PROFILE - Bader Saleh
Transcript of PROFILE - Bader Saleh
PROFILE
YOUR SUCCESS PARTNER
2 BADER SALEH AUDITING
OUR STORY 03
OUR VALUES 04
MANAGING PARTNER MESSAGE 05
MEET THE TEAM 07
FINANCIAL SERVICES 08
BUSINESS PROCESS OUTSOURCE 09
ECONOMIC SUBSTANCE REGULATION 10
IFRS ADVISORY 11
FEASIBILITY STUDIES 12
BUSINESS PROCESS RE-ENGINEERING 13
FRANCHISE CONSULTANCY 14
BS AUDITING SERVICES CYCLE 15
OUR PARTNER 16
BS AUDITING IMPACT 17
AUDIT ASSURANCE 18
GLOBAL OUTREACH 20
CONTACT BS AUDITING 21
TABLE OF
CONTENTS
3 BADER SALEH AUDITING
OUR STORY
Since 2006 Bader Saleh Auditing of Accounts is established in UAE to render services as Auditors, Tax Experts, ERP Implementation and Management Advisers. Our Team of highly qualified professionals are providing financial, corporate and technical business solutions while performing all the functions of a traditional Accountancy & Business Advisory. Although financial services are the backbone to the consultancy, we provide complete business solutions from company registration to company dissolution, tax planning to tax returns, internal controls evaluations, recruitment, book-keeping, feasibility studies, financial planning, mergers and acquisitions of business units, loan syndication, equity placement, Odoo ERP consultation and Implementation etc.
“WE BELIEVE IN QUALITY WORK SECOND TO NONE”
Our mission is to help business entities and institutions to prosper through our creative wisdom-based solutions. Our team is determined to provide cost effective yet efficient professional services to the business community and support them to attain the optimum results.
Bader Saleh Auditing is proud member of Startup Hub under Dubai Chamber of Commerce
TECHSTARS Startup Weekend Winner - 2019
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OUR VALUES
We recognize the trust our clients have reposed in us. Our client’s interest is always supreme. We practice best-in-class client service standards to deliver distinctive service.
CLIENT INTREST
We acquire host of confidential information during the course of our engagements with our clients. We fully recognize the sensitivity of such information and take utmost care in handling it.
CONFIDENTIALITY
We provide the services with core objective to add value to the businesses of our clients. Sole KPI for us to calculate the Value Addition to our client through our service standards and performance .
VALUE ADDITION
ETHICAL BUSINESS PRACTICES: We believe good ethics and
good business go hand in hand. We expect honesty and
courtesy from all our employees. We are transparent and
forthcoming in all our dealings with our clients and all
our contacts. We are clear that we will determine the
firm’s position with respect to matters of professional
practice based on what we believe is the right answer,
regardless of whether it is the popular answer
Opening new horizons for our clients through providing Auditing. Financial Services, Management Consultancy, ERP Implementation & Market Studies which add value to their businesses.
Our Objective
Bader Saleh Auditing to become a leader in Auditing & Management consultancy, market research and financial services as End to End service provider.
Our Vision
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MUHAMMAD KALIM
FELLOW MEMBER OF ACCA, REPRESENTED
ACCA AT INTERNATIONAL FORUMS IN
CHINA, ITALY AND USA.
Mr. Muhammad Kalim is Managing Partner of Bader Saleh
Auditing of Accounts. Prior to this he has worked
with KPMG, MAZARS and other international audit firms
at various roles. He is fellow member of ACCA, member
of the Chartered Accountants of ICAEW, member of CPA
Pakistan. Being the member of the Association of Tax
Technicians UK has obtained UAE VAT Compliance
Diploma.
