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The Prudent for Auditing,
Financial & Economic
Consultancy
The Prudent for Auditing,
Financial & Economic
Consultancy
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Who are we

The Prudent For Auditing, Financial & Economic Consultancy is a Muscat, Oman based registered accounting firm providing cost effective value for money services to meet your business needs under one roof. We follow highest level of professional ethics and quality in our services.

Risk Advisory Services

Audit & Assurance Services

Tax Services

CFO Services

Accounting & Related Services

Recent Blogs

Audit & Assurance / July 29, 2019

REVENUE RECOGNITION

IFRS 15- Revenue from Contract with Customers In this series we shall briefly cover the key definitions that standard carries and would give examples of recognizing revenues of various industries. Key definitions Performance Obligation A promise in the contract with the customer to transfer to the customer either a good or service (or a bundle […]

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Audit & Assurance / August 28, 2019

REVENUE RECOGNITION WITH EXAMPLES

Scenario-4 Joint Promotion arrangements (Supplier & Retailers) In these cases, supplier (seller) grants price reduction to retailers who at same time offer promotional prices also called ‘Scan deals’. For example a facewash supplier company FW LTD […]

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Internal Audit / May 16, 2019

INTERNAL AUDIT: COMING UP NEXT – BLOG SERIES

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  • THE PRUDENT FOR AUDITING, FINANCIAL & ECONOMIC CONSULTANCY
  • Office Number 41, Floor 3, Building 1999 (old court) Al Khuwair (Next to Mars Hyper Market) P.O.Box 171, PC 620 – Sumail, Muscat – Oman
  • +968 2448 6073
  • +968 9012 6841
  • info@pafecoman.com

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