Vision

XCLNC Consulting will become the most trusted advisor and partner of choice while contributing to increase the wealth of client’s shareholders.

Mission

XCLNC Consulting is committed to provide ongoing value to our clients with trust. We leverage with the skilled work force to provide high quality and cost efficient solutions.

We bring targeted solutions in areas

Accounting, Compliance & Reporting (ACR)

Finance transformation on a global scale can pose new challenges and risks. Efficient cash-flow management, methodical accounting, and compliance with industry regulations are central to the financial well-being of any enterprise.

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Business Process Improvements

Reengineer and manage business processes, integrate intelligent automation technology and utilize business process services to modernize your operations.

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Accounting Opinions & Complex Accounting Issues

We bring multidisciplinary skills to address range of issues you are facing in determining appropriate accounting treatments for your complex transactions We can prepare technical discussion papers to provide management with robust arguments and practical insights to support desired accounting treatments.

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IFRS Conversion

All companies in Saudi Arabia are required to prepare their annual financial statements based on IFRS. We help our clients to understand the strategy for IFRS conversion projects and articulate the key challenges and decisions they will face as the project progresses.

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Policies, Procedures and Manuals

Developing processes, procedures and standards is particularly important if you are in the early stages of establishing a business, or when you are trying to rebuild or grow a business that has been underperforming

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Valuation and Financial Modelling

Financial modelling is a mathematical tool used to calculate financial impact of the business decisions under a range of scenarios and to communicate potential outcome of that decisions to interested stakeholders.

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Muhammad Aswad Palla

President

Founder’s Message

After spending 8 years in the field of Audit & Assurance and 10 years in the Department of Finance in different capacities in a leading multinational company of Saudi Arabia, it triggered to my mind that I can provide at a time services to different companies to achieve their Finance Department goals at low cost that will support companies in achieving their one of the main objective of increasing shareholders’ wealth.
According to Dun & Bradstreet report,

Businesses with fewer than 20 employees have only a 37%chance of surviving four years (of business) and only a 9% chance of surviving 10 years.” Restaurants only have a 20% chance of surviving 2 years. Of these failed business, only 10% of them close involuntarily due to bankruptcy and the remaining 90% close because the business was not successful, did not provide the level of income desired or was too much work for their efforts.

Considering the study of Dun & Bradstreet and our vision, I am motivated and feel proud in offering excellent services to the client at optimum cost which will definitely benefit to the companies and ultimately economy of the client’s country.

Let’s talk…

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