IFRS Annual Accounts · Audit-Ready · ZATCA & Bank Accepted

Financial Statements Preparation Saudi Arabia

IFRS-compliant annual financial statements for Saudi companies — complete P&L, balance sheet, cash flow, and disclosure notes for auditors, ZATCA, and bank submissions.

Financial statements preparation Saudi Arabia IFRS
Annual Financial Statements

A complete set of IFRS-compliant financial statements is the core deliverable of every accounting year — required for external audit, ZATCA Zakat and CIT submission, bank financing, MISA annual reporting, shareholder meetings, and management decision-making. Yet preparing financial statements that are both technically correct under IFRS and presented clearly is a significant undertaking that most Saudi SMEs lack the in-house expertise to execute well.

Intelli Solutions prepares full IFRS financial statements for Saudi companies — from the statement of financial position, income statement, and cash flow through to all required disclosure notes — in a format accepted by SOCPA auditors, ZATCA, Saudi commercial banks, and international investors.

What's Included in Our Financial Statements

Statement of Financial Position

IFRS-compliant balance sheet with current/non-current classification, proper presentation of equity reserves, and full reconciliation to the trial balance.

Income Statement & OCI

Statement of profit or loss with gross profit analysis, operating expenses, finance costs, and Zakat/tax charge — plus other comprehensive income where applicable.

Cash Flow Statement

Indirect method cash flow statement with operating, investing, and financing activities — required by IFRS and essential for bank lending analysis.

Statement of Changes in Equity

Movements in share capital, retained earnings, statutory reserves, and other equity components — required for shareholder reporting and dividend planning.

Disclosure Notes

Full IFRS disclosure notes covering accounting policies, estimates, financial instruments, related parties, commitments, and all standard-specific disclosures.

Audit Support File

Organised working papers underlying each financial statement line — the audit support file that minimises external auditor information requests and reduces audit fees.

By the numbers

Financial Statements Preparation Saudi Arabia — Key Facts

5 statements
Complete IFRS set
Bilingual
Arabic & English
ZATCA accepted
Zakat/CIT submission
Audit-ready
With full working papers
FAQ

Frequently Asked Questions

For a straightforward LLC with well-maintained books, we can prepare the financial statements within 2–3 weeks of year-end. For businesses where the underlying accounting records need clean-up or where complex IFRS standards (IFRS 15, 16, 9) apply, allow 4–6 weeks. Engaging us for audit preparation before year-end significantly reduces this timeline.
ZATCA requires key financial data in Arabic for Zakat and CIT filings. For external audit, the auditor's report is typically in Arabic (as the statutory language in Saudi Arabia). MISA accepts financial statements in either English or Arabic. We prepare bilingual financial statements as standard — ensuring all regulatory requirements are met while remaining readable for international shareholders and lenders.
Related Services

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Need Your Saudi Annual Accounts Prepared?

IFRS-compliant, bilingual, audit-ready. Delivered within 3 weeks for most SMEs. Free assessment.

SOCPA ApprovedZATCA CompliantFree ConsultationEst. 2010