Case studies
What optimisation looks like when the numbers are audited
Anonymised engagements that show how we work: the problem as the client described it, what we did, and the outcome measured in figures the auditors signed off.
All case studies
Loss valuation optimisation · IFRS 9 ECLRight-sizing the IFRS 9 provision on a SAR 1.2 billion receivables book
Diversified conglomerate, Saudi Arabia
SAR 14mrelease of over-provision recognised in the year of the rebuild
2.9% → 1.7%coverage ratio on gross receivables after re-segmentation
Cost and process optimisation · Finance managed servicesCutting the finance cost base by 42 percent while closing on day seven
Mid-market distribution company, Riyadh
42%reduction in the annual cost of the finance function
Day 25 → Day 7month-end close and management pack delivery
Actuarial valuation · IAS 19Valuing end-of-service obligations for a 3,400-employee group, including an intra-group transfer
Industrial and services group, Saudi Arabia
SAR 11.3mdifference between the accrued liability and the IAS 19 obligation across the group
5entities valued on a consistent basis with one assumptions memorandum
Purchase price allocation (PPA) · IFRS 3Allocating the purchase price of a SAR 480 million services acquisition
Listed facilities services group, GCC
SAR 190m → 58mgoodwill after recognising identifiable intangibles and fair value adjustments
SAR 132mof intangible assets and fair value adjustments recognised, net of deferred tax