Who is the number 1 accounting firm in Saudi Arabia?

While it’s difficult to definitively pinpoint a single “number 1” accounting firm in Riyadh, Saudi Arabia, SSCOKSA (Sidra Salman and Co) or SS&Co. KSA are consistently mentioned as top contenders, along with other major firms.

With the economic transformation in Saudi Arabia fueled by Vision 2030 and its goal to diversify economy beyond oil has boosted foreign investments and businesses. This has led to a surge in demand for high-quality financial and accounting services. KSA has some of the top-notch accounting firms to local competitive accounting players that have reshaped the business financial operations of KSA. Choosing the best suited firm can be difficult at times, it is important to choose a firm that has local expertise with international accounting understanding such as SSCOKSA (Sidra Salman and Co) who stands out as one of the top accounting firms in the Kingdom, offering comprehensive, reliable, and technologically advanced services to a wide range of clients.

Introduction to SS&Co (Sidra Salman and Co)

SS&CO KSA was founded with the mission to help businesses achieve their goals through top tier accounting and finance services. With a balance of global expertise and deep local understandings SS&CO offers a wide range of services, making it a preferred choice for companies operating in or entering the Saudi market. No matter if it is a family-run enterprise or a fast-scaling tech company, SS&Co’s team understands the unique financial and regulatory challenges specific to each sector. Their experience allows them to craft customized services that address sector-specific nuances.

Sidra Salman the founder and managing partner of SS&CO KSA, brings years of experience in finance, audit, and taxation, having worked with both local and international clients. Her vision for SS&CO was to create a firm that prioritizes client trust, transparency, and technical excellence. With hundreds of satisfied clients and more than a decade of experience SS&CO today has become one of the leading accounting Firms in not just KSA but also around GCC market.

Why SS&CO is a Top Choice for Businesses

Custom Made Solutions

SS&CO offer customized solutions for each industry and according to customer’s unique demands and challenges rather than one solution that fits all needs. Regardless of a company’s size SS&CO design solutions for Startups, SMEs and large enterprises according to their industry specific needs

Deep Knowledge of Local Regulations

SS&CO deeply understand the regulatory environment of Saudi Arabia and help achieve businesses complete compliance. From Zakat and VAT regulations to Saudi labor laws and GAZT compliance, SS&CO make sure that clients meet all statutory requirements.

Technology-Driven Approach

From latest accounting tools to automation software, SS&CO KSA offer cutting edge accounting services that are the demand of the modern day. It not just maximizes efficiency, increase productivity but also deliver real time insights to the clients which fosters smart decision making.

Ethical Standards and Transparency

Commitment and dedication are the utmost priority of SS&CO’s team, with the ethical conduct, confidentiality, and transparency, the firm-built trust among clients. It is one of the reasons why customers keep coming back to SS&CO for their accounting and finance services.

Client-Centric Philosophy

By emphasizing on what clients need the most SS&CO KSA built long term partnerships. Each customer is fully provided with care, responsiveness and support, which further adds value. This approach helps the clients to identify opportunities and keeps them away from risks that result in capital loss.

Highly Qualified Professionals

From ACCAs to CPAs, SS&CO has some of the top qualified accountants that are serving the accounting industry for more than a decade. They are not just skilled but also competitive enough to handle the accounting complexities of any business despite their size or industry. They also ensure that clients benefit from global best practices tailored to the Saudi context.

Comprehensive Range of Services Offered by SS&CO

Audit and Assurance Services

SS&CO KSA offers audit and assurance services to make sure that client’s financial data is on track, with accurate and reliable data that is aligned with both local and international practices some of these services include:

• Statutory Audits
• Internal Audits
• Risk Assessments
• Financial Statement Reviews
• Compliance Audits
• Forensic Accounting

With thorough testing and in-depth analysis, SS&CO helps elevate financial transparency and stakeholder confidence.

Accounting and Bookkeeping

SS&CO offers tech savvy tools and automation software to keep the client’s books accurate and managed properly. SS&CO’s Bookkeeping services include:

• Cloud-Based Bookkeeping
• Financial Reporting
• Management Accounts Preparation
• Accounts Reconciliation
• Year-End Closing Services
• Fixed Asset Management

With these services, businesses can build strong financial health and streamline routine financial operations.

Taxation and Zakat Services

As KSA’s Tax regulations evolve with time, SS&CO stay updated with the latest requirements and laws that are needed to be adhered to keep the company safe from fines, penalties and non-compliance. SS&CO’s taxation services offer:

• Zakat Compliance
• VAT Registration & Filing, Corporate Tax Advisory
• Transfer Pricing
• Withholding Tax Guidance
• Tax Dispute Resolution.

Their in-house experts stay updated on GAZT guidelines and help clients adapt to new requirements.

Business Advisory

SS&CO operates as a business partner by offering guidance in thoughtful decision making that help them drive growth and profitability. SS&CO’s business advisory services include:

• Feasibility Studies
• Financial Forecasting
• Business Valuation
• Mergers & Acquisitions Advisory
• Strategic Planning
• Market Entry Advisory for Foreign Investors

With practical insights and a forward thing approach, the firm supports companies to achieve their business goals for sustainability.

Payroll and HR Services

SS&CO KSA helps to calculate the wages accurately including the benefits and extra time payments and assure timely payment processing. Some of these services are:

• Payroll Processing
• HR Compliance
• Employee Compensation Structuring
• End of Service Benefits Calculations
• Saudization Compliance Support
• Employee Handbook Development

SS&CO KSA also make sure that companies fully comply with the labor laws and employment regulations to stay away from any legal hurdle.

CFO Services

For scaling businesses that need leadership level of support without hiring a full time CFO, SS&CO provide various CFO services like:

• Virtual CFO Services
• Financial Planning and Analysis
• Budgeting & Cost Control
• Investor Reporting
• Cash Flow Management
• Capital Raising Support

With detailed insight into cash management, funding options, and smart direction. SS&CO CFO services help businesses helps to improve financial standing and reputation of company.

ERP and Accounting Software Implementation

SS&CO helps clients in deploying right accounting solutions that fits the needs of the company. There ERP implementation services include:

• System Evaluation and Selection
• Implementation Support
• Staff Training
• Integration with Existing Systems

These solutions help to integrate and automate various business processes, improving efficiency, collaboration, and decision-making.

Benefits of Hiring SS&CO

Choosing SS&CO means choosing a partner that’s invested in your success not just today but tomorrow, and in the long-term future of Saudi Arabia’s dynamic economy. Some of the key benefits of why you should pick SS&CO include:

• Actionable insights that help businesses improve performance and future planning.
• Offers remote services for convenience and flexibility using cloud integration tools
• Monitors regulatory changes and proactively informs clients, making sure they’re always ahead of the curve.
• Scalability opportunities with growth plans and complete financial analysis.
• Competitively priced services as compared to international firms, without compromising quality.

With a proven track record for years, expert team, satisfied clients across various industries and forward-thinking methodology, SS&CO KSA is not just a service provider, but a trusted advisor and growth partner for every client it serves.