FCCA, CA, CPA
15 YEARS OF
EXPERIENCE
MANAGING PARTNER
WE DRIVE RESULTS AND ADD VALUE TO OUR ESTEEMED
CLIENTS. QUANTIFIED RESULTS SPEAKS VOLUME OF
OUR GLOBAL STANDARD SERVICES
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TALHA AHMAD ERP AND FINANCIAL SERVICES PARTNER
INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAND AND
EX-DELOITTE, ACCOUTING, ASSURANCE AND BUSINESS
ADVISORY EXPERT WITH TEN + YEARS OF EXPERIENCE IN
LEADERSHIP ROLES WITH MULTIPLE ORGANIZATION INCLUDING
COO AND DIRECTOR OPERATIONS WITH LEADING REAL ESTATE
DEVELOPER IN UAE. WORKING WITH FIN-TECH STARTUPS AND
FINANCIAL SERVICES INDUSTRY DRIVING TECHNOLOGY
SOLUTION ARCHITECTURE AND BUSINESS MODEL
OPTIMIZATION. OPERATIONS LEADER WITH AN INDELIBLE
REPUTATION FOR DELIVERING INVENTIVE BUSINESS STRATEGIES
AND CLIENT-FOCUSED SOLUTIONS THAT IMPROVE MARGINS.
BROAD EXPERIENCE BUILDING PROFITABLE START-UP
DIVISIONS, GROWTH BUSINESS LINES, DEAL TRANSACTIONS
AND STREAMLINED OPERATIONS. DEVELOP PERFORMANCE-
BASED, LOW-COST SOLUTIONS THROUGH AGGRESSIVE
NEGOTIATIONS WITH NEW AND EXISTING SUPPLIERS.
RECOGNIZED FOR ABILITY TO INCORPORATE INNOVATIVE
MANAGEMENT TECHNIQUES THAT RESULT IN ENHANCED
BUSINESS PRACTICES, INCREASED PRODUCTIVITY, AND PROFITS.
PROVEN SUCCESS IN SALES AND MARKETING THROUGH
EXPERTISE IN BUSINESS DEVELOPMENT AND STRATEGIC
PLANNING CAPABILITIES
YEARS OF
EXPERIENCE
EX-DELOITTE WITH 5+
YEARS OF EXPERTISE
THE INSTITUTE OF
CHARTERED ACCOUNTANTS
OF PAKISTAN
10+
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NADEEM SAFDAR
ADVISORY PARTNER
EX-DELOITTE PARTNER
BRINGING ON BOARD 24+
YEARS OF EXPERIENCE IN
AUDITING, ACCOUTING,
FINANCIAL REPORTING AND
CONSULTING SERVICES
LEWIS ITOR
ERP EXPERT
5+ YEARS OF EXPERIENCE IN
ERP IMPLEMENTATION,
DEVELOPMENT AND BIG-
DATA ANALYSIS
MUHAMMAD ABID
AUDIT & QA - DIRECTOR
PROVEN LEADER IN THE AUDITING
AND ACCOUNTING PROFESSION
INFLUENCING AND DRIVING
INITIATIVES THAT IMPACT FINANCIAL
REPORTING AND FISCAL
ACCURACIES. HE IS A FELLOW
MEMBER OF THE INSTITUTE OF
CHARTERED ACCOUNTANTS OF
PAKISTAN (FCA).
BIG4 AND TOP TIER
CONSULTING FIRMS
EXPERIENCED TEAM
USMAN NOOR
DIRECTOR ERP
SOFTWARE ENGINEER WITH
8+ YEARS OF EXPERIENCE IN
ODOO IMPLEMENTATION,
DATABASE DOVELOPMENT
USING PYTHON.
BADER SALEH AUDITING TEAM BRINGS COLLECTIVELY
35+ YEARS OF EXPERIENCE IN THE FIELDS OF
ACCOUTING, AUDITING, BUSINESS PROCESS
OPTIMIZATION, ERP IMPLEMENTATION, BUDGETING,
IFRS IMPLEMENTATION, FEASIBILITY STUDIES AND
MARKET RESEARCH.
