Excellence through integrity

AIG Memsa Holdings – Accounting and Book-Keeping Outsourcing

September 20, 2024

About TAG Consulting

TAG Consulting is committed to providing exceptional outsourced accounting services, tailored to the needs of companies like AIG Memsa Holdings. Whether you require support for financial statement preparation, book-keeping, or compliance with US-GAAP and IFRS, our experienced professionals deliver high-quality, customized financial solutions to keep your business running smoothly.

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Client's Requirements & Objectives

  • Comprehensive Accounting Solutions: AIG Memsa Holdings required assistance with the preparation of quarterly and annual financial statements, ensuring compliance with both US-GAAP for internal reporting and IFRS for statutory purposes.
  • Outsourced Financial Support: The client needed an efficient outsourcing partner to manage ongoing general book-keeping activities and ensure accurate financial disclosures, allowing their internal teams to focus on core business operations.
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TAG Consulting's Approach

  • Financial Statement Preparation: TAG Consulting’s team took full responsibility for preparing AIG Memsa Holdings’ financial statements, meeting the dual requirements of US-GAAP for internal stakeholders and IFRS for external statutory purposes. Our in-depth understanding of both standards ensured full compliance and accuracy in financial reporting.
  • Book-Keeping Outsourcing: We implemented a seamless general book-keeping system, managing AIG Memsa Holdings’ day-to-day financial transactions, including entries for expenses, revenues, and payroll. Our system was designed to meet the specific needs of their operations, ensuring data integrity and transparency
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What We Delivered

Through our Accounting & Book-Keeping Outsourcing Services, TAG Consulting ensured that AIG Memsa Holdings had access to accurate, timely, and compliant financial reporting. We managed all aspects of their general book-keeping, providing them with a reliable foundation to support their financial decision-making processes.

Results & Achievements

  • The accurate and timely preparation of quarterly and annual financial statements allowed AIG Memsa Holdings to meet both internal reporting requirements (US-GAAP) and external statutory obligations (IFRS), without missing any critical deadlines.
  • By outsourcing general book-keeping, AIG Memsa Holdings was able to reduce the burden on their internal teams, freeing them up for more strategic tasks, resulting in greater operational efficiency and improved financial oversight.
  • TAG Consulting’s solutions contributed to enhanced financial transparency, better compliance with regulatory requirements, and increased focus on core business activities for the client.

Our Services

We specialize in delivering customized solutions that meet the unique needs of our clients.

01

Trainings & Skills Development

We offer hands-on training programs to enhance your team’s skills, from technical expertise to leadership, covering a wide range of essential workplace and professional development topics.

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Support your business Intelligence Company in Pakistan with accurate, flexible financial Development Services models for strategic planning, investment analysis, and decision-making, customized to align with your unique goals.

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Business Assurance & Risk Management

Protect your business in Pakistan with our services, including internal audits, financial reporting, compliance checks, and commitment to industry standards.

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Business Performance Optimization

Through data analytics, we assist businesses in Pakistan by providing customized solutions to improve decision-making, optimize performance, and boost growth while staying competitive in the market.

05

VAT Consultancy

We guide businesses in Pakistan with VAT registration, filing, and compliance, smooth navigation of the tax system, and minimizing risks and penalties through expert advice.

06

Business Process Outsourcing (BPO)

Our BPO services help businesses simplify operations like accounting services, HR, and payroll management, ensuring compliance and allowing you to focus on core growth activities.

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Financial Advisory & Management Consultancy

Maximize your business potential in Pakistan with expert financial advisory services, including feasibility studies, due diligence, and strategic financial planning to support complex transactions.

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Trusted by Industry Leaders Across the Pakistan

From finance and healthcare to manufacturing and technology, our expertise spans across multiple sectors. We understand the unique challenges of each industry and deliver customized strategies that enhance performance and ensure compliance with regional standards. Our commitment to excellence has earned us the trust of leading businesses across the pakistan and Gulf region, making us a go-to partner for organizations seeking to achieve their business goals.

Clients Testimonial

TAG Management Consulting has been in the service sector for over a decade and has served some of the most renowned brand names of world over.

"The tailored financial advisory services offered by TAG have greatly improved our decision-making processes. Their expertise in VAT consultancy and compliance has been a critical factor in our operational success."

DP World

"TAG’s business assurance services have been instrumental in improving our risk management framework. Their deep industry knowledge and ability to offer practical solutions have elevated our operational standards."

Sharjah Electricity & Water Authority (SEWA)

"TAG’s ability to provide tailored accounting solutions streamlined our processes, allowing us to focus on key growth areas. Their support has been invaluable to our financial management team."

Etihad Airways

"TAG Consulting’s comprehensive audit services have helped us maintain compliance with stringent regulations while enhancing operational efficiency. Their team’s professionalism and attention to detail are truly commendable."

Dubai Islamic Bank

"TAG’s expertise in financial and operational reporting has been an asset to our operations. Their ability to provide detailed insights while ensuring accuracy in accounting processes has significantly improved our financial transparency."

Al Futtaim Group

"The staff secondment services provided by TAG were exactly what we needed to support our Accounting and Finance department. Their qualified professionals seamlessly integrated into our team, helping us meet critical project deadlines with ease."

Al Jomia Energy & Water

"TAG’s work in re-evaluating and upgrading our budgeting models provided us with enhanced clarity and efficiency. Their efforts in automating our accounting systems were invaluable, streamlining our operations and preparing us for future growth."

Engineering Associates

"TAG’s re-evaluation of our budgeting models and their upgrade of our accounting systems were a game changer. They provided a holistic view of our business, helping us to strengthen our offshore market share and improve internal operations."

Al Ain Mineral Water Company (P.J.S.C.)

"TAG's financial feasibility study for our agricultural investment project in Pakistan was critical to our decision-making process. Their financial modeling and projections gave us a clear understanding of the potential outcomes, making it easier to move forward with confidence."

Madar Holding

"TAG’s recruitment support was impeccable. From advertising to shortlisting and interviewing, they provided top-tier candidates that perfectly matched our requirements. Their hands-on approach ensured we secured the best talent for our needs."

Emirates Foodstuff and Mineral Water Company (AGTHIA)

"The expertise of TAG’s team, particularly in staffing our Finance & Accounting division during critical times, was instrumental. They perfectly complemented our knowledge base and provided much-needed support for the ERP implementation. Their professional support has been invaluable for our operations."

Agthia Group

TAG’s accounting and bookkeeping outsourcing services were nothing short of exceptional. Their attention to detail, combined with their knowledge of US-GAAP and IFRS, ensured that our quarterly and annual financial statements were accurate and timely. They’re a valuable partner for any accounting needs."

AIG Memsa Holdings

"TAG's professional staff deputation was key in balancing our Finance & Accounting division’s workload. Their expertise, especially in SOX compliance, ensured a smooth and effective implementation process, exceeding our expectations."

Al-Dahra Agricultural Company U.A.E

"TAG’s commitment to excellence was evident in their work on our HR and Operations Manuals. Their attention to detail ensured alignment with our corporate policies, setting the foundation for improved efficiency across all our divisions. We were impressed with their thorough evaluation of our Environmental Services Division as well, which provided crucial insights for operational improvements."

AIMS Group L.L.C.

"TAG Consulting demonstrated exceptional professionalism in compiling our financial statements across various entities, ensuring timely delivery for external audits. Their deep understanding of both local and international portfolios made the process seamless and highly efficient. We highly recommend their services for financial management needs."

ACWA Power Group

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