The transformation from cash basis to accrual basis is considered a strategic step, and it is a project adopted by the Ministry of Finance. This aims to enhance the quality of financial reporting, improve transparency in the public sector to keep up with various operations. Maras Certified Public Accountants have implemented transformation projects, post-transition sustainability, and the preparation of policies and procedures for government entities. Other Related Services:
• Financial Statements and Related Disclosures according to the International Public Sector Accounting Standards (IPSAS)
• Gap Analysis Report.
• Preparing Accounting Policies and Procedures Guideline for the Government Entity in Compliance with Ministry of Finance Requirements.
• Review of the Entity's Current Policies and Procedures and Their Alignment with the Ministry of Finance Requirements.
• Transformation of the Entity from Cash Basis to Accrual Basis.
• Inventory and preparation of an asset register.
• Providing sustainability services and managing.
• accounts after the transformation phase.
• Performance evaluation reports that provided to management.