We Provide a Comprehensive
Range of Services

to our clients which was previously available only through
large national & international firms.

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Our Philosophy

Is to provide a comprehensive range of services to our clients which was previously available only through large national & international firms, while maintaining the personalized service of a local firms, thus contributing to the success of our clients and achieving our vision and goals for future growth.

Company Brief

LCAF is an auditing and consulting company established in 2006 by it’s principal Lotfy Ahmed Lotfy.
Since its formation as a professional entity, with successful businesses and with the trust of its perceptive clients LCAF turned to general accounting audit firm. For the period up to the year 2015, the company gained the trust of its clientele and built a customer base of 450 clients in a variety of industries .

Over the years, LCAF combined professional expertise with dedication to service; the range of its services expanded, adding general services, management advisory services, establishment services for start-up companies, tax management , general administrative services and financial consultancy.
LCAF supported by Alexandre Herrmann to appoint a senior business specialist, a successful ex- CEO of businesses in Europe and the GCC, and experts with extensive experience in the Egyptian and Middle East markets.

Our Services

Audit & Assurance

Delivers a large number of assurance and auditing services to help companies to ensure the transparency of their financial information. Its professionals are committed to deliver high level, industry-focused audit services.

General Accounting

Offers pro-active Accounting, Bookkeeping and Financial Services. Its experts are dedicated to provide innovative and cost saving process solutions to the clients .

Cost & Cost analysis

Assists organizations to understand the sensitivity and relation between costing & pricing, the proper cost elements, types of costing and how to be implemented in each financial report.

Advisory

Assists organizations at each step of their development to tackle challenges in growth, governance and performance.

Tax management & social insurance

To help local companies align their tax & social insurance strategies to their business, through a variety of compliance and advisory solutions, for all type of taxes: sales tax; income tax, stamp tax, profit tax; tax rebate; add and discount tax; etc.

Establishment

To ensure the peace of mind for all our clients, we handle full establishment processes including All governmental & administrative requirements for:

  • Individual enterprises
  • Individual companies
  • Capital companies
  • Holding companies

Management Advisory Services

RESTRUCTURING

Alexandre Herrmann statement

We, believe that the companies like the individuals are exposed during their journey to diseases, and if these diseases are not diagnosed properly and determined proper solutions, they may cause collapse.

LCAF associates have significant experience, industry knowledge, and technical skills combined with advanced data analytics capabilities to deal with and successfully resolve turnaround situations.

Re-structuring is a corporate act to restore the operational performance, eliminate the financial burden and improve the business. Cutting costs Reducing overheads and improving employee efficiency

  • Restructuring or refinancing debts
  • Selling idle assets
  • Outsourcing of some processes
  • Improving the productivity through re-design of the business processes
  • Improving the management efficiency

BUSINESS PLANS

Alexandre Herrmann statement

To ensure the competitiveness for a certain company during its life time, the implementation of a business plan on a deliberate and modern bases, provides such assurance.

business plan is a decision making tool, addressed to internal or external audience.

It accumulates the knowledge of the different departments, their strategy for the development in short or long term , the historical data for the enterprise and the vision of the Management on the company’s objectives and their achievement.

Understanding the market ,defining sales targets , estimation of the revenue and costs are basic elements for a proper decision making.

FEASIBILITY STUDIES

The Feasibility study is an evaluation of a particular project’s potential for development , success and profit generation. It includes:

  • Historical data for the business.
  • Description of the product or services.
  • Description of the project or the new establishment and data for it’s founders and managers.
  • Market analysis.
  • Analysis of project’s strengths , weaknesses, opportunities and threats in the intended business environment.
  • Evaluation of the time and resources needed for the execution of the project.
  • Financial data , budgets, sales forecast, KPI analysis.

BUDGETS

Alexandre Herrmann statement

Annual budgets are necessary for business control & individual discipline. It is a plan for the activity of the Company for a certain period of time expressed in figures.

Usually prepared for the forthcoming fiscal period , the budget is a fundamental tool for any senior manager to plan the activity , to predict the threats, to ensure the financing and to distribute the tasks.

Budget is essential for every department , giving the manager information not only for his targets and challenges, but also how his work is linked to the other departments.
The Budget serves to :

  • Show the feasibility of the Company’s operation in the targeted period
  • Distribute the targets and accountability on the departments
  • Plan the resources
  • Control costs
  • Predict the effect of expected events
  • Motivate the managers to achieve the targets

BUSINESS WRITING

Alexandre Herrmann statement

Managing people is more difficult practice than managing policies, as the employee’s community holding many variances: Social levels, Education levels, Skills, Accumulated experiences, and Cultural backgrounds Accordingly, Clear, simple statements of how the organization will conduct its services, actions or business are stipulated in the Company’s Policies. They provide a set of guiding principles to help the employees and managers to act within pre-defined frames. They reflect the values, approaches and commitments of a specific organization and its culture.

The Procedures describe how the Policies will be implemented in the daily operation, who will do what, which steps to follow, what documents to use. Policies and procedures should be written, implemented and maintained for all departments: Financial & Accounting, HR & training, Sales & distribution, Marketing, Production, Operations, IT, … etc.

During the process of these business writing, indexing should be introduced and proper archiving system for such policies, in addition the necessity for all concerned personnel to review and understand the contents to ensure the implementation. In case of any change or deletion to part of any policy a proper written procedure should take place.

SALES FORECASTING & COSTING

Sales forecasting

In All commercial companies the Sales departments are considered one of the most important departments where the main revenue comes through the efforts of their employees. The sales forecast is an estimation of the achievable revenue for the particular period , based on the historical data of the company, market analysis, product position and sales person’s personal evaluation.

Costing

Accurate data presented and proper costing calculations & presentations are the key for proper decision. the sensitivity and the close relation between the pricing and the costing particularly in a very competitive market situations are essential for the managers to:

  • Identify and eliminate unprofitable products
  • Adjust the prices of products in demand
  • Identify and eliminate ineffective production and replace it with more effective

SALES & SALES MANAGEMENT BY OBJECTIVES - TRAINING

Managers are keen to keep their sales teams motivated, on track and producing the results that are needed.. Training programs are designed to help sales people understanding the prospects, building relationships, negotiating, concluding deals and retaining the customers.

Our programs transform managers into leaders, with proven tools and methods for maximizing sales force effectiveness, elevating the potential of every team member and creating an environment for success.

We provide this type of training as we believe Sales by objectives and Sales Management by objectives is the only way for any business development.

HR SUPPORT & RECRUITING SERVICES

We offer a tailor made service to meet the needs of your business encompassing a full range of human resource services including the sourcing, recruitment and induction of staff, payroll and human resource management.

This service we are providing during our assessments in restructuring, business plans, budget process, while building the visibility studies or according to client’s request.

Contact Us

15 Badr Building Zohour El Maadi -Ring road Behind Carrefour El Maadi
info@lcaf-eg.com
(+2) 012 222 09 583
(+2) 02 231 03 942