MEET
THE TEAM
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FINANCIAL SERVICES
BRINGING BIG4 QUALITY STANDARDS
FOR OUR CLIENTS WITH COST
EFFECTIVE SOLUTIONS
Bader Saleh Auditing specializes
in Big Data Analysis including
identifying Double Payments
against payables, Customer and
Target Market Analysis for e-
commerce platforms,
identifying trends (financial and
operational) within company.
BIG DATA ANALYSIS
Bader Saleh Auditing brings
collectively 15+ years of Odoo
Implementation with track
record of designing and
implemention Odoo ERP in
challenging industries including,
International Trade, FMCG,
Corporate Services Industry,
Freight Forwarding (3PLY) and
Healthcare Manufacturing.
ODOO ERP IMPLEMENTATION
WE MANAGE YOUR ACCOUNTS AND LET YOU FOCUS ON YOUR
BUSINESS
ACCOUNTING AND
BOOK KEEPING
WE DEPLOY OUR RESOURCES FOR FULL
TIME ACCOUNTS MANAGEMENT, SAVING
YOUR COST
BUSINESS
PROCESS
OUTSOURCE
WITH YEARS OF EXPERIENCE, WE
ADVISE OUR CLIENTS ON FINANCIAL
MATTERS
CFO SERVICES
AUDITING
EXTERNAL AUDIT TO GIVE YOU CLEAR
PICTURE OF YOUR BUSINESS HEALTH
HELPING YOU TO NAVIGATE THE
IMPLEMENTATION ON NEW STANDARDS
IFRS ADVISORY
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BUSINESS PROCESS OUTSOURCE
(INTELLI SOURCING)
We bring Value to your Business with quantified results based on agreed upon KPIs and ensures outsourced Business Fucntion brings desired results. BS Auditing Outsourced Funtion does not require the work to be performed remotely, infact we bring highly skilled resources to your organization. Ensuring the Continious Professional Training for our resources provide cutting edge Knowledge Base to lead your Business Functions.
Our SKILLED RESOURCES can handle Data
Entry, Financial Reporting, Monthly Closing,
Invoicing, IFRS implementation, Internal
Audit, Managing External Audit and
Payable and Receivable Management.
ACCOUNTS A
Develop and Manage shared resources for
Companies under a group in order to drive
cost-effective solutions, BS Auditing works
to develop Shared Services module for
Accounting, Finance and IT.
SHARED SERVICES
B
BS Auditing deploys its team to process
Claims, Invoices and follow up for payments
with the clients. Team works closely with the
Client’s management to deliver the results.
CLAIM/ DOCUMENT
PROCESSING
C
Implementation of ERPs SAP, Odoo, Oracle,
Zoho and Tally. BS Auditing also design and
develop tailored solutions for Clients
including Payment Gateways and e-
commerce platforms.
DIGITIZATION D
A
B
C
VALUE ADDITION
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FULL TIME RESOURCE DEPLOYMENT
HIRING SKILL SET AND COMPETENCY NOT RESOURCE
SAVING ON INITIAL INVESTMENT FOR VISA, INSURANCE AND AIR TICKET
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ECONOMIC SUBSTANCE REGULATION
The United Arab Emirates (UAE) Ministry enacted the Cabinet Resolution no. 31/2019 with
effect from 30th April 2019 on ESR. This was followed by the Ministerial Decision 215 for the
year 2019 giving directives for the implementation of the provisions of Cabinet Decision no.
31/2019. This rule is applicable to all Licensee carrying on the following Relevant Activities in
the UAE, including FreeZone Businesses as from the Fiscal year 2019.
How to meet the Economic Substance Regulation
Test?
Check whether the entity is directed and managed
in the State in relation to that activity.
Check whether the entity conducts/ performs Core
Income-Generating Activity (CIGA) in the State.
Check whether the company employs an adequate
number of qualified full-time employees or incurs
an adequate level of operating expenditure and
adequate physical assets in the state.
