“Financial statements are considered the backbone of any business activity, as they provide an accurate description of the company’s financial performance. These statements include all revenues, expenses, and net profits, which helps in analyzing various financial operations. Financial statements enhance a company’s ability to make well-informed strategic decisions, as they are an important source for investors and external parties to evaluate the company’s financial performance.”
Financial statements also contribute to facilitating the investment process by providing reliable data that strengthens trust in the company, especially during its establishment stages. Therefore, financial statements are an essential part of any company’s success, as they help top management set plans and define goals based on the company’s actual performance.
in Al-Fursan Al-Oula for Financial and Administrative Consulting We believe that financial statements are not just numbers, but a strategic tool that helps management make accurate decisions and achieve successful financial planning.
Start now with a simple step, and let the experts know. Al-Fursan First They guide you toward the best decision for the success of your business
We believe that every business is unique, and our approach is never aimed at growth.
Enabling companies to clearly understand their financial data and build future decisions based on accurate numbers and professional financial analysis.
“We have completed 1,013 valuation projects so far for both the private and government sectors, covering all establishments and sole proprietorships, in addition to valuing entities for partnership-based companies. We have worked with various valuation methods for joint-stock companies of all types, as well as all commercial, industrial, agricultural, and service activities, and online platforms, regardless of their size, whether established or newly launched.”
Through these statements, critical decisions related to the company are made, including the following:
Find answers to our questions about our consultation coverage options.
Financial statements are accounting reports that show the company’s true financial position, and they include: The statement of financial position, the income statement, the cash flow statement, and the statement of changes in shareholders’ equity.and they are considered an essential tool for making administrative and financial decisions.
Because financial statements help in Performance evaluation, identifying strengths and weaknesses, and providing accurate data to banks, investors, and official authorities.and they are also a fundamental requirement for tax and Zakat compliance.
Yes, we prepare the statements in accordance with International Financial Reporting Standards (IFRS) and the local standards adopted in the Kingdom, to ensure accuracy and compliance with the requirements of regulatory authorities.
The duration varies depending on the company’s size and the complexity of its operations, but it usually takes from 7 to 21 working days after receiving the required data and documents
