As your company grows as a startup or a branch establishment in Bahrain, the business is required by the Bahraini law at the year-end to produce financial statements pertaining to the business operations. To compile financial statements and bookkeeping your accounting activities might take more of your time than expected consequently distracting your focus from business activities.
The law requires the business entity in Bahrain to submit the financial reports which are conforming to the International Financial Reporting Standards (IFRS) to the competent authorities with regular and timely updates based on your business operation. While conforming to the standards, the business is required to follow compliances and regulations based upon their business operations in Bahrain.
With the scope of Accounting that has become so widespread today, it is very important that the bookkeeping of the business is done by proper professionals who have the thorough knowledge of the accounting and bookkeeping and can guide and help the business for the proper recording of transactions.
Bookkeeping in the literal sense is an activity concerned with the recording of financial data relating to business operations in a significant and orderly manner. The essential idea behind maintaining book-keeping records is to show the correct position regarding each head of income and expenditure. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Why choose BMS?
When Corporate Financial Accounting is so important in every field and is an element of utmost importance, then it is as important to maintain your books of accounts accurate. BMS having a group of Professional Chartered Accountants can give you the best of services and helps to maintain the books of accounts up to date and accurate.
A few among the wide range of accounting services we offer are as follows:
i) Bookkeeping (Monthly/Quarterly/Annual)
ii) Accounting system setup for new businesses
iii) You need to keep up to date on developments in financial reporting
iv) Financial Statement Preparation
v) Projections and Forecasts
vi) Cash flow and Budgeting Analysis
BMS AUDITING & CONSULTING CO. S.P.C Unit 66, Building 104, Manama Center, Manama, Kingdom of Bahrain PH: +973 17664926| MOB : +973 35982893 firstname.lastname@example.org | email@example.com