viability, the market exception, and the financial return. The following items are evaluated: 

• The composition of fixable costs
• The definition of variable costs
• Apportionment of costs
• Determination of the price throughout the examination of the sensibility of the market
• Absorption and cost-effectiveness tests

• Analysis of the physical counting procedures adopted by the company;
  • Tests for counting stocks;
  • Analysis of segregation of inputs and outputs;
  • Preparation of analytical report on the variations found, as well as the failure of criteria by employees.
  • Test of the final balance, as opposed to the balance, informed in Inventory record and Balance Sheet of the company;

Devido a falhas de interpretação da legislação vigente, ou até mesmo, a falta de conhecimento dos assuntos de uma forma geral, muitas empresas são prejudicadas financeiramente por dispêndios de caixa, por não aproveitarem corretamente seus ativos tributários.

Denominamos ativos tributários todo e qualquer crédito obtido de forma administrativa, portanto, líquido e certo, que não foram apropriados pela interpretação incorretas dos assuntos relacionados, bem como, pela falta de conhecimento por parte do corpo administrativo das empresas.

Existe uma imensa linha de oportunidades que podemos desenvolver, para diversos segmentos, que vão desde a indústria à agricultura, sendo que, dentre os mais os ativos mais conhecidos, destacam-se os seguintes:

• PIS e COFINS NÃO – CUMULATIVOS;
  • RESSARCIMENTOS DE IPI;
  • CRÉDITOS ACUMULADOS DO ICMS;
  • CRÉDITOS EXTEMPORÃNEOS DE ICMS;

Therefore, we can develop the following procedures that will help in the correct decision-making:

• Accounting – Critical analysis of statements verifying the existence of possible contingencies arising from non-compliance with the Brazilian standards accounting and income tax legislation;
• Legal – Analysis of all contracts and company licenses, verification of the existence of ongoing processes and obtaining copies of these documents, verification of the existence of financial reserves for these contingencies, verification of any factor that may generate eventual processes, and verification of compliance with the laws of the bodies regulating that sector;
• Tax – Verification of compliance with legal obligations and principle accessory tax following the requirements of existing legislation;
• Labor – Verification of compliance with labor obligations and social security and act accordingly with the requirements of existing legislation;
• Economic – Investigation of the financial and commercial situation of the company that’s a target.

Nacional created a specialized team for Business Evaluation Valuation, with operations in various sectors of the economy and companies of different sizes, using recognized analytical methodologies such as: discounted cash flow method – WACC, market multiples, equity, calculation of the EBITDA, and operational discontinuity. Depending on the purpose of the assessment, we will use the most appropriate methodology for the correct calculation of company value.