M.A.C.G — Metwaly Auditors & Consultants Group M.A.C.G — Metwaly Auditors & Consultants Group

Six practice areas. Most engagements draw on more than one.

Financial & Management Consulting

The largest part of the firm's work. Clients come to us before a decision is made — to establish whether a project is viable, what a business is worth, or where performance is leaking — and what they get is a document they can put in front of a board, a lender or a partner.

Economic, technical and financial feasibility studiesFull assessment of whether a proposed project or investment will work, what it will cost, and what could go wrong.
Market research and marketing studiesEstablishing the size and behavior of the market a client is planning against.
Financial modelingModels for business operations, investment projects and financial products.
Financial analysis and performance evaluationAssessment of financial performance and the management action that follows from it.
Valuation and fair value assessmentValuation of assets, investments and businesses, for transactions and for financial reporting.
Business restructuringDevelopment and implementation of restructuring plans, including divestitures and reorganizations.
Financial systems developmentDesign of financial processes and systems for accuracy and efficiency.
Organization and management developmentStructure, reporting lines and the management processes that run on them.
Review and verification of business modelsIndependent testing of whether a strategy's financial projections are realistic.
Equity researchAnalysis supporting investment decisions and portfolio construction.
Governance advisoryEstablishing and maintaining corporate governance structures.
Financial trainingCustomized programs for client finance departments, delivered in person or online, covering financial management, accounting, taxation, audit, financial modeling and ERP systems.

Audit & Assurance

Independent examination of financial statements, and the assurance work that surrounds it.

External auditStatutory audit of financial statements under Egyptian Accounting Standards, with IFRS reporting where a parent company, lender or investor requires it.
Internal auditEvaluation of controls, compliance with regulations and contractual obligations, and identification of where processes break down.
Financial statement reviewLimited assurance engagements where a full audit is not required.
Risk managementIdentifying and managing risk in operations, financial reporting and compliance.
Application of international standards and internal controlAssisting clients to apply IFRS and to build internal control systems that hold.

Tax

Compliance, planning and disputes across every tax an Egyptian company meets. We file, we plan, and when the Authority disagrees we argue the case — through its internal committees, the appeal committees, and the Justice Experts Authority where a matter goes that far.

Corporate income taxPreparation and filing of returns, tax planning, and advice on the treatment of specific transactions.
Value Added TaxVAT registration, returns, reclaims and advice on the treatment of supplies.
Salary tax and social insurancePayroll tax calculation and withholding, return preparation, and compliance with social insurance obligations.
Stamp dutyAssessment and compliance across contracts, banking transactions and corporate documents.
E-invoicing and e-receipt complianceRegistration and ongoing compliance with the Egyptian Tax Authority's electronic invoicing and receipt systems, including integration with existing accounting systems.
Tax inspections and disputesPreparation for inspection, representation before the Egyptian Tax Authority, and conduct of disputes through the internal and appeal committees of the Authority and, where a case goes that far, before the Justice Experts Authority at the Ministry of Justice.
Tax due diligenceIdentification of tax exposure in mergers, acquisitions and other corporate transactions.

Transaction Services

Financial analysis for the moments when a business changes hands, takes on a partner or restructures. The question is always the same: what is it actually worth, and what has not been disclosed?

Due diligenceFinancial, operational and legal investigation of a target or a counterparty.
Mergers and acquisitionsIdentifying and evaluating targets, supporting negotiation, and completing transactions.
Corporate financeAdvisory on capital raising, debt restructuring and the financial modeling that supports a transaction.
Valuation for transactionsDetermining the value of assets and businesses where a deal depends on the number.

Accounting & Outsourcing

The finance function run from outside, for companies that do not need it in-house. Routine, accurate and on time, which in accounting is the whole of the job.

BookkeepingMaintenance of accurate and current financial records.
Accounts payable and receivable managementManaging payment and collection cycles.
Bank reconciliationReconciling bank statements and financial records, including across multiple banks and facilities.
Financial reportingPreparation of periodic management and statutory reporting.

Not sure which of these you need?

Most clients arrive with a problem rather than a service in mind. Describe it and we will tell you what it involves.

Request a proposal