Financial Reporting
We provide a wide range of Services
VALUATION OF UNQUOTED INVESTMENTS
Many companies have
investments in different unquoted companies, at the end of every
reporting period, these investments are to be valued for reporting
purposes.
VALUATION OF DERIVATIVES
Several companies usually purchase
certain derivatives products to protect against interest rate and
foreign exchange risks, these instruments are required to be fair
valued at reporting period.
EXPECTED CREDIT LOSS MODEL
IFRS 9 requires companies to develop
Expected Credit Loss Model (ECL) under different approaches. ECL
uses the historical performance of trade receivables using different models.
ACTUARIAL VALUATION SERVICES
IAS 19 requires companies to value
end of service benefits (post-employment benefits) of employees
under IAS 19 – Employee Benefits using actuarial methods.
ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORTING (ESG)
We have
been providing services to various companies in preparing their ESG
compliance section of their annual reports which includes
identifying metrics for reporting, actual performance against those
metrics and future plans of companies.
We assist companies in complying with different requirements of IFRS.
We have subject matter experts of all above areas and have been
assisting various companies in Kingdom of Saudi Arabia.