Fama Accounting Services, Office 2294, Building 574 Road 31 Block 611 Al Hamriya, Bahrain
Fama Accounting Services, Office 2294, Building 574 Road 31 Block 611 Al Hamriya, Bahrain
Financial reporting is the structured presentation of your business’s financial health over a given period. These reports don’t just summarize numbers—they reflect your credibility, decision-making quality, and regulatory standing.
In Bahrain, financial reporting is especially critical for:
Meeting Bahrain Commercial Law requirements
Complying with IFRS standards
Submitting audit-ready statements
Aligning with VAT and NBR filing frameworks
Securing bank loans or attracting investment
We offer comprehensive financial reporting services in Bahrain that keep your business transparent, tax-compliant, investor-ready, and growth-focused.
We support monthly, quarterly, and annual financial reporting, tailored to your structure, goals, and regulatory needs.
Profit & Loss Statement (Income Statement)
Balance Sheet (Statement of Financial Position)
Cash Flow Summary
KPIs (e.g., gross margin, burn rate, receivables aging)
Budget vs. Actual variance analysis
Management commentary and recommendations
Board packs with visuals, commentary, and trends
Segment or branch-level profitability analysis
Investor-ready summaries
Forecast updates and strategic notes
Cash runway and liquidity dashboard
Full IFRS-compliant financial statements
Statement of changes in equity
Notes and disclosures
Fixed asset schedules and depreciation reports
Tax and VAT reconciliations
Audit support and ledger reconciliations
We serve a range of clients, including:
| Business Type | Why They Use Our Reports |
|---|---|
| Startups & Tech Companies | Investor pitch decks, burn rate, runway forecasts |
| SMEs | Monthly decision-making, board and tax compliance |
| Retail & F&B Chains | Outlet profitability, margin tracking, daily sales roll-ups |
| Clinics & Healthcare | Cost center breakdowns, insurance receivables tracking |
| Construction Firms | Project-level cash flow and cost tracking |
| NGOs & Donor-Funded Orgs | Fund reporting, grant compliance, audit-ready financials |
Our reports are built with compliance at the core, ensuring seamless alignment with:
Accurate treatment of revenue (IFRS 15)
Lease reporting (IFRS 16)
Asset management (IAS 16)
Tax provisions (IAS 12)
Full disclosures and policy statements
Trail-ready ledgers and reconciliations
Monthly balance tie-outs
Working paper preparation
Real-time query support for external auditors
Input/output VAT alignment
Category-based revenue and purchase tracking
Period-wise VAT return reconciliation
Refund tracking and documentation
Whether you’re getting audited or not—your reports should be clean, consistent, and credible. That’s what we deliver.
📊 Clear visual summaries
📋 Easy-to-understand formats for non-finance leaders
📈 Period-to-period comparisons
🔎 Commentary on risks, trends, and anomalies
🧾 VAT-ready and audit-aligned schedules
📁 Secure, cloud-based access to reports anytime
Client: A 3-branch F&B business in Manama
Need: Couldn’t track cost trends or profitability by location
Solution:
Set up monthly reporting by branch
Added KPIs like food cost %, labor %, and net margin
Delivered visuals + commentary for monthly leadership review
Result:
✅ 23% reduction in waste & cost leakage
✅ Identified low-performing menu items
✅ Improved P&L visibility led to smarter growth planning
| Package | Monthly Rate (BHD) | What’s Included |
|---|---|---|
| Basic Monthly Reporting | 100 | P&L, balance sheet, cash flow, monthly commentary |
| Advanced Quarterly Pack | 150 | Full board reporting, KPIs, visuals, analysis |
| IFRS Annual Statements | 250–500/project | Full IFRS statements, disclosures, audit-prep reports |
| Custom Reporting Suite | On request | Consolidated, group-level, segment-based reporting |
Discounts available for bundled accounting + reporting services.
We work with:
Zoho Books / Zoho Analytics
QuickBooks Online / Desktop
Tally ERP 9
Xero
Odoo
Custom Excel & Google Sheets dashboards
Cloud sharing platforms (Drive, Dropbox, OneDrive)
Whether you’re using software or Excel, we build and deliver reports your team can understand and act on.
