HBC believes that independent auditors perform a vital role, acting as trusted intermediaries between the providers of business information and the users of that information. HBC provides a wide range of services:
External Audit of Financial Statements
Internal controls review
Agreed Upon Procedures
Fraud investigations
Due diligence reporting
Special Purpose Audit
Revenue/Other Certification
Inventory Audit
ACCOUNTING
Accounting is a necessity of every organization irrespective of its size. Our professionally qualified and experienced accountants understand and analyze business transactions and ensure compliance with accounting standards. Our services include:
Accounts preparation and supervision
Preparation and presentation of financial reports
Book keeping services
Payroll processing
Training of accounting staff
TAXATION
HBC’s professionals have more than 30 years of combined experience in the Sultanate’s and the GCC’s Tax law and regulations. HBC’s taxation services include:
Income tax compliance & advisory
VAT compliance & advisory
Corporate tax mangement
Transfer pricing services
Payments Of Taxes
Our Services
HORIZONS FINANCIAL & MANAGEMENT CONSULTANCY
FINANCIAL ADVISORY
Beyond analyzing your financial statements and addressing your tax and assurance needs, we offer a solutions-based approach catered to your industry’s unique complexities. Our advisory services include:
CFO services
Budgeting, Forecasting and Projections
Cash flow management
Risk Assessments
Liquidation services
IFRS CONSULTING
For many businesses, transitioning to IFRS can seem daunting – the standards are unfamiliar, and execution can be time-consuming. HBC’s IFRS Consulting services are carefully tailored to individual clients in order to reflect the specific operational, regulatory, and financial risks they face. Our dedicated service team help you navigate the process from start to finish, ensuring efficient change and minimum disruption to your business.
HR & PAYROLL CONSULTING
Even where a client has their own bookkeeper, they frequently wish to have their payroll performed confidentially off site. Our payroll solution provides a quality service, geared to meet the needs of businesses today. We provide a payroll service for monthly payroll cycles, including the production of monthly reports.
Our Services
HORIZONS INVESTMENT FACILITATION AND SUPPORT
BUSINESS PLANNING
HBC believes that access to finance is crucial in fostering entrepreneurship, competitiveness, innovation and growth. HBC’s primary activities are the facilitation of access to finance for SMEs. We assist SMEs businesses by helping them prepare bankable business plans. In addition to business plan development, we also assist in mentoring and business advisory services.
BUSINESS VALUATIONS
There are few things more complex or more important—than establishing an accurate valuation of an organization. HBC’s valuation advisory team has the practical, market-savvy experience to research and deliver accurate, defensible valuation data, which can enhance your company’s strategic, operational or financial objectives.
FEASIBILITY STUDIES
Business Feasibility Studies are crucial to support any investment decision making process based on a cost benefit analysis of the actual business or project viability.
Whether you are an individual having a business idea or an existing business aiming to start or expand a particular project, HBC will help you asses and evaluate various scenarios to achieve your targets not only successfully but in an efficient and timely manner too.
Get In Touch With us
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Ranan Noman
Director of Assurance
Rana Noman Shahzad is the Director of Assurance at HBC, bringing over 12 years of professional experience in providing assurance services across the Middle East, including Oman, UAE, Saudi Arabia, and Qatar. He is a fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and holds a CPAA from the UK along with a Bachelor’s degree in Commerce.
Rana specializes in the Oil and Gas sector and has worked with key clients such as OQ Group, ENI Oman (Cost Recovery), Masirah Oil, Nama Group, Saud Bahwan Group, Gulf Energy Group, Mubadrah Group, Sea and Land Drilling Inc., Occidental Oman, Majd Al Futtaim Hypermarkets, K-Electric, Petrofac Group, Mustafa Sultan Group, and Kerzner International Holdings Limited (UAE). His role as Assurance Director involves overseeing audit processes, ensuring compliance with regulations, developing audit strategies, leading audit teams, and enhancing the accuracy and integrity of financial reporting through thorough risk assessment and internal control evaluation.