MIM International Consultancies
MIM International Consultancies and partner firm Isis Accounting Book Keeping are committed to helping all of its stakeholders grow and succeed. Our goal is to help our clients achieve their business goals and provide our professionals with rewarding careers. We work with leading corporations, governments & NPOs around the world on the growth issues that are most important to today’s Business world. Growth in this region involves identifying new opportunities through creativity and insight; it also involves removing growth barriers that build up over time in any organization.
It’s not only about knowing where to grow, but also how to overcome what holds you back. we offer a portfolio of strategic advisory, capability-building and capital services for clients seeking to grow top-and bottom-line performances, shareholder value, the skills of their people and organizations, and their social impact.
We partner with our clients to generate sustainable growth patterns over time, leading to distinguish strategic competitive advantages. Our experience in the MENA region, especially in the GCC, spans over a lustrous 33 years of consultancy-services experience.
We are appointed as management consultants and auditors to many private companies and government entities in the region. Our knowledge and experience in HRD Strategies, Accounting and Auditing, Business analysis, Systems development, Process improvement and Business optimization will assist you in minimizing your time and efforts toward a more profitable business.
Our Strategic Objectives
- Provide the highest level of quality in customer service.
- Implementation of international standards and best practices.
- Investigate the credibility, independence, reliability, accuracy and professional integrity.
- Serve all clients in all their business requirements without compromising professional ethics and applicable laws.
Our main services:
- VAT and tax consultation
- Internal and external auditing
- Corporate Governance Models
- Feasibility Studies and market studies
- Accounting & Book Keeping services
- IFRS reporting
- Business Plan
- Business Valuation
- Real Estate Development
- Arbitration & Expert reports
- Liquidity analysis/ debt restructuring
MIM International Consultancies also have a partner firm called Isis Accounting Book Keeping with its office at the following address:
Rawdat Al Wasl Bldg, office 102, Sheikh Zayed Road, Dubai
In your opinion, what is the future for the accounting profession?
As far as audit profession is concerned, the amount of regulatory changes and enhanced requirements currently envisaged within the Audit landscape of UAE means the audit profession in the country is set to change. For example, the recent announcements by Abu Dhabi Accountability Authority (ADAA), calling for mandatory rotation of auditors every four year, confirms the same. The country is taking progressive measures to include SME sectors under the scope of financial audit, which is a welcoming act for the profession.
The country being successful in implementing its first indirect taxation system, VAT, in 2018, is now working on expanding the taxation system and improving its administration on the lines of global best practices. These brings about a myriad of opportunities for finance professionals to serve clients in their VAT related concerns.
The recent developments in the compliance domain also has opened doors for finance professional. Especially considering the fact that UAE approved its new Anti-Money Laundering (AML) laws in 2019. This is considered as a major law and regulatory transformation in the country increasing the scope of work in the advisory sector
What is your growth strategy?
Quality over quantity is the prime strategy that MIM International Consultancies believes in. The objective of the firm is to provide high end professional services and solutions to clients without digging a hole in their pockets.
MIM considers its human resources as its most valuable asset. Hence retaining and developing top notch professionals in the areas of audit, accountancy and advisory domain is considered a major catalyst in the growth of the firm.
Another key growth strategy is joining alliance with major international networks, such as BOKS international. The idea is to grow beyond geographical boundaries and to effectively and efficiently utilize the synergies of MIM and the network to create value additions to clients, the network and MIM.
Where do you see your firm 5 years from now?
We aim to be globally recognized leading professional Audit and Advisory firm in the MENA bringing real value to our clients, investing in our people and supporting our communities.
We are also planning to open our branch in Cairo –Egypt, currently we are in the process of recruitment to find the professional staff who are going to conduct our services in Egypt.
What is your biggest challenge?
One of the many challenges faced by accounting and auditing fraternity is to do with technology. While technology is a boon in so many aspects, latest developments such as data analytics and robotic automation is proving to be a challenge and threat at the same time.
Data analytics allows extraction and processing of huge volumes of data from both inside and outside the organization, delivering insight into measuring what is happening in the business and market. This results in making predictions aiding major business decisions. What was once called as the -expertise of an auditor- is increasingly being replaced with powerful data analytic tools.
What business advisory services do you offer?
We offer a wide range of business advisory services such as: Tax Consultation, Corporate Governance, Feasibility Studies & Market Studies, Business Valuation, Business Plan, Performance Improvement