If CIGA is conducted by another entity for the
relevant licensee, then check whether the Licensee
has full control and is be able to monitor the
activities of another entity.
Insurance Business
Banking Business
Shipping Business
Investment Management
Intellectual Property (IP) Business
Head-Quarter Business
Holding Company Business
Distribution & Service Centre Business
DOES YOUR COMPANY MEET
REQUIREMENTS FOR ESR
REPORTING?
Our experts perform a substance test on the entities
which fall under ESR Requirements. The substance
requirements may differ depending on the nature of
the relevant activity performed by the entity.
SUBMISSION OF NOTIFICATIONS AND REPORTS
In scope, entities are required to file a notification with the relevant
authority. Bader Saleh Auditing can assist in the requisite preparation and
submission of the notification and report in the format that is required by
the relevant authority.
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New Accounting Standards have been Issued or In th process of re-development, they have biggest Impact In IFRS reporting companies
Our services include the following:
Review and implementation of changes in individual standards
Accuracy of IFRS related information generated by reporting systems
IFRS transitions e.g. when listing as a public company
IFRS regulations for investment firms
Assistance to IFRS adopters when preparing financial statements
Performing and documenting impairment tests in accordance with IAS 36, Impairment of Assets
Training on IFRS standards
Accounting Disclosures as per IFRS
IFRS 15, Revenue from Contracts with Customers
IFRS 15 establishes the principles for reporting useful
information regarding the amount, nature, timing and
uncertainty of revenue and cash flows arising from an
entity’s contracts with customers. The new standard also
requires such entities to provide users of financial
statements with more informative, relevant disclosures.
The standard provides a single, principles-based, five-
step model to be applied to all contracts with customers
and supersedes all existing revenue guidance under IFRS.
IFRS 9, Financial Instruments
The final version of IFRS 9, issued in July 2014, is the
IASB's replacement of IAS 39 Financial Instruments:
Recognition and Measurement. The standard includes
requirements for recognition and measurement of
financial assets and liabilities, impairment of financial
assets, derecognition and general hedge accounting.
IFRS 9 is effective for annual periods beginning on or after
January 1, 2018 with earlier application permitted.
IFRS 4, Insurance Contracts
Currently under IFRS, IFRS 4 Insurance Contracts,
provides the guiding principles for accounting for
insurance contracts; however, in recent years stakeholders
have noted that in light of the increasingly international
nature of the industry and the uncertain exposure such
contracts create, the existing principles do not address
specific insurance issues, thereby lacking the information
users require to understand the insurer’s financial position,
performance and risk exposure.
Leases
Currently under IFRS, IAS 17 Leases prescribes the
accounting and disclosures for both lessees and lessors in
relation to leases. The existing model with IAS 17 does not
require a lessee to recognize lease assets and liabilities for
certain leases. This model has been criticized for failing to
meet the needs of investors and analysts as the model
does not always provide a faithful representation of the
underlying transaction(s).
IFRS – ADVISORY
Below we highlight some of the standards that have been recently issued or are in the process of re-
development that we expect will have the biggest impact on IFRS reporting companies. Follow the links to learn
more about each standard, its impact on your business and how BS Auditing can help.
1
3
2
4
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FEASIBILITY STUDIES
MARKET RESEARCH
BUSINESS PLAN
OPERATIONS PLAN
MARKETING PLAN
FINANCIAL PROJECTIONS
INVESTOR PITCH
BS Auditing useS Risk Based approach to conduct the feasibilities studies and at each stage of such studies, we strive to highlight the Risks associated with such business/ product and develop the Business Plan and Financial Projections based on such risks. We work from the inception of project by analyzing following risks: Product risk: Our Process starts with the Product/ Business analysis and we critically analyze the Product/ Business by explaining, the problem(s) it solves. If the solution provided by the Product/ Business is solving the problem, we at the Beginning of our studies ensure that the product addresses a big enough market, and the right opportunity within that market, at the right time. Our highly skilled team conducts the market research, know the landscape, and can clearly articulate how Product/ Business fits within the context of this landscape.
