Through Tamkeen's 'Mohasabha' programme KPMG Fakhro serves more than 400 beneficiaries
- Bahrain: Saturday, February 02 - 2013 at 13:49
- PRESS RELEASE
KPMG Fakhro, one of the service providers for Tamkeen's 'Mohasaba' programme, has recently achieved a significant milestone of serving more than 400 SMEs in the Kingdom of Bahrain since the beginning of the programme in January, 2010.
Accounting beneficiaries also receive a grant of BD300 from Tamkeen to purchase modern accounting software.
'Mohasabha' aims to enable enterprises in Bahrain to implement world-class accounting practices and financial management systems.
The programme provides enterprises a full range of solutions to analyse their financial position and performance, in addition to creating and strengthening their financial reporting and documentation systems and processes.
Tamkeen's Private Sector Support Senior Manager Mohammed Bucheery commented on this achievement, "The benefits of Mohasaba are invaluable to enterprises. By enabling SMEs to access high-quality independent audits and accounting services, they are able to benefit from other Tamkeen-supported programmes, be in a much better position to make informed business decisions, obtain financing from banks and financial institutions, participate in large tenders, and tie up with foreign partners to expand their businesses."
Harish Gopinath, Partner Audit & Advisory, and Head of Middle Markets for Middle East and South Asia, KPMG Fakhro, said, "Under the leadership of Jamal Fakhro, KPMG's Managing Partner, the team has been able to recognise the important role that SMEs play in the economy and align our services to meet the challenging demands of this vital sector. With the generous support from Tamkeen, we have succeeded in providing high-quality auditing and accounting services to a large number of SMEs."
'Mohasaba' is open to all enterprises in Bahrain which have not been previously audited.
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