There is no company or institution that does not need a certified public accountant (CPA) to handle all its legal, accounting, financial, and tax matters. These tasks require expertise, high quality, and a reliable source to provide these services professionally and officially. You will find all of this and more with Abdullah Al-Hamli & Partners Company, a certified public accounting firm in Saudi Arabia, supported by a distinguished team of accountants, auditors, and consultants.
Key Responsibilities and Tasks of a Certified Public Accountant
The responsibilities of a CPA are diverse and aim to safeguard a company’s assets and properties. These can be categorized into five main areas:
- Financial Audits: Reviewing all financial transactions recorded in the books.
- Administrative Tasks: Organizing payments, administrative, and financial planning to support sound financial decisions.
- Tax Duties: Preparing and reviewing tax reports and ensuring timely payment.
- Advisory Tasks: Offering crucial financial and legal consultations.
- Dispute Reporting: Reviewing financial and legal records to draft reports that verify disputes between companies or between companies and individuals, then presenting them to the relevant authorities.
A key additional task includes representing the company with external entities such as banks or businesses involved in financial transactions with the company.
Explore Our Services in the Consulting Sector or Audit Sector to help grow your business professionally.
The Importance of Legal Accounting in the Saudi Financial System
Legal accounting is a branch of accounting science involving the review and recording of financial operations in company records and financial statements. It plays a vital role in the Saudi economy by:
- Enhancing transparency and trust among investors and clients
- Improving financial performance through accurate data analysis
- The presence of legal accounting helps detect any financial manipulations or violations
- Helping companies pass internal and external audits
Relying on an experienced certified public accountant or legal accounting firm helps your company achieve success and stability with financial transparency, significantly impacting the national economy. This is our goal with all our clients through our comprehensive services, including internal and external auditing, financial and economic consulting, tax and zakat services, financial reporting, transfer pricing, and local content services. For more details, contact us at 0539300404
You may also read:
- A Complete Guide to the Largest Accounting Firms in Saudi Arabia
- Handle Your Tax Affairs Professionally with a Certified Public Accountant Office
- Your Guide to the Best Accounting Firms in Riyadh
- The top services a financial partner accounting firm provides
- How to Choose the Right certified public accountant for Your Company
- Why should you rely on an Office of Chartered Accountants and Auditors for your organization?
How to Choose the Right Legal Accounting Office for Your Company?
Selecting a certified public accountant or accounting firm is essential for all companies, regardless of size. Studies show that 80% of small businesses need a certified public accountant or accounting office. You can search for accounting firms in Riyadh or Jeddah as they are ideal due to their proximity to key government and financial institutions, making transaction completion easier and more efficient.
Invest in Your Company’s Stability by choosing a certified public accountant under the supervision of the Saudi Organization for Certified Public Accountants (SOCPA), with the expertise and qualifications to monitor financial performance, provide accurate analysis, prepare budgets and financial reports, and ensure full compliance with tax and zakat regulations.
Key Criteria for Choosing a Legal Accounting Firm:
- Verify the firm’s SOCPA license
- Ensure it has a solid track record and significant experience in accounting and financial consulting
- Choose a firm located in a vital area such as Riyadh or Jeddah
- Review customer evaluations and testimonials about the firm’s services
One of the Largest Accounting Firms in Saudi Arabia
At Al-Hamli & Partners Company, we are one of the largest accounting firms in Saudi Arabia, with extensive experience since 1979. We provide all the financial and accounting services your company may need, from financial, economic, and administrative consulting, bookkeeping, financial audits, zakat and tax services, to strategic planning, HR services, and governance consulting.
We guarantee professional, certified accounting services compliant with Saudi accounting standards and international norms, in partnership with the global MGI Worldwide network. We use the latest technology and smart auditing tools. We are also ISO 9001(2015) certified, which affirms the quality of our services. Learn more through our Development and Quality Department.
We are committed to strengthening our position as a trusted partner through continuous staff training and auditor development, ensuring adherence to ISO quality standards as a certified CPA firm.
We also operate through multiple branches in Riyadh, Dammam, Jeddah, and Al-Ahsa. For more details, contact us at 0539300404
Conclusion
In light of rapid growth and an evolving economic landscape in Saudi Arabia, relying on a certified public accountant firm ensures transparency and credibility in your financial records while reducing the risk of fraud and accounting errors. It also strengthens investor confidence and improves financial report quality for sound, data-driven decision-making.
Abdullah Al-Hamli & Partners Company Chartered Accountants and Auditors firm is one of the top accounting firms in Saudi Arabia, ISO 9001(2015) certified. We are not only a financial audit firm but also a legal accounting office with highly qualified certified public accountants who understand the Saudi market and deliver services to international standards.
Common Questions
What is the difference between a CPA and a financial accountant?
A Certified Public Accountant handles financial transactions, auditing, compliance, and offers tax, merger, and acquisition services. A financial accountant deals with accounts, financing, report preparation, and budgeting. For more details, call us at 0539300404
What is the importance of the CPA exam for a legal accountant?
The CPA (Certified Public Accountant) exam is one of the most prestigious qualifications in accounting. It ensures professional excellence in Saudi Arabia and is issued by the American Institute of Certified Public Accountants.
How to become a Certified Public Accountant in Saudi Arabia?
You must be a Saudi national, of full legal capacity, a full member of SOCPA, have a clean record without disciplinary dismissal from government service, and hold a bachelor’s or equivalent higher degree in accounting.
What are the best legal accounting firms in Saudi Arabia?
Finding a legal accounting office is not difficult, but choosing the best fit for your business is key. At Al-Hamli & Partners company, as a certified legal accounting firm in Saudi Arabia, we offer top-tier accounting services with the highest quality standards. Contact us at 0539300404 for more details.
