Our Location: Silo Street # 3 Silo, Behinde District 3, Kabul Afghanistan

OVERVIEW:

about usFanoos Accounting Services Hereafter (FAS) was established in May 2011 registered with Afghanistan Investment Support Agency (AISA) with the license No. D-38481 also registered with Ministry of Education (MoE) License No. 1413.

FAS under the leadership of Mr. Aman Ahmadi founder and CEO, Managed to successfully provide ultimate QuickBooks, Accounting, Internal Control, Auditing, Project Management, IT/Networking, Capacity Building and Professional Courses to national organizations and people.

FAS is widely considered in the market for its excellent integrity and professionalism with the respected clients, FAS team of professional and qualified chartered accountants expresses nothing less than a core and dynamic professional code of ethics to the market.

Professional services has never been compromised or off the chart in the reputed organizations and FAS ensures to deliver Professional Service of a highest quality and efficiency to those reputed entities.

Since the establishment of FAS, the team has managed to provide services over 7 major provinces of the country, with the support of international organizations like USAID. Despite facing major obstacles and overhauls, FAS kept on performing in the traditional work ethics (highest quality and efficiency) to increase the national accounting firms’ sustainability in the market.

Fanoos Accounting Services are among the first choices in the country in providing the most powerful business software “Intuits QuickBooks.” Under the supervisory of Mr. Ahmadi Intuits approved QuickBooks Pro Advisor. FAS have also product of their own, in the collaboration with the Nola Pro Software one of the world’s leading accounting software, FAS has been one of the very few entities in the market to provide their own business/accounting product of excellent quality and efficiency with the encouraging option of multi-language including national languages (Dari and Pashto).

Professional team of qualified chartered accountants and business experts have ideally materialized FAS in the professional services market, delivering highly appreciated inter-related professional services in accordance to national and international standards of Accounting and Auditing.

FAS also partners with reputed national organizations in providing joint services/venture to the respected clients, putting heavy weight on the quality and efficiency of our services.

FAS believes in its work product as its work ethics include Objectivity as a main code of conduct and is well reputed amongst its clients for the flexibility, professional attitude & Competency. 

You can download our company profile here 

OUR VISION:

Is to be recognized as the Afghanistan’s leading professional service firm; bringing real value to clients, investing in our people, supporting our local communities and promoting small, medium and large organizations so as to establish a standard working environment.

Our Mission:

The firm’s Mission is to provide the best technical and professional financial accounting consulting services and products for both individuals and corporate to reinforcement the accountability and transparency in Afghanistan. We focus on implementing the basic building blocks of a healthy and easy financial accounting system.

OUR VALUES:

  • Objectivity
  • Integrity
  • Potency from cultural diversity
  • Professionalism
  • Competency

OUR OBJECTIVE

The FAS is incorporated with an aim to facilitating Small and Medium businesses to achieving following three objectives:

  • Optimizing their abilities
  • Maximizing their profits
  • Achieving highest quality through unrestricted access to resources and skills

To achieve these objectives, The FAS services are designed to ensure either there is NO Additional COST or only a trivial cost to the business but an Economical, Efficient and Quality alternative that will help SMEs to go Beyond Their Capacity, Resources and Skills to Expand their Business and Operations.
Following pages will give you a quick overview of our structure, pool of resources and skills and products. However, the list is not exhaustive.

We Want to Work with You to Achieve Your Business Goals by Devising a Right Solution for the Challenges and the Limitations.

  1. 1. Complete Back-Office Solutions including Virtual Offices with Real Presence, Connectivity and Monitoring.
    2. Creating and Inventing Efficiencies through Time & Cost Saving Solutions
    3. Cost matters! – our products are not to add-up addition cost but an alternative at far lower cost
    4. Re-imagine the Future of Technology and Global Mobility – Providing Small & Medium business an Opportunity to get Global
    5. Best Utilization of High-Paid & High Value Resources by delegating low value, low tech and standard tasks to us
    6. Our goal is to support Small and Medium businesses in Optimizing their Abilities and Maximizing their Profits

The FASC Services

How we can serve your business?
We offer a range of services broadly categorized into following three categories

  • Support Office Solutions (SOS)
  • Virtual Office Solutions (VOS)
  • Business Process Outsourcing (BPO)
  • Bookkeeping, QuickBooks, Taxation and Reporting Solutions (BQTR)

Support Office Solutions (SOS)

We at The FASC have put together a wider resource pool ranging from university graduates to experienced experts in the fields of auditing, accounting, financial reporting (IFRS, SOCPA, UK GAAP), actuarial services, internal audit, risk management and other advisory and consultancies.
We can work either as part of your team, or as auditor’s expert / specialist on your audit and advisory engagements to fulfill the resourcing or skills gap. Alternatively, we can do various tasks for you while being an administrative back office unit of your office or project team to bring efficiencies and fulfilling resourcing gaps.

