b'7Case study: a trusted foreign advisor in a foreign arenaOverseas businesses waiting to establish operations in After helping thejointventurecommenceoperations Australia often face complex challenges as a result of thein Australia we acted as a virtual CFO for the business, unfamiliar business environment. assisting with back office obligations including taxation, Having an experienced team of trusted advisors join yourregistrations, banking and setting up of company books, front line is invaluable in helping your business thrive inpayroll and employee related issues.the Australian market. Without a local expert to guide you,We continued to provide this sort of support until the it is easy to get lost in the compliance and commercialbusiness had grown sufficiently to appoint their own CFO obstacles required to launch your business in Australia. and establish alocalfinanceteam.ESV provided a global construction group with this sort ESV provides ongoing business and strategic advice of guidance when called upon to assist in establishing aas the business expands its operations in Australia. joint venture in Australia. We acted as a strategic soundingWe assist with the day-to-day accounting functions, board for the business, helping them to understand theincluding monthly management accounts, annual tax and commercial issues involved in setting up a joint venture. accounting compliance obligations and assistance with We were able to mitigate such risks for the business bytheir audit requirements.providing an intermediate to help manage the relationshipMore than just compliance, we act as a trusted advisorwith the joint venture partner and to promptly deal withsomeone the business can call on to help solve a range of any issues arising from the partnership. complex business problems.'