Accounting & Bookkeeping in Iraq

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Reliable records connect daily transactions, project decisions and statutory reporting. ASHUR supports foreign branches and entities with accounting processes suited to their Iraq operating requirements. We agree the reporting timetable, responsibilities and supporting records before work starts.​

Monthly transaction processing, ledger maintenance and reconciliations supported by a clear reporting timetable.​

Accounting records and supporting schedules organized around the entity’s applicable Iraq requirements.​

Review and reconciliation of the underlying accounts, financial-statement preparation and supporting schedules within the agreed scope.​

Clear financial information for management review, with outstanding items and material differences visible.​

Evidence files, reconciliations and schedules that support an independent auditor’s work. This service does not replace an independent audit.​

Revenue, costs and balances considered alongside the relevant contracts, projects and billing records.​

Local accounts reconciled with head-office and intercompany records, with differences documented for review.​

Traceable schedules rebuilt from available evidence, recording assumptions, missing support and unresolved items.​

Accounting information coordinated with tax and payroll work so reporting and compliance records can be reconciled.​ 

When records are incomplete or spread across projects and systems, the task is to establish a position that can be traced back to evidence.

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Map transactions to source documents and review the underlying contracts and billing records. Identify what each record supports.

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Reconcile the available bank records with the ledger and explain timing differences, unmatched items and missing evidence.

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Review revenue, expenses and balances across project schedules, local records and head-office entries. Unsupported items remain separately identified.

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Prepare traceable annual schedules from available records, documenting their sources, assumptions, reconciliations and limitations.

The resulting record supports management review, statutory reporting and audit preparation. It does not replace independent audit work or guarantee authority acceptance.

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International Energy Services Company

Review and reconciliation of accounting records, preparation of the financial statements and completion of the supporting financial schedules.

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Tax & Tax Controversy · Filed Is Not Final

Discuss an Accounting Requirement