Boodai & Al Omar
Member of PA Global
Boodai & Al Omar CPA
Strategic Solutions for Business Excellence and Beyond
Guidance for Establishing Entities in KSA: Launching your business in KSA? We simplify the process with financial audits, tax guidance, accounting, and social security services. We also ensure compliance and navigate regulations for a smooth establishment.
Our comprehensive range of professional services is designed to meet diverse business needs with precision and expertise. We offer meticulous audit services, ensuring financial accuracy and regulatory compliance under international standards. Our tax advisory services provide year-round expertise in tax planning and compliance, covering income tax, VAT, payroll taxes, and more. In accounting and outsourcing, we maintain precise financial records to streamline operations and support informed decision-making. Social insurance services ensure seamless integration into regulatory frameworks, safeguarding both employers and employees. Finally, our business setup services guide clients through establishing entities in KSA, ensuring compliance and facilitating successful ventures in the local business environment.
Assurance
Navigating the Landscape of Decisions
In financial services, assurance services play a key role by enhancing information quality, reducing information risk, and providing decision-makers with valuable insights. Businesses increasingly seek transparency and value in their market communications. Assurance services cover areas like Audits, EHS Compliance, Financial Accounting, Private Client Audits, and SOC Reports, addressing complex business challenges. Our experienced professionals are dedicated to continuous growth, staying current with industry developments to offer clients the most effective and innovative auditing and assurance solutions.
External Audit
Comprehensive Audit Planning: ISA Framework
Our audits follow strict international standards (ISA) to assess your entire financial picture. We go beyond just compliance, identifying and addressing potential risks.
At Boodai & Al Omar CPA (B&O CPA), our audit approach, aligned with the International Standards on Auditing (ISA), is meticulously crafted to enable us to plan and execute audit engagements that provide a robust basis for expressing an opinion on an entity’s financial statements as a whole.
In addition to adhering to ISA, this approach empowers us to identify and address audit-relevant risks comprehensively. It ensures an efficient and effective audit process, tailored to meet our clients’ specific needs and expectations. We prioritize understanding our clients’ requirements and formulate a customized client service plan accordingly. Furthermore, we strive to deliver meaningful business advice, leveraging our audit insights to provide valuable perspectives on the condition of their business whenever possible.
Internal Audit
Trusted Partner in Enhancing Business Integrity and Efficiency
B&O CPA drives the evolution of internal audits from compliance to strategic consultation for large firms. We ensure accuracy in accounting, safeguard against inefficiencies, and exceed client expectations with rigorous compliance evaluations.
As companies have grown in size and complexity, the internal audit function has evolved at an even faster pace, shifting from traditional compliance to a more consultative approach.
B&O CPA has successfully conducted numerous internal audit assignments for large public shareholding and limited liability companies, consistently exceeding our clients’ expectations. Our efforts have promoted accuracy and reliability in accounting and operating data, safeguarded company resources against waste, fraud, and inefficiencies, measured the compliance of operating departments with established procedures and laws, and evaluated the overall efficiency of operating functions.
Internal Control
Strengthening Organizational Integrity Through Enhanced Internal Control Systems
We specialize in optimizing internal control systems to ensure reliable information flow, asset safeguarding, operational efficiency, and policy adherence. The B&O CPA tailored expertise empowers organizations to maintain robust controls that foster trust, efficiency, and sustained growth.
At B&O CPA, we recognize the critical role of internal control systems as essential management tools for achieving organizational goals. We specialize in enhancing these systems for our clients, ensuring they facilitate the accurate flow of reliable information, safeguard valuable assets and records, promote operational efficiency, and ensure strict adherence to prescribed policies.
Our expertise extends to comprehensive assessments and tailored recommendations that empower organizations to maintain robust internal controls, thereby fostering trust, efficiency, and sustained growth.
Advisory
A Trusted Partner for Business Success
At B&O CPAs, we understand that today’s business environment is complex and demanding. That’s why we offer comprehensive advisory services designed to provide you with the insights and strategic guidance needed to thrive.
Our team of experts will work closely with you to identify opportunities, mitigate risks, and make informed decisions that drive sustainable growth. From financial planning and tax strategies to operational efficiency and regulatory compliance, we offer a holistic approach to address your unique business challenges.
Let us be your trusted partner in achieving your business goals.
Business Valuations and Due Diligence
B&O CPA's Expertise in Business Valuations and Due Diligence
B&O CPA excels in business valuations and due diligence across various sectors like trading, real estate, manufacturing, and more. Our insights drive informed decisions in mergers, acquisitions, IPOs, and restructuring, ensuring strategic clarity and financial integrity.
Professionals at B&O CPA have conducted numerous business valuations and due diligence exercises across diverse sectors, including trading, real estate, manufacturing, services, construction, investment, tourism, and telecommunications. These comprehensive assessments have been integral to mergers, acquisitions, IPOs, restructuring, and privatization initiatives for both private and public sectors.
Our meticulous approach ensures that clients receive accurate and insightful evaluations critical to strategic decision-making, financial transparency, and maximizing value in complex business transactions.
Financial Planning and Feasibility Studies
Strategic Growth Through Expert Financial Planning
At B&O CPA, we specialize in delivering tailored financial planning services to medium and large companies, encompassing project evaluation, meticulous financial planning, funding source assessment, and strategic advice on working capital management. Our solutions empower businesses to make informed decisions for sustainable growth.
