Arkan Al-mal Consulting Company
At Arkan Al-mal, we use this space to highlight our most important financial and consulting services, and to share our key solutions designed to support your company's stability and achieve your economic and financial goals with confidence and clarity.
Our Vision
To be trusted partners in success, contributing to achieving sustainable financial and economic stability for our clients.
✽ What We Offer
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Our Services
Bookkeeping
It is the process of recording and documenting all daily financial transactions of the company such as sales, expenses, salaries, purchases, and others.
This process aims to ensure the accuracy of financial information and provide an organized record that helps in preparing financial reports later.
Preparation of financial statements and internal periodic reports
Includes preparing the income statement, balance sheet, cash flow statement, and monthly or quarterly reports on business results.
These statements help in evaluating the company's financial performance and accurately identifying financial trends.
Financial data analysis and providing recommendations
The financial analyst studies the numbers and financial indicators and transforms them into insights that help management understand strengths and weaknesses.
Practical recommendations are then provided to improve performance, such as reducing costs, increasing profitability, or improving cash management.
Economic feasibility studies
Include evaluating new projects to determine their economic viability.
The study includes: financial analysis, market analysis, expected costs, future returns, and break-even point.
The goal is to make an informed decision before starting the project.
Internal audits
Internal audits to ensure work efficiency and control deviations.
Financial planning and risk management
Short and long-term financial plans are developed, including budgets, cash flows, and financing plans.
It also includes identifying potential risks such as market fluctuations or liquidity shortages, and developing strategies to address them.
Support for financial and investment decision-making
Providing accurate information and analyses that help decision-makers choose the best alternatives.
Such as evaluating investment opportunities, comparing projects, or determining the optimal financing structure for the company.
Preparing management reports and performance monitoring
Preparing specialized periodic reports for management that include performance indicators (KPIs), comparisons with plans, and analysis of variances.
This service aims to monitor performance and adjust the course to ensure the achievement of operational and financial goals.
Valuation and asset assessment
Estimating the value of company assets (equipment, real estate, patents), especially in mergers or financing operations.
Analyzing the return on investment on assets and estimating the true value of the company.
Assessing intangible assets (such as brand, intellectual property)
Strategic planning consulting
Developing growth strategies for companies (local or international).
Designing and implementing digital transformation plans, improving operational processes, enhancing efficiency.
Developing key performance indicators for managing financial and administrative performance
Establishing accounting policies and procedures (Policies & Procedures)
It is the process of establishinga comprehensive accounting manualthat outlines the rules the company must follow in all financial and accounting operations.
This manual serves as an official reference for all employees and ensures the company's compliance with international standards and best practices.
What does it include?
Establishing clear financial policies:Such as expense, revenue, depreciation, inventory, and purchasing policies.
Detailed work procedures:Step by step to execute each financial operation (issuing an invoice, approving an expense, recording entries, ...).
Document authorization and approval:Determining who approves what, how, and at what stage.
Internal control system:To ensure data integrity and protect it from errors or manipulation.
Compliance with standards (IFRS):Formulating policies that align with approved financial reporting requirements.
What is the benefit to the company?
✔ Standardizing the way of working among employees
✔ Improving the quality of accounting data
✔ Reducing errors and duplication
✔ Accelerating the preparation of financial statements
✔ Ensuring the company's compliance with regulatory bodies
Restructuring the financial and accounting system (Financial & Accounting System Restructuring)
It is a comprehensive process to develop and improve the company's financial system with the aim of increasing efficiency, accuracy, and transparency.
It is usually applied to companies that suffer from accumulated errors, weak reporting, or non-compliance with standards.
What does the restructuring process include?
A comprehensive review of the current financial system:Studying accounts, the documentation cycle, and the method of recording entries.
Correcting accounting errors:Reopening periods, fixing incorrect balances, reconciling transactions.
Redesigning the chart of accounts:Professionally tailored to the size and activity of the company.
Organizing the purchasing – sales – inventory cycle:And ensuring they are correctly linked in the system.
Implementing new accounting policies:Compliant with IFRS and audit requirements.
Transforming financial reports into accurate and analyzable reports:Such as gross profits, operating costs, sector analysis.
Developing workflow within the system (System Workflow):Such as Odoo, Zoho, SAP, or any system used by the company.
What is the benefit to the company?
✔ Accurate and reliable financial reports
✔ Accelerating monthly and annual closing processes
✔ Improving control and reducing manipulation
✔ Increasing decision-making efficiency
✔ A cohesive financial system that is easy to review and audit
Conducting market research (Market Research)
It is a comprehensive study of the market to understand the competitive environment, potential customers, and sector trends.
This service is considered essential for making informed decisions before expanding or starting a new project.
What does market research include?
Market Analysis:
– Market size
– Growth rate
– Opportunities and threats
Competitors Analysis:
– Strengths and weaknesses
– Prices
– Market share
– Marketing strategies
Target Audience Analysis:
– Their needs
– Their purchasing behavior
– Purchasing power
General Trends Analysis:Technology, laws, economic changes.
Field research (if necessary):Surveys – Interviews – Field visits.
What is the benefit to the company or investor?
✔ Making investment decisions based on data rather than forecasts
✔ Determining the true feasibility of entering a specific sector
✔ Accurately understanding the market size and competitors
✔ Identifying the best marketing strategy
✔ Better planning for pricing and determining the competitive advantage