Accounting services in Saudi Arabia: financial & accounting enablement
Accounting services and financial consulting in Saudi Arabia that build more capable accountants, better-controlled finance departments, and decisions grounded in accurate data and reliable reports.
Disciplined financial management, and accountants who work with confidence
We start by diagnosing your current financial and accounting setup: the financial manual, chart of accounts, document cycle, authorities and report quality. We identify strengths, gaps and risks, then build what is missing and improve what already exists.
We don’t stop at handing over manuals and templates. We work with your finance team to apply them in day-to-day work and link the budget to the operational plan, so reports come out on schedule and become a real decision-making tool.
Is this service right for you?
- A new organization that needs to set up its finance function
- No financial manual, or one that isn’t applied
- Late or unreliable financial reports
- A budget disconnected from the operational plan
- Accumulated accounting issues that need resolving
- VAT registration or a tax refund claim
What this service covers
Setting up and developing the finance function
- Establishing and developing finance and accounting departments
- Diagnosing the current financial and accounting position
- Analyzing financial strengths, weaknesses and risks
- Preparing and updating financial policies, regulations and manuals
- Building the chart of accounts and cost centers
- Organizing the financial document cycle
- Policies for expenses, revenue, procurement, custody and advances
- Structuring financial authorities and approval workflows
- Organizing invoice, document and voucher files
- Organizing fixed asset and depreciation records
- Building financial work templates and periodic reports
- Advising on resolving financial and accounting issues
Financial planning and budgeting
- Preparing the annual estimated budget
- Operating budgets and project budgets
- Revenue and expense plans
- Cash flows and financial forecasts
- Analyzing funding gaps and financial scenarios
- Monitoring budget execution and variances
- Periodic budget and financial performance reports
- Supporting management in making informed financial decisions
Reporting, controls and tax compliance
- Monthly and quarterly financial reports
- Revenue and expense reports
- Cash flow reports
- Budget and variance reports
- Project and funded-expenditure reports
- Financial KPIs and monitoring dashboards
- Bank reconciliations, adjustments and closings
- Internal review of documents and processes
- Strengthening internal controls and financial governance
- Value-added tax (VAT) registration and filing tax refund claims
- Awareness of accounting and tax requirements and financial obligations
What your organization receives
- 01A more organized and transparent finance function
- 02Accountants qualified in theory, practice and on-the-job application
- 03A financial and accounting manual with ready-to-use templates
- 04Budgets linked to the operational plan
- 05Accurate, regular financial reports
- 06Stronger internal controls and more effective decisions
Articles related to this service
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What each financial statement tells you, the difference between audited and unaudited statements, and what is different for nonprofits.
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The difference between the two phases, who the next wave covers, and what your accountant needs to prepare before the integration deadline.
The accounting cycle from journal entry to financial statements: a short guide for new accountants
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Frequently asked questions about Financial & Accounting Enablement
What do your accounting services include?
They include diagnosing your financial position, preparing the financial manual and chart of accounts, organizing the document cycle, preparing budgets and cash flows, periodic financial reports, reconciliations and closings, and getting you ready for value-added tax (VAT).
Do you offer financial consulting to charitable associations?
Yes. We build financial manuals and policies suited to each association, separate restricted from unrestricted funds, and prepare the funded-project reports that funders require.
Do you help organizations prepare for e-invoicing?
Yes. We review the readiness of your accounting system and document cycle, and help prepare master data and train your team before your integration date with the FATOORA platform.
Do you work on our existing accounting system?
Yes. We work on the system your organization already uses and recommend the changes needed to its settings, chart of accounts and cost centers, rather than starting from scratch.
Do you help with tax registration and refunds?
Yes. We help with VAT registration and preparing tax refund claims, and brief your team on the related accounting and tax requirements.
How is this service different from the Accountant Enablement Program?
The service builds and organizes the finance function itself, while the program prepares the accountant to run it independently. The two can be combined in a single engagement.
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Talk to us about Financial & Accounting Enablement
A first session to understand your situation and propose the right scope of work, with no commitment.