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AWAJI

Alliott Group International

Awaji is a certified public accountants and an independent member firm of Alliott Group International established in Riyadh, Kingdom of Saudi Arabia in 2013 with a vision to grow globally and work as a first class professional services firm that provides distinguished quality of service to its clients.​

We are proud to provide integrated professional services to the highest international standards and contribute our part in the development of the audit profession in the Kingdom of Saudi Arabia and strengthen the standards of our customers.
 
Our concept of client service recognizes that a client expects top quality services performed by the very best people in the profession, through the varied disciplines and expertise our firm possesses in the kingdom of Saudi Arabia. We believe that the quality of services, as well as the team of professionals we propose for our clients will meet clients' expectations.
We believe that we are different. We listen to our clients and work hard. We hit the right balance of collaboration and objectivity, and we believe in candidness.
Alliott Group International has been established in the UK in 1979, and was one of the first international associations of independent accounting firms (at the time referred to as "networks"). The association (also referred to as the 'alliance') has reached a level of maturity, grown to 170+ accounting and law firm members in 70+ countries.

Alliott Group is a member of the European Group of International Accounting Networks & Associations (EGIAN) and is listed among the top international accounting networks and associations (Accountancy Age).

This 'first mover' advantage is indicative of the entrepreneurial, marketing-led culture that runs through the association to this day and that differentiates Alliott Group among the market place's 200+ law and accounting networks.
Events

Saudi Arabian Accounting Firm Joins Worldwide Alliance to Extend Reach to International Markets

LONDON 6 November 2016

AWAJI Certified Public Accountants has affiliated with leading international alliance (‘association’) of accounting and law firms Alliott Group and is now the alliance’s representative accounting firm member in Saudi Arabia. Membership of Alliott Group is part of the firm’s strategy to improve services to clients and continue recent strong growth, while retaining the firm’s independence and identity.
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Alliott awarded "Rising Star Association of the Year"

Awarded by the judging panel at the The Accountant & International Accounting Bulletin Conference and Awards in London, October 6, 2016, in what was described as "by far the most contested category of the year". 

International Professional Services Alliance of the Year

The awards, now in their 11th year, were the first of their kind in the global legal and financial publishing industry and are based on peer (reader) nominations following the receipt of detailed submissions from participants and extensive year-round research into the markets in all global regions.

Accountancy & Law Alliance of the Year in the Global Market

Our Finance Monthly "Accountancy & Law Alliance of the Year in the Global Market" award recognizes the benefits offered to clients and independent professional services firms by our international multidisciplinary grouping of law and accountancy firms. 
Our Advantage
AWAJI.
Our clients are our priority, hence we deploy an approach, which is not only moulded according to the client's need, but also helps them tackle their toughest obstacles by identifying the gaps, offering distinctive benefits. The advantage? Less time is spent on routine procedures, allowing more time on criticial areas of judgement and management concern of the firm.
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Saudi Arabia

Kingdom of Saudi Arabia

The Kingdom of Saudi Arabia is the largest country on the Arabian Peninsula. It is bordered by Jordan on the northwest, Iraq on the north and northeast, Kuwait, Qatar, Bahrain, and the United Arab Emirates on the east, Oman on the southeast, and Yemen on the south, with the Persian Gulf to its northeast and the Red Sea to its west.

It has an estimated population of 27.5 million, and its size is approximately 2,150,000 square km. Saudi Arabia is the world's leading petroleum exporter. Oil accounts for more than 90 percent of exports and nearly 75 percent of government revenues, facilitating the creation of a welfare state.

Saudi Arabia's official language is Arabic, but English is also used widely. Local time is GMT+3hours.

Saudi vision 2030

The Saudi authorities unveiled their much-anticipated “Vision 2030” plan, the kingdom’s blueprint for economic diversification over the medium to long term. Spearheaded by Deputy Crown Prince Mohamed Bin Salman and catalyzed by the fall in oil prices, the document outlines an ambitious 14-year strategy both to wean the kingdom off its oil dependency (by boosting non-oil revenues) and to place it on a more sustainable fiscal footing (by reining in rising state expenditures).
Saudi Arabia to require use of IFRS Standards in 2017 and IFRS for SMEs in 2018
IFRS Standards will be the financial reporting framework for all listed companies in Saudi Arabia starting in 2017, and the IFRS for SMEs will be the reporting framework for unlisted companies starting in 2018.
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The Road To Successful Implementation Of Vat In GCC
Governments in the GCC have time and again expressed their intention for implementing a VAT system in 2018 to diversify revenue streams, with a planned treaty providing an overarching framework.
When designing a new multi-country VAT model the EU is the first place to turn to for inspiration. That said, the GCC countries have been looking East too, and the VAT system is expected (contrary to the EU model) to be a low rate and wide base system—in common with more modern systems such as those found in Singapore, New Zealand, etc.

Most re­cently, Saudi Arabia has confirmed it has signed the treaty and that it plans to implement VAT in the first quarter of 2018. It is believed the others are not far behind, and both Oman and the U.A.E. have, in particular, confirmed their commitment a number of times.
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