Financial Statements Preparation for Tax Purposes

(In accordance with the Iraqi Unified Accounting System)

We prepare company financial statements in full compliance with the Iraqi Unified Accounting System for tax calculation and reporting purposes.

Our service ensures that your financial data is properly organized and aligned with local tax requirements.

We help businesses meet their tax obligations with accurate, clear, and compliant financial statements, reducing risks and ensuring smooth dealings with tax authorities.

Financial Statements Preparation in Accordance with IFRS

We prepare company financial statements in compliance with International Financial Reporting Standards (IFRS), ensuring accuracy, transparency, and international consistency.

This service is suitable for companies that require internationally recognized financial reports for shareholders, partners, banks, or external audits.

Our service includes:

• Balance Sheet

• Profit & Loss Statement

• Cash Flow Statement

We help businesses present reliable financial information that meets global standards and supports informed decision-making.

Accounting Consulting & Effective Solutions

We provide professional accounting consulting and practical financial solutions tailored to your business needs.

Our goal is to help you improve financial performance, ensure compliance, and make better business decisions.

Our consulting services include:

• Accounting system review and improvement

• Financial analysis and reporting support

• Cost control and efficiency solutions

• Guidance on accounting standards and best practices

We work closely with businesses to deliver clear, effective, and reliable accounting solutions that support growth and long-term stability.

Payroll, Social Security & Personal Income Tax Services

We provide comprehensive payroll services, including the calculation of social security contributions and personal income tax, fully in accordance with Iraqi laws and regulations.

Our services ensure that employee salaries, deductions, and employer obligations are accurately calculated and properly documented.

This service includes:

• Payroll preparation and salary calculations

• Social Security contributions calculation

• Personal Income Tax calculation

• Compliance with Iraqi labor and tax laws

We help companies remain fully compliant and maintain a proper legal standing regarding employee payroll, social security, and income tax obligations.

Withholding Tax Tracking & Compliance Services

We provide professional support in tracking and managing withholding tax obligations in full compliance with Iraqi laws and regulations.

Our services help companies stay organized and compliant with tax authorities across a wide range of business activities.

This service includes:

• Tracking and reconciliation of withholding tax

• Follow-up on Personal Income Tax and corporate tax obligations

• Tax compliance related to government contracts

• Monitoring domestic and international fund transfers

• Follow-up of imported goods transfers through the Central Bank of Iraq platform

• Support for all commercial and service-related business activities

We assist companies in maintaining accurate tax records, ensuring compliance, and managing complex financial and regulatory requirements with confidence.

Accounting System Setup & Management Services

We design and build complete accounting systems tailored to each client’s specific business needs. Our service includes implementing the right accounting structure, assigning qualified accounting staff, and managing all accounting records efficiently.

This service includes:

• Designing and implementing a full accounting system based on client requirements

• Assigning qualified accounting professionals to manage records and files

• Recording all daily journal entries accurately

• Preparing periodic accounting reports (monthly, quarterly, and annual)

• Issuing management and financial reports that support informed decision-making

We work with leading accounting and ERP systems, including:

• QuickBooks

• Odoo

• SAP Business One

• Microsoft Dynamics

• And other accounting systems

Our goal is to provide companies with reliable accounting systems that enhance control, transparency, and strategic business decisions.

Get in Touch

If you are interested in any of our services, please contact us via the email addresses below and let us know the services you require.

yasir.qassab@decconsultancy.com
finance.op@decconsultancy.com
Our team will review your request and provide you with a detailed quotation tailored to your business needs.

We look forward to supporting your business with professional and reliable accounting solutions.