Business Plans
Initial planning for the engagement in our services entails:
- Benefiting from specialized experience in the relevant economic, financial and business sectors especially in
VAT and taxation field - Understanding fully the nature of the business activity and most importantly its financial and
accounting characteristics - Reviewing the client’s history and background, which includes any financial information and other internal
reports, legal documents, management’s decisions and possibly other regulatory reports (where applicable of
course). - Working in close collaboration with client staff to maximize the effectiveness of work
- Establishing strong quality control and close involvement of assigned partners and managers at all stages
- Identify the objectives of the engagement and appropriate approach to achieving them
We will also seek input from management during the planning phase to discuss the risk elements, possible
irregularities and other significant issues to ensure any areas requiring emphasis are addressed in the
engagement process. This knowledge will allow us to be more specific in our request for information and
reduce the time needed during our actual fieldwork engagement.