✅ IFRS + VAT-compliant reporting
✅ Tailored reports for investors, boards, auditors, and lenders
✅ Industry-specific KPI dashboards
✅ Faster audits, better funding presentations
✅ Clear monthly insights, not just year-end panic
✅ Save 10–15 hours per month vs. building reports in-house
We don’t just generate reports—we empower business owners, founders, CFOs, and managers with actionable clarity, compliance, and confidence. Here’s why companies across Bahrain trust us with their financial reporting:
Our reports are built on globally recognized International Financial Reporting Standards (IFRS) and customized to comply with Bahrain’s VAT laws and the National Bureau for Revenue (NBR) requirements. We ensure accurate revenue recognition, asset treatment, and disclosure practices—so you’re always audit- and tax-ready, with no risk of non-compliance.
You stay focused on running your business—we handle the technical side of compliance.
Whether you’re preparing for a board meeting, seeking investment, or facing an external audit, our financial reports are presentation-ready. We structure each report with professional visuals, narrative summaries, and explanatory notes to make your numbers clear—even for non-finance stakeholders.
You’ll never feel unprepared in front of investors or decision-makers again.
We don’t believe in one-size-fits-all. Your reports come with custom KPIs based on your business model, such as:
Food cost % and labor % for restaurants
Patient revenue and insurance receivables for clinics
Inventory turnover and product margins for retailers
Project cash flow and job costing for construction firms
CAC, LTV, burn rate, and runway for startups
You see what matters—nothing more, nothing less.
Our reports are structured with audit-readiness in mind. We reconcile ledgers, prepare supporting schedules, and organize data trails—so when auditors or due diligence teams arrive, you’re already ahead.
Clients working with us typically report:
30–50% faster audit completion
Fewer queries and back-and-forth
Higher confidence from auditors and investors
Audits and investor reviews go smoother, faster, and with fewer headaches.
Most businesses only look at financials once a year—by then, it’s too late to adjust. With our monthly reporting, you get real-time insights into:
Rising costs or cash burn
Underperforming departments
Budget overruns
Seasonal sales trends
Liquidity or VAT shortfalls
Fix problems early. Double down on what’s working. That’s the power of monthly visibility.
Building reports manually from Excel or patchy bookkeeping takes time—and often delivers inconsistent or unclear results. We automate, clean, and structure your data into usable, decision-ready reports.
What you save:
Time spent formatting and checking data
Late-night scrambling before board meetings
The stress of wondering whether your numbers are reliable
The cost of correcting avoidable mistakes
Focus on your business—not spreadsheets. We’ve got the reporting handled.
Minimize risks and maximize growth with our comprehensive accounting solutions in Bahrain.
Below is an overview of our general pricing packages for our suite of services in Bahrain. Costs vary depending on factors such as the services we offer.
Read some reviews and success stories from our loyal customers who achieved their goals and how our expert solutions have made a lasting impact on their growth, compliance, and financial clarity. Your success is our greatest achievement!
Client
I am so happy to have chosen this company! Right from the start it was a very easy decision, I knew I am in the right hands. They contacted me with every update they had and always kept me up to date with all the information and steps that we will proceed next.
Client
Highly recommend for anyone looking to establish a company in Bahrain! Waqas Akram and his team made the entire process smooth and stress-free. They were incredibly knowledgeable, responsive, and handled every detail with professionalism.
Client
The team was highly professional, efficient, and knowledgeable. They ensured that all paperwork and procedures were handled smoothly, saving us both time and effort. I highly recommend their services to anyone looking out there.
Client
Abdullah and the team have been great in assisting me with related tasks. In challenging timeframes they've supported me to ensure our company operations can start in Bahrain without any issues. Thank you. I will recommed their services.
Client
I was extremely impressed with their services. Their expertise made everything smooth and hassle-free. I highly recommend Setup in Bahrain for anyone looking for their business here. Their professionalism and commitment to customer satisfaction are top-notch.
With years of experience and a highly qualified team, we bring unmatched expertise and in-depth knowledge of Bahrain’s financial landscape to every service we provide.
We don’t just generate reports—we empower business owners, founders, CFOs, and managers with actionable clarity, compliance, and confidence. Here’s why companies across Bahrain trust us with their financial reporting:
Our reports are built on globally recognized International Financial Reporting Standards (IFRS) and customized to comply with Bahrain’s VAT laws and the National Bureau for Revenue (NBR) requirements. We ensure accurate revenue recognition, asset treatment, and disclosure practices—so you’re always audit- and tax-ready, with no risk of non-compliance.
You stay focused on running your business—we handle the technical side of compliance.
Whether you’re preparing for a board meeting, seeking investment, or facing an external audit, our financial reports are presentation-ready. We structure each report with professional visuals, narrative summaries, and explanatory notes to make your numbers clear—even for non-finance stakeholders.