  • Our L-Tech and M-Tech teams are all set up to plug-in into your running business as a ready-to-go support team at a trivial cost
  • You may pick & chose, mix & match a combination of tasks depending upon your project planning and situation
  • Plug-in our SOS team with your firm and have access to a wide spectrum of resources
  • We can be helpful in setting up permanent support office or just project or task
  • based support either remotely or by sending our resources on secondments to work on site
  • We respect time and cost

V-Office Solutions (VOS) – Virtual office in Kabul Afghanistan

Without making any investment, you can have your centralized shared service center or a branch or a back office support center in Kabul Afghanistan. Highly skilled work force at affordable cost makes Kabul the best place to setting up your shared service center, back office support center, customer service center and data processing units.
Our V-Office Solution is in particularly designed for small and medium sized businesses whereby a shared service center or back office support function is set up without any investment by using our premises, technology and resources
We will take care of administration and management of your staff in Kabul Afghanistan.

  • Use our technology and space
  • We can find right people for you
  • Save your cost – no visa, low salary, no hassle

We can arrange accounting and auditing people per your requirement on flexible terms suiting your needs (incur your cost only when you have to!):

  • Short term contractors
  • Long term employees
  • Ad-hoc workers / secondments
  • Freelancers

Business Process Outsourcing (BPO)

You’re an entrepreneur with a great idea and the vision to realize it. We’re here to help you do just that. We want you to focus on building your business whilst we provide background support. Your success and growth is what we exist for. We can help you on:

  • Accounting & Bookkeeping
  • Payroll
  • Taxation
  • Accounts productions
  • Bank reconciliations
  • Data entry processing
  • Medical transcriptions
  • Insurance – claim file management

Our H-Tech team comprises of qualified chartered accountants, actuaries, IT specialists and other professionals with years of experience in accounting and auditing practice in Middle East, Pakistan, Afghanistan, Africa, Australia and the UK.

Our H-Tech team is geared-up to find personalized Solutions to your situations. We want to work with you, share your situations and our expertise to find the workable solution for your accounting, auditing and related administrative issues.
All kind of management support for transition and implementation of IFRS including working papers for auditors, assessment reports for the board / group. We also have SOCPA and UK GAAP expertise on board.

  • IFRS 9 (including ECL modelling for banks)
  • IFRS 15 (including questionnaires and tools for the audit teams and the clients)
  • IFRS 16 (assessment, transition option analysis and implementation)

External auditors – practical solutions to implement and improve Audit Quality. Designing ISA compliant templates, audit programs, checklist, capacity building and so on.
Our H-Tech team can work with you as part of your team or auditor’s expert or specialist on the audit and other engagements.
We have qualified actuaries, valuers and IFRS experts who you could use at an affordable cost
Internal audits – Capacity building, support services, manuals and procedure drafting.

Professional ethics are the heart of our strategy as our experience shows that upholding highest standards in professional ethics translate into confidence in our work product.

Essential to FASs Professional work product is our commitment to excellence in bringing confidence in accounting and finance system of its clients which in turn improve the organizations image among its stakeholders. FAS have worked around 7 major Provinces of Afghanistan hence is adaptable to culture, work environment and geography of whole region.

FAS has qualified, competent and experienced staff of chartered accountants. We believe in quality and do not compromise the needs of our clients.

Over the past 7 years FAS has been able to successfully help their client grow their business and profit. We aim to provide solution to the client needs and potentials.

FAS values quality and efficiency or overall satisfactory of its clients and students, FAS Professional short courses and capacity building programs have been hugely appreciated and high standard.

Our Services:

  • EXTERNAL AND INTERNAL AUDIT

fanoos accounting services

External and internal Statutory Audit is one of the most important and value adding service which any organization can use to improve reliability of its financial reporting, as well as internal control procedures on reporting. One of the key success factor of any organization (Profit seeking or Non- Profit Oriented) is the confidence of its stakeholders on the reporting both financial and non-financial. Having an External Audit from a Competent, Professional, Objective & Independent firm is the primary way of achievement of this success factor. FAS applies International Accounting Standards (IAS), Generally Acceptable Accounting Principles (GAAPs) where applicable, International Financial Reporting Standards

(IFRS) & International Standards on Auditing (ISA) to all of its external financial audit engagements. Expert, Qualified & Competent staff of FAS also acts as a consultant to your organization and guides the management on how to improve their operations, controls and risk management.

 

  • INTERNAL CONTROLS & POLICIES DEVELOPMENT

Internal control procedures and policies are really backbone of any successful organization. Operational controls such as day to day working capital, organizing and managing source of finance with uninterrupted accounting cycle applicable to Generally Accepted Accounting Principles (GAAPs), International Accounting Standards (IAS) & International Financial Reporting Standards (IFRS) delivers precise way of good governance of an organization.

FAS with the team of professional business experts, qualified chartered accountants ensures to erase deficiencies of an entity significantly, thus develops essential and suitable related professional policies compliance with regulation and policies of entities national jurisdictions, donors and other financial institutions.

  • ACCOUNTING SERVICES

1.1 Overview

FAS services include ensuring mandatory monthly, quarterly and annual filings are submitted correctly and on time. From obtaining tax exemption confirmations to remitting tax

liabilities, we ensure compliance with the laws of Afghanistan. We advise clients ranging from individuals to large corporations. Our technical expertise comes from years of experience in the Afghan Market. Fanoos Accounting Services with the developing power of professional qualified chartered accountants provides professional accounting systems to their respected clients.

