Ideal Solution
for Accounting Services
In the face of tumultuous business environments and shifting market demands, Ideal Solutions provides professional services that offer clarity of vision and foresight. We help you see not only where you stand, but where you need to go.
To outperform the competition, you need to make the changes that matter. And that’s where we come in. We bring deep industry knowledge, proven expertise, and the latest best practices to bear on the challenges faced by small and medium-sized enterprises in Bahrain and the region.
Each project is a special response to a client and a context, but they all have one thing in common: a need for a well-thought-out plan, and decisive—often urgent—action.
Our Goal
Our vision is threefold:
Anti-fragility
For every client to become anti-fragile and respond dynamically to change;
Sustainable Growth
To sow the seeds of a culture of self-sufficiency and sustainable growth within Bahrain’s business environment; and
Destination Employer
To become a destination employer where self-starters and exceptional people thrive
Our Services
Our Client-Focused Approach
The Ideal Solution approach is never that of one-size-fits-all. The starting point of every engagement isn’t what, but rather whom do we serve. To have the biggest impact—to render the ideal service—we tailor our work to your specific needs and unique circumstances, taking into account your future aspirations.
Accounting and bookkeeping
Reliable and timely financial information is not a “nice to have.” Take advantage of the expertise of our certified accountants to set your books in order, and provide you with monthly reports that will help you make informed business decisions.
Accounting software consulting
Adoption of new technology is never easy, which is why Ideal Solution is here to help you assess, select, and implement the right accounting software. An accounting software that meets your budgetary requirements, enables informed decision-making with useful reports, and empowers your finance department through streamlined processes and automation.
Accounting staff training
A well-trained employee, abreast of the latest developments in accounting, is an asset that won’t depreciate over time. Ideal Solutions will help you unlock the full potential of your accountants by identifying knowledge gaps, and designing a customized, hands-on course to address them, covering a range of important topics.
VAT implementation and impact assessment
The introduction of VAT posed new challenges to all, but we’re here to guide you through the complexities of registration and implementation. Our tax experts will help you understand the full impact of VAT on your operations. And make certain you’re ready to file your returns on time.
VAT compliance
If you prefer to look after your business, while our tax experts handle the tax paperwork, Ideal Solution can assist you throughout the process of planning and filing your returns. This way, you can rest assured your business is fully VAT compliant.
Accounting and financial reporting compliance
In an increasingly complex regulatory environment, Ideal Solutions is here to help you adhere to the best practices in accounting. We’ll explain new and daunting changes and ensure your compliance with the IAS and IFRS. What’s the upshot? Financial information that’s useful to both management and external stakeholders.
Financial analysis, financial planning, and budgeting
Achieving your goals requires planning and having critical financial information at hand for informed decision-making. Ideal Solution will keep your business moving forward with actionable insights gained from analyzing your financial performance and position, and with performance forecasts and financial projections.
Profitability and cost-cutting consulting
Businesses are under constant pressure to do more with less; to increase profitability year-on-year. Ideal Solution will make you recognize the link between efficiency and growth through cost-cutting initiatives and organizational transformation. In addition to helping you capitalize on existing growth drivers as well as uncovering new growth opportunities.
Assistance with applying for Tamkeen’s support programs
Regardless of where you are in the business lifecycle, we can help your business take advantage of Tamkeen’s support programs. Our consultants can obtain quotations on your behalf; prepare the required projected financial; and make sure your application is complete, professionally written, and paints your business in a positive light.
Assistance with applying for debt financing
Whether you need to accelerate growth or improve liquidity, Ideal Solution will make sure you put your best foot forward with complete and well-thought-out financial facilities applications. We’ve had a successful track record of helping clients secure financing from Bahrain Development Bank and commercial financial institutions.
We've worked with some of the biggest brands