Financial risk: We identify key business milestones and schedules that clearly identify the points in time when equity or debt investments are necessary to reach the next major milestone. We articulate the business plan, growth path and set milestone which are Key Performance Indicators for the success of our client Business/ Product. Team risk: It is important to have a great team to build on your success and develop the company to take it to next level. We create the Human Resource Budget and required skill sets for the client so that appropriate budgets are invested in people who are required to develop the product and help our client to achieve the business goals. Execution risk: Many businesses become so mired in the details that they completely lose sight of the overall company trajectory and strategy. Alternatively, some companies remain at a high level and overlook crucial details that result in major problems. We develop business plans while assessing the details required at each development stage of the business, while maintaining a keen focus on overall business execution, that ensures the highest likelihood of long-term success in business. Market risk: Identification of the customers and their behavior to buy related products is arguably the most important risk factor to assess before launching any product/ Business. We research this thoroughly. Identifying the routes to market, and ways to build them effectively, in a timely fashion and within the budgets of our client, as this could easily determine the success of our client’s business/ product. Once the market risk is controllable and time-effective, we can ensure our client of greater success ratio in their business.
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BUSINESS PROCESS RE-ENGINEERING
Three phases of developing company structuring/ restructuring.
1. Operations Due Diligence: Assessment of Current Structure and collection of required information.
2. Reporting: Drafting of Business Structure Report and its contents for the review, understanding and approval of client.
3. Implementation: BS Auditing develops the implementation plan based on the Business Structure Report.
OPERATIONS DUE DILEGENCE
BS Auditing develops Client’s Business Process Mapping: I. Current flow of information throughout the organization
II. Authority matrix of management involved in the entire process III. Overlapping of departmental roles in the organization
Control Testing Objectives:
Review for adequacy of internal control system to ascertain that organizations goals and objectives will be met efficiently and economically
Review for effectiveness of the system of internal controls to ascertain that system is functioning as intended
Review for adequacy of the system of internal control
Review for quality of performance to ascertain that organization’s objectives and goals have been achieved
Business/Operations Risk
Risks that relate to doing the right things the wrong way: o Workforce Morale o Suppliers Disagreements o Physical Plan o Protection of Assets o Product & Services Quality
Customer Satisfaction
Financial Risk
Risks that impact the company financials: o Revenue Loss o Over Expense o Liquidity Risk o Company Valuation o Inventory/ Stock Valuation
STRUCTURE
o ORGANOGRAM o DEPARTMENTAL ROLES AND
RESPONSIBILITIES o STANDARD OPERATING
PROCEDURES
o REPORTING STRUCTURE AND TEMPLATES
o DEPARTMENTAL STRUCTURE o JOB DESCRIPTIONS
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Bader Saleh Auditing has extensive experience in developing Franchise
models for local and international brands. We add value to the business
development of any brand by creating an opportunity to Franchise their
business to investors which helps them to create new territories for their
brands. Our Franchise Development Model covers the following aspects:
Franchise Strategy
------------------------------------
Franchise Structure including Franchise Owner Profile,
Type of Franchise offered, Territory definition, Support
Programs, and Internal Staffing.
Franchise Revenue Sources including Initial Franchise
Fee, Royalties, Advertising
Franchise Business and Financial Plan
BS AUDITING IMPACT:
Leading Men Health and Wellness Spa in Abu
Dhabi hired BS Auditing for Franchise Program
Development.
Operations Analysis
------------------------------------
Initial Analysis and Outline
On Site Analysis
Franchise Operations Manual
Marketing and Sales Plan
------------------------------------
Franchise Sales Proposal
Online Marketing Plan
Website and Mobile Application development
Development of Sales Methodology for Franchise
Training Manual
------------------------------------
Bader Saleh Auditing also creates the training manual for the client to be shared with their Franchisees in order to have
unified standard of services at each outlet.
