Salim Al Siyabi

Chartered Accountants & Auditors

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1 - Vision and Mission Statement

Vision

To nurture a professional firm of repute which is competitive, dynamic in the areas

of its operation, providing the best opportunity to progress and grow to all those

who are associated with it and also serving the best interests of the clients.

We visualize becoming leader in creating, validating and interpreting information

that measures and enhances organizational performance, thus becoming obvious

choice for financial management, assurance and other specialized services.

Mission

Our mission is to enhance decision-making and improve organizational

performance through financial management, assurance and other specialized

expertise. We act with integrity, objectivity and a commitment to excellence

keeping in view the public interest.

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2 - Our People

Quality of client services in a professional organization is

based on people. Salim Al Siyabi Chartered Accountants &

Auditors gives priority to recruiting and training. Our people

are member of Institute of Chartered Accountants and

university graduates with accounting degrees.

All graduates complete a structured training program, which

combines practical work experience with an extensive range

of formal courses and a number of management courses.

Professional staff is recruited on the strength of their

experience, quality of qualification and suitability to

undertake the services offered to our clients.

The company was established in the year 2009. The success

has been achieved, and is maintained, by our commitment

and enthusiasm for meeting the needs and expectations of

our clients. The company has evolved a structure, which

ensures that its size helps to give to all its clients, large and

small, a high level of services and personal contact.

Principal and staff are subject to stringent codes of conduct

as regards confidentiality and independence. Each clients’ job

is allocated to a supervisor who reviews all jobs done by

professional staff.

Professional staff

is recruited on the

strength of their

experience,

quality of

qualification and

suitability to

undertake the

services offered

to our clients.

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Partner Manager

Senior Auditor

Auditors

Accountants

Business Development

Business Development

Executives

Public Relations

Marketing Specialisist

Relationship Officers

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3 - About CEO

Mr. Salim Bin Khamis Bin Salim Al Siyabi is the chief

executive and founder of Salim Al Siyabi Chartered

Accountants & Auditors Co. Mr. Salim Al Siyabi has

completed Certified Chartered Accountancy Ain shams

university – Cairo–Egypt (1989) He has over 24 years of

professional auditing, accounting and allied experience.

Having background of Certified by the Ministry of

Economy in Oman & Account expert at the Ministry of

Justice Oman & He holds an international arbitrator from

Egypt & Certified the Ministry of Economy in Qatar and

Certified the Ministry of Economy of the United Arab

Emirates all this gave me based accounting approach and

ability to lead for finalization of the accounts,

management and internal reporting system and

compliance of statutory obligations; with the Five years

of professional experience (more than 5 years in UAE) has

established confident to run his own practice in any

challenging environment with leadership and result

oriented approach.

Audit Manager

Mr. Sameh Abdalla Mabrouk Mohamed is manager of

Salim Al Siyabi Chartered Accountants & Auditors. He has

intensive knowledge of ERP system (Oracles Financial 11i

& Microsoft Navision).

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Senior Auditor

Mr. S. Asif is senior auditor in Salim Al Siyabi Chartered

Accountants & Auditors. He is ACCA Member, CPA (USA)

& BSc (Honors) in Applied Accounting, having 5 years’

experience of Audit and Accounts. He worked 1 year as a

Junior Auditor in well reputed company in Pakistan and 2

years as Auditor in Rao & Ross Chartered Accountants in

UAE.

Auditors

Mr. Fuad Iftikhar is auditor in Salim Al Siyabi Chartered

Accountants & Auditors. He is ACCA Member and BSc

(Honors) in Applied Accounting, having 3 years’

experience of Audit and Accounts. He worked 1 year as

accountant in Muscat Garden Company L.L.C, Oman and

2 years as auditor in Budget Auditing Co, Oman.

Mr. Arslan Ali Awan is auditor in Salim Al Siyabi

Chartered Accountants & Auditors. He is ACCA Affiliate &

BSc (Honors) in Applied Accounting, having 2 years’

experience as accountant in Millat Tractors &

Equipment’s LTD, Pakistan

Accountant

Mr. Muhammad Yaseen is accountant in Salim Al Siyabi

Chartered Accountants & Auditors. He is Bachelor in

Commerce and ACCA Part Qualified, having 4 years’

experience of Audit and Accounts. He worked 1 year as a

junior accountant in Paki Cake LTD, Pakistan and 3 years

as an accountant in Engro Foods LTD, Pakistan.

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Business Executive

Ms. Pearl Grace Gonzales is handling all the

Administrative activities of Salim Al Siyabi Chartered

Accountants & Auditors. She worked for 3 years in

difference organizations in UAE and Philippine.

