About
A tool for one profession, in one market, on rules that do not move
Qaimah is a Saudi platform that turns a trial balance into a complete draft set of financial statements under IFRS as endorsed in Saudi Arabia. It prepares and checks the draft; a qualified accountant reviews and approves it.
Why it exists
Anyone who has prepared a set of financial statements knows where the time goes: not into judgement, but into copying a trial balance into a template, formatting the template, and reconciling what will not reconcile. That part can be done precisely by software. The judgement cannot, and should not be.
So the platform is built on a strict division: software computes, presents and checks; a qualified accountant reviews, decides and approves. No language model produces a figure, the platform issues no professional opinion, and no output leaves without its disclaimer.
What these pages describe is what the platform does today, and you can check it yourself: upload a real trial balance and read the whole watermarked draft before you pay anything.
Who does what
The platform
- Reads and checks the trial balance and shows every finding against its row.
- Proposes a line item for each account — from the firm's memory, then the rules, then a suggestion to review.
- Computes the five statements by fixed rules and runs the accounting validations before any preview.
- Renders PDF, Excel and Word from one model.
You
- Confirm or change the classification of every account.
- Read the proposed policies and put your firm's wording where you want it.
- Review the complete draft before you pay.
- Approve the statements under your own professional responsibility — the one thing the platform never does for you.
The rules it is built on
Figures are computed, never suggested
No figure in the statements is produced or changed by a language model. The AI proposes a classification from an account's code and name; accounting code computes.
One source for the numbers
PDF, Excel and Word render from one statement model, so no format can disagree with another.
The output is always a draft
No opinion, no assurance, no approval. The disclaimer is part of every output and cannot be removed.
Professional content is data
The line-item catalogue, the policies, the mapping rules, the legal forms and the prices can all be updated without changing the software.
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.
The framework
The platform works to 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. Qaimah sets no standards and does not interpret them on anyone's behalf.
Judge it on one real trial balance
Create an engagement, upload a trial balance, and read the whole draft before you pay anything.