Accounting & Financial Reporting (IFRS & IAS):
Complete Bookkeeping to Finalization, Trial Balance, Profit & Loss (P/L), Balance Sheet, Cash Flow Statement, Statement of Changes in Equity. Preparation of Financial Statements strictly under IFRS & IAS standards.
Costing & Management Accounting:
Product Costing, Job Costing, Traditional Costing, Activity-Based Costing (ABC), Target Costing, Standard Costing, Variance Analysis, Cost Control & Cost Reduction.
Budgeting & Forecasting:
Fixed Budget, Flexible Budget, Rolling Budget, Zero-Based Budgeting (ZBB), Annual Budget, Cash Flow Budgeting & Forecasting, Budget vs Actual Analysis.
ZATCA Compliance:
Monthly/Quarterly VAT filing and E-Invoicing (Phase 1 & Phase 2) management, FATOORA portal handling.
Taxation & Zakat:
Calculation of Corporate Income Tax (CIT) for foreign partners and Zakat Base calculation for Saudi shareholders.
Performance Tracking:
Detailed Ratio Analysis, KPI Dashboards, Management Reports, Proactive Accounts Receivable (AR) & Payable (AP) follow-up and aging analysis to improve cash flow.
Audit Support:
Complete finalization of books and coordination with external auditors.