Accounting & Finance
Moashirat runs a PhD-led accounting and finance practice in Baghdad, built to IFRS and Iraqi law. From bookkeeping and audit-ready financial statements to feasibility studies, valuation, M&A, and the full tax cycle, we keep your numbers compliant and decision-grade. Because the same integrated team also builds your Odoo or Oracle NetSuite ERP, your accounting policies and your systems are designed together, not bolted on afterward.
What's included
- Bookkeeping aligned to the Iraqi Unified Accounting System chart of accounts, with IQD/USD dual-currency treatment
- Financial statements prepared to IFRS and audit-ready for review
- Internal audit to test controls, and external (statutory) audit support and coordination
- Feasibility studies and business valuation for investment and financing decisions
- Mergers and acquisitions support: financial due diligence and deal analysis
- Tax registration, periodic returns, withholding tax compliance, and tax recovery
- Accounting policies and a chart of accounts designed to fit your Odoo or Oracle NetSuite ERP
How we deliver it
Build the foundation right
We set up a compliant chart of accounts and accounting policies grounded in the Iraqi Unified Accounting System and IFRS, with clean IQD/USD dual-currency handling from day one.
Keep the books audit-ready
Ongoing bookkeeping, reconciliations, and financial statements are maintained to a standard that internal and external auditors can rely on without rework.
Inform the big decisions
For investment, financing, or a transaction, we provide feasibility studies, valuation, and M&A due diligence so leadership decides on solid numbers.
Close the loop with tax and systems
We handle tax registration, returns, withholding, and recovery, and the same team aligns your ERP so compliance is enforced in the system, not just on paper.
Why Moashirat
Led by a PhD in finance
Our finance practice is led by a PhD in finance, bringing rigor to valuation, feasibility, and complex financial judgment, backed by 15+ years and 70+ projects.
Built for Iraqi compliance
We work natively in the Iraqi Unified Accounting System, IQD/USD dual currency, Iraqi tax and withholding, labor law, and IFRS, not a generic global template.
One team for finance and ERP
As an Odoo Silver Partner and Oracle PartnerNetwork member, the team that owns your accounting also builds your ERP, so policy and system stay consistent.
Related insights
Frequently asked questions
Do you prepare financial statements to IFRS in Iraq?
Yes. Moashirat prepares financial statements to IFRS while reconciling with the Iraqi Unified Accounting System chart of accounts and local requirements, so the statements are both internationally recognized and locally compliant.
What is the difference between internal and external audit, and do you do both?
Internal audit tests your internal controls and processes to reduce risk, while external (statutory) audit is an independent review for regulatory and stakeholder purposes. Moashirat performs internal audit and supports and coordinates the external statutory audit.
Can you handle Iraqi tax registration, returns, and recovery?
Yes. We manage tax registration, periodic tax returns, withholding tax compliance, and tax recovery in line with Iraqi tax law, keeping your filings accurate and on time.
Do you provide feasibility studies, valuation, and M&A support?
Yes. Our PhD-led practice delivers feasibility studies, business valuation, and M&A support including financial due diligence, to inform investment, financing, and transaction decisions in the Iraqi market.
Does the same team also build the accounting system or ERP?
Yes. As an Odoo Silver Partner and Oracle PartnerNetwork member, the same integrated team that handles your accounting also implements your Odoo or Oracle NetSuite ERP, so your accounting policies are enforced directly in the system.