Financial Reporting Services -
Financial Control Services

Financial reporting services help businesses understand their financial health. These CFO services ensure compliance with financial reporting standards. Accurate reports allow businesses to make informed decisions and plan for the future. Financial control services help businesses manage their finances effectively and efficiently. Hundred MS provides reliable services that help businesses stay on track and grow. 

Cost Efficiency

What is Financial Reporting?

The financial reporting process involves preparing financial statements to show a company’s performance. It helps businesses understand their finances and make informed decisions. Financial reporting meaning involves creating accurate records of income, expenses, and cash flow. This process ensures that businesses follow the rules and regulations set by financial authorities. Understanding financial reporting is key for companies to plan for the future and identify areas for improvement.

Benefits of Օutsource Financial Reporting Services

Outsourcing financial reporting services offers numerous advantages for businesses seeking efficiency and expertise.

  • Outsource financial reporting services to save time and focus on core business tasks.
  • Expert teams can use a personal financial report template to create accurate reports.
  • Outsourcing helps companies stay updated with financial regulations and reporting standards.
  • Companies can reduce costs by using external experts instead of hiring in-house staff.
    Businesses gain access to the latest tools and technology for efficient financial reporting.

Financial Control Services

Financial control services help businesses manage their finances effectively. They ensure accurate financial reporting and compliance with standards. These services help businesses monitor expenses, manage budgets, and improve profitability.

An outsourced financial controller service provides expert assistance without the cost of a full-time hire. Understanding what is financial control is essential for making informed business decisions.

What We Offer

Financial Reporting

Our financial reporting services encompass the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements. We ensure that your financial reports are accurate, reliable, and in compliance with accounting standards. By providing clear and concise financial information, we enable you to make informed decisions and communicate effectively with stakeholders.

Financial Controls

Effective financial controls are crucial for safeguarding your assets, preventing fraud, and ensuring compliance with regulatory requirements. Our team will assess your existing control environment, identify gaps, and implement robust control measures to mitigate risks. We will also provide ongoing monitoring and evaluation to ensure the effectiveness of your financial controls.

Forecasting and Budgeting

Accurate forecasting and budgeting are essential for effective financial planning and resource allocation. Our experts will help you develop comprehensive financial forecasts and budgets based on historical data, market trends, and industry benchmarks. By providing you with reliable projections, we enable you to make informed decisions and optimize your financial resources.

Royalties Accounting

If your business generates revenue from intellectual property, managing royalties accounting can be complex. Our experts specialize in royalties accounting and can help you accurately track, calculate, and report royalties income. We ensure compliance with royalty agreements, provide detailed royalty statements, and assist in maximizing your intellectual property's earning potential.

Why Choose Hundred MS for Financial Reporting and Control?

At Hundred MS, we understand the critical role that financial reporting and control play in your business’s success. Here’s why you should choose us as your trusted partner:

Expertise

Our team consists of highly skilled professionals with extensive experience in financial reporting, controls, and compliance. We stay updated with the latest accounting standards and regulations to ensure accuracy and compliance.

Tailored Solutions

Every business is unique. That's why we offer customized solutions that align with your specific reporting and control requirements.

Technology-driven Approach

We leverage advanced financial software and tools to streamline your reporting and control processes. Our technology-driven approach ensures efficiency, accuracy, and real-time access to financial data.

Data Security

We prioritize the security and confidentiality of your financial information

Client-Centric Approach

We are committed to building long-term partnerships with our clients, mening that we prioritize your needs, provide proactive support, and deliver exceptional service at every step.

Take Control of Your Financial Reporting and Control

Don’t let inefficient financial reporting and weak controls hold your business back. Contact Hundred MS today to learn more about our Financial Reporting and Control services. Let us empower your business with accurate reporting, effective controls, and strategic forecasting. Together, we can drive your business towards financial excellence and success.


FAQs for Financial Reporting And Control

What is the role of financial control and reporting?

Financial control and reporting ensure accurate financial data and compliance with laws. They help businesses make informed decisions by providing a clear view of finances. Effective control and reporting systems help detect and prevent errors or fraud. They also ensure that all financial transactions are properly documented and reported.

How does society benefit from the financial reporting process?

The financial reporting process improves transparency in businesses and builds trust with investors. It helps governments ensure businesses pay taxes and comply with regulations. Accurate financial reporting supports a stable and trustworthy economic environment. It also allows society to understand how companies impact the economy and environment.

How to read a financial report?

Start by looking at the balance sheet to see assets and liabilities. Check the income statement to understand revenue, expenses, and profit. Review the cash flow statement to see how money moves in and out. Look for notes that explain complex financial details and any unusual numbers.

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Address

7901 4th St N, St. Petersburg, FL 33702, USA

Phone number

+1 727 625 4373

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Company

Narek Abgaryan
Narek is the CEO and co-founder of Hundred MS. With a dynamic career that spans investment firms, asset management, risk management, and corporate finance, Narek has demonstrated a profound ability to navigate and innovate within the financial sector. His work across various countries and in diverse financial domains reflects a global perspective and an adaptable, forward-thinking approach. He Brings a wealth of knowledge and experience from the worlds of finance and technology. As a distinguished graduate of the University of Oxford and Hult International Business School, Narek has earned a reputation for excellence in the financial domain. His credentials, including the esteemed CFA and FRM certifications, are a testament to his deep understanding and expertise.
CFA, FRM
Narek Abgaryan
CFA, FRM, Fund Manager & CEO
Narek is the CEO of Hundred CJSC. Before embarking upon this position, he accumulated 7+ years of multinational experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities, thereby boosting Armenia’s economic development.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Objectives
In "Hundred" CJSC, we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the domestic market, pursuing the long-term ambitious goal of integration into regional and global financial markets.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Are You Ready to Transform Your Businesses’ Financial Landscape?
Are You Ready to Transform Your Businesses’ Financial Landscape?
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Levon Garibyan
Levon, the co-founder and Business Development Director of Hundred MS, brings over a decade of international experience to his role. His career spans managing private firms with diverse business profiles across the UK, UAE, and Russian Federation. Levon has not only excelled in steering these companies towards growth but has also specialized in business development strategy and fundraising. His expertise in these areas has significantly contributed to the expansion and success of these firms. Levon's academic background is equally impressive, having studied at Cranfield University School of Management and Moscow State University of International Affairs (MGIMO), where he honed his skills in business management and international affairs.
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
Business Development, Strategy & Fundraising
David Tarkhanyan
David is the co-founder of Hundred MS and the CEO of Hundred MS GmbH. His track record in delivering innovative financial solutions and driving performance improvement initiatives showcases his ability to lead complex projects and navigate the intricate world of finance. David's breadth of experience has equipped him with the unique ability to understand and address the multifaceted challenges businesses face today. His exceptional qualifications, marked by the CFA and FRM certifications, reflect his deep commitment to financial mastery and strategic insight. David's career is characterized by a wide-ranging experience in investment banking, performance management, controlling, and reporting, among other critical financial domains.
David Tarkhanyan
David Tarkhanyan
David Tarkhanyan
Financial Controlling Investment Banking
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.