Career Requirements for Financial Advisor, What Does a Financial Advisor Do?

A common problem in enterprises at present.

Corporate accounting is not professional enough.

The boss doesn't understand finance and taxation and doesn't pay attention to it.

Nearly 99% of enterprises have financial and tax problems! Check for accuracy!

Once the tax problem is found out, it will be fined, rectified or sentenced to jail!

Once financial problems erupt, increasing costs will affect profits and drag down operations!

For individuals or enterprises, Lichen Consulting can reduce financial risks, reduce taxes, standardize finances, and help enterprises solve problems.

Financial advisors mainly deal with: solving accounting standards, financial systems, execution tracking, cost control, accounting guidance, financial and tax management processes, accounting and tax review, financial and tax risk investigations, such as:

1. Quarterly and annual financial statements and tax statements for compliance review, and provide accounting treatment and data accounting advice document reports;

b. Quarterly and annual tax practice review and tax risk detection, and provide tax saving guidance and risk avoidance document reports;

c.One-on-one expert on-the-fly solution guidance for personal or business problems.

Financial advisers can be divided into the following according to the different service objects of the financial adviser

Corporate Finance Advisory: Tax & Financial Planning & Management Consulting. The specific scope of responsibilities is subject to the requirements of the enterprise, and the corresponding services are provided within the scope permitted by law.

Private Financial Advisors: Family financial planning and management consulting. Includes personal and family asset and liability planning, covering the following:

According to the calculation of personal or family income and expenditure, according to the customer's risk preference, to provide financial advice with legal tax saving, asset preservation and appreciation as the planning goals, the common ones are insurance plan planning, financial assets and other quick movable assets and immovable assets and other portfolio investment plans (refer to the content of corporate financial advisors for enterprise investment). The specific scope of responsibilities shall be subject to the service contract signed by both parties, and the corresponding services shall be provided within the scope permitted by law.

The job responsibilities of the financial adviser are: 1. Conduct due diligence on the relevant circumstances of the acquirer; 2. Fully verify and verify whether the acquirer complies with the provisions of these Measures and the authenticity, accuracy and completeness of the content of the application documents, and express professional opinions on the acquisition matters objectively and fairly; 3. Accept the entrustment of the acquirer, submit the application materials to the China Securities Regulatory Commission, and organize and coordinate the acquirer and other professional institutions to reply according to the review opinions of the China Securities Regulatory Commission. ”

Financial advisor refers to a financial intermediary that can formulate financial operations, financial allocation and investment management according to the needs of customers.

1. Help enterprises establish a complete accounting system, help understand tax laws and regulations, choose tax policies according to the specific situation of enterprises, and use them reasonably.

2. Improve corporate finance and tax-related practices, and pay attention to tax-related accounting treatment.

3. Convey the latest tax trends, the application and handling of various preferential tax policies, external tax inspection and statistical inspection, etc.

4. Financial and tax consultants refer to professional investment management companies that provide enterprises with overall listing plan design, asset restructuring and restructuring plan formulation, financial planning and tax planning, capital operation planning, etc. in investment consulting services.

Financial advisors refer to professionals with professional financial knowledge to provide customers with investment and financial advisory and planning services. The job responsibilities and services of financial advisors vary from company to company and industry to industry. Financial advisors should be diligent and conscientious, and abide by industry norms and professional ethics.

According to the relevant provisions, the acquirer shall engage a professional institution registered in China with the qualification to engage in financial advisory business as a financial adviser in the acquisition of a listed company.

1. The role of financial advisers

If the acquirer fails to hire a financial adviser in accordance with the regulations, it shall not acquire the listed company. Financial advisers should maintain their independence and ensure the authenticity, accuracy and completeness of the documents they produce and issue. If the financial adviser believes that the acquirer is using the acquisition of the listed company to harm the legitimate rights and interests of the acquired company and its shareholders, it shall refuse to provide financial advisory services to the acquirer.

In order to perform its duties, the financial adviser may engage other professional institutions to assist it in verifying the acquirer, but shall make independent judgments on the information provided and disclosed by the acquirer.

2. Responsibilities of financial advisers

According to the Administrative Measures for Takeovers, financial advisers shall perform the following duties:

1.Conduct due diligence on the relevant circumstances of the acquirer;

2.Provide professional services to the acquirer at the request of the acquirer, comprehensively assess the financial and operating conditions of the acquired company, help the acquirer analyze the legal, financial and operational risks involved in the acquisition, put forward countermeasures and suggestions on the acquisition**, acquisition method, payment arrangements and other matters involved in the acquisition plan, and guide the acquirer to prepare the declaration documents in accordance with the prescribed content and format;

