Audit Management Finance (A.M.F.) is an accounting, financial, legal and tax consulting firm offering a complete service. The firm was founded in 2008 by Mehdi Maazoun, A chartered accountant with significant big 4 experience in both Tunisia and France. Mehdi is also the first certified public accountant elected in the High Council of the Judiciary, representing all Tunisian accountants. This honorific title has notably increased the legal services of the firm A.M.F. and gives him the opportunity to sit with the highest Magistrates and lawyers.
Based in Tunis (the capital of Tunisia), A.M.F. has been in operating since 2008 and is a fast-growing mid-sized firm serving a wide range of clients, including a number of foreign owned subsidiaries, in the fields of oil and gas, industrial manufacturing, trade, communications, technology. Whether you are a private client moving to Tunisia, investing abroad, an entrepreneur following your dream, or a Tunisian moving internationally – their team of tax specialists and Certified Public Accountants have the expertise and dedication to ensure you receive the right advice to help you comply with ever increasing tax laws and regulations.
Offering high-end, independent Tunisian Tax and legal advice to the international community, A.M.F. advise both private individual and corporate clients. They are also experienced in International Financial Reporting Standards (IFRS) and can work with clients speaking many languages (French, Arabic, English & Italian). The firm is a member of Institute of Certified Public Accountants in Tunisia, which is a member of the International Federation of Accountants (IFAC).
A.M.F. works with local and international clients (in particular subsidiaries of European companies established in Tunisia). Their services cover in particular:
- Business creation
- Support and advice when creating your company
- Support and advice when transforming your company
- Support and advice when liquidating your company
- Corporate Finance
- Implementation of reports
- Business plan
- Implementation of estimated income statement and cash flow
- Advice for the funding of your company
- Merge and acquisition of companies
- Advice and support when acquiring a company
- Advice and support when merging your company
- Tax optimisations
- VAT returns
- Legal audit and limited statutory examination
- Special Reports
- Management, recording of transactions and closing of the accounting periods
- Partial or total outsourcing of your accounting department
- Consolidation of the financial statements
- Human Resources and Payroll Management
- Payroll management: calculation and salary processing, withholding tax management, annual salary certificates and tax certificates
- Employees management: preparation of work contracts, management of work permits
- Social contributions and insurances management: registration with the compensations office, advice and implementation of insurances to cover accidents & sickness, preparation of the annual returns
Our Member Spotlight is a Q&A with our member which covers some of the key issues in their sector, and gives an a greater insight into the firm and their operations.
Significant changes await our profession in the coming years. Numerical changes and artificial intelligence will impose new methods, techniques and rules. Even traditional activities such as audit will have to change working methods and take advantage of new technologies to gain in terms of cost and profitability. On the other hand, we believe that consulting activities will be the most affected by these changes. We must prepare ourselves for these new challenges and take advantage of new technologies in order to increase the growth of our professions.
We are planning more work in the African continent and in particular Francophone Africa (Ivory Coast, Senegal, Mauritania, Morocco, Guinea and Djibouti), whose countries use the same laws as those applied in Tunisia and inspired by French law.
In addition, the French language applied in these countries allows us to send, to the consulting and audit missions, our Tunisian collaborators who master the French language (language of study in Tunisian Universities).
Finally, the African continent has achieved the highest level of growth compared to all other continents. Not being a saturated market, the opportunities and prospects are enormous and allow us to plan more growth in these countries, especially based on our knowledge of the terrain and the business environment, which remains very specific to Africa.
Over the next five years, we will develop the foreign market in order to export more of our services. Our firm will also benefit from being part of BOKS International and we plan to invest more in new technologies and artificial intelligence in order to be up to date, not to be overtaken by competitors, and to improve the positioning of our firm in the next five years.
The life and the future of a company are only the sum of a set of challenges that never stop, as long as there is still life in this entity. The main challenge is to keep up with the pace of growth of our firm, to keep up with the legislative, regulatory and technological changes that are advancing at high speed, while maintaining the human size of our firm.
Our firm works with local and international clients (in particular subsidiaries of European companies established in Tunisia). Our business advisory services cover Business creation; Business plan; Tax optimisations; Corporate valuation;…
The presence of BOKS in several countries is an opportunity for our firm and our customers who wish to work internationally. Our firm frequently works with local clients who have subsidiaries or assignments abroad. Our membership of an international alliance will give our clients an opportunity to contact the law, audit and consulting firms present in these foreign countries. Our clients will be better served and will certainly appreciate working with us, Cabinet AMF Tunisia, which is part of an alliance present in several countries.
Moreover, our membership in BOKS International will allow our firm to be more up to date, to benefit from the experience of other members around the world, to participate in regional meetings and annual conferences in order to discover new developments in our fields of activity.
Based on my professional experience in international audit networks, I appreciate the high standards applied by BOKS International's management. In my opinion, this explains the solid growth of BOKS International in previous years. In the future, I am confident that this strong growth will continue, including a presence in several new countries.
It will be very interesting this year in particular because it will correspond with the year 2020 (Top 20 in the year 2020).
We have many types of clients in our firm but if we have to choose a typical client, it will be an SME company with a share capital closed to a reduced number of partners. Small and medium-sized companies generally export partially because the local Tunisian market is not large (10 million inhabitants), but the export possibilities are important thanks to the strategic position of Tunisia (as a gateway to Africa), the advanced know-how and the high quality of its engineers and workforce compared to the neighbouring countries.
The typical small and medium Tunisian company client of our firm is generally an industrial or service company.
Our firm has accompanied the creation of a new economic entity in Africa (Guinea Conakry) by preparing the business plan as well as the implementation of accounting and internal control systems to ensure a successful start-up.
We offer special assistance to clients seeking international services, anticipating in advance the obstacles that may hinder the client abroad, analysing the differences between the laws and business environments of the countries concerned and assisting clients in their international business, whether by our firm or by the other member firms of BOKS International.