Who is the number 1 chartered accountant in Saudi Arabia?
There isn’t a single “number 1” chartered accountant in Riyadh & Saudi Arabia, as rankings among professionals in this field are not typically established. However, several highly reputable firms and individuals provide exceptional best chartered accountancy services in the region. Some of the top audit firms in Saudi Arabia include. SS&Co KSA, PwC and KPMG.
In the swiftly moving economy of Saudi Arabia where Vision 2030 is transforming industries and bringing clarity in every move, chartered accountants have become more than just number crunchers they are the fundamental part of any business today looking for financial stability. Be it tax compliance with ZATCA regulations, developing investor trust through clear financial reporting or assisting in budgeting and forecasting, they play a critical role for both local and global businesses. From assisting SMES to handling financial intricacies to supporting large scale businesses in major projects, chartered accountants are the backbone of smarter and more sustainable corporate in KSA.
When it comes to picking the most suited best accounting firm in KSA, SSCOKSA stands out above the rest. Being widely recognized as number 1 chartered accountant in Saudi Arabia, SS&CO offers a huge range of services that merge local expertise with international best understanding. This article further explains the expertise, benefits, and future roadmap of SS&CO, let’s have a look.
The Rise of SS&CO KSA
From its beginning in 2017, Sidra Salman & Co chartered Accountants (SS&CO) has built a reputation and as an innovative, modern and trusted financial advisor. With head office is Dubai and services across UAE, Saudi Arabia, UK and Pakistan, SS&CO KSA has served hundreds of businesses across different industries and regions. SS&CO’s vision is to be recognized globally as a leading firm delivering professional financial and advisory services. This mission is anchored in six core values—Collaboration, Leadership, Excellence, Respect, Inclusion and Diversity, Corporate Sustainability, and Ethics—which the firm credits as “The Foundation of SS&CO’s Success.”
With the leadership of Sidra Salman, the firm has offered top notch accounting and advisory services customized according to the unique needs of Saudi Market. Today, it has grown into one of the best accounting firms in KSA not just in terms of clientele but also in the scope and depth of its services. What sets SS&CO KSA apart from other firms is its dedication to offering clients with complete compliance with local legal laws such as Zakat and tax regulations under the ZATCA framework and a forward-looking approach aligned with Vision 2030. With over 500+ satisfied clients, 35+ expert accountants, SS&CO offers matchless experience to its customers, supported by decades of collective experience in finance, taxation, and risk advisory.
Expertise That Drives Results
SS&CO offers a wide range of services, specifically designed to address the unique complexities faced by present times businesses in Saudi Arabia. Their expertise involve:
- Corporate Tax Services: Comprehensive Corporate Tax services including registration, calculation, filing, and advisory services. Ensure full compliance with ZATCA regulations
- Zakat Compliance: Guidance related to calculation of Zakat, eligible businesses, and submission services that are developed for businesses of all scales.
- VAT Services: Assisting Companies in managing VAT registration, filing of returns and full regulatory compliance to avoid legal hurdles and penalties
- Audit and Risk Management: Complete support and Audit readiness, offering management possibilities with internal control systems.
- Financial Reporting and IFRS consulting: Deep Understanding of International Financial Reporting, helping foreign businesses and assuring global transparency.
- Business Advisory Services: Offering support in M&A, feasibility studies, restructuring business operations and due diligence.
- Bookkeeping and Accounting Services: Advanced Cloud based bookkeeping solutions for startups, SMEs and large-scale businesses
- Payroll Management: Effortless Payroll management, including accuracy in calculations, timely processing and legal compliance.
- Company Formation and Business Setup: Thorough support in starting businesses from planning and launching to licensing and PRO services
- ESR (Economic Substance Regulations) & Transfer Pricing: Offering business advice for cross-border compliance with OCED mentioned standards.
Benefits of Partnering with SS&CO KSA
Over years SS&CO has served multiple clients across various industries, their services are not bound to any specific industry, but it covers a wide range of sectors including hospitality, health care, oil & gas, retail, technology, ecommerce, education, transportation and manufacturing. Outsourcing with SS&CO means gaining more than just accounting services, it about hiring partner that help your business succeed. Key benefits of onboarding SS&CO services include:
- Local and Global Expertise: SS&CO KSA has a team of qualified chartered accountants with background in some of the major international firms. Therefore, they fully understand the local regulatory bodies and international finance practices.
- Client Focused Mindset: Custom made solutions, round-the-clock responsiveness and long-term partnerships to build strong relationships with customers.
- Technology Driven Services: Cloud based platforms and advanced ERP solutions that connect different departments at a time with access to real time dashboards from anywhere, anytime.
- Regulatory Confidence: With the in-depth expertise of Saudi legal laws and best accounting practices that assures that your business is always compliant and away from penalties
- Scalability Possibilities: No matter if you are a startup or multinational corporation looking for expanding opportunities, SS&CO provide tailored solutions according to your growth stage and needs.
SS&CO stands out as the outstanding accounting service provider, who facilitates businesses with unmatched services that empower them to not only comply with the law but to thrive and scale with confidence.
Future Roadmap: Innovation, Expansion, and Impact
With the aim to move towards innovative advancements, SS&CO has ambitious plans to expand its service offering, talent pool, and tech savvy capabilities in the recent coming years. Some of its future goal include:
- Adopting AI and machine Learning Tools: SS&CO has plans to further actively invest in AI-driven tools, automated compliance checks and predictive financial forecasting.
- Expanding Teams: Teams are also expected with over 150 professional accountants, having experience in both international and local markets
- Creating Regional Offices: To Serve clients across Kingdom SS&CO offers remote services but is also planning to establish new branches in Jeddah, Dammam and Khobar.
- Clients Portals and Fintech Solutions: Integration of fully digital portal to manage all client’s financial data with complete convenience.
- Sustainable Reporting Services: Because of the Growing demands of ESG reporting, SS&CO is working to offer assurance services that are aligned to meet the international sustainability standards.
With these future oriented initiatives SS&CO’s vision is to outshine competitors in financial excellence, making it number 1 chartered accountants in Saudi Arabia.
Why SS&CO is the Number 1 Chartered Accountant in Saudi Arabia
While looking for accounting services in KSA, businesses prefer to pick the best accounting firms in KSA, and SS&CO for all right reasons in Number 1 chartered accountant is Saudi Arabia. Why? Let’s have a look:
- Proven years of experience with both local and multinational firms
- Wide range of services covering audits, financial and advisory services
- Trust and Reputation built on ethical practices, confidentiality, and client-first policies.
- Visionary leadership that Keeps the firm ahead of legal and economic changes
- Well-recognized for brilliance in tax advisory and audit services by several industry bodies.
If you want to be potentially productive with your financial operations and wants rewarding outcomes, SS&CO is the right choice that you have been searching for. With reputable services, expertise across multiple industries, and client’s success stories that speak for itself, SS&CO has become undoubtedly the number 1 chartered accountant in Saudi Arabia.