Service Jordan – Lucent-Intl

welcome to Lucent

Our Services

OUR SERVICES

“We provide audit, tax, actuarial, advisory, consulting, and bookkeeping services to support sustainable business growth.”

AUDIT

Our independent financial statements audit enhances reliability for investors, creditors, governments, and other stakeholders.

AUDIT SUPPORT

We support clients through all stages of auditing to make processes smoother and outcomes stronger.

TAX SUPPORT

We ensure that Jordanian businesses comply with all relevant tax laws by supporting required filings and regulatory obligations.

Actuarial Services

We fully comply with IFRS and perform necessary studies under IAS 19 (employee benefits) to ensure precise calculation of End-of-Service Benefits (EOSB) in your financial statements.

Financial Accounting Advisory Services

We leverage deep accounting expertise to assist Jordanian firms in IFRS compliance and day-to-day financial reporting.

Management Consulting Services

Our consulting services are structured to drive performance, efficiency, and strategic alignment.

Bookkeeping Services

We manage and document financial transactions accurately and consistently to ensure reliable financial records for your business.

Other Services

We provide additional services tailored to your particular business and compliance needs in Jordan.

AUDIT

Our independent financial statements audit enhances reliability for investors, creditors, governments, and other stakeholders. We follow a risk-based approach guided by International Standards on Auditing (ISAs) to deliver precise and trustworthy audit outcomes.

Risk-Based Methodology — Identifying risks and applying auditing standards per ISAs.

Internal Controls Assessment — Evaluating existing systems to suggest improvements.

Quality Sector Expertise — Leveraging Jordan-market knowledge for high-quality service.

Effective Communication — Keeping clients informed at each stage.

AUDIT SUPPORT

We support clients through all stages of auditing to make processes smoother and outcomes stronger.

Trial Balance Setup — Organizing accounts and preparing the initial financial statement draft.

Sampling Execution — Running sample-based audit tests for risk verification.

Software Documentation Upload — Assisting with uploading testing and sample data into audit tools.

Final Draft Preparation — Ensuring fair presentation in financial statements after review.

Detailed File Examination — Conducting full reviews of audit files and financial accounts.

TAX SUPPORT

A. Tax Compliance Support

We ensure that Jordanian businesses comply with all relevant tax laws by supporting required filings and regulatory obligations.

Return Filing Assistance — Preparing and submitting VAT, withholding, and other tax returns.

Tax Provision Calculations — Determining current and deferred tax figures accurately.

Regulatory Correspondence Monitoring — Reviewing notices and updates from local tax authorities.

Audit Support Documentation — Helping in preparing documents and templates for inspections.

Timely Regulatory Compliance — Ensuring that all tax submissions meet Jordanian deadlines.

B. Tax Advisory Support

We guide clients with expert strategic advice based on Jordanian tax law and international frameworks.

Transaction Tax Guidance — Advising on domestic and cross-border transaction implications.

Local Law Alignment — Interpreting Jordan’s tax legislation for your business needs.

VAT & Withholding Expertise — Handling VAT, withholding taxes, and related obligations.

Sector-Specific Solutions — Tailoring advisory to free zones, development zones, or special industries.

International Tax Insight — Aligning advice with global tax standards and best practices.

Actuarial Services

We fully comply with IFRS and perform necessary studies under IAS 19 (employee benefits) to ensure precise calculation of End-of-Service Benefits (EOSB) in your financial statements.

EOSB Valuation — Calculating end-of-service benefits per regulatory requirements.

Employee Benefit Analysis — Evaluating staff liabilities and long-term financial impacts.

Standards Compliance Reporting — Ensuring reports meet international accounting guidelines.

Financial Accounting Advisory Services

We leverage deep accounting expertise to assist Jordanian firms in IFRS compliance and day-to-day financial reporting.

IFRS Transition Support — Helping with conversion or adoption of international accounting standards.

Complex Issue Resolution — Addressing intricate accounting challenges and discrepancies.

Reporting Accuracy Improvement — Enhancing clarity, compliance, and stakeholder confidence.

Management Consulting Services

Our consulting services are structured to drive performance, efficiency, and strategic alignment.

Consulting services broken into:

Assessment:

Current State Review — Evaluating finance, budgeting, and process maturity.

Requirement Identification Report — Defining necessary improvements in operations and finance.

Implementation and Operational Support:

Training & Knowledge Transfer — Skill building through hands-on coaching.

Budget vs Actual Oversight — Monitoring financial performance and deviations.

Asset & Register Management — Counting, tagging, and maintaining fixed assets.

Budget Execution Support — Preparing budgets, executing and reviewing financial statements.

Planning and Development

Develop a Target operating model for finance, budgeting, and procurement, which includes:

– Determine the strategic objectives of the department.
– Organizational structure and job descriptions.
– Service delivery model.
– Internal and external interactions.
– Service level agreements.
– Key performance indicators.

Develop key performance indicators for finance, budgeting, and procurement.

Develop a financial reporting framework that supports the decision-making process.

Develop a delegation of authority matrix.

Develop implementation roadmap.

Developing finance, budgeting, and procurement policies and processes manual

Develop organizational structure and job descriptions for the finance department, as well as budgeting, financial planning, and procurement departments.

Developing training programs.

Define Employee roles and responsibilities in accordance with the approved organizational structure.

Developing mid-term financial planning methodology.

Developing budget templates based on key assumptions and cost drivers to enhance financial accuracy.

Developing budget reports and interactive dashboards to assist decision-makers and taking corrective action.

Bookkeeping Services

We manage and document financial transactions accurately and consistently to ensure reliable financial records for your business.

Daily Transaction Recording — Capturing daily financial entries with precision.

Trial Balance Preparation — Producing monthly and annual trial balances.

Adjusting Entries Posting — Making necessary adjustments for accuracy.

Audit-Ready Statement Preparation — Drafting statements suitable for audits and management review.

Other Services

We provide additional services tailored to your particular business and compliance needs in Jordan.

Feasibility & Forecasting — Conducting feasibility studies and financial projections.

Internal Audit Assistance — Providing onsite support for internal audit activities.

Payroll & HR Support — Managing payroll, HR compliance and advisory services.

Get in touch with us for more information

Lucent was founded with ambitious goal of setting high quality standards providing end-to-end professional services to its clients.
We have established and refined our working methods internal procedures using the technological competence and knowledge of our professionally educated consultants to reach our aim of offering the most complete and efficient service for our clients’ demands.

Information

Contact us

Amman-Jordan, Mecca St.
Al Hussaini Complex, 4thFloor -Office No. 14

+962 777777808
+962 6 4774433

info@lucent-intl.com

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