WELCOME to MAGDY ABDEL MALEK & CO.
Magdy Abdel Malek & Co. is one of the oldest, leading and well-reputed accounting firms in its field in Qatar. The firm is registered in the ministry of Business & Trade in the State of Qatar under license No. (5), and listed amongst the top accredited firms in Qatar Development Bank, all financial institutions, local and international banks operating in Qatar, Ministry of Economy & Finance and the Department of Public Revenues & Income Taxes. Our firm has a long experience in providing professional and consulting services for local and multinational companies operating in Qatar in various business sectors such as commercial trading, construction & contracting, industrial, tourism and service.
Audit & Taxation
Magdy Abdel Malek & Co. provide all the accounting services, such as maintaining the accounting books & records, preparing a monthly trial balance, supporting management with all reports & information required, closing the accounts at the year-end and preparing the final Accounts and necessary year-end adjustments.
We provide internal audit as an outsourced and independent service to companies. With the view of investigating the internal control systems applied within certain company. Such investigation aims at making sure of and overseeing the following.
- Reliability and completeness of financial reports
- Applying the policies and procedures set for the organizational structure units
- Compliance with the state laws and regulations
- Improving the efficient and cost effective use of resources
- Safeguarding assets
In delivering internal audit services, we rely on the internal audit standards set by the Institute of Internal Auditors (The IIA), U.S.A. Our deliverables constitute the periodical reports submitted to our client board of directors. This is to ensure independence, including the problems identified as well as the solutions proposed.
Feasibility Studies, Company Formation & Business Valuation
Magdy Abdel Malek & Co. provide financial consultation to clients who require bank facilities to overcome financial difficulties or to expand their own business.
We provide advice to clients who are seeking assistance in management decisions; and we have succeeded in assisting companies to overcome managerial obstacles.
Moreover, we also provide attestation services related to Agreed Upon Procedures (AUP) Engagements. Where we perform specific procedures agreed upon with specific party. We report the factual findings of these procedures to this party.