Delivered
projects in
Health and
Wellness,
Cleaning and
F&B Industries.
Delivered:
Franchise Program, Royalty Model, Legal
Contracts, Operations & Training Manual.
3+
potential
franchisee
in 6 months
.
FRANCHISE CONSULTANCY
BS Auditing
brings 7+ years
of experience
In developing
cost-effective
franchise
structuring
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The process comprises of following stages:
1. In-depth research, including the use of our proprietary knowledge base, best practices database and consulting in-house industry experts.
2. identification of key business risks. We focus on those risks in the business cycle which are deemed most likely to occur and which would have the highest impact.
3. our approach is designed to align ourselves to the client’s expectations, business objectives and the related business risks. In this way, we appropriately position ourselves to add value.
4. A framework for dialogue with the management so as to add internal insights to our external analysis.
5. Report summarizing the Strategic Issues, Management Priorities, matters to be addressed during our engagement and other action points for us to address in order to ensure delivering of premier service. Further our Multi Disciplinary Practice (MDP) strategy brings together the appropriate competencies, from our broad range of capabilities to each client situation that create the most value for our client’s business
HOW IT
WORKS.
BS
AUDITING
SERVICE
CYCLE
IDENTIFY CLIENT
EXPECTATIONS.
Process 01
EVALUATE CLIENT NEEDS
Process 02
DEVELOP AND VALIDATE THE GOALS OF THE
SERVICE & DOCUMENT THE PLAN
Process 03
IMPLEMENT THE PLAN BASED ON OUR
EXTENSIVE EXPERIENCE
Process 04
RECOMMEND IMPROVEMENTS FOR
VALUE ADDITION
Process 05
EVALUATE PERFORMANCE AND
FULFILMENT OF CLIENTS’ NEEDS
Process 06
POST-IMPLEMENTATION REVIEWS
Process 07
CONTINOUS COMMUNICATION WITH
CLIENT FOR BUSINESS AND REGULATORY
CHANGES
Process 08
We adhere to a rigorous
set of client service
standards that are
grounded in a total
quality management
philosophy
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OUR PARTNERS
Bader Saleh Auditing provides whole range of professional
consulting services and have partnered with Industry Leaders in
delivering top-tier solutions for our cleints
ERP PARTNERS
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Operational Audit and Input for Executive Management concluded in Risk and Control Assessment at Business Process level, resulting in identifying the Roles Overlaps, Inefficient Reporting and Production Process.
Designing Organizational
Structure
1. New Organogram
2. Departmental Structure
3. Reporting Structure
4. SOPs for Processing
5. ERP Implementation
DELIVERED
Increased Processing by 10%
Reduced Order Delivery Time by 20%
Increase in Profits by 2%
IMPACT
ESTABLISHED IN
1995
TRADING COMMODITIES IN
FIVE CONTINENTS
USD
50 Mn
REVENUE
BS AUDITING IMPACT
Multi National Group in Commodities Trade and Manufacturing with presence in UAE, USA and Sudan hired BS
AUDITING company restructuring for whole Group. BS AUDITING undertook the project for Organizational
Structuring, Standard Operating Procedures (SOPs), ERP Implementation and Operations Output Efficiency.
OUR PROJECT PARTNER:
PARTNERED WITH ODOO IN DELIVERING
TAILORED ERP FOR THE CLIENT
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AUDIT ASSURANCE
EXTERNAL AUDIT:
“The external audit offers confidence that the financial statements are true and fair which helps improve management’s integrity. Audited
financial statement offer credibility and comfort to the shareholders and to all stakeholders, including the market at large.”