3.Counsel the acquirer on the standardized operation of the market, so that the directors, supervisors and senior management of the acquirer are familiar with the relevant laws, administrative regulations and the regulations of the China Securities Regulatory Commission, fully understand their obligations and responsibilities, and urge them to perform their reports, announcements and other statutory obligations in accordance with the law;

4.Fully verify and verify whether the acquirer complies with the provisions of these Measures and the authenticity, accuracy and completeness of the content of the application documents, and express professional opinions on the acquisition matters objectively and fairly;

5.Accept the entrustment of the acquirer, submit the application materials to the China Securities Regulatory Commission, and organize and coordinate the response of the acquirer and other professional institutions according to the review opinions of the China Securities Regulatory Commission;

6.Sign an agreement with the acquirer, and within 12 months after the completion of the acquisition, continue to supervise the acquirer to comply with laws, administrative regulations, regulations of the China Securities Regulatory Commission, the rules of the first exchange, and the articles of association of the listed company, exercise the rights of shareholders in accordance with the law, and earnestly fulfill the commitments or relevant agreements.

The business of a financial advisor

Financial advisory business refers to the financial planning and program design of professional financial consulting companies according to the customer's own needs, standing in the customer's perspective, using the company's products and services and other social resources to carry out financial planning and program design for the customer's daily operation and management, financial management and foreign capital operation and other economic activities. According to the scope of financial advisory services and service methods agreed by both parties, the company acts as the financial advisor of the enterprise and directly provides daily consulting services and special advisory services for the enterprise.

The specific work of a financial advisor

The work of a financial advisor mainly includes the following:

1. Due diligence and write Party A's feasibility report on share reform;

2. Formulate the equity structure of Party A and the establishment plan of the joint-stock company;

3. Formulate Party A's financial adjustment plan;

4. Assist in the selection of intermediaries such as audit, evaluation, and lawyers, and complete the audit, evaluation and legal reporting that meet the requirements;

5. Assist in selecting sponsors (counseling brokers) and provide pre-IPO financial advisory services.

How to choose a financial advisor.

Conditions for choosing a suitable financial adviser in the process of enterprise share reform and listing:

1. Familiar with the characteristics of domestic and foreign capital markets, listing rules and specific details of each link;

2. Have the professional ability to conduct due diligence, be good at exploring the potential advantages of the enterprise, and be able to put forward the overall plan of share reform and listing that meets the basic requirements of the international and domestic capital markets.

3. Have sufficient business network and collaboration relationship, and can choose the right one according to the characteristics and requirements of the enterprise'intermediaries – sponsors, underwriters, lawyers, accountants, etc.;

4. Provide long-term consulting services rather than just immediate interests, consider the long-term development of the enterprise, grow with the company, provide complete, systematic and long-term strategic planning and corresponding financial advisory services for the future, and be able to provide the analysis of the recent and future development of the enterprise and the corresponding independent opinions;

5. Rich practical experience, can provide a variety of solutions for enterprises when they encounter various difficulties in the process of stock reform and listing.

6. Good performance, reasonable charges, and good reputation among customers.

Give guidance and sort out the work and give instructions to the financial staff.

<> financial advisor's work mainly includes the following aspects:

1. Due diligence and write Party A's feasibility report on share reform;

2. Formulate the equity structure of Party A and the establishment plan of the joint-stock company;

3. Formulate Party A's financial adjustment plan;

4. Assist in the selection of intermediaries such as auditing, evaluation, and lawyers, and complete or ensure that Changcheng meets the requirements of auditing, evaluation and legal reports;

5. Assist in the selection of sponsors and provide pre-IPO financial advisory services.

Cailiang Zen consulting business refers to the consulting, analysis, program design and other services provided by commercial banks for customers' financial management, investment and financing, mergers and acquisitions, asset restructuring and debt restructuring, development strategy and other activities according to the needs of customers, using their own products and services and other social resources.

The work of a financial advisor includes:

1. Provide consulting services for listed companies to improve the corporate governance structure, design managerial options, employee stock ownership plans, investor relations management, etc.

2. Provide consulting services for major investments, mergers and acquisitions, related party transactions and other businesses of listed companies.

3. Provide consulting services for enterprises applying for first-class issuance and listing, restructuring and reorganization, asset restructuring, and pre-counseling.

Financial consultant refers to the professional who carries out financial planning and program design for the customer's daily operation and management, financial management and foreign capital operation and other economic activities according to the customer's own needs, standing in the customer's perspective, using the company's products and services and other social resources.

Financial advisors refer to professionals with professional financial knowledge to provide customers with investment and financial advisory and planning services. According to the customer's own needs, the financial consultant can use the company's products and services and other social resources to carry out financial planning and program design for the customer's daily operation and management, financial management and foreign capital operation and other economic activities. Financial advisors have different job responsibilities and services in different companies and industries, but financial advisors should be diligent and conscientious, abide by industry codes and maintain professional ethics.