You’ll never feel unprepared in front of investors or decision-makers again.
We don’t believe in one-size-fits-all. Your reports come with custom KPIs based on your business model, such as:
Food cost % and labor % for restaurants
Patient revenue and insurance receivables for clinics
Inventory turnover and product margins for retailers
Project cash flow and job costing for construction firms
CAC, LTV, burn rate, and runway for startups
You see what matters—nothing more, nothing less.
Our reports are structured with audit-readiness in mind. We reconcile ledgers, prepare supporting schedules, and organize data trails—so when auditors or due diligence teams arrive, you’re already ahead.
Clients working with us typically report:
30–50% faster audit completion
Fewer queries and back-and-forth
Higher confidence from auditors and investors
Audits and investor reviews go smoother, faster, and with fewer headaches.
Most businesses only look at financials once a year—by then, it’s too late to adjust. With our monthly reporting, you get real-time insights into:
Rising costs or cash burn
Underperforming departments
Budget overruns
Seasonal sales trends
Liquidity or VAT shortfalls
Fix problems early. Double down on what’s working. That’s the power of monthly visibility.
Building reports manually from Excel or patchy bookkeeping takes time—and often delivers inconsistent or unclear results. We automate, clean, and structure your data into usable, decision-ready reports.
What you save:
Time spent formatting and checking data
Late-night scrambling before board meetings
The stress of wondering whether your numbers are reliable
The cost of correcting avoidable mistakes
Focus on your business—not spreadsheets. We’ve got the reporting handled.
Financial reports are not just about historical data—they’re about enabling action. Without monthly or quarterly reports, leaders are left guessing:
Is your marketing spend actually generating ROI?
Is your team profitable, or just busy?
Are there hidden cost leakages you’re overlooking?
What happens if sales dip 15% next quarter?
Our reporting services are built to answer these questions proactively, giving you the confidence to hire, cut costs, invest, or pivot based on facts—not assumptions.
Operating in Bahrain means navigating:
Commercial Companies Law
NBR VAT requirements
Wage Protection System (WPS) compliance
GOSI payroll disclosures
IFRS accounting standards
Our reports are fully localized to Bahrain’s frameworks—so you’re always compliant, audit-ready, and aligned with regional expectations. Whether you’re preparing for a Ministry of Industry & Commerce filing, tax audit, or bank review, we ensure your reports hold up under scrutiny.
Cash flow problems often show up after it’s too late. Monthly reporting gives you the ability to:
Predict upcoming shortfalls
Delay or renegotiate supplier payments
Time marketing or CapEx spend intelligently
Track receivables aging to follow up earlier
Ensure VAT payments are covered before deadlines
We include real-time cash flow summaries with each monthly report—so you’re never caught off guard again.
Investors want clean numbers—but more than that, they want clarity. We deliver investor-grade reporting with:
12–24 month historical performance
Cohort-based or revenue-segmented trends
Unit economics (CAC, LTV, payback period)
Financial modeling for next-stage forecasting
Commentary on growth drivers and risks
We also support integration with your pitch deck or data room, making it easier to close deals and attract funding.
Have more than one location, department, or legal entity? We help you manage reporting complexity with:
Branch-level profit and loss comparisons
Consolidated financial statements across entities
Intercompany transactions and eliminations
Group-level dashboards for top-down oversight
Whether you operate 2 clinics, 5 restaurants, or 10 retail branches—we help you see the full picture and the performance of each part.
Not all expenses are created equal. We tag and track your costs by center—so you can pinpoint:
Overspending in specific departments
Non-performing services or product lines
Profitability by staff, client, or campaign
Marketing spend vs. revenue results
Our reporting services go beyond what your accounting software shows—we dig deeper into how your money is actually working.
You don’t have time to sort through spreadsheets. That’s why we deliver:
Mobile-friendly, real-time dashboards
Live metrics: revenue, expenses, margin, cash-on-hand
Visualizations for trends, forecasts, and alerts
Tools built in Zoho Analytics, QuickBooks, Excel, Google Sheets, or your ERP
You get clarity at a glance—available on your phone, in your email, or during your monthly review call.
Applying for a business loan or working capital facility? Banks in Bahrain typically ask for:
2–3 years of financial statements (IFRS-aligned)
Latest P&L and balance sheet
Cash flow statement
VAT and GOSI compliance
Audit or review report (if applicable)
We create bank-ready reporting packs that speed up approval and reduce back-and-forth with credit departments.
