We work with companies in Tashkent and across Uzbekistan.
We implement management accounting for your business
We set up accounting and reporting so owners can understand profit, cash movements, and company liabilities. After implementation, we maintain the accounts and prepare regular reports with analysis.
The first online consultation is free. We discuss your needs and the next step. Further work is priced separately.
Service terms
Pricing is agreed individually based on your company’s needs, transaction volume, and scope of work.
Implementation is included in the service fee and takes the first three months. We provide the first analytical report in month three.
What the work includes ↓When we can help
We work with business owners and managers in Uzbekistan. Our main focus is companies with annual revenue above UZS 10 billion and teams of more than five people. We will discuss the right scope with you.
- Revenue is growing, but the owner finds it hard to explain the financial result.
- Cash, expense, and debt data is spread across different spreadsheets and systems.
- Reports arrive irregularly or require manual compilation.
- The business leader lacks consistent financial data for decisions.
What the business leader receives
- 01Profit and loss statement
- Which income and expenses make up the financial result.
- 02Cash flow statement
- Where money comes from and how it is spent.
- 03Management balance sheet
- The assets and liabilities of the business.
- 04Results analysis
- What changed during the period and what needs the business leader’s attention.
How financial results appear in a report
An analytical report example: comparison with the previous month, an explanation of profit movements, risk signals, budget versus actual, and annual trends. All data is illustrative.
- How do revenue and cost of sales compare?
- Which expenses affect the result?
- What should be checked before a management decision?
Illustrative year · December vs November · all amounts in million UZS
- Revenue
- 400+40 million · +11.1% vs November
- Operating profit
- 80−10 million · −11.1% vs November
- Operating margin
- 20%−5 percentage points vs November
| Metric | November | December | Difference |
|---|---|---|---|
| Revenue | 360 | 400 | +40+11.1% |
| Cost of sales | 210 | 240 | +30+14.3% |
| Gross profit | 150 | 160 | +10+6.7% |
| Operating expenses | 60 | 80 | +20+33.3% |
| Operating profit | 90 | 80 | −10−11.1% |
What this means for the business leader
- How do revenue and cost of sales compare?
- Revenue rose by 11.1%, while cost of sales rose by 14.3%. Its share of revenue increased from 58.3% to 60%. Gross margin fell from 41.7% to 40%: each sum of revenue now leaves less gross profit.
- Which expenses affect the result?
- Gross profit rose by 10 million, but operating expenses increased by 20 million (+33.3%): payroll +10, marketing +6, and rent and other expenses +4 million. As a result, operating profit fell by 10 million.
- What should be checked before a management decision?
- Check which products or projects drove the increase in cost of sales, whether expenses include one-off charges, and whether revenue and costs are recognised in matching periods. Compare profitability by business area and the reasons for budget variances. The report shows changes but does not prove their causes.
Budget versus actual · December
Budgeting and budget-to-actual analysis form part of the agreed scope of financial support.
Million UZS · shared scale from 0 to 500
Revenue is 20 million below budget, and operating profit is 20 million below budget. Cost of sales is 4 million below budget, while operating expenses are 4 million above budget.
Annual trend
Illustrative year · million UZS · monthly figures
- Revenue
- Operating profit
Scroll the chart horizontally to see all months.
December has the highest revenue of the illustrative year, but operating profit is lower than in November. Sales growth calls for a profitability review.
Monthly chart data
| Month | Revenue | Operating profit |
|---|---|---|
| Jan | 260 | 55 |
| Feb | 275 | 60 |
| Mar | 285 | 65 |
| Apr | 300 | 68 |
| May | 310 | 73 |
| Jun | 320 | 77 |
| Jul | 330 | 82 |
| Aug | 340 | 87 |
| Sep | 350 | 90 |
| Oct | 355 | 89 |
| Nov | 360 | 90 |
| Dec | 400 | 80 |
Operating profit = revenue − cost of sales − operating expenses. This is not net profit: interest, taxes, and other items outside this example are excluded. The conclusions apply only to the illustrative data.
Implementation during the first three months
The first three months are dedicated to implementation: we agree accounting rules, connect data sources, and set up reports and financial processes. We provide the first analytical report in month three. The agreed recurring processes start after implementation is complete.
An implementation report confirms completion.
Discuss implementation →Service terms
- Implementation is included in the service fee.
- Payment is monthly, 100% in advance, starting from the first month of service.
- Statutory and tax accounting is an area of ongoing support. Its scope and fees are agreed separately.
The experience of our team members
We work directly with the owner and business leader. We agree accounting rules and reporting requirements, explain the figures, and carry out recurring finance work.
15+ years
Experience of our specialists in finance and management consulting.
50+ projects
Delivered by the specialists on our team.
Team-based delivery
We share responsibilities across the team to maintain continuity when an individual specialist is unavailable.
Work and terms at a glance
What does ongoing support include?
Profit and loss statement: Which income and expenses make up the financial result. Cash flow statement: Where money comes from and how it is spent. Management balance sheet: The assets and liabilities of the business. Results analysis: What changed during the period and what needs the business leader’s attention.
How much does the service cost?
Pricing is agreed individually based on your company’s needs, transaction volume, and scope of work.
When will I receive the first analytical report?
Implementation is included in the service fee and takes the first three months. We provide the first analytical report in month three. An implementation report confirms completion.
How does payment work?
Payment is monthly, 100% in advance, starting from the first month of service.
How is statutory and tax accounting agreed?
Statutory and tax accounting is an area of ongoing support. Its scope and fees are agreed separately.