Relationship Officers

Mr. Naseer Kallivalappil is senior relationship officer in

Salim Al Siyabi Chartered Accountants & Auditors. He is

MBA Qualified in Marketing, worked 21 years as

marketing specialist in Saudi Arab and UAE.

Mr. Abdul Latif Kallivalappil is relationship officer in

Salim Al Siyabi Chartered Accountants & Auditors. He has

2 years’ experience of sales and marketing in UAE.

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4 - Objectives

To maintain the highest level of expertise and

knowledge of our people, through high quality

induction, continuing education and on the job

training.

To develop our people professionally and to give

our distinguished clients the highest priority

To maintain investment in technology and

knowledge at a significant level to ensure

continuing growth and further enhance our

competitive advantage.

To adopt an aggressive, focused marketing posture

whilst at all times acting in accordance with the

highest ethical standards.

To ensure that all managers and supervisors receive

adequate training to keep them abreast of the

current knowledge on technical subjects.

To achieve a growth rate of at least 15% in turnover

and 20% on profit in the next three years.

Our main motive is to

provide a quality

services with minimum

cost, innovative style

and fast delivery

(speed) to satisfy our

customer’s needs.

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5 - Our Approach to Client Services

The company places emphasis on competence,

professionalism and creativity in conducting its

assignments. To us, concern means dedication to each

of our clients and a solid commitment towards helping

them solve their business problems from

commencement to conclusion.

At Salim Al Siyabi Chartered Accountants & Auditors,

competence and technical expertise play an integral

part in the company’s comprehensive approach to

client services, forming the “core” which is never

compromised. Competence is a combination of an in-

depth understanding of the clients’ business affairs, and

a thorough knowledge of current principles and

techniques. We believe that “Professionalism” in the

accounting profession means integrity, objectivity,

independence, adherence to professional standards

and applicable laws & regulations, and demonstrated

will to maintain and improve the quality of services and

to withstand all pressure, competitive and otherwise,

not to compromise on principles, standards and quality.

Similarly, creativity is the value constantly sought, but

seldom found. At Salim Al Siyabi Chartered Accountants

& Auditors a creative approach is stressed in all

engagements. The company’s philosophy is to

anticipate management’s needs and design solutions,

which are innovative and effective.

We believe that our

professional and

targeted approach to

client services is key

to success.

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6 - Range of Our Services

Salim Al Siyabi Chartered Accountants & Auditors is one

of the major professional services organizations. It offers

special expertise, exceptional support for clients in every

important market, talented professionals linked together

through a knowledge management system, and perhaps

most importantly, a passionate commitment to its clients

and their success. In the following sections, a brief

description of our professional services is provided:

6.1 - Audit (Financial and Cost) and

Accounting Services

The professional standing of Salim Al Siyabi Chartered

Accountants & Auditors facilitates in providing of

assurance services with integrity, objectivity, and

independence, adherence to professional standards and

applicable laws and regulations, with a demonstrated will

to maintain and improve the quality of professional

services in this field. The clients serviced by Salim Al Siyabi

Chartered Accountants & Auditors include large

corporate entities, small companies, welfare and

charitable organizations in all industrial and service

sectors.

Company offers following mentioned audit and

accounting services for clients:

It offers special

expertise, exceptional

support for clients in

every important

market.

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Statutory Audit

Bookkeeping & Accounting Services

Cost Audit.

Special Audit.

Internal Control Review.

Internal Audits and Related Service.

Proprietary Audit.

Forensic Accountancy.

Investigation on Accounting, Audit and Related Matters.

Advice and Opinions in the Above Areas.

6.2 - Management Solution

Management Solutions delivers a broad suite of "Impact

Consulting" services and end-to-end solutions, helping

organizations plan, grow, structure, and technology

enable their business. Salim Al Siyabi Chartered

Accountants &Auditors provides the business experience,

technical knowledge, and implementation skills to turn

your challenges into solutions.

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6.3 - Financial Advisory Services

The company also provides many accounting related

services, including assistance in preparation of financial

statements, maintenance of accounting records and

developing and improving accounting systems both

manually and computerized.

6.4 – Management Consultancy

Services

We believe that continuously changing business and

industrial environment and sound business decisions

with respect to new investments and enhanced viability

of the existing businesses are dependent on proper

evaluation and assessment studies. For such undertaking

of competitive measures, Salim Al Siyabi Chartered

Accountants & Auditors provides a full range of

management services, providing the tools for more

effective and efficient business management, addressing

the problems of business strategies, internal audit &

related services, new business plan, accounting &

finance. Capital appraisals, project finance and other key

business functions.

Company provides

management

services and the

tools for more

effective and

efficient business

management.

