SERVICES WE OFFER

MANAGEMENT CONSULTANCY

Our own fully equipped consultancy team is renowned in providing the following services:

Financial and legal advisors: Providing financial and legal consultancy services to entrepreneurs for setting up various establishments in various sectors including banking and insurance sector in the Kingdom of Bahrain, KSA & UAE.

Feasibility study and business plans:
- Conducting feasibility studies to estimate the financial feasibility in establishing business.
- Furthermore, we assist promoters in preparation of detailed business plans for upcoming Business projects.

Business Evaluations: Business evaluations to determine the overall value of the business to facilitate mergers, acquisitions, take-overs, transfer of ownership etc.

Project evaluation: Assessing the feasibility of a project against key investment and operational criteria.

Environmental study: Evaluating the impact of the existing or proposed project on the environment and getting necessary approvals.

Project appraisal: Estimating the market value of an existing or a proposed project (Real Estate and Business Appraisal).

Market and financial studies: Analyzing and assessing the viability of market opportunities.

Strategic planning: Preparation of long-term business plans, identifying key investment criteria.

Project evaluation: Assessing the feasibility of a project against key investment and operational criteria.

Environmental study: Evaluating the impact of the existing or proposed project on the environment and getting necessary approvals.

Project appraisal: Estimating the market value of an existing or a proposed project (Real Estate and Business Appraisal).

Market and financial studies : Analyzing and assessing the viability of market opportunities.

INTERNAL SERVICES

We succeeded to create a brand name for our internal audit services by helping in establishing an effective Internal Audit Department within the organization which objectives include the following:

To provide an independent appraisal function that examines the operation, performance and control of the organization.

To assist members of the organization in the effective discharge of their duties and responsibilities to ensure that information generated by the accounting system is precise and reliable.

To identify risks and initiate measures to minimize and control risks to ensure compliance with external and internal policies and procedures To ensure that acceptable standards of performance are met. To ensure that resources are used efficiently and economically

To ensure that organization objectives are effectively achieved.

Design the system of Internal Audit department, selecting and training of internal audit staff, preparing the audit programs and presenting training seminars and workshops for internal auditors.

ACCOUNTING & FINANCIAL ADVISORY

We provide accounting services to a wide range of clients and these services encompasses the following:

Set up of accounting systems, customized to meet the client’s nature of business and further to comply with the requirements of International Accounting Standards and Bahrain, Saudi Arabia Commercial Companies Law.

Design and set up of chart of accounts Design and follow up of cost accounting system.

Design of brief accounting system procedures Implementation of accounting plans and procedures.

Weekly visits to client office to enter and update accounting records in the accounting system.

Preparation of periodic financial statements including Balance Sheet and Income Statement.

Advice on the appropriateness of policies in particular business circumstances.

Follow up and review of financial accounting Advice on the valuation of interest in business.

RECRUITMENT CONSULTANCY

2M has established itself as a premium recruitment consultancy in Bahrain, Saudi Arabia & UAE by providing integrated recruitment consultancy services to a growing number of clients.

We are specialized in providing professional recruitment and selection consultancy services for filling vacancies in various positions in core areas like Finance and Accounting, Sales and Marketing, Information Technology &Telecoms, Secretarial & Administration, Human Resources & Training, Customer Services & Logistics, Architecture, Construction and Engineering.

Our recruitment consultancy division maintains a large data-base of potential candidates categorized primarily by core areas of expertise and further by qualification and experience. We provide our corporate recruitment clients access to this databank and facilitate a unique 5 stage interviewing process for suitable candidates. Since this method of recruitment is offered on ‘no placement no fees’ basis this has turned out to be the most favored method for local recruitments especially for junior and mid-level positions.

Another prominent method of recruitment offered by us is ‘Advertised Selection’. This is more favored by Corporate clients looking for multiple vacancy recruitment assignments especially by employers looking to fill positions requiring highly specialized personnel. Our recruitment teams are competent enough to handle large volumes of applications and to categorize them into manageable shortlists for presentation before the client.

Whilst we shall endeavor our best to identify the ideal candidate to suit the requirements of our clients, we assume no responsibility nor shall we offer any guarantee to the effect that the personnel identified by us and recruited by our clients will meet their requirements.

Market research Organization of national and international market research studies.

Marketing and promotional strategies Preparation of sales and marketing programs.

Financial planning Preparation of financial analysis, cash flow forecasts, and other key data.

Management accounting, control and reporting systems Establishing the provision of essential information systems for efficient day 2 day operational management.

Operational reviews and profit improvement studies Periodic or on-going reviews that seek to optimize profit performance through more efficient management.

Manpower planning and training Establishing future manpower needs of the business & implementation of effective training programs.

Planning inquiries, arbitration and legal support Provision of expert witness at planning inquiries, legal assistance, and advice on development and acquisition programs.

Contract negotiations Assisting in the negotiation of management contracts, leases, or franchising agreements to maximize the benefits to our clients.

Operational Strategy Preparing policies and procedures manuals for smooth functioning of the business. Within these broad areas, works closely with other professional disciplines including architects planners, lawyers, quantity surveyors, and consulting engineers on major assignments, either as the lead consultant, or as part of a multi-disciplinary team

AUDITING SERVICES

we provide auditing services, through a highly qualified professional team to a wide range of companies, business organizations and public authorities. During the course of execution of audit engagements, in addition to expressing an opinion on the financial statements we provide value added service to the management by furnishing useful recommendations aimed at improving their financial and accounting systems.

In addition, we strive to establish ourselves as one of the client’s key advisers in the decision-making process.

In order to achieve this goal, we usually undertake the following:

Our audit team reviews and understands the nature of the business activity and its financial and accounting characteristics.

Our audit team works in close coordination with the client staff and management to maximize the efficiency of work

We establish a strong quality control by close involvement of assigned partners and managers at all stages of audit planning, execution and reporting.

We establish an audit plan to ensure that the scope is responsive to procedures and controls in operations.

We identify the techniques, procedures and measures necessary to achieve the objectives of internal control.

We identify procedural weakness and bring them to the management’s attention initiating remedial action.

We keep up regular meetings with client management to discuss control weakness identified, our recommendations to plug such weaknesses and follow up of agreed action to control weaknesses.

LEGAL SERVICES

Our legal team provides our clients with the following services:

Company formation and Registration (Individual Establishments, WLL Companies, SPC Companies, BSC (c) Companies)

Legal consultancy in relation to conversion of individual establishment to SPC Companies, WLL Companies and BSC (c) Companies.

Amendments to Memorandum and articles of Association Legal consultancy services pertaining to mergers and acquisitions

Registration and related services for trademarks, business marks, parents and designs.

Acting as company liquidators in voluntary liquidation or compulsory liquidation.

Providing legal consultancy with respect to litigation support.

Acting as arbitrators.