Businesses record and summarize a variety of business transactions as needed by internal and external users. An external and impartial auditor will verify and review the recording and organization of the financial data, resulting in an audited financial statement. Audited financial statements provide a variety of benefits, including greater credibility, compliance with numerous norms and regulations, and increased investor confidence because they are examined by trained individuals. Financial institutions utilize audited financial statements to examine and scrutinize the performance of individuals and businesses. According to the recently issued asset classification and provisioning directive by the National Bank of Ethiopia, with no. SBB/90/2024 section 12, banks are obliged to review financial statements for the latest financial year of a borrower, who has been in business for a year or above, audited by external auditors, before granting loans or advances of Birr ten (10) million or above. #Finance #Ethiopia #Investment #Audit
About us
AsmariFinancials is a premier financial consulting firm dedicated to providing well informed and expert-based financial solutions to individuals, businesses, and organizations. Our firm is committed to delivering innovative and tailored financial advice, enabling clients to navigate complex financial landscapes with confidence. We offer a comprehensive range of services, from financial planning, loan and banking consultation, and investment strategies to risk management and finance. Our team of seasoned financial advisors works closely with clients to understand their unique goals and develop customized solutions that drive growth and success.
- Industry
- Business Consulting and Services
- Company size
- 2-10 employees
- Headquarters
- Addis Ababa
- Type
- Partnership
- Founded
- 2024
- Specialties
- Banking and Finance, Investment Consultation, Company Profile Development, Credit Worthiness Assessment, Need and Credit Alignment Assessment, Business Development, and Financial Statement and Projection Development
Locations
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Primary
Get directions
Addis Ababa, 1000, ET
Employees at Asmari Financials
Updates
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Happy Business week, Here is a tip for the day. Tight budget demands a well-structured financial system. #Asmari #Financials
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We offer a diverse array of financial services designed to enhance the long-term sustainability of businesses. Follow us for more updates : Asmarifinancials. Happy Weekend ! #Finance #Asmari #Consultation
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We help you find the KEY to your financial soundness. #capital #adequacy #asset #distribution #stable #liquidity
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Happy Business Week! Planning is key, but execution is what truly matters. Wishing you a successful business week filled with well-planned actions and flawless execution. #Execution #Asmari #Finance #2024 #Mondaymotivation
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#FridayTips Check for recent loan approval and disbursement time periods before making decisions during loanable fund shortage #Loan #Finance #Economy #Business
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We are known as AsmariFinancials ! Our aim is to help organizations navigate complex financial landscapes with confidence with our innovative and tailored financial advice and consultations. We offer a comprehensive range of services - Financial planning - Credit and banking consultation - Investment strategies Our Approach? Our team of seasoned financial advisors works closely with clients to understand their unique goals and develop customized solutions that drive growth and success. Contact us and learn more about us via asmarifinancials@gmail.com #Asmarifinancials #Finance #Banking #Loan