The accountant in Morocco
The practice of accounting in Morocco is carried out by chartered accountants, “certified accountants”, and fiduciaries.
It is not uncommon for entrepreneurs or companies to confuse the difference between these three designations.
In Morocco, a chartered accountant is a professional with a state diploma obtained after 5 years of studies and 3 years of professional internships.
At the end of these 8 years, they are required to defend a thesis and pass a written exam in order to finally obtain the chartered accountant diploma.
Among the three, the chartered accountant is the only one who has a monopoly on the audit services. In Morocco, a certified accountant must have a degree or diploma from a public higher education institution in economics, finance, accounting, or business management, or an equivalent recognized diploma, and pass a competitive examination. Fiduciary in Morocco is not regulated and is a term generally used to refer to an accounting firm in Morocco in its broadest sense.
As a chartered accountant, we mainly intervene in the following missions:
Accounting Bookkeeping, tax, social and legal in Casablanca, Morocco
As a chartered accountant firm in Casablanca, Morocco, SYNERGIE EXPERTS carries out the following classic missions:
- Keeping accounts in compliance with Moroccan accounting standards and regulations
- The establishment of the balance sheet at the end of the financial year and intermediate situations if necessary
- The establishment of all the tax declarations that are required for companies
- Establishment of payslips and corresponding social and tax declarations
- Assistance in holding the annual meeting at the end of the financial year (minutes of meeting, management report, etc.)
- Accounting, tax, social and legal advice to help the company optimize its situation and comply with the obligations arising from all the aspects mentioned.
This is the classic mission of the accountant in Morocco. As an accountant in Casablanca, the firm is not confined to the city of Casablanca. We carry out missions throughout Morocco and in particular several accounting missions in Mohammedia. Mohammedia being a small coastal town with several developed industrial zones. We provide several accounting services in Mohammedia for foreign clients wishing a more pleasant environment than in Casablanca and cheaper installation rates.
Financial statements in Moroccan, French and IFRS standards
This service is provided for companies which need to give to their Moroccan accounts a French or international version. The aims of this operation are … (Opening the share capital to foreign investors, introduction in stock exchange, request of international loans…). Our firm can draft such statements or assist and control it when draft by the company.
Preparation of Periodic reporting in Casablanca, Morocco
In companies of a certain size, access to periodic reporting (monthly, quarterly, etc.) may be necessary or even essential to have a quicker overview of the company’s financial results or other data.
Our firm can assist in the preparation or supervision of these reports when they are prepared by the company.
In the context of establishing these reports, we can also assist our clients in implementing an information system capable of capturing all relevant indicators for the company.
Consolidated accounts
Synergie Experts can assist companies group’s in drafting or controlling their consolidated accounts. The drafting of consolidated accounts by a chartered accountant …
Accounting supervision in Casablanca
Companies with their own accounting departments often need qualified personnel to review their accounting. The goal of our assistance in this type of mission is to make necessary corrections and highlight tax or social risks not identified by the company's internal services. As certified public accountants, we deal with a wide variety of sectors and activities. We can therefore detect risks or anomalies that the company cannot detect itself. This support is also necessary when the company wishes to have a certain level of assurance before the auditors arrival.
Budgeted accounts
Our firm can assist you in the preparation and establishment of financial projections and business plans. Depending on your needs, we can assist in the development of different future scenarios or in the transcription of such scenarios and chosen assumptions into agreed-upon presentations. The format of these documents will vary depending on the reasons for their preparation and the intended audience.
Obtaining the CFC Status
The CFC (Casablanca Finance City) status is a regime implemented by the Moroccan government to promote a major financial place in Morocco with a focus on the African market. Our accounting firm in Casablanca is able to assist you throughout the entire process of obtaining the CFC status. In order to attract candidates to this status, the government has established a tax and legal framework offering certain advantages, including:
