Services

Bookkeeping is an important inner-working of any and every company. It is a thorough procedure that entails the systematic recording and organizing of financial transactions. Without accurate Bookkeeping, businesses will find it difficult to boost their performance and overall financial growth, our Finance and Accounting outsourcing staff will guarantee the accuracy of your company’s numerical data.

We provide you Accounting & Bookkeeping services in accordance with Egyptian law – which Started from Preparing Accounting System to Preparing a Financial report in compliance.
We develop systems to support your specific needs with our accounting services including preparation and advice on :
• financial statements to comply with IFRS or GAAP requirements.
• Monthly or quarterly management accounts preparation.
• Taxation and statutory report accounts.
• Concise reporting financial accounts.
• Interim accounts for planning.
• Special purpose accounts.

• Egyptian’s constantly changing tax environment creates new opportunities and challenges for private individuals and businesses alike. Keeping up with these tax changes is time consuming, and can place a heavy burden on your resources. We help you manage these effectively and efficiently.
• Retaining the services of a professional tax preparer can cost quite a bit of money that can be out of the budget range of some taxpayers. As an effective and easily affordable alternative, clients can outsource their tax preparation, tax return, and issues concerning taxes to the experts here.

• Our services are focused on providing our clients with quality rich and results-oriented services at a very reasonable cost, allowing our clients to obtain the maximum return on their investment. 

• After the completion of tax calculation and filing tax forms, each record should be investigated under the supervision of an expert auditor to process error-free financial statements.

• We work closely with our clients to assist them in dealing with the challenges they face in managing their tax affairs. Our taxation Advisers can provide the following services to assist you in meeting the challenges you face.

We provide the following services to support your business operations and ensure you meet your reporting obligations

• Value Added Tax VAT
• Income tax returns Tax Return
• Egyptian Taxation Office audits and investigations
• Indirect Tax Compliance services
• Fringe Benefits Tax returns
• Withholding Taxes obligations compliance Payroll tax
• Payroll tax obligations and reporting
• Tax obligation of non-resident entities and individuals

• A financial audit is the process of official financial investigation to have an idea about the actual status of “financial statements,” to ensure whether they are asserted as per the specific norms of Egyptian Accounting Standards (EAS) and International Financial Reports Standards (IFRS).

• Our audit and assurance advice helps clients understand the impact of business and operational risks on financial reporting and how to implement a disciplined approach to risk management and governance processes.

• The financial audit services that we provide are highly authoritative, and the services are genuinely assured about fair representation of financial statements in accordance with all the aspects that are incorporated in financial reporting framework.

Our focus is to understand your business and the risks you face before developing an independent audit and assurance framework tailored to your needs.

We go beyond standard compliance reviews to look for areas for improvement in your business’ financial reporting controls, processes and corporate governance practices.

We have experience in the audit of all types of organizations and business structures, including listed companies, unlisted public companies, subsidiaries of foreign organizations, and large privately owned businesses.

 We also audit not-for-profit organizations such as charities, foundations, and professional associations.

As a measure of the strength of our audit methodology, our firm is supported by the Public Oversights As such, in accordance with the requirements of  the compliance, our methodology is designed to ensure that our audit is conducted in accordance with the Egyptian Audit Standards as well as international auditing standards issued by the IAASB.

We undertake regular reviews of our audit processes to ensure best practice while providing the most cost-effective procedures. This includes the use of the latest computer-assisted audit software.

 We offer a range of audit and assurance services such as:

• External audit and assurance.
• Compliance and Single Audits
• Internal audit
• Risk profiling and management
• Due diligence
• Special reviews
• Fraud prevention
• EAS and IFRS advice
• Internal control advice
• Tax Compliance
• GAFI Compliance
• Manpower Compliance

Scope of Accounting Solutions for SME’s Business

Most small to medium-sized firms employ the services of a part-time bookkeeper to maintain their internal books. Unfortunately, based on the experience, over 90% of the books for small to medium-sized firms are not accurate thus resulting in inaccurate data. The lack of accurate data usually results in unnecessary accounting expenses for the time required by the accountant to “clean up” the books at the end of the year for tax and accounting purposes

It is important to note that, for tax purposes, an accountant gets the information from the firm; consequently, if the data is properly recorded, all the data is immediately and accurately available to the accountant. This results in reduced time and expense for accounting.

The books are set up by one of our experienced bookkeepers and are set up to provide proper and accurate data that every firm needs (must have) to properly manage and control the company.  It is for these reasons that Bookkeeping Management Administration was created.

Benefits of SME’s Bookkeeping Solution

1. Achieving a high level of accuracy.
2. Cost-effective services.
3. Can in fact help control.
4. On-time payroll and Receivables processing enables.
5. Avoiding penalties of tax.
6. Gaining from external experts.
7. Informed with updated accounting status.
8. Avoiding financial reconciliation.
9. Developing Accounting technological.
10. Reducing employment costs.

 Benefits of outsourcing

Companies outsource primarily to cut costs. But today, it is not only about cutting costs but also about reaping the benefits of strategic outsourcing such as accessing skilled expertise, reducing overhead, flexible staffing, and increasing efficiency, reducing turnaround time, and eventually generating more profit.

 CONTROL CAPITAL COSTS

 Cost-cutting may not be the only reason to outsource, but it’s certainly a major factor. Outsourcing converts fixed costs into variable costs, releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Outsourcing can also make your firm more attractive to investors since you’re able to pump more capital directly into revenue-producing activities.

INCREASE EFFICIENCY

 Companies that do everything themselves have much higher research, development, marketing, and distribution expenses, all of which must be passed on to customers. An outside provider’s cost structure and economy of scale can give your firm an important competitive advantage.

REDUCE LABOR COSTS

Hiring and training staff for short-term or peripheral projects can be very expensive, and temporary employees don’t always live up to your expectations. Outsourcing lets you focus your human resources where you need them most.

REDUCE RISK  Every business investment carries a certain amount of risk. Markets, competition, government regulations, financial conditions, and technologies all change very quickly. Outsourcing providers assume and manage this risk for you, and they generally are much better at deciding how to avoid risk in their areas of expertise.

Financial Analysis is crucial in obtaining an understanding of your company’s financial performance.

We specialize in providing outsource Financial Analysis and Modeling services. We focus on helping businesses analyze data better and make smart decisions.

 Our Financial Analysis Outsourcing services provide information regarding the efficiency, profitability, liquidity and stability of the company.

We provide Financial Analysis reports that address your key financial concerns and help you make smarter decisions.

1. Outsourcing Accounting and Bookkeeping.
2. Accounting Section Support and Supervising.
3. Payroll Accounting Process.
4. SMEs Full Accounting and Financial Reports.
5. Cost Accounting, Budgeting, and Financial Statements.
6. Enterprise Accounting Software Analyst.
7. Accounting Standards Compliance.
8. GAAP and IFRS Financial Statements Transferring
9. Standalone and Consolidations Financial Reports

Benefits of Payroll Service

• Preparing the periodical tax filing statements and forms
• Calculation of earnings, taxes, and deductions
• Payroll tax deposits and filing of tax forms on your behalf
• Payment and filing to submit payroll taxes and forms
• Calculation of social insurance and deductions
• Social insurance deposits and filing of social authority forms on your behalf
• Payment and filing to submit social insurance and forms

From business evaluations to business start-up procedures and planning and identification of appropriate government assistance, our business services deliver sound advice and information for businesses large and small.

• From business evaluations to business start-up procedures and planning and identification of appropriate government assistance, our business services deliver sound advice and information for businesses large and small.

• A consultant is an individual who is a professional expert and master of his or her specialized field. A consultant can recommend to an individual or an organization about the complex approaches or the intricate procedures that need to be taken to navigate through complicated business decisions that are necessary for a business to reach its full growth and operate at maximum efficiency. In addition, he or she can share unique insights or valuable knowledge to a client that another person not familiar with the respective industry may not know or be aware of. 

• In actuality, a consultant does not have any authority to make changes to a company’s existing accounting practices or to dictate how the financial statements should be prepared but he or she can suggest a path or course of action to be followed. Depending on the consultant’s relevant knowledge and level of experience, this path can take the business to an extreme loss or to great new heights. Thus, it is crucial to ensure the authenticity and credibility of the consultant you are about to hand over any accounting responsibilities to.

•  Are well-versed with the actions and processes that need to be implemented in order to deal with complicated accounting problems, weaknesses in internal controls, or inefficiencies. 

• Verifies whether the current operational strategy is appropriate or not, and profitable in the long run.
• Identifies the proper actions to be implemented, eliminating inefficiencies and impractical methods or operations.
• Facilitates the complete layout of the plan.
• Following what can realistically be achieved within a particular deadline.
• Suggests if any modifications are needed in the financial and accounting system.
• Shows the ideally suited path to achieve a specific business goal.
• Suggest DOs and DON’Ts, staying away from business complexities.

• From the outset, we discuss objectives and needs with clients in order to develop a guiding framework to ensure all services and outcomes are relevant to their business plans. We bring together core skills in taxation, audit, and insolvency to advise on suitable business structuring, management, processes, transactional advice, business mentoring, succession planning, managing change, and governance.

• Access to an extensive range of tools helps us to assist businesses to develop internal accounting systems, management reports, cost control systems, waste reduction measures, and business health assessments. By providing ongoing budgeting and forecasting advice, we help business owners analyze strategies and implement plans to promote sustainability and growth.

• For a business with cross-border transactions, our access to firms overseas has allowed us to assist our clients to navigate through the complexities of international transactions and provide an extensive range of resources to our clients.