Filip Boršik, Director of IB Interbilanz Consulting & Audit – We are a competent and reliable business partner

IB Interbilanz is here for clients to help them in all areas related to finance, accounting, taxes and financial consulting

Our goal is, in cooperation with the management of the companies we represent, to mitigate the initial reduction of their business activities, to stabilize cash flow with measures in the field of finance and taxes and to prepare for the next steps in business optimization.

Filip Boršik, Director of IB Interbilanz Consulting & Audit

Given that in the present situation the Serbian Government introduced a number of legislative situations, tell us please in which area you may support clients in adapting to the new framework?

IB Interbilanz as a business partner and consultant supports companies in strategic planning and implementation of all measures adopted by the Government of the Republic of Serbia. Together with clients, we have established critical points in their business, i.e. those business sectors that will be hit first.

Our goal is, in cooperation with the management of the companies we represent, to mitigate the initial reduction of their business activities, to stabilize cash flow with measures in the field of finance and taxes and to prepare for the next steps in business optimization.

After the implementation of the first crisis measures, we are working with clients on medium- and long-term plans for business stabilization.

Bearing in mind that not all sectors are equally affected by criris, and therefore not all our clients face the same business scenario and the need for Government`s support. The HORECA Sector, and to some extent the entire Real Estate Sector, have suffered the most damage and in my opinion, given the importance of these sectors for the development of the Serbian company, the Government`s measures had to be more concrete in order for them to recover from the crisis as soon as possible. It is positive that we can hear announcements of additional support packages lately, and I use this opportunity to encourage decision makers to make that move.

What would be your suggestion when it comes to implementation of current measures or introduction of new measures which may support transition of companies under new market conditions?

Recommendations we give to clients are reflected in the most rational application of financial support received from the Government of RS, buisness optimization and creation of medium-term and long-term exit plans from the crisis through tax optimization and financial restructuring. These plans are important not only for overcoming the consequences of the current one, but also as a preparation for the next crisis that inevitably occur in cycles, regardless of the source.

The global economy will face a slowdown and that is invevitable, and for that, clients must be ready and react in time. IB Interbilanz is working with its clients to redefine and implement internal measures, budgets and plans for this and next year.

Our support to clients is always aimed at the best possible anticipation of their business, and in times of crisis, the dynamics of circumstances only intensified this cooperation

FInancial consulting

In which areas foreign clients operating in Serbia need your support the most?

When we talk about foreign clients doing business in Serbia, what makes up over 90% of our portfolio, the most important thing for them is that their business is in the line with Serbian legislation. IB Interbilanz can, thanks to the experience of its employees in working with international clients, as their business consultant, provide them with support in accordance with the specific needs of their individual businesses.

As I mentioned before, we are here for clients to help them in all areas related to finance, accounting, taxes and financial consulting.

How is your company dealing with the current situation, and specifically when it comes to retention of the staff?

IB Interbilanz has gone through, and is still going through, a very dynamic period with its clients. Our support to clients is always aimed at the best possible anticipation of their business, and in times of crisis, the dynamics of circumstances only intensified this cooperation.

IB Interbilanz thinks of its employees and it was important for us to understand their individual situations, in order to organize them well for a relatively new type of work, and that is work from home. Our company did not reduce salaries, because there was really no reason for that, and as an incentive to employees for all their efforts and dedicated work, our plan is to reward them for that.

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