The firm was established in 1992, initially focussing on accountancy and audits. It has since diversified into management consultancy. In October 1999, Urbach Hacker Young International (UHY), a worldwide association of accounting and consulting firms, elected the firm as its member for the Middle East in Dubai. In 2005, UHY was represented in 47 countries with more than 150 offices worldwide. It is rare that one organization can provide all the skills necessary to meet such a wide variety of challenges. Our team of qualified professionals and experienced support personnel, together with our extensive network of international associates, individual as well as companies, enable us to meet better the needs of our clients. Since inception, our clientile has grown to more than 450 companies spanning almost all areas of local business and trade, including government, private and overseas clients. UHY Saxena is a member of UHY, an international association of independent accounting and consultancy firms, whose organising body is Urbach Hacker Young International Limited, a UK company. Each member of UHY is a separate and independent firm. The services described herein are provided by UHY Saxena and not by Urbach Hacker Young International Limited or any other member of UHY. Neither Urbach Hacker Young International Limited nor any member of UHY has any liability for services provided by other members. External Audit: Optimizing the benefits of audits to our clients is a major priority. We provide opinions in accordance with national statutory requirements and in compliance with international accounting and auditing standards. Our work includes a review of internal controls, testing of selected transactions and communication with third parties to form our conclusions on financial statements. Our perspective of clients organisations, with our knowledge of industry, allows us to give practical business insights and ideas on financial and business risks on a continuous basis. Due Diligence: Our due diligence services help our clients maximize the advantages of contemplated transactions and identify exposure and risks representing deal breakers. Our multidisciplinary teams of auditors, management consultants, lawyers and tax consultants with the specialized knowledge the client needs, work under the direction of due diligence professionals. Special Audits: Our firm is well equipped to provide special services like cost audits, fraud investigations, investment audits, compliance audits and other special assignments necessary to provide assurance to management and interested parties. Internal Audit: Internal audit has matured as a function and many organisations see it as playing a vital role in assisting management in the effective discharge of their duties. It is no longer limited to financial issues but covers business and operational issues. We have assisted organisations in both establishing an internal audit department with its attendent recruitment, and assisting in special tasks such as reviews of the function itself, providing benchmarks, risk and gap analysis and formulating action plans for implementation. The firm have also been retained in the role of an internal auditor as an outsourced function, where this has been cost effective and helped management by allowing them to concentrate on what they are really good at. The organisation benefits from a level of internal audit performance and delivery that is contractually agreed. Financial Analysis: The requirement for professional financial analysis is inevitable in today s evercompetitive business environment. We assist clients in arriving at rational business decisions. The increased number of business mergers and acquisitions, the need to source funds for growth, seeking lower costs of financing and reporting also warrant the need for financial analysis. Financial Modelling In making any investment decision, evaluating the risk undertaken and testing the business and financial options are critical steps in the decision making process. Financial modelling not only identifies business options and risks undertaken in relation to the investment, but also the best solutions to maximise returns. We assist clients in developing financial models for a variety of transactions in project finance, mergers, acquisitions, valuations and fund raising activities, in addition to developing models for investment appraisal, strategic planning, budgeting and forecasting. Accounting and Financial Advice: Accounting functions are also one of the first areas to feel the strain as companies look for ways to reduce costs. Outsourcing may also be required by users of financial statements for more financial and business information about the company s current and future performance. We assist clients respond to new rules and regulations, including disclosure requirements, as well as to seek international opportunities to address certain challenges, and offer advice on developing accounting functions, training staff or even outsourcing record keeping. Budgeting, Forecasting and Planning: We assist the client in preparation of cash flows for planning, budgeting, and forecasting. Professionals in the firm are well equipped to analyse clients strategic and financial position in the business. Liquidation and Insolvency Services: We have wide experience in liquidation and insolvency work and are able to use this experience both in undertaking liquidation and insolvency assignments and in advising clients on related procedures. Valuation Services: We provide valuation and appraisal services, including valuation of unincorporated businesses, closely held companies, partnerships, investment trusts and individuals. In addition, we advise on the valuation of securities, fixed assets, real estate, intangibles and other assets for purposes such as IPO planning, mergers, acquisitions, divestitures, corporate restructuring, litigation and other critical matters. Mergers & Acquisitions Mergers and acquisitions are key strategies for enhancing growth, competitiveness, and profitability. The firm s unique offering is strategic advice and project management, integrating the activities of your advisers and negotiating team in transactions.