Agribusiness
The agricultural sector occupies a special place in Russia's economy. It is no secret that any company involved in this sector is constantly faced with all sorts of problems.
Among them are:
- climatic and economic changes;
- the volatility of commodity prices;
- changes due to government reforms and legislation;
- numerous technical and trade regulations;
- environmental challenges and many others.
In this context, the agricultural sector needs experienced advisers to help farmers make the most of available opportunities and overcome current challenges. At Mainstay, with over 30 years' experience in the agricultural sector, we understand the complexities and intricacies of working in the agricultural sector and believe we can and should help. Our team of agricultural group professionals work with clients at all stages of their development. We build long-term relationships, because we believe that only full immersion and understanding of the specifics of each business allows us to provide the head of the company with the real help he needs. This gives our clients the confidence that we have an unrivalled depth of knowledge of agribusiness issues.
Understanding the need and importance of our specialists' physical presence we visit clients' premises to get a true picture of the practice, as well as to get acquainted with the nuances of the business, to perform diagnostics in order to provide substantiated recommendations. The primary objective is to minimize risk and reduce costs in the primary manufacturing sector. In these matters, our experts lead the way in terms of breadth of knowledge and experience.
Mainstay's experienced consultants are equipped to meet the financial, tax and advisory needs of all types of farms, from small family farms to large vertically integrated agricultural holdings, from growing and production to processing and marketing agricultural products. We have experience in a number of projects for entities involved in the agricultural sector, including the US Agricultural Investment Fund and several UN projects in the area, including the Second Agricultural Sector Development and Credit Project.
Our extensive agricultural experience extends to the following subjects of the industry:
- cattle breeding;
- poultry farming;
- livestock breeding;
- grain farming;
- crop production;
- production of milk and dairy products;
- wine-growing.
Our services within the agribusiness sector include:
Accounting and auditing
- audit of IFRS and RAS financial statements for agricultural companies;
- quarterly reviews and semi-annual audits of agricultural companies;
- conversion of financial statements prepared under national accounting standards to IFRS;
- accounting for agricultural holdings;
- budgeting and cash flow management;
- preparation of reports.
Tax consulting and audit
- tax accounting for agrocompanies;
- audit for compliance with federal and regional laws on taxation;
- structuring of activities and tax planning;
- tax audit;
- transfer pricing;
- tax litigation;
- legal consulting;
- tax consulting.
Strategic consulting
- transaction support and structuring for agricompanies;
- expenditure management;
- business process diagnostics;
- assessment of quality and safety of produced food products;
- optimization of warehousing and purchasing functions;
- cost optimization;
- market analysis and marketing research;
- strategic planning and formulation of development strategies, changes in ownership;
- advising on government support, subsidies and grants;
- preparation of documents for obtaining quotas;
- optimization of supply chains and logistics networks;
- agriholding management and performance optimization with a view to increasing profits;
- legal and corporate support of agricompanies;
- attraction of investments;
- assessment of the economic efficiency of agricultural projects.