Auditing and Financial Consultancy Innovation Project

Topics: International Financial Reporting Standards, Auditing, Financial statements Pages: 4 (859 words) Published: June 18, 2013
Services
I. Bookkeeping and Accounting Services:

Accounting, payroll and financial reporting are the three most essential and integral part of any business since these functions directly affect and contribute to an organization’s financial success. From start-ups to established enterprises, Fahad Al Sulaiti & Partner accounting services provides you with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, payroll and budgeting. Our accounting and bookkeeping services include and not limited to: a) b) c) d) e) Part time and periodic bookkeeping services by qualified accountants Ensure accounting and reporting as per IFRS Periodic financial reports of the business to top management Outsourcing payroll processing Forecast and projected cash flow.

II.

Auditing Services

a) External Audit; Financial Statement Audit and Statutory Statement This service consists in reviewing a company's annual Trial Balance in order to issue a professional opinion on the fairness of its equity and financial position as well as its performance at financial yearend and ensuring that you financial statement are prepared as per International Financial reporting Standards b) Internal Audit; Operational Audit and Compliance Audit The service involves assessing and evaluating a company's system of internal control. The service ensures improvement and value addition to company's operations. The emphasis is always on strengthening the internal control systems for minimizing accidental or deliberate accounting errors and omissions. It also involves protection of assets and ensuing compliance with a company's internal operating policies.

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III.

Tax Services

a.) Tax Declaration Qatar Tax law requires any business activity such as “any occupation, profession, service, trade or the execution of a contract or any other business for the purpose of making profit. Income tax is levied on partnerships and...
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