For audit and accounting firms in Saudi Arabia
From the trial balance to a complete draft set of financial statements
Upload the trial balance, confirm how each account is classified, and approve. The figures are computed by fixed accounting rules, never by an AI model. The draft comes out in PDF, Excel and Word under IFRS as endorsed in Saudi Arabia.
Four accounting checks run before any preview: the financial position balances, equity reconciles, the cash flow ties out, and every rollup holds.
Code computes. The AI only suggests.
No figure in the statements comes from a language model. The AI sees an account's code and name only, proposes a line item, and you accept or change it.
IFRS as endorsed in Saudi Arabia
Under IFRS as endorsed by the Saudi Organization for Chartered and Professional Accountants (SOCPA), in both forms: full IFRS and IFRS for SMEs.
Data in Frankfurt, backups in Ireland
Servers and files in Frankfurt, a nightly backup in Ireland, and every connection encrypted.
Every image here is the product itself
Real product screens, and a complete sample set the engine produced from a sample trial balance. No illustrations.
How it works
Four steps, and every figure has a source
Upload the trial balance
An Excel or CSV file, the platform's template, or a direct connection to your accounting system. The file is checked and the validation report shown before anything else happens.
Review the mapping and confirm
Every account is tied to its line item, and the source of each proposal is shown: a rule, the firm's earlier choice, or a suggestion to review. Nothing moves on while one account is unresolved.
The checks run
The financial position balances, changes in equity reconcile, and the cash flow ties out — computed by rules, and shown to you.
Export the draft
A complete watermarked preview for free, then the three files — PDF, Excel and Word — once you unlock.
The output
Five statements, and the check each one has to pass
Generation stops if any of these checks fails. The last column is not a claim: it is the sample set pictured beside it — the figures behind each check, and its result.
| Statement | What has to hold | On the sample set |
|---|---|---|
| Statement of financial position | Total assets equal total liabilities plus total equity. | passed295,000.00 = 60,000.00 + 235,000.00 |
| Profit or loss and other comprehensive income | Every subtotal, down to profit for the year, is re-added from its own lines and must agree. | passed95,000.00 |
| Changes in equity | Each equity column rolls forward from opening to closing and closes on the trial balance's own balance. | passed235,000.00 = 235,000.00 |
| Cash flows, indirect method | Net cash movement ties out to the change in cash and cash equivalents. | passed47,000.00 = 58,000.00 − 11,000.00 |
| Notes to the financial statements | Every note reference on a statement resolves to a note, and no note is empty. | passed14 notes |
PDF, Excel and Word are rendered from one statement model. No figure is recomputed for any format, so the three files cannot disagree.
Proof
Every image on this page came out of the engine
The pages below are from the same sample set, produced from a sample trial balance after it passed every accounting validation.
The notes
Drafted from a policy library tied to the standards — inventories (IAS 2), financial instruments (IFRS 9), revenue (IFRS 15), zakat, end-of-service benefits. A note appears only when the entity's figures call for it, in your firm's wording where you have changed it.
The same set, in Excel
A workbook you can check, not a picture of one: bilingual captions, amounts as numbers under one format, the comparative year beside the current one, a sheet per statement.
Figures are computed in code
No language model produces or changes a figure in the statements. The AI only suggests how an account is classified and reads an uploaded file's column headers, and both stay editable until you approve.
Built for the Saudi environment
Zakat, income tax or both, by the ownership structure; the statutory reserve at the rate and cap of the entity's legal form; end-of-service benefits as a non-current liability with its policy note.
Arabic and English in one document
Each caption in both languages on the same line, with Western numerals kept in order inside Arabic text — in the PDF, the workbook and the Word file alike.
Your data
Where your data lives, and what the AI sees
Operating facts that hold today, not marketing promises.
Servers and files in Frankfurt
The application and its database run on a server in Frankfurt; your uploads and outputs are stored in cloud storage in Frankfurt as well.
A nightly backup in Ireland
The database and the files are copied every night to a second location in Ireland, with a key that can only write.
Encrypted connections, always
Every connection to the site and the app is over HTTPS, and neither is served over a plain connection. Files in cloud storage are encrypted at rest.
Every file is scanned before it is processed
Each upload is quarantined and scanned for viruses before processing can touch it; if the scan cannot run, the upload stops.
What the AI sees
Account codes and names only — never balances, never the entity's data, never your file. Your data is not used to train any model.
Where Qaimah stops
A tool that drafts financial statements has to say plainly what it does not do. The same limits are printed in every output.
- It issues no professional opinion and no auditor's report, and provides no audit, review or assurance service.
- It does not approve anything for you. Every output is a draft that a qualified accountant reviews and approves.
- It does not repair an unbalanced trial balance or invent a missing figure. It stops and shows you where the problem is.
- It gives no zakat or tax advice, and does not replace a disclosure your professional judgement says the entity needs.
Who prepares sets with it
Audit and accounting firms
One house wording for policies and a mapping memory that grows with every engagement, instead of Excel templates that drift apart.
In-house finance teams
A complete, formatted and noted draft to hand to the external auditor, from the first submission.
Sole practitioners
A full bilingual set without a production team, paid for per set produced.
Questions
Does Qaimah issue an audit opinion?
No. It prepares drafts only. It provides no audit, review or assurance service, and the report page in the output is left for the responsible party.
Is the output final?
No. Every output is a draft for review and approval by a qualified accountant, and its disclaimer is printed on every page and cannot be removed.
Which framework does it follow?
IFRS as endorsed in the Kingdom of Saudi Arabia by the Saudi Organization for Chartered and Professional Accountants (SOCPA), in both forms: full IFRS and IFRS for SMEs.
What exactly does the AI do?
Where the firm's memory and the rules do not settle an account, it suggests a line item from the account's code and name; it also reads the column headers of an uploaded file. It never sees balances, never produces or changes a figure, and every suggestion is yours to accept or change.
How does the prepaid wallet work?
Your firm tops up a wallet. When you unlock the clean export of an engagement, its fee is drawn from the balance. The full watermarked preview always comes first, and regenerating a paid engagement after a correction costs nothing.
What happens to my clients' data?
It is processed only to provide the service, on servers in Frankfurt with a nightly backup in Ireland. It is not sold, not used for marketing and not used to train anyone's AI models. The privacy policy has the detail.
Judge it on one real trial balance
Create an engagement, upload a trial balance, and read the whole draft — every statement and every note — before you pay anything.