WHAT WE OFFER
Reflecting on Our Strengths
We work to deliver on what our strengths are and offer solutions that fit our Client. Our experiences as individual professionals and now as part of Wethaq is positioned to deliver high-quality forensic analysis and expert litigation support for complex financial litigation, investigations, and other proceedings; thorough financial analysis and sound technical accounting support. Furthermore, we provide an array of services that corporates and entrepreneurs needs; from internal audits, internal control review, business valuation, transaction support, feasibility studies, special purpose studies and other financial advisory services.
WHAT WE OFFER
Reflecting on Our Strengths
We work to deliver on what our strengths are and offer solutions that fit our Client. Our experiences as individual professionals and now as part of Wethaq is positioned to deliver high-quality forensic analysis and expert litigation support for complex financial litigation, investigations, and other proceedings; thorough financial analysis and sound technical accounting support. Furthermore, we provide an array of services that corporates and entrepreneurs needs; from internal audits, internal control review, business valuation, transaction support, feasibility studies, special purpose studies and other financial advisory services.
WHO WE ARE
- Diverse and complementary expertise.
- Professional certification.
- Companies business culture.
- Local Knowledge.
WHAT WE DO
- Forensic accounting.
- Assistance in litigation means.
- Financial consultations.
- Accounting services.
HOW WE SERVE
- Offer integrated solutions for financial disputes and conflicts; suspicious transactions; financial embezzlement.
- Support strategic financial initiatives.
- Support accounting functions; prepare the financial reports and augment CFO’s role.
- Local Knowledge.
Our Approach
“Analysis is Rigidly Structured”
Analyze the gathered facts using logical and accurate technical tools and through the clear linking of results with facts analysis
Sound Methodology
“We advise on facts not on gut feeling”
Problem solving begins with facts and facts are gathered once client expectations are set; a thorough and extensive fact gathering exercise sets the tone for all our engagements. Considering the complexity of forensic engagements, facts can be both apparent and subtle. We exercise due care to gather all compelling facts.
Facts
Opinions and Ideas
“Problem solving with business acumen”
Provision of actual, creative and applicable solutions
Collaboration
“We cooperate to achieve missions”
We work with experts to transform findings into actionable points – be it litigation experts, regulatory authorities or accounting application vendors.
Our Approach
Our Team
Abdulrahman Al Yaseen
CPA
Partner
- Bachelor of Business Administration with two emphasis (Accounting & Management Information Systems), California State University, Fullerton, USA
- Certified Public Accountant, USA
Abdulrahman is a partner at Wethaq, which he co-founded. He possess a 12+ years of auditing, accounting and finance related experience, more recently as the CFO of The Securities House and as an erstwhile auditor and corporate finance consultant at RSM Kuwait. Abdulrahman possess versatility in the industries he has worked, the clients he has handled and more recently with his role as an advisor to the Chairman of Al Imtiaz Investment Company. His 12+ years of well rounded professional experience in the region also encompasses providing expert Litigation Support, Valuation, Feasibility studies and Strategic plans and Internal Audit. Some of the expertise Abdulrahman has built over the years include:
- Headed the corporate finance and treasury services at The Securities House.
- Part of the core team that handled the extensive debt restructuring and investment exists.
- Understands the changing regulatory landscape and requirements, particularly the CMA rules and regulations
- Handed audits of large enterprises and publicly listed entities
- Adept in preparation of audit strategy, scheduling audits, selecting staff, assigning work and ensuring timely financial reporting
- Participant in several due diligence, valuation and advisory engagements
- Been a participant in boards and audit committees
- Validating and developing financial models for various purposes such as valuations of businesses, equities and intangibles, etc.
Sulaiman Al Sumait
Partner
- Bachelor of Accounting, College of Business Administration, Kuwait University
- Certified Investment & Derivatives Auditor (CIDA)
- Certified Arbitrator and Accounting expert from Kuwait Chamber of Commerce & Inudstry
- Certified Public Accountant form the Ministry of Commerce & Industry, State of Kuwait, lisen No. 276 class A
Sulaiman is a partner at Wethaq, which he co-founded. He possess a 12+ years of auditing experience having audited mid and large size corporates in Kuwait across Hospitality, Oil and Gas, Financial Services, Health care, Construction, Real Estate and Manufacturing. His 12 years of well rounded professional experience in the region also encompasses mandates in Advisory, Litigation support, Forensic Accounting and Internal Audit. Some of the expertise Sulaiman has built over the years include:
- Conduct audits of full complexity for conformity with policies and procedures of company.
- Conducting field audit, preparing report of audit findings.
- Understanding the control environment and evaluation of possible illegal acts.
- Consideration of laws and regulations of various businesses and industries.
- Evaluate client’s controls and procedural standards.
- Collect and analysis of data to detect deficient controls, fraud, or non-compliance with laws, regulations and management.
- Prepare and review consolidation financial statements.
- Developed an extensive knowledge of best practice reporting and International Financial Reporting Standards.
- Develop the engagement approach which include qualitative and quantitative analysis, and analysis of industry and business risk.
- Validating and developing financial models for various purposes such as valuations of businesses, equities and intangibles, etc.
- Detailed business operating documents for industries across multiple sectors
Team Experiences
Team Experiences
Financial Reports Preparation
Undertaking preparation and audit of the regular financial data for companies with assets more than 100 million Kuwait dinars
Forensic Accounting
Experience in missions of reviewing potential fraud operations, embezzlement and powers exceeding
Examination and Evaluation
Involved in multiple fair valuation exercise and assessment for companies and organizations.
Accounting Expert
Search, examine and complete more than 100 issue as an accounting expert with the Ministry of Justice
Debt Rescheduling
Reschedule debts, negotiate with banks, and reach results commensurate with the company’s cash flows
Litigation Means Support
Add the outcomes of examination and investigation operation to the legal memos
Accounting
Effective control over the financial departments and audit for the major companies and ensure its missions completeness.
Transactions
Involved in successful operations of existing from investments sectors-wide
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