Al Safi Chartered Accountants is proud of a professional and dynamic internal audit and accountants’ team with ample knowledge and risks identification amidst various industries. A strong, strategic internal audit framework integrates the compliances, controls and risk management with the organizational mission, vision, and stakeholder expectations. A soundinternal audit framework helps to safeguard the business and helps the organization achieve its goals.

Al Safi internal auditing in Qatar helps clients to succeed through a combination of assurance and consulting. With our strong capabilities andavailable resources, we can address your unique needs and offer major services as follows.

• Outsourcing/Co-Sourcing Internal Audit Services
• Strategic Performance Reviews
• Internal Control Reviews and Recommendations
• Compliance Advisory Services

Budgeting, Planning, and Forecasting (BP&F) is a three-step process for determining and detailing an organization's financial goals for theshort-term and the long-term. Al Safi team continuously strives to create improvement in the financial planning process and provides a better insight to understand, analyse, and proactively impact business performance and make it easier to produce more accurate budgets.

A sound financial plan is the vehicle that defines the strategic business objectives in financial terms. A well-prepared budget is the foundation of the decision-making process throughout the fiscal year, as it forecasts to adjustthe business to future expectations based on recent actual performance. With a renewed focus on growth as a strategic goal to be aligned withcorporate performance, financial consultants that hope to achieve best-in-class status have to be armed with tools that provide visibility andflexibility to strike a balance between aggressive plans for recovery and caution.

An agreed-upon procedure is when auditors are engaged by a client to issue a report of findings based on specific procedures performed on subject matter.

The specified parties and the auditor agree upon the appropriate procedures to be performed by our auditor. Because the needs of the specified parties may vary widely; the nature, timing, and extent of the agreed upon procedures may vary as well. Consequently, the specified parties assume responsibility for the sufficiency of the procedures since they best understand their own needs.

International Financial Reporting Standards (IFRS) has been adopted as an internationally accepted reporting framework. We bring together the best of our professionals to help clients understand and respond to the changes in accounting standards that currently impact: