Accounting and financial reporting services in Qatar
Our accounting services in Qatar cover four needs: keeping the books, applying or moving to IFRS, budgeting and forecasting, and setting up an accounting system. The aim is records your auditor can test and figures ready for the corporate income tax return, which the General Tax Authority expects within four months of the tax year end.
An open handwritten account book with columns of figures
Accounting and financial reporting services
Not sure which one you need? Ask us which one fits.
Accounting and bookkeeping
Daily entries, bank and supplier reconciliations and a monthly close, so the books are ready for the auditor and the tax return.
View serviceIFRS advisory and conversion
Moving from cash-based or local accounts to IFRS, applying new standards and checking the disclosures.
View serviceBudgeting and forecasting
A yearly budget, a cash flow forecast and budget-against-actual reports you can run the business by.
View serviceAccounting system setup
Choosing the system, building the chart of accounts and reports, moving old data and training your team.
View service
From accounts to audit and tax
An auditor tests the figures in your financial statements, and those statements are built from the daily records. If the records are late or incomplete, the audit takes longer and the tax return waits.
That is why our accounting work ends with books that reconcile and a trial balance your auditor can start from, and figures ready for the return on Dhareeba.
How we work with your finance team
- 1
Look at your records
We review how your books are kept today and what the business needs from them.
- 2
Agree the scope in writing
You get a written proposal with what we do each month, what we need from you and a fixed fee.
- 3
Keep the books
We post, reconcile and close each month, and flag anything that needs your decision.
- 4
Report and hand over
You get monthly reports and year-end figures ready for your auditor and the tax return.
- Since 2016Serving companies in Qatar
- Written scopeScope and fixed fee agreed before we start
- Sourced adviceEvery rule linked to the official text
- One named contactFrom the first meeting to the final report
Get expert advice for your business
Tell us what you need. We reply with a written proposal covering the scope, the documents we need and the timeline.
Questions about accounting and financial reporting in Qatar
Short answers to what companies ask us most. Open a question to read the answer.
Can we outsource bookkeeping instead of hiring an accountant?
Yes. Many small and growing companies in Qatar outsource their bookkeeping. We record transactions, reconcile the bank and suppliers and close each month, so you get reliable figures without a full-time hire. You keep access to the system and the records at all times.
Do we need to prepare our accounts under IFRS?
Many companies in Qatar prepare their financial statements under International Financial Reporting Standards, and auditors and lenders usually expect them. Which framework applies depends on your company type and who reads the accounts, so we confirm it before any conversion work starts.
How often should the books be reconciled?
At least monthly. A monthly bank and supplier reconciliation and close catches errors early, gives you up-to-date figures and saves a lot of work at year end, when the auditor and the tax return need the final numbers. Customer accounts and petty cash are worth checking on the same monthly cycle.
Which accounting system should we use?
It depends on the size of the business, the number of transactions, whether you need inventory or projects, and your budget. We compare a few suitable options, set up the chart of accounts and reports, move your old data and train your team.
Can you help if our books are behind?
Yes. We start with a catch-up: entering missing transactions, reconciling the bank and suppliers and correcting balances, then move to a regular monthly close. We agree the catch-up period and a fixed fee in writing before we start, and tell you early if a missing document will hold up the audit or the tax return.
Other services
Tell us what you need. We reply with a written proposal.
You get the scope, the papers we need and the time it takes.
- 1You send your details by WhatsApp or email.
- 2We read them and ask anything we need to know.
- 3You get a written proposal: scope, papers and timing.