Bader Saleh Auditing can provide an independent and impartial evaluation of your financial reporting process, including
your financial reports and documents. This information can be utilized to improve the accuracy, efficiency, and
comprehensiveness of financial records, thus boosting potential investor confidence
FINANCIAL AUDIT 1
Operational Audits – our auditors can perform an operational audit on your company and identify gaps within your
processes that are preventing further operational efficiency. Using this data, we can help you develop better operational
processes that maximize your resources.
OPERATIONAL AUDIT 2
Information System Audit – An information system audit, or information technology audit, is an examination of the
management controls within an Information technology (IT) infrastructure. Through the evaluation of your information
system we can determines if the information systems are safeguarding assets, maintaining data integrity, and operating
effectively to achieve the organization’s goals or objectives.
INFORMATION SYSTEM AUDIT 3
Integrated Audits – the coverage of an integrated audit includes all three aspects of your business process, from
compliance to financial reporting. Through a sweeping and complete analysis of your internal protocols, we can identify
information gaps between your reporting processes as well as inaccurate recording practices that result in data loss.
INTEGRATED AUDIT 4
Due Diligence – Due diligence is a process of verification, investigation, or audit of a potential deal or investment
opportunity to confirm all facts, financial information, and to verify anything else that was brought up during an M&A
deal or investment process. Due diligence is completed before a deal closes to provide the buyer with an assurance of
what they’re getting. We help clients with evaluation of financial statements, assets, liabilities and risks. We perform an
in-depth analysis and provide a checklist making sure the deal meets the client’s objectives. Our analyses will help you
execute plans, reduce efforts and maximize value.
DUE DILIGENCE 5
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INTERNAL AUDIT:
To perform this activity, Bader Saleh Auditing of Accounts work with management of the entity to systematically review
systems and operations. This is aimed to identify how well risks are managed including whether the right processes are in
place, and whether agreed procedures are being adhered to. We take a risk-based approach towards internal audit in
helping clients improve performance and operating efficiency.
Our internal audit methodology is used completely or in conjunction with a client’s existing methodology as the framework
to build, execute and track a risk-based internal audit plan. This plan assists the client with managing process and
technology risks and efficiently integrating technology within critical business processes. These services can help
management better understand and monitor the performance of core operations and support functions, as well as
ensures the proper level of control.
For organizations that require an independent
evaluation of their business processes and related
controls, We provide;
Overall evaluation of management controls,
Assurance on business processes,
Risk management solutions, and
Traditional third-party assurance.
INTEGRITY
FAIR PRESENTATION
DUE PROFESSIONAL
CARE
CONFIDENTIALITY
INDEPENDENCE
EVIDENCE-BASED APPROACH
DEFINE AUDIT PLANS
DEFINE SCOPE
REFERENCE DOCUMENTS
ADMINISTRATIVE SUPPORT
COLLECT INFORMATION
AUDIT EVIDENCE
EVALUATION
AUDIT FINDINGS
REPORT WITH CONCLUSIONS AND ACTIONABLE INFORMATION
OPERATIONAL AUDIT PROCESS
INTERNAL AUDIT
PRINCIPLES
To perform this activity, Bader Saleh Auditing of Accounts work with management of the entity to systematically review systems and operations. This is aimed to identify how well risks are managed including whether the right processes are in place, and whether agreed procedures are being adhered to. We take a risk-based approach towards internal audit in helping clients improve performance and operating efficiency.
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GLOBAL OUTREACH
INDIA
UNITED
ARAB
EMIRATES
PAKISTAN
KINGDOM
OF
SAUDI
ARABIA
UNITED
STATES
OF
AMERICA
150 satisfied clients
2006, 15+ years of
presence in UAE
20, partnered with startups
$925m, revenue generated for
clients
INDUSTRIES WE COVER
21 BADER SALEH AUDITING
0641, Tamani Arts Offices, Business Bay,
Dubai
Telephone +971 50 867 2243 +971 58 108 5690
E-mail: [email protected]