KMT Advisory Ltd · London · Riyadh

Clarity for what comes next

IFRS technical advisory, financial modelling and finance-team training for companies in Saudi Arabia and the Gulf — built on audit discipline, delivered remotely in Arabic and English.

10+years in external audit and advisory
2languages — Arabic and English
48hfirst response on technical queries
UKlimited company, registered in England & Wales
What we do

Six ways we support your finance team

Every service ends with something your team can keep: a model, a paper, a procedure or a skill. We scope each one in writing, quote a fixed fee wherever we can, and share working drafts early.

IFRS technical advisory

Position papers, accounting policy manuals and first-time implementation of complex standards — IFRS 9, 15, 16 and 17 — written so that management can adopt them and auditors can test them.

ECL and financial modelling

IFRS 9 expected credit loss models, IAS 19 employee-benefit schedules, lease and impairment models. Documented, auditable and handed over with a methodology note.

Financial statement review

Independent pre-audit review of statements and disclosures prepared by management, with a prioritised list of findings before the auditor arrives.

Audit readiness

Closing the gap between the ledger and the audit file: schedules, reconciliations, supporting evidence and a clear issues log.

Training and workshops

IFRS updates, ISA awareness and finance-team upskilling, delivered remotely in Arabic or English and tailored to your sector.

Process and controls design

Accounting manuals, month-end close procedures and internal-control frameworks sized for growing companies.

Our services are advisory. Management remains responsible for its accounting records and financial statements and for the decisions it takes on our advice. We do not provide audit, assurance, tax or legal services.

How we work

We sit between your finance team and your auditor

Close enough to management to build what it needs. Independent enough that the auditor can rely on the documentation.

Your finance team

Management

Prepares the records and financial statements. Owns every judgement and estimate. Decides what to adopt.

question, data
KMT Advisory

Technical advisory

Analyses the issue, builds the model or paper, documents the methodology, trains the team. Advises — does not decide, record or opine.

documented position
Independent

External auditor

Tests management's position and the evidence behind it. Expresses the opinion.

Responsibility stays with managementOur work is built to be testedAssurance stays with the auditor

A typical engagement, week by week

1
Week 0

Scope

Engagement letter, data request list and client onboarding. We agree the question, the data and the deliverable on one page.

2
Weeks 1–3

Analyse

Data assessment memo, then a working draft shared early — not a finished product at the deadline.

3
Week 4

Review

We walk management through the logic and adjust assumptions together.

4
Week 5

Handover

Final files, methodology note and a short session so your team owns the result.

Where we work

Sectors we know from the inside

Financing and financial institutions

Consumer and SME financing companies, IFRS 9 staging and ECL, SAMA-aligned reporting.

Real estate and investment

Investment property, fund structures, fair-value measurement and consolidation.

Retail and trading

Revenue recognition, inventory, leases across store portfolios and working-capital analysis.

Government and public sector

IPSAS frameworks, grant accounting and reporting to oversight bodies.

Leadership

Built on audit discipline, designed for advisory work

Mohamed Fawzi Ghonim
Director, KMT Advisory Ltd
Credentials
CMA (ICMA Australia) · Dip IFR (ACCA) · CFC
Based in
Riyadh, Saudi Arabia
Languages
Arabic, English

Mohamed founded KMT Advisory after more than ten years in external audit within an international accounting network, where he managed a portfolio of statutory audits across financing, real estate, retail and public-sector entities in Saudi Arabia.

His work has centred on the judgements that matter most to auditors and regulators: IFRS 9 expected credit loss, revenue recognition under IFRS 15, lease accounting, employee-benefit obligations and IPSAS reporting for government bodies. He has led engagements under SAMA, ZATCA and Capital Market Authority frameworks and is fluent in both the technical standards and the Arabic-language documentation that surrounds them.

He holds the CMA designation from the Institute of Certified Management Accountants (Australia) and the ACCA Diploma in IFRS.

IFRS 9 impairment IFRS 15 & 16 IAS 19 employee benefits IPSAS Audit readiness Finance-team training
Coming soon
Tools

Saudi zakat and tax calculator

A free, browser-based tool for finance teams: estimate the zakat base, corporate income tax on the non-Saudi share, and withholding tax on cross-border payments — with the workings shown, not just the number.

  • Zakat base under the ZATCA rules, with the additions and deductions itemised
  • Mixed-ownership companies: zakat and income-tax split by shareholding
  • Withholding tax by payment type and treaty country

Want to know when it launches? Email us and we will let you know.

Contact

Let's talk about the question in front of you

A 30-minute call is free. We will say plainly whether it is something we should do, and roughly what it would take.

Email
info@kmtadvisory.co.uk
WhatsApp
+966 50 533 5630
London office
+44 7457 411569
Registered office
71–75 Shelton Street, Covent Garden
London WC2H 9JQ, United Kingdom
Delivery office: Riyadh, Saudi Arabia

Riyadh working hours, Sunday to Thursday. Remote delivery across the GCC; on-site days in Riyadh by arrangement.