Distribution company

Records that agree, on ten million dollars a year of revenue.

Before

Unorganised records.

Ten million dollars a year in revenue, international customers, and receipts and contracts nobody had put in order.

After

Records ready for review.

Accounting records organised for review by a government auditor

Keybridge’s role

Review of the company’s accounting records

in revenue behind the records: $10M a year
receipts read against contracts: Records that agree

Receipts reconciled with contracts; accounting records organised for review.

Challenge

A distribution company turning over ten million dollars a year and selling to international companies. The owner expected a government audit and was not certain the receipts and the contracts would say the same thing.

Approach

Review of the company’s accounting records
Receipts and contracts put in order and read against each other
Previous filings and tax-payment evidence reviewed alongside the accounts

Bookkeeping & Filing

Outcome

The receipts and the contracts agree
Accounting records organised for review by a government auditor
The company is up to date with the authorities

Record

Sector: Distribution
Region: Kurdistan Region of Iraq
Engagement: Review and organisation of the records

Studies are anonymised. Clients are named only with written permission.

More impact

Fuel retail The certificates the tender asked for were issued and the tender was won. Read the study Oil and gas logistics The record became visible to the officials reading the bids. Read the study Pharmaceuticals Registered in Iraq from zero and trading in about six months. Read the study

Questions

Which records do you review?

Receipts, invoices, contracts, accounts, previous filings and tax-payment evidence. We compare the supporting documents with recorded revenue and taxes paid.

Can you work with incomplete records?

Yes. We review what is available and identify missing documents or unexplained differences. Your company helps clarify the transactions and supply missing evidence.

How does this help us prepare for a government audit?

We organise the records and identify gaps so they are easier to present and explain. The reviewing authority determines the audit findings.

Can the records support a buyer or bank review?

We can organise the agreed records around their document request. The buyer or bank may require additional evidence, including independently audited statements.

Are filings included?

Yes. Bookkeeping and filings are included in the service.

How do we arrange a review?

Tell us where the records are held and whether there is an audit request or deadline. We arrange the on-site review with your company.

Contact

Tell us which part of this project is relevant to your company and what you need to deliver. We will review your requirements and agree the scope before work begins.

Contact Keybridge

WhatsApp Telegram Email