Case Studies

Experience across audit, valuations, tax and complex financial matters. Explore selected examples of our work.

Our experience in practice

Every engagement starts with a specific need. These anonymised examples show how HLB CMA SA Inc. supports financial reporting, business decisions and complex financial matters.

05case studies
Business valuation

Business valuation for shareholder succession

The challenge

A privately owned business required a share valuation to support buy-and-sell arrangements, shareholder succession planning and insurance funding decisions.

Our work

HLB CMA SA Inc. prepared a valuation report and supporting financial model for the agreed purposes. The work addressed the value of the ordinary shares, with shareholder loan balances treated separately.

The deliverable

The client received a documented valuation and supporting model for consideration in its shareholder and succession arrangements.

What this demonstrates

Our ability to turn a defined ownership-planning need into a structured valuation engagement, with a clear distinction between share value and other shareholder balances.

Audit & assurance

Group audit and management reporting

The challenge

A business group required completion of its annual audit and communication of matters arising from the engagement to its finance leadership.

Our work

HLB CMA SA Inc. completed the group audit and prepared a consolidated management report.

The deliverable

The management report was delivered to the group’s finance leadership for consideration and follow-up alongside the completed audit.

What this demonstrates

Our experience in group audit engagements and in communicating matters arising from the work through formal management reporting.

Property sector

External audit of a property investment group

The challenge

A property investment group required an external audit of its consolidated and separate annual financial statements.

Our work

HLB CMA SA Inc. performed the external audit and issued its auditor’s report on those financial statements.

The deliverable

The auditor’s report formed part of the group’s published annual financial statements, making the audit opinion available to shareholders and other users.

What this demonstrates

Our experience in auditing a property investment group and reporting formally on consolidated and separate financial statements.

Tax advisory

Tax advice supporting a proposed shareholder exit

The challenge

A proposed shareholder exit required careful consideration of the tax implications of alternative transaction structures before implementation.

Our work

The engagement considered the potential tax treatment of the alternatives, the assumptions underlying the analysis and the supporting information needed before proceeding. A signed written opinion was delivered to the client’s legal advisers.

The deliverable

The opinion documented the analysis and its qualifications for consideration by the client and advisers as they evaluated the proposed arrangement.

What this demonstrates

Our ability to provide transaction-specific tax analysis that helps clients understand the questions, assumptions and information requirements affecting a proposed decision.

Financial administration

Financial administration of a complex private settlement

The challenge

A private dispute required financial records to be reconciled, allocations between the parties to be calculated and payments to be administered.

Our work

HLB CMA SA Inc. prepared the liquidation and distribution account, reconciled assets and liabilities, calculated each party’s allocation and administered the payments. The engagement was delivered by HLB CMA SA Inc. with assistance from MBA Legal, our legal services provider.

The deliverable

The work brought the financial account, allocation calculations and payment administration together in a coordinated process supporting implementation of the settlement.

What this demonstrates

Our ability to carry a complex financial administration assignment from reconciliation and calculation through to payment administration, working with legal service providers where required.

Discuss your requirements with us

Whether you need audit services, a business valuation, transaction-specific tax advice or support with a complex financial matter, we can discuss your requirements and agree an appropriate scope of work.

Client and individual identities have been withheld to protect confidentiality.

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