The financial systems we develop are international standard enterprise financial products specialized to the local Afghan market. For large corporations or enterprises, we recommend a customized version of ERP both OpenERP and OdooERP, HMS, MIS-Rubik, Nola-Pro and Fanoos Accounting own advanced software (Fanoos Accounting Software).

For smaller organizations, we recommend implementing Intuit QuickBooks to instantly create invoices, track payments, and manage expenses. We are a registered Intuit QuickBooks ProAdvisor; one of the very few provider of OpenERP and only provider of OdooERP in Afghanistan (through our partner NetLinks); a registered SAP provider in Afghanistan, and Microsoft Certified. By integrating cutting edge technologies, FAS can simplify, streamline and secure your accounting work in Afghanistan.

1.2 List of Accounting Systems FAS Provide

FAS Provides provide the following internationally recognized accounting systems and its own developed advanced multi-language accounting system:

  • TAX ADVISORY

There are five main tax types in Afghanistan – rental withholding, wage withholding, contractor withholding, business receipts tax and annual income tax. Our services include completing mandatory monthly, quarterly and annual lings correctly and on time.

From obtaining tax exemption confirmations to remitting tax liabilities, we provide turn-key support to ensure compliance with the laws of Afghanistan. We advise clients of all types, from individuals to large corporations. We treat all information highly confidentially and will never sell or share customer information with anyone.

  • PROJECT MANAGEMENT

FAS Project Management Services provides bespoke project management across various sectors. Whether you are an entrepreneur, an investor, a donor agency, or a contractor needing to deal with a range of requirements during any stage of your project, our team will provide you with comprehensive and concrete project management services that will help.you excel in the implementation of your projects and meet your goals.

  • BUSINESS PLANNING & DEVELOPMENT

We immerse ourselves in your business and write your plan from scratch. FAS never gives clients a cookie-cutter business plan. Our plans highlight your uniqueness, and that’s what will get you the funding you need to thrive. We’ve helped large, small, and medium businesses excel, and our funding rates and success stories prove it.

We don’t just write your business plan, we can also help you determine the kind of funding that is right for your business. And, then we can get you in front of the right lenders or investors. They want to see your unique strengths and what they can expect in payback. With a tailor-made business plan, you can be confident you’ll get financed.

Business modelling can be performed for several purposes. One purpose may be that the business is going to change – usually called business development.

A natural aim is to improve existing operations by identifying, analysing, and possibly change the way you do things, who does it and where to do it. This process is called business analysis.

Once you know what you want to accomplish, our experienced consultants have the tools and methods that allow you to reach all the way to success. One condition is that those affected by the changes get involved in the work through workshops and other efforts. Involvement from key representatives from your business is crucial to success.

Business Development

In cases where your aim is organic change in your business we use what we call business development. We will help to define and illustrate your business goals. This facilitates the identification of processes, policies, concepts and resources necessary to meet these goals. Then, we can provide services to help your business to implement change. Examples of such services are program- and project management, business analysis, procurement, outsourcing, change management, communication and coaching.

Business analysis

Business analysis is used if the aim of the project is that an existing business will be improved and thus likely to change. We start by describing the current situation and then create a scenario for the future. It is important to agree on the starting position in order to measure the effect of the change. The mapping also makes the anchor stronger, for both those involved in the work through interviews, workshops, etc., and for those who can receive information about the current situation and the degree to which future action is needed.

In a business analysis, we describe one or more perspective with the right level of detail to achieve the goals.

The following approach is common:

  • The goals of the business (business vision)
  • The processes (how business is conducted)
  • Concepts and information (what the business is working with)
  • Rules (governing what may be done)
  • Stakeholders (Who)

What we do

Analysis – we analyse one or more questions, collects information about it and deliver a report as a result.

Feasibility study – used when you decided to launch a project, but first want to define the scope, opportunities and risks. During the feasibility study, we perform a benefit assessment or impact assessment and suggests someone who will be responsible for the results. It increases the likelihood that the project closes as scheduled.

  • SALES & MARKETING

FAS helps clients develop comprehensive customer and market insights to identify new opportunities for growth. We help senior executives understand what sales and marketing initiatives are working, and which ones are falling flat, by providing a deeper understanding of their customers, and the strategies to build bigger and more profitable relationships with them.

We are typically responsible for all marketing-related aspects for small to medium-sized brands, while for very large brands we often only handle selected services such as logistics or field marketing in the country.

  • PROFESSIONAL PROPOSAL WRITING

quickbook

Our Professional Proposal writing service provides the writing and strategic skills needed for must-win opportunities. We provide exceptional artisanship, compelling salesmanship, thoughtful risk identification and on-time delivery.

FAS helps organizations win new business by preparing solicited and unsolicited proposals. What’s the difference? A solicited proposal is one developed in response to a formal request. For example, if you receive a Request for Proposal (RFP) to which you would like to respond, we’ll prepare a solicited proposal. These proposals must follow each of the requirements set forth in the RFP.