, known as the Middle East Auditing (MEAD) -Kuwait, is an auditing, accounting and business-consulting firm, which has been offering personalized and professional services pertinent to Auditing and Accounting to clients in the State of Kuwait since 1980 with branches in Iraq and Qatar, in addition to other related services focusing on business solutions and development.
of audit functions shall be in compliance with the International Audit Standards
(IAS) and local regulations,
using up-to-date techniques, which are adopted consistently worldwide, including
necessary tests and
procedures to express our opinion pertinent to preparation of financial
statements in conformity
with the International Financial Reporting Standards (IFRS).
• International Audit
Standards require reasonable assurance about the financial statements, and
they are void of physical
and substantial errors. Nevertheless, our examination focuses on testing the
selected samples taken from
accounting records. In addition, we advise our clients of any misuse of power
and deviations that come to
our knowledge during audit works. More importantly, MEAD provides
the Management with recommendations
that improve decision-making process.
• We examine the
supporting proofs for the funds and notes displayed in the financial
statements, with evaluation
of adopted accounting principles, and the significant assessment set forth by
the Management, and evaluation
of the financial statements.
• Our activity includes
full recognition and understanding of the internal control necessary for
planning of audit process,
and determination of nature and timing of the procedures to be performed.
MEAD offers audit and accounting professional services to local clients and foreign companies conducting business in Kuwait.
MEAD advises companies on diverse financial and tax rules governing local commercial and industrial activities, and delivers tax consultation with positive solutions to save clients' interests.