Tax consultancy

The most important professional services in this section are the following:

01.

Customer registration

Register customers with the General Authority for Income.

02.

Creating financial systems

Preparation of financial systems for customers and their approval of tax regulations issued by the General Authority for  Income.

03.

Preparation of returns and income tax

Prepare returns, income tax, withholding tax and VAT for our clients in accordance with the regulations and submit them in the lists program.

04.

tax certificates

Assist our clients by issuing and tax certificates.

05.

Respond to inquiries

Assist our clients in answering the General Authority of Income inquiries.

06.

Review tax assessments

Review tax assessments for clients issued by the General Authority for Income.

07.

Clients representation

Representing clients in the procedures of objection and appeal on tax assessments submitted by the General Authority for Income Tax.

08.

Training and development

Training and development of awareness and knowledge in the field of tax systems for our customers and provide them with new regulations related to the tax systems and study the impact on them.

Bankruptcy works

01.

Guarantee of creditors’ rights

Our bankruptcy works shall be carried out by our company in accordance with the requirements of the Law and the relevant regulations and laws in a manner that guarantees the rights of creditors.

02.

Financial reorganization procedure

Conduct financial reorganization to supervise the debtor in its management of the activity, in a manner that preserves the interests of creditors and ensures that the action plan is applied to achieve the objectives of the parties

03.

Direct management of the activity

In some cases, he is in charge of direct management of the activity, with the debtor completely in charge of selling, purchasing, marketing, contracting, termination of contracts, etc.

04.

Liquidation procedures and inventory of assets

Liquidation procedures, inventory and sale of assets as maximized as possible.

Auditing services

Section conducts business in accordance to international standards for auditing, examination, assurance, other services and related services approved by the Saudi Organization for Certified Public Accountants in Saudi Arabia,

01.

Planning

Planning the review process.

02.

Understanding

Understand the environment of the organization and assess the risks surrounding it.

03.

Internal control tests

Internal control system tests and reassessment of control risks.

04.

Stages

The stage of examination and audit.

05.

Implementation services

Internal audit implementation services

06.

Reporting phase

Examine assertions and perform agreed actions

In the event that our clients wish to carry out certain procedures, we examine these tasks after determining the scope and purpose of these procedures and the users benefiting from our report because they are responsible for the adequacy of these procedures in accordance with the standards issued by the Saudi Organization for Certified Public Accountants

 

We are commissioned by some clients to carry out internal audits of their facilities.

01.

Qualified and experienced staff

Secondment of qualified and experienced staff to work under the supervision of institutions and companies to assist them in the implementation of internal audit (Co-sourcing).

02.

Qualified and experienced teams.

Carry out the entire internal audit work through qualified and experienced teams.

03.

Establishment, establishment and development

Establish, establish and develop internal audit units.

04.

Annual Review

Risk assessment and preparation of annual audit plan

05.

Implementation services

Internal audit implementation services

06.

Performance Review

Review the performance of internal audit units

07.

Consulting

Corporate Governance Consulting

08.

Financial and administrative regulations

Consultation to prepare policies, procedures and financial and administrative regulations

09.

Training programs and workshops

Provide training programs and workshops related to the subject matter in the advisory services

First Blog

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries,

Read More

Services of converting corporate accounting to international standards

01.

Corporate help

Assist companies in selecting the appropriate version for their activities.

02.

Classification of assets

Classification of assets and liabilities to current or non-current.

03.

Ensure the validity of critical

Ensure the validity of critical accounting estimates, assumptions and assumptions.

04.

Measurement

Measurement of assets and liabilities at fair value is the price that would be received to sell an asset or paid when a liability was transferred under a systematic transaction between market participants at the measurement date.

05.

financial statements

Assess whether there is an indication of impairment at the date of the financial statements.

06.

international standards

Assist the company using inventory valuation methods that are appropriate to the nature of its business and acceptable in accordance with international standards, and address differences, if any, in case the company uses other methods that are unacceptable.

07.

measuring investment properties

Ensure that the company is properly measuring investment properties, and discuss management to choose the measurement either for the purpose of measurement and reflected in the accounting books of the company or disclosed. And the discussion on the proposed independent valuer to do so.

08.

Ensure that Zakat and tax charges

Ensure that Zakat and tax charges are properly recorded as income or expenses and presented in an acceptable manner in accordance with international standards 

09.

defined benefit

Ensure that the Company calculates the defined benefit obligation periodically by independent actuaries using the projected unit credit method.

10.

calculates the costs

Ensure that the Company calculates the costs of defined benefit obligations on an annual basis using actuarially defined retirement costs at the end of the financial year and ensures that gains and losses on remeasurement arising from changes in actuarial assumptions are recognized during the period in which they occur in acceptable terms.

Liquidation of companies

We work in the liquidation of companies and establishments in line with the provisions of the regulations concerned, and the most important work we do when liquidation companies.

01.

Debt fulfillment

fulfillment of the debts of the Company

02.

Selling the company’s money

The sale of the company’s share capital or property by public auction or in any other manner unless the liquidation document specifies that the sale is made in a certain manner

03.

Company representation

Representing the company before the judiciary and accepting conciliation and arbitration.

Accounting and auditing

Sed facilisis lorem in orci bibendum ullamcorper. Mauris vitae augue elementum, sodales nulla a, semper ligula. Nullam vel enim risus. Integer rhoncus hendrerit sem egestas porttitor. Integer et mi sed dolor eleifend pretium quis ut velit. Nam sit amet arcu feugiat, consequat orci at, ultrices magna

Read More

Judicial accounting services

Judicial accounting is a business of a special nature that is mandated by the judicial authorities

01.

Accounting opinion in disputes

Providing accounting opinion in commercial and financial disputes that require specialized entities to achieve impartial professional results

02.

Special professional care

Because this process involves judicial assignment, special professional attention and the expansion of the sample size, the sample size may reach 100% for many items.

03.

Accounting experience between the parties to the dispute

Our work in judicial accounting is carried out using audit methods and techniques whenever possible and appropriate in an objective and reliable way to enable us to express our priestly opinion about our work done by the judicial authorities and in order to achieve the objective of commissioning the accounting expertise between the parties to the dispute.

Judicial guardianship

We are commissioned by some clients to carry out internal audits of their facilities. Until this activity is carried out, the following steps are taken together or parts thereof as per the client’s wish as follows:

01.

Judicial guarding

It is known that the work of the judicial guard is assigned by the judicial authorities, which determine the scope of our business and this is in accordance with the requirements of the relevant laws and regulations.

02.

Under the judicial umbrella

All of our work shall be under the judicial umbrella to help preserve the assets of the establishments and their assets from real estate or movable

03.

Administration

Manage the assets and assets of the establishments from real estate or movable according to what preserves the money and achieves the development of the establishments without encroachment or negligence.

Accounting registration services

The most important services provided in this field are the following points:

01.

Accounting Guide

Design the accounting guide for the establishment.

02.

Supervision

Working and supervising the accounting evidence.

03.

Periodic reports.

Provide periodic accounting reports.

04.

Periodic review

Preparation of periodic review scales.

05.

Budget preparation

Preparation of the budget and financial statements for the agreed financial periods.

06.

Finding financial solutions

Finding the appropriate financial solutions in accordance with the accepted standards and regulations and laws in force in the Kingdom of Saudi Arabia.