B&O CPA boasts extensive expertise in delivering comprehensive feasibility studies and financial planning services to medium and large-sized companies. Our tailored services are designed to aid clients in evaluating alternatives and making informed decisions. This includes assessing the feasibility of new projects, preparing meticulous financial plans and budgets, evaluating diverse funding sources, and advising on effective working capital management and related policies. Our strategic insights and meticulous approach empower businesses to navigate complex financial landscapes with confidence, ensuring sustainable growth and operational excellence.
Specialized Training
Advanced Skills Through Specialized Training Initiatives
B&O CPA provides specialized training across key areas such as internal and external audit, international accounting standards, financial analysis, business valuation, and EDP. Our tailored programs empower professionals with essential skills, fostering career growth and organizational excellence through continuous learning.
B&O CPA brings extensive practical experience in delivering specialized training courses tailored to our clients’ needs. Our expert trainers have conducted comprehensive courses across diverse fields such as internal and external audit, international accounting standards, financial analysis, business valuation, and Electronic Data Processing (EDP).
These training sessions are designed to equip professionals with essential skills and knowledge necessary for advancing their careers and enhancing organizational capabilities. At B&O CPA, we are committed to fostering continuous learning and professional development through our specialized training programs, ensuring our clients remain at the forefront of their industries.
Risk
Risk Management Through the Expertise of B&O CPAs
Effective risk management is essential for financial services. At B&O CPAs, we rigorously assess your risks, identify potential vulnerabilities, and prioritize areas for immediate attention.
Our approach goes beyond standard compliance, elevating risk management to a strategic necessity. By adopting advanced methodologies, our professionals ensure the precision of financial information while offering insightful analysis. From macroeconomic downturns to the constantly changing landscape of cyber threats, we help you navigate risks and seize strategic opportunities.
At B&O CPAs, our commitment is to safeguard your financial integrity and empower your organization with the strategic insights needed to thrive in an ever-evolving business environment.
Fraud Examination
Ensuring Integrity Through Expert Fraud Examination
B&O CPA excels in conducting rigorous fraud examination assignments, employing lawful techniques such as book and record examinations, analytical audits, and comprehensive interviews. We also assess clients’ fraud detection policies, and offer proactive recommendations to strengthen fraud deterrence programs.
At B&O CPA, our experienced professionals have conducted numerous fraud examination assignments using rigorous and lawful techniques. These include meticulous examinations of books, records, and analytical audit procedures, as well as interviews with key personnel and third parties. We employ comprehensive evidence-gathering procedures tailored to each case’s unique circumstances.
Additionally, we review our clients’ fraud detection and deterrence policies, offering proactive recommendations to enhance their fraud deterrence programs. Trust B&O CPA for thorough and effective fraud examination services that safeguard your organization’s integrity and financial health.
Tax
Certainties in Business: Mastering Taxes with B&O CPAs
At B&O CPAs, we understand the complexities behind taxation and are committed to being your reliable partner, providing the precision needed to master the world of taxes and ensure your business’s success.
Our team provides expert guidance in strategic tax planning, optimizing operational tax functions, navigating global tax policies, complying with transfer pricing regulations, and resolving tax disputes.
B&O CPAs excels in global trade taxation, ensuring compliance and mitigating risks through a deep understanding of evolving regulations and reforms.
We offer a comprehensive range of services, including tax compliance, transaction tax advisory, and bespoke private tax services. Our goal is to empower organizations to confidently address complex tax issues, delivering strategic insights and practical support to efficiently manage tax-related challenges.
VAT services
Optimizing VAT Efficiency
A dedicated team of experts ensures compliance with VAT regulations while optimizing tax strategies for maximum efficiency.
At B&O CPA, we specialize in providing comprehensive VAT services tailored to meet the transactional needs of our clients. Our expert team meticulously reviews all transactions, including supplies made to customers and received from suppliers, assessing the nature, volume, and VAT implications of each.
We ensure that our clients remain compliant with VAT regulations while optimizing their tax strategies. With B&O CPA, businesses receive proactive VAT solutions that streamline processes, mitigate risks, and enhance financial efficiency.
Technology
Ensuring a Secure Digital Transition
As companies advance in their digital endeavors, technology becomes integral to their daily functions. Despite the opportunities brought by swift technological growth, it also presents risks that need to be managed diligently.
To tackle these new challenges effectively, businesses must assess their technology-related controls to pinpoint areas for improvement. Our mission is to provide robust technology solutions that drive your business transformation and boost operational performance.
By addressing technology-related risks, businesses can confidently manage their digital transition, maintaining stakeholder trust and protecting their reputation.
Cybersecurity
Safeguarding Digital Assets Through Advanced Cybersecurity Solutions
At B&O CPA, we prioritize cybersecurity to protect against diverse threats, from identity theft to critical infrastructure vulnerabilities. Our proactive approach includes threat research, education, and enhanced protective measures, ensuring robust defense and secure digital environment for our client.
In today’s interconnected world, cybersecurity is fundamental to safeguarding individuals and organizations alike from a range of threats. B&O CPA recognizes the critical importance of advanced cyber-defense programs in protecting against identity theft, extortion, data loss, and threats to critical infrastructure such as power plants, hospitals, and financial institutions. We employ a proactive approach, leveraging the expertise of our cybersecurity team to research and mitigate emerging threats.
Through ongoing threat analysis, education on cybersecurity best practices, and enhancement of protective measures, B&O CPA ensures robust cybersecurity frameworks that safeguard our clients’ digital assets and support a secure digital environment
Contact Us on:
New Alseteen Aqarea. Riyadh
P.O. Box: 67243 Riyadh 11596
+966-11-4734260
+966-11-4728967