Dayaraayn Profile 2010

8/9/2019 Dayaraayn Profile 2010

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Dayarayan

Auditing & Financial Services Firm

Public Accountants & Consultants Iran


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Who we are ?Dayarayan is one of the most famous professional services firm in

Iran with more than 45 professionals inIran , we serve the biggest

companies specially in Oil & Gas, inaddition to national enterprises,

public institutions and successful fast-growing companies. Ourclient

base is varied consisting oflarge multinational organizations,indigenous Iranian businesses, as wellas government departments

and commercialand state companies; across aregionrange of

industries.

Dayarayan in Persianlanguage is meaning Red Gold that is

memberofIranian Association of Certified PublicAccountants(I ACPA) -IFAC Member- andalso registeredaudit firm

in Tehran Stock Exchange.


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Facts and Figures

Date Established 1997

Numberof Partners 3

Numberof Staff 45

Numberof Clients 145+

Succession Plan Installed

ProfessionalIndemnityInsurance Installed


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Organisation Structure

Business Advisory

Partner

ManagersAudit

QMS

Manager

Senior Manager

Systems

Development

Audit &Business

AssuranceManaging

Partner

SupervisorsAudit

SeniorManagers

Audit

Corporate & Legal

Services Partner

Managers

Litigation Support

Business

Support Unit

AuditAssistants

AssistantsQMS

Assistant


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Services

Dayarayan is memberof RSM International ( The

Sixth worldaccounting Firm ) , we are amultidisciplinary firm, so we can offera wide range

of services unrivalled in the Ian marketplace. We

list most of ourservices here, but are constantly

talking to clients and updating ourofferings inresponse to theirrequirements. Inaddition, we can

tailorservices to suit yourparticularneeds. Our

services:

Audit , Consulting, Corporate & legal services,

Corporate finance, Enterprise risk services,Pensions & investments SME services, TaxContact us for more information about thistopic.


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Tax

Dayarayan has one of the best teams of

taxation experts inIran, providing arange of

business and personal taxation services to a

variety of clients, from the largest multinationalcompanies to the smallest family-owned

businesses and individuals. Ourteam comprises

specialist divisions with groups of professionals

available to advise you on corporation tax,income tax, capital taxes and indirect taxes.


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AuditToday's economy means businesses need

trustedadvisers more than ever. The

unprecedented changes have quickly moved

the focus to cost management, liquidly, risk

and future growth. Ouraudit professionals

primary focus is onadding value to your

business while applying the highest standards

of professional integrity, objectivity,independence and technical excellence


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Consulting

At Dayarayan, we are one of consultancy to

combine expert business strategyand financial

skills with the ability to support major

information technologyand business change

programs. By integrating skills from across the

firm andleveraging with RSM globalnetwork,

we deliveran unrivalled team that trulyanswers

clients'demands forsingle-source solutions.


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Corporate & legal servicesOurCorporate & legal services team consists of 7 dedicated staff

members, including a partner, one directorandfive managers. We

regularly engage and have contact with staff from both the

Companies Registration Office and the Revenue Commissioners.

We work closely with ourcolleagues in Audit, Tax andFinancial

advisory services and otherspecialist departments and externaladvisers on more complex arrangements and transactions. We

provide a service aimedat reducing the administrative burden on

clients andreducing the risk associated with failing to comply with

statutory obligations. We advise onarange ofroutine and specialist

matters relating to the Commerce Act 1968 andassociatedlegislation, as wellas managing corporate projects from inception

to completion.

We provide arange of services to both public and private

companies and tailorthese to suit yourneeds


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How we can help

Ourprofessionals take the time to

understandyourbusiness and the industry

you are operating in, so we can help

identify majorrisks and opportunitiesbeyond the traditional financialreporting

function. Ourrange ofaudit andadvisory

services helps you achieve yourbusiness

objectives, manage yourrisk and improveyourbusiness performance.


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Why DayarayanOurcombination of specialist

skills anddeep industry

expertise allows us to work withclients to solve complex

business problems, recommend

preventative actionand trulyaddvalue inall of ourservices.


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Our Mission

To provide highest quality services and business

solutions to ourclients with PRIDE.


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PRIDE

Passion for the service we provide to ourclients

Respect forourclients, staff, andassociates

Integrity to do the right thing being objective andindependent

Discipline providing timely service with creative ideas

Excellence in service, skills, andattitude


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Our Values

Strive excellence in client service.

Achieve excellence in the work environment.

Keep staff innovative.

Commitment to quality.

No ethical compromise is acceptable.


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Focus onadding-value.

Provide timely services.

Take a personal interest in ourclients.

No ethical compromise acceptable.

Adhere to the highest standards of professionalism.

Practice in two languages; Farsi and English.

Well connected in business community.

Our Strengths


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Client Base

Over clients in the following industries:

Financial

Construction

Manufacturing Real Estate

Trading

Insurance

Medical

Brokers

Media & Event

Organizing

Petrochemical

Oil & Gas

Education

Non Profit Organization

Information Technology


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Most famous clients in 5 years ago

Parsian Bank- Sarmayeh Bank- Tat Bank ( Private Banks)

Abadan Petrochemical Farabi Petrochemical-Shiraz Petrochemical

Karbon Black

RozdaroPhamacy Co.- Daropakhsh Co.- Behvazan Pharmacy Co.-Aburayhan Pharmacy- Zahravi Pharmacy

Kayson Nargan-Sazeh-Tehran Jonoub-Ramp Co.- Namavaran

International Engineering-

Petrochemical Engineering Development Co.- J Oilrefinery-

PetrochemicalInternational Trade-

Farabi BrokerCo.- Hafez Broker- Sahand broker- Rani Co.

Japan Tobacco-Schlumberger- MTN

Iran Mercantile Exchange-Tose Mobin Etemad


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Breakdown of Core Services

Audit &

Business

Assurance

50%

Business

Advisory

30%

Corporate

Legal

Services

20%


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0

0.2

0.4

0.6

0.8

1

1.2

1.4

2007 2008 2009 2010

Estimated

Business Growth (US$MM)


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Salient Features

Engagement Policy

We only accept engagements from clients that do

not lack integrity.


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Salient Features (continued)

Independence Policy

As a practical measure, rotation of staff amongst

different clients facilitates assurance and control of

independence.

The question of controlandassurance of

independence is resolved by engaging an

independent internalreviewer.


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Salient Features (continued)

Hiring Policy

We hire qualified staff for key positions and semi-

qualified staff for entry level with a minimum of 15

years experience inaudit practice.

All staff undergo periodic appraisals and must

adhere to the code of ethics for professional

accountants.


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DAYARAYAN's Publications

Stock Exchange and evaluation of shares.New law of chequeDirect tax act of Iran.Commerce code of Iran.

Collection rules of Iran labour & social securities code.Tax AccountingVAT Accounting GuideDayarayan Unabridged Applied Dictionary of Accounting &

Auditing

Doing business in IranCorporate AccountingCollection rules of Foreign Invest


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Contact [email protected]

Dayaraayn Profile 2010

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