Accounting & Financial Records

The Importance of Organized Financial Records

Maintaining organized and accurate financial records is the foundation of sound financial management. Without correct accounting books, a company cannot know whether it is making a profit or a loss, and may face penalties and fines that could cost substantial amounts.

At Tishreen, we ensure your financial records are organized and continuously updated. We record all financial transactions accurately, from sales and purchase invoices to operating expenses and payroll, and we ensure every transaction is properly documented and supported to reflect reality.

We also provide periodic bank account reconciliation, comparing balances recorded in your books with bank statements to ensure no discrepancies exist. This process is essential for detecting unrecorded transactions and verifying the integrity of the system.

Financial Statement Preparation per International Standards

We prepare complete financial statements in accordance with International Financial Reporting Standards (IFRS), including the statement of financial position, income statement, statement of cash flows, and statement of changes in equity. These statements reflect financial performance and are used to accurately assess the company's position.

We follow a rigorous methodology in preparing these statements, starting with reviewing all accounting transactions recorded during the period, then making necessary adjustments such as depreciation and amortization provisions and allowance for doubtful accounts, before preparing the statements in their final form with disclosures.

We ensure the financial statements we provide meet the highest standards of accuracy and transparency and fairly reflect the company's financial position. We also provide financial statement analysis that highlights key financial indicators such as liquidity, profitability, and efficiency ratios, helping management understand performance.

Supplier & Customer Account Management

We provide a comprehensive service for managing supplier and customer accounts, handling supplier invoice recording, tracking due dates for payment and collection, ensuring no early payment discounts are missed, avoiding late payment penalties, and improving the company's cash flow.

This service helps companies improve their collection and payment cycles, positively impacting cash flow. We also provide periodic reports showing the status of each supplier and customer, amounts due and paid, giving management a clear picture of obligations.

Why Choose Tishreen for Accounting Services?

At Tishreen, we combine accumulated practical expertise with optimal use of modern accounting technology. We offer our services at competitive prices with flexible models that suit the size and nature of each client's business, whether a small startup or a large enterprise.

We provide comprehensive periodic reports that give you a clear view of your company's financial position at any time, and we partner with you in every important financial decision. Our goal is to be your trusted financial partner helping you achieve your business goals and ensure sustainable growth.