Off-Plan Sales Accounting

Off-Plan Sales Accounting

Accounting supervision for off-plan sales projects and ensuring Wafi compliance

Service Overview

Mohamed Nasser Al-Ghafeeli Office provides accounting supervision services for off-plan sales projects aiming to organize financial operations for real estate projects and ensure accounting treatment integrity and compliance with related regulations.

The service focuses on monitoring project financial flows and providing periodic reports supporting developers in project management and decision making. We rely in providing the service on a professional methodology that considers the requirements of the Off-plan Sales or Rent Committee 'Wafi', and contributes to enhancing transparency and protecting rights of investors and owners.

Scope of Work

Compliance with Wafi Requirements

Verifying compliance with off-plan sales guidelines and rules.

Financial Flows Monitoring

Monitoring revenues and expenses specific to the project.

Periodic Reports

Preparing financial reports reflecting the project's financial status.

Financial Planning Support

Supporting developers in planning to ensure project continuity.

Service Objectives

Financial Process Organization

Controlling and organizing financial flows for the real estate project.

Accounting Treatment Integrity

Ensuring recording accuracy according to approved standards.

Compliance with Wafi Requirements

Commitment to off-plan sales systems and instructions.

Investor Rights Protection

Enhancing transparency and independent financial supervision.

Service Delivery Methodology

01
Project UnderstandingAnalyzing project nature and financial structure
02
Flow AnalysisStudying financial flows and financing plans
03
Accounting TreatmentApplying disciplined accounting treatments
04
Periodic ReportsPreparing clear periodic financial reports

Why Choose Our Services?

Investor Protection

Enhancing transparency and protecting rights of owners and investors.

Regulatory Compliance

Ensuring full compliance with Wafi systems and requirements.

Project Sustainability

Supporting decision making to ensure project success.

Market Confidence

Raising the level of confidence in the real estate project and developer.