IR Global Member Meeting - Wissam Abousleiman of Abousleiman & Co Meets With Fellow Members in Cyprus
Published 28 Feb, 2020
Wissam is continuing as a Committee Member for the MENA Forum in 2020. He has over 14 years experience in accounting & financial management, cost & financial accounting, internal & external audit, financial reporting & tax advisory services so is an invaluable resource.
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Mr. Abousleiman is a Lebanese certified public accountant (LACPA) and member of the IIA – Lebanon Chapter. Since 2009, he has been the Managing Director of Abousleiman & Co., a family professional services Firm established in 1971 that practices audit, assurance, enterprise risk management and tax advisory services.
Over the course of his 18-year career, Mr. Abousleiman has gathered a wide range of experience in general, cost and financial accounting, financial management, internal and external audit, financial reporting and tax advisory services.
Mr. Abousleiman has always pursued his assignments with a risk-based approach, giving great attention to good governance practices and the application of professional standards. With this in mind, he has engaged in the audits of private companies, financial institutions, social welfare funds, public institutions, grant funded projects, etc…; he has also expanded the Firm’s practice area to perform internal audits for a number of high profiled businesses and organizations pioneering this practice as an independent consultant; in addition he has carried out local tax and social security compliance audits, valuated businesses, developed accounting and budget reporting functions as well as internal policies and procedures manuals and oversaw the restructuring of several local institutions.
Over a course of two years, Mr. Abousleiman lectured at the CLET – Kafaat Institute University in Internal Controls and Auditing Practices. He has also given a wide range of workshops and seminars on International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), audit work papers, advanced accounting, financial reporting, Lebanese Tax Laws, etc...
Currently, he is developing a number of far-reaching diploma programs based on good governance practices and responsible citizenry, among which include an 8-course Tax Diploma Program for the American University of Beirut’s Continuing Education Center covering international tax concepts and in particular the Lebanese tax system due to start in October 2017.
Mr. Abousleiman graduated from the Lebanese University – Faculty of Business Administration in Accounting and Finance where he obtained his Maitrise degree and thereon pursued a Masters Degree in Business Administration (MBA) from the Lebanese American University (LAU).
Since 2004, Mr. Abousleiman has been practicing martial arts and holds a 3rd degree black belt in Shotokan Karate-Do. He is also an instructor, teaching at several clubs and an active competitor.
We at Abousleiman & Co.have offered our professional expertise and services to a continuously growing number of clients for over 40 years now. Through our commitment to high moral standards and ethical values we have been successful in establishing strong ties with our clients, while our technical expertise has continuously allowed us to satisfy our client’s growing needs through hands on consultations and recommendations to optimize managing their businesses.
Our Firm’s experience lies in both the public and private sectors where we have engaged in audits as well as special assignments to develop, and in other cases to assess, internal controls adopted by those organizations.
Currently, our three major focus areas of expertise lie in:
(1) assurance services, whereby we carry out audits in accordance with International Standards on Auditing and verify compliance of financial statements with International Financial Reporting Standards (IFRS),
(2) enterprise risk management, which allows us to understand the administered control measures within an organization with a view to optimizing them and addressing their evident weaknesses, if any, and
(3) taxation, whereby we propose effective tax structures for clients as well as handling tax claims and objections with local tax authorities.
Abousleiman & Co. is a member of the Lebanese Association of Certified Public Accountants (LACPA) and the Arab Federation for Accountants and Auditors. We are also registered as sworn auditors with the Judiciary Courts of Lebanon.
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Published 28 Feb, 2020
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