There are 1 Companies in Jordan
that provide Audit Services!

A pillar of the Jordanian economy, the ICT sector has been the center of attention for decades as efforts are continuously underway to capitalize on the country’s position as a major ICT player and solutions exporter. 

With a GDP contribution worth around 12 percent, the ICT sector has witnessed significant growth over the years. In 2015, IT revenues grew to more than USD 600 million, while the telecom sector’s total revenues reached more than USD 1.35 billion.

Why working with Jordan IT companies?

Jordanian IT companies are considered key regional players offering some of the most skilled professionals at the disposal of local and international markets.  According to the Oxford Business Group report in 2019, Jordanian IT companies provide digital services and solutions by implementing successfully the latest technologies due to an increasing and fast adaptable young professionals enrolled in the IT industry. 

What to pay attention to when working with Jordanian IT companies

Due to the low cost of IT professionals, Jordanian IT companies face challenges in financing and implementing high-tech solutions in the business sector. This leads to underdeveloped business culture and environment which may be a challenge for foreign clients when working with Jordanian IT companies. 

Additionally, another challenge for Jordanian IT companies is the tax burden which keeps the development and investment rate away from the technological boom, which was expected to start at the beginning of 2017. 

How reliable are Jordanian IT companies

Compared to the regional players, Jordanian IT companies have a balanced image in the global market. Due to the military and political instabilities, many foreign investors and clients rather prefer to work with companies from neighboring countries, where they can rely on relatively moderate stability. 

How does the Jordanian IT industry relate to the neighboring countries?

The progress registered by Jordan in developing the IT industry is impressive and has shown results by attracting a number of tech giants to open representatives and offices in the country. However, this was not enough to be competitive in the region, having as leaders the Emirates, Qatar, and Saudi Arabia was in front of the list. 

Despite rising regional competition and slower domestic economic growth and a tough regulatory environment, ICT remains one of the kingdom’s greatest strengths, and its ongoing expansion remains high on the list of government priorities. With a history of forward-thinking tech and telecom development, Jordan is well-positioned to continue capitalizing on its bright population. The sector’s long-term growth prospects, buoyed by private-sector ambitions and strong government leadership, should see its recovery continue in 2020 and beyond.

Audit services are offered by companies that help check and review financial information and processes of other businesses. Think of them as financial detectives who make sure everything is accurate and follows the rules.

These companies help businesses by making sure their money matters are in order. They examine financial records, transactions, and systems to find any mistakes, fraud, or areas that could be improved. They're like a safety net, ensuring that everything is honest and transparent.

Audit service providers can help businesses in different situations. For example, when a company wants to show its financial health to potential investors, these providers can give an unbiased report. They can also help find ways to manage money better, making sure that money isn't wasted and is used wisely.

What makes Audit services special is that they are focused on accuracy and compliance. They're not just about fixing problems, but also about preventing them in the first place. They follow strict rules and guidelines to make sure businesses are on the right track financially.

Audit service providers use tools and technologies to make their work precise and efficient. They often work with software that helps analyze large amounts of financial data quickly. They might specialize in specific industries, like healthcare or finance, where they understand the unique financial challenges and rules.

In simple words, companies providing Audit services are like financial detectives who help businesses with money matters. They ensure that everything is accurate and honest, helping companies manage money better. They're different because they focus on accuracy and compliance, and they use tools to analyze financial data. They specialize in specific industries to offer the best guidance.

It’s important that your choice for Audit companies relies on factual information, as generally speaking, Audit companies may need to be granted access to confidential information such as your business revenue, costs and expenses, investments and other financial or non-financial information depending on the audit type you need.

On this note, we highly recommend to analyze the company profile data, and pay special attention to the following information: 

• Portfolio and previous companies

• Years of experience

• Team size and team members

• Reviews from real customers

A good audit company will deliver what you requested in efficient time and manner, and provide the entire support all the way through. So make sure you agree with them these terms in your contract. 

At the same time, an NDA (non-disclosure agreement) is extremely important when working with an audit company. It’s essential to prevent data leaks from your company and protect the information you own from getting to competitors. 

With this said, we invite you to discover our verified and trusted vendors providing audit services.