Excellence through integrity
ACWA Power Group – Compilation of Financial Statements
September 20, 2024
About TAG Consulting
TAG Consulting is a leading provider of financial modeling, reporting, and auditing services, offering tailored solutions to companies in the energy and utilities sectors. Our mission is to streamline your financial processes, ensuring compliance and strategic insights, no matter the complexity of your portfolio. With an extensive presence across the Middle East, we specialize in serving multinational conglomerates like ACWA Power.
Challenge Faced by the Client
- ACWA Power required compilation of standalone and consolidated financial statements for numerous entities, including holding, project, and associate companies.
- The client needed the financial statements to adhere to international standards and be prepared within stringent deadlines for external audit purposes.
- The scope extended across KSA and International portfolios including countries like the UAE, Bahrain, and Oman, creating additional layers of complexity in handling diverse regulations and compliance standards.
How We Resolved It
- Financial Modeling Experts at TAG Consulting worked closely with ACWA Power’s in-house teams to compile accurate and timely financial statements.
- We implemented a structured approach to streamline data consolidation across multiple regions and entities while ensuring adherence to international financial reporting standards (IFRS).
- Custom reporting tools were developed to handle the consolidation of the Kingdom of Saudi Arabia (KSA) and international entities seamlessly, mitigating risks of data inconsistencies and delays.
What We Did
At TAG Consulting, we bring industry-specific expertise and a deep understanding of financial reporting. For ACWA Power, our team tailored their approach to meet complex financial consolidation challenges across multiple jurisdictions, ensuring compliance with both regional and international standards. Our bespoke financial services have helped power giants like ACWA optimize their financial transparency while maintaining operational efficiency across various global markets.
Results & Deliverables
- Delivered consolidated financial statements for both KSA and International Portfolios on time, meeting all external audit requirements.
- The client saw an improvement in the accuracy and transparency of their financial reporting, crucial for their investor relations and operational strategy.
- ACWA Power expressed satisfaction with the timeliness, attention to detail, and technical expertise that TAG Consulting brought to the table, helping them meet audit deadlines effortlessly.
Our Services
We specialize in delivering customized solutions that meet the unique needs of our clients.
01
Trainings & Skills Development
Backed by years of client success, our growth-focused training programs are designed to upskill teams, strengthen capabilities, and deliver real results aligned with your growing business needs.
02
Business Intelligence & Financial Services
Our expert-led financial services use reliable data and proven strategies to help clients make confident decisions, manage risk, and build long-term financial resilience across industries.
03
Business Assurance & Risk Management
Trusted by leading firms across the Gulf, we offer dependable risk solutions that protect operations, enhance compliance, and ensure business continuity in changing market conditions.
04
Business Performance Optimization
With a strong track record in operational excellence, we help clients improve overall business performance through our customized business management consulting services.
05
VAT Consultancy
As a reliable VAT advisor in the whole Gulf region, we help businesses stay compliant, avoid penalties, and align their tax structure with deep regulatory knowledge.
06
Business Process Outsourcing (BPO)
Over the years, we’ve become a trusted BPO partner by delivering consistent service quality, process efficiency, and scalable support that lets businesses focus on what matters most.
07
Staff Secondment & 3PC
Organizations across the region count on us for vetted professionals and flexible staffing solutions, ensuring continuity, compliance, and speed without compromising quality or control.
08
Fixed Assets Management
Trusted for managing over 500,000+ assets, our system ensures accuracy, lifecycle tracking, and compliance, giving businesses full visibility and control over their fixed asset portfolio.
09
Financial Advisory & Management Consultancy
Known for integrity and insight, our advisory team supports confident financial planning, smarter investments, and strategic growth backed by over a decade of consulting