"ASAB" offers a wide range of best accounting, auditing, taxation, financial and administrative consultation services, feasibility studies, Business plan, and other services to a wide range of clients. these services include:
- Assurance & Advisory including compilation and review assignments.
- Company Formation
- Internal Auditing
- Corporate Finance
- Financial and business Planning
- Forensic Accounting
- Forensic Auditing.
- IT Consultancy
- Management Consultancy
- Feasibility Studies
ASAB Follows the latest audit procedures in accordance with International Standards on Auditing, Assurance, and Ethics issued by the International Federation of Accountants (IFAC), and audit programs in place include auditing and evaluation of internal control system and testing of financial statements, and it is important to note that auditor's reports on financial statements are neither evaluations nor any other similar determination used to evaluate entities in order to make a decision, the report is only an opinion on whether the information presented is correct and free from material misstatements, whereas all other determinations are left for the user to decide .
Control Systems and Internal Control
Internal control is known as the process designed and implemented by those in charge of supervision and management and other personnel to provide reasonable assurance regarding the achievement of establishment goals with respect to the reliability of financial reporting, and the effectiveness and efficiency of operations, and compliance with applied laws and regulations, and based on that internal controls is designed and implemented to address specific work risks that threaten to achieve any of these goals.
Systems of internal control at the facility are studied and evaluated, which focuses on getting an understanding of the work environment, especially internal control system through the collection, updating and analysis of information during the audit process, in addition to assessing risks of material misstatement, as well as when performing risk assessment procedures can obtain audit evidence regarding categories of transactions or account balances or disclosures and evidence related, and information can be obtained through inquiries of management and those responsible for financial reporting, as well as staff of internal audit department - if any - and the staff of production and legal advisers and marketing staff.
Depending on the circumstances of the audit process there may be further discussions in order to facilitate the exchange of information on the sensitivity of an entity's financial statements for potential material misstatement, and thus correct the nature and timing of the audit procedures necessary.
Financial and Management Consulting and Tax
Studies and Research department in the office cares for providing the best services to companies and investors in the financial advisory and administrative and tax. For instance, we have an in-depth study of the market sale of new cars in Palestine, as well as for the preparation of financial and administrative systems for some large companies such as administrative organization of Nablus Crushers and contraction company "Abu Shosheh", and administrative and financial management of the Jundi Company for marble and granite – Bethlehem, and to Whiterose company for Food Industries - Nablus.
In the municipalities field ASAB designed the financial control system for the municipality of Qalqilya and audited its financial statements for the year 2005. We also audited the accounts of other large municipalities for the year 2012, such as the Municipalities of Anabta, Ellar, Beit Forik, Ya'bad, Marj Ibn Amer. Also we studied their existing financial systems and put recommendations and guidelines for the development and strengthening of their internal control systems.
ASAB is based on high levels of personal interaction between the partners and employees. ASAB's staff are very active in many areas of customer service, including:
- taxes, commitment and revenue, and communication with governmental bodies.
- implement procedures for accounting, management and monitoring.
- Consulting in salaries and wages procedures regulations.
- selection and application software and computer components.
- design management, budgets and strategic planning information systems software.
- Systems Development and evaluation of human resources.
- Designing of corporate, private and government bodies accounting procedures.
- confidential consulting on personal and family tax.