Providing sufficient energy sources such as oil, gas, coal, electricity and alternative fuels is a global problem that managers, governments and consumers have to deal with.
Smart Balance serves companies in this field and offers auditing, accounting, financial and consulting services. These companies often face harsh demands imposed by shareholders, including governments. Other challenges include fluctuating commodity prices and currency differences, tax optimization, efficiency, as well as the health and safety of employees and society at large. Cost management, increased profitability, risk analysis are mandatory in light of the variability of this global industry.
The gas and oil industry not only requires large, upfront capital requirements, but also faces the challenges of particularly complex regulatory and tax standards. These issues are further complicated by the uncertainty that the future may have – new environmental regulations, for example.