Audits don’t have to be stressful. We provide:
Year-end closing support
Audit schedules (receivables, fixed assets, payroll, etc.)
Pre-audit clean-up of mispostings or outdated balances
Disclosure preparation (as per IFRS standards)
Working paper organization and tagging
If you want a frictionless audit, we make sure you’re prepared months in advance—not weeks after panic hits.
Your past performance matters—but your future visibility matters more.
We offer forecasting services linked directly to your reports, including:
Sales and revenue projections
Monthly/quarterly cash flow forecasts
“What if” scenario planning
Expense sensitivity analysis
Profit vs. cash modeling
This turns your reports from static summaries into living business plans—backed by logic, not guesses.
Yes. Bookkeepers record data—we translate it into actionable reports with strategic value.
Absolutely. We specialize in preparing audit-ready IFRS reports, disclosures, and support documentation.
Yes. Our reports align with NBR’s VAT requirements, making your returns easier and cleaner.
Yes. We can build reports from Excel or help you migrate to software if you’re ready.
We send reports via secure cloud links, client portals, or email—whatever works best for your team.
Yes. We tailor all KPI dashboards and summary reports to your business model and goals.
Yes. We serve clients across Bahrain and GCC fully remotely or hybrid.
Yes, all our financial reports are prepared in full compliance with International Financial Reporting Standards (IFRS), including required disclosures, proper revenue recognition, and asset treatment based on the latest applicable standards.
Absolutely. We tailor reporting for early-stage businesses with simplified models, projections, and investor-focused financials like burn rate, CAC, and runway tracking—even before full revenue cycles begin.
We provide multi-branch and department-level reporting, so you can view both consolidated and individual performance for each outlet, team, or brand under your umbrella.
Yes. While our core service focuses on reporting, we also offer financial modeling as an add-on—perfect for budgeting, forecasting, fundraising, or preparing “what-if” scenarios.
Depending on your data quality and systems, we typically deliver your first monthly report within 5–10 working days of onboarding.
Yes. We often collaborate with in-house teams, adding strategic structure, consistency, and analysis to your raw accounting data.
Definitely. Our reports are used by CEOs, GMs, and finance heads in monthly reviews, board meetings, and investor updates to track business health and performance.
Yes. Your reporting package is completely flexible and scalable—we’ll update KPIs, segments, or formats as your priorities change.
We work with Zoho Books, Zoho Analytics, QuickBooks, Xero, Tally, Odoo, and Excel/Google Sheets, depending on your current system or preferences.
We offer monthly, quarterly, and project-based packages. Many clients begin with a quarterly pack and then scale to monthly once they see the value.
Yes. If your past reports were inconsistent or missing, we can go back and rebuild financial reports for previous periods using your records.
Our default reporting is in English, but we also offer Arabic summaries or bilingual formats if needed for board meetings or presentations.
Yes. We offer real-time and interactive dashboards, so you can view your KPIs, trends, and cash flow in a visual format from any device.
We use multi-step reconciliations, cross-validation of ledgers, and a review process to ensure all numbers are accurate, consistent, and audit-ready.
Absolutely. Our reports are structured to be professional, credible, and presentation-ready—ideal for loan applications or funding discussions.
Yes. Our monthly and quarterly reports include budget vs. actual analysis, along with commentary that helps with financial planning.
Yes. We include executive commentary that flags performance drops, spending anomalies, or cash concerns—so you can act before it’s too late.
Yes. All our monthly and quarterly plans include a review call or video walkthrough, so you understand the results, not just receive them.
Our annual pack includes full IFRS-compliant financial statements, year-end reconciliations, audit schedules, and optional filing support.
Absolutely. We specialize in pre-audit reporting, helping you clean up ledgers, generate year-end schedules, and answer auditor queries confidently.
Yes. We work closely with several local and international audit firms and structure all reports to be 100% auditor-ready and aligned with IFRS.
Yes. We can report by cost center, service line, location, project, or revenue stream—giving you deep insights into performance.
Bookkeeping is about recording. We focus on clarity, insight, and strategy. Our reports help you understand what’s happening and what to do next—making us a partner in your business performance, not just your compliance.
Minimize risks and maximize growth with our comprehensive accounting solutions in Bahrain.
With a reputation for precision, and excellence, we are here to support your business growth while ensuring compliance with Bahrain’s financial and regulatory standards.
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Accounting, VAT, & Audit Services by famabh