Providing an independent opinion through an objective examination and verification to assess whether the financial statements are providing a true and fair financial reflection of the Organization, and whether they have been appropriately prepared in accordance with generally accepted accounting standards. Audit engagement will also include assessing the internal control system and providing the Management Letter highlighting weaknesses and Auditors' Recommendations to strengthen the internal control system
A special audit is a type of audit that is conducted to look at a specific set of activities within an organization. It can be initiated internally or externally. For example, a governing body may require to conduct a special audit to investigate any specific client or a specific area. Some examples of Special Audits are: Projects audits, Compensation audits, Control audits, Cost audits, Fraud audits, and Royalty audits.
Compliance audits are checks put in place to ensure that an organisation meets any legal requirements or internal guidelines, such as corporate bylaws, controls and policies. An audit report will cover the strength of compliance preparations, security policies, risk management procedures, and user access controls throughout the audit. Simply put, a compliance audit will determine whether an organisation is working to a basic required standard. The compliance audit report will fill any gaps in compliance while also making recommendations to resolve any potential issues.
Information Systems Audit, or Information Technology Audit, is an examination of the management controls within an Information technology infrastructure and business applications. The evaluation of evidence obtained determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives. These reviews may be performed in conjunction with a financial statement audit, compliance audit, or other type of assurance engagement. Information Systems Audit is to evaluate the system's internal control design and effectiveness. This includes, but is not limited to, efficiency and security protocols, development processes, and IT governance or oversight. Installing controls are necessary but not sufficient to provide adequate security. People responsible for security must consider if the controls are installed as intended, if they are effective, or if any breach in security has occurred and if so, what actions can be done to prevent future breaches. These inquiries must be answered by independent and unbiased observers. These observers are performing the task of information systems auditing. In an Information Systems (IS) environment, an audit is an examination of information systems, their inputs, outputs, and processing.
We are using our knowledge of tax legislation to provide advisory and consultancy services to clients, ensuring that they pay their taxes and zakat in the most efficient way and benefit from any tax or zakat advantages and exemptions. Also, facilitating the process of paying taxes and zakat for people and organizations. We hold expertise in zakat law, tax law, tax compliance, and tax planning. Both individuals and business owners can hire our tax consultants for either long or short-term tax optimization and benefit from compliance to local laws.
Our Advisors help your organization in preparing monthly and quarterly reports, investigating key business drivers for expense variances, providing analytical insight, monitoring and improving the current financial system in place, and reviewing annual and semiannual financial statements. The efficiency in reporting is important for any organization to gain a competitive advantage. Financial reporting and analysis involve the preparation of different kinds of reports and the analysis of the data to determine the financial health of a company. Our financial analysts will thoroughly examine the organization's financial statements "the income statement, balance sheet, and cash flow statement". Financial analysis can be conducted in both corporate finance and investment finance settings. We are using several techniques as part of financial statement analysis which include but not limited to "horizontal analysis, vertical analysis, and ratio analysis".
Our advisors provide a well-designed study which offer a historical background of the business or project, such as a
description of the product or service, accounting statements, details of operations and management, marketing research
and policies, financial data, legal requirements, and tax obligations. Generally, such studies precede technical
development and project implementation.
Types of Feasibility Study
A feasibility analysis evaluates the project’s potential for success; therefore, perceived objectivity is an essential
factor in the credibility of the study for potential investors and lending institutions. There are five types of
feasibility study—separate areas that a feasibility study examines, described below:
1-Technical Feasibility.
2-Economic Feasibility.
3-Legal Feasibility.
4-Operational Feasibility.
5-Scheduling Feasibility.
Our advisors help your organization in preparing and estimating budgets for the different types of projects, and for
either new or ongoing projects. The advisors also provide the financial planning and forecasting for projects budgets
which include "Monthly, Quarterly, and Annually Forecastings".
Generally, the services we are providing include the following:
1-Preparing and estimating projects budgets.
2-Financial Planning and Forecasting.
3-Legal Feasibility.
4-Monthly and/or Periodic Financial Monitoring Reports for Budgets.
5-Assessing the projects' budgets implementation progress and providing the Corrective Recommendations when any weaknesses
have been observed.
Institutional building is social role model, and are representative of a society's awareness and concious involvement in
sustainable initiatives. Hence, integrating sustainable design principles is a way to make a positive impact as well as
set the standard for future projects.
The services we are providing for both Profit and Non-Profit Organizations include the following:
1-Agreements
Memoranda of Understanding.
2-Policies, Manuals
Internal Procedures.
3-Organizational Restructuring
Job Profiling, Job Objectives
Performance Appraisal.
4-ERP Systems Customization,
ERP Systems Assessment.
5-Internal Audit Training,
Compliance Training,
Finance & Admin Training,
Procurement Training,
Logistics Training,
HR Training,
IT Training,
Projects Management Training,
Monitoring & Evaluation Training.
6-Needs Assessment,
Accompanying Monitoring & Evaluation,
Post Monitoring & Evaluation
We have designed a special training program for Non-Profit Organizations in different aspects
Generally, the training program includes the following:
1-Training in Accounting and Finance.
2-Training in Human Resources & Administration.
3-Training in Procurement and Logistics.
4-Training in Projects Management.
5-Training in Risks Management.
6-Training in Compliance to Donors' Requirements.
Assessing the Information Systems’ Security, Users Permissions, Workflows, Reporting, Compliance with International Standards and National Requirements, … etc
Designing, Building and Managing Websites
Providing Programming Solutions for your information systems with different programming languages for all (Windows, Web, Android, and ISO applications)
Providing Enterprise Resources Planning Systems for the different types of industries (Manufacturing and Energy Corporations, Trading and Investment Corporations, Real Estate and Constructions, Professional Corporations, Health and Medical Corporations, Education Corporations, Agriculture Corporations, Poultry and Fishing Corporations, Retailers, Wholesalers, and Public Entities)
Providing and Customizing Enterprise Resources Planning Systems for NGOs (Non-Governmental and Non-Profit Organizations), the service we are providing includes ensuring systems compliance with International Standards, Donors Requirements, and Local Laws.