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The scope of services includes:

6.4.1 – Business Strategy

6.4.2 – Internal Audit and Related Services

6.4.3 – New Business Plan

6.4.4 - Accounting and Finance

6.4.5 – Capital Appraisals

6.4.1 - Business Strategy

Strategic Management Planning.

Management and Organizational Development.

Information System Planning.

Performance and Operations Review.

Business Process Re-engineering.

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6.4.2 - Internal Audit and Related

Services

Review and Restructuring of Internal Audit

Department.

Internal Audit Services.

Assistance in Designing Risk Based Internal Audit

Approach.

Developing Internal Audit Manuals.

Designing of Charter of the Audit Committee and

Internal Audit Charter.

6.4.3 – New Business Plan / Feasibility

Study Report

Market Surveys, Analysis and Forecasts.

Assessment of Costs.

Economical and Financial Evaluation.

Sensitivity and Risk Analysis.

Tariff and Pricing Studies.

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6.4.4 - Accounting and Finance

Development and implementation of financial

accounting systems in individual areas and fully

integrated financial accounting systems.

Financial Projections.

Budgetary Control.

Costing Systems.

Cash Forecasting/Monitoring.

Financial Ratios.

6.4.5 Capital Appraisals

Payback Analysis.

Average rate of return.

Analysis of DCF & IRR.

Selection of Mutually Exclusive Projects.

Analysis of Differential Cash Flow, Risk and Sensitivity

Analysis.

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6.5 - Human Resource

An important controversy regarding labor mobility illustrates the broader philosophical issue with usage of the phrase "human resources": governments of developing nations often regard developed nations that encourage immigration or "guest workers" as appropriating human capital that is rightfully part of the developing nation and required to further its growth as a civilization.

The field of human recourses management changed dramatically in recent decades, which created a greatly expanded role for the human Chartered accountant’s firms.

The Human Resource Unit is part of Salim Al Siyabi Chartered Accountants & Auditors and was formed to meet clients’ needs in terms of their human resource requirements. The object was to provide services which would help to place the right people in the right positions, train them and develop their careers, ensure that they are appropriately rewarded and continuously motivated.

During developing human resources skill, we emphasize that how they would react in real-life so they react more objectively and precisely.

Since incorporation of company our professionals are performing their dominant role in different sectors of the economy.

During developing

human resources skill,

we emphasize that

how they would react

in real-life so they

react more objectively

and precisely.

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6.6 - Outsourcing

Outsourcing involves the transfer of the management

and day-to-day execution of an entire business function

to an external service provider. The client organization

and the supplier enter into a contractual agreement that

defines the transferred services. Under the agreement

the supplier acquires the means of production in the form

of a transfer of people, assets and other resources from

the client. The client agrees to procure the services from

the supplier for the term of the contract.

We perform the function of accounts audit and

outsourcing for small and medium sized enterprises. All

information whether at client’s premises or ours, is kept

in full confidence and secrecy. A package of suitable

periodic reports is presented to the clients and discussed

accordingly. These services are provided to local as well

as foreign clients. In case of foreign clients, we use various

modes for communication of information to and from the

client.

By outsourcing any or all of these functions, the need for

accounting employees can be reduced or completely

eliminated saving costs to the business.

Outsourcing is beneficial to an organization. Companies

have the power to maintain stakeholder’s value,

customer loyalty and competitive advantages without

compromising security, revenue and customer trust.

We perform the

function of

accounts audit and

outsourcing for

small and medium

size enterprises.

All information

whether at client’s

premises or ours,

is kept in full

confidence.

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7 - Our Firm’s Clientele

The company boasts of a very prestigious clientele, which

includes free zones and non-free zones companies and

high net worth individuals. Broadly the clients to whom,

we have offered professional services can be grouped

under following industries and service sector.

International Companies

BVI Companies

All free zones companies

All Non free zones companies

We are approved for the following free zones;

SAIF Zone

Dubai Multi Commodity Centre (DMCC)

Dubai Airport Free Zone (DAFZ)

Hamriyah Free Zone (HFZ)

Jebel Ali Free Zone (JAFZ)

Dubai Silicon Oasis

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We have branches in GCC countries;

Sultanate of Oman

Budget Auditing Co – start 1994 we have three

branches their (Muscat – Barka – Sohar)

U.A.E

Salim Al Siyabi Chartered Accountants &

Auditors Co. Start 2012 we have two branches

their (Dubai - Sharjah)

Qatar

Salim Al Siyabi Auditing Co. - AL Doha - start

2013

We aim and strive for the establishment of

branches in some other Arab countries (such

as Saudi Arabia - Egypt - Bahrain - Kuwait -

Jordan - Lebanon)

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THANK YOU