Services.
Management Assurance
Business Plan Preparation
Companies often express the need to have a professional business plan prepared for them, incorporating suitable sanity checks and robust financial modelling. We have been rendering this service for several Companies. Our range of offerings include business plans and feasibility studies for projects and companies.
Accounting and Bookkeeping
To be the strategic partner by leveraging Andersen’s deep expertise in accounting in order to build confidence in the value, accuracy, timeliness and reliability of the Controllership function. CFOs, VP Finances, Controllers, and other Finance leaders are tasked with governing most, if not all, the following inputs and their respective outputs:
Complex accounting
Consolidations
New accounting standards
Adjustments
Transaction processing
Reconciliations
Reporting
Internal controls
Taxation
We possess the required resources and expertise to assist businesses as well as individuals to not only meet tax compliance requirements, but also to optimize their tax position, by making tax savings wherever possible.
Our taxation services include:
Indirect Taxation (Value Added Taxation ‘VAT’) Services
VAT Compliance Services
Registration and VAT returns
Tax Compliance Services
Bankruptcy and Reorganisation
On 30 May 2018, Law No. 22 of 2018 with respect to the Reorganization and Bankruptcy Law was introduced in the Kingdom of Bahrain, repealing Legislative Decree No. 11 of 1987 with respect to the Bankruptcy and Composition Law. Our Firm has been enpanelled as practitioners of Bankruptcy and Reorganisation Services.
Forensic
Our Firm provides a wide range of Forensic services. We help our clients to prevent fraud, economic crime and disputes; to investigate fraud and provide assurance against financial, legal, and reputational damage.
Valuations and Due Diligence
Our valuation practice offers your business a wide array of services, including mergers and acquisitions, divestitures, purchase price allocation, valuation, impairment testing and fair value reporting when buying or selling a business.
Andersen can provide both pre-deal and post-deal services that will allow our clients to gain an accurate insight into the target’s systems, resources, deal pipeline, management and organisation, identify, significant deal breakers and issues includes areas related to products, service lines, operation and technology.
Our service offerings include assessment of legacy systems to meet future needs, assessment of valuation related metrics, transition planning and project management, and organisation and staffing reviews. We support the deal post acquisition to ensure that the deal works. Our team brings global firm sector expertise and knowledge, new insights, in depth analysis and a responsive and collaborative approach. At all phases of the deal – assessment and targeting, deal structuring, due diligence, valuation, or integration – our Firm will support you in making better decisions for better outcomes.
Internal Controls Due Diligence
Many companies are now requesting a controls review as part of the due diligence process when making an acquisition or entering into a joint venture. This is particularly relevant where there may be a less developed corporate governance / internal control framework. A “Controls Due Diligence” review is necessary to gain early warning of any key control weaknesses in the target companies.To structure M&A deals effectively, companies must understand the impact of acquisition accounting on the newly merged company’s earnings. A focus on more robust pre-acquisition valuation helps mitigate the risk of acquisition accounting estimates being significantly different from what is ultimately recorded at transaction close.
This is more important than ever as a result of the new accounting standards increasing the potential for post-close earnings volatility. Companies will be better positioned to assess the accretive or dilutive impact of a transaction if an effective pre-acquisition valuation is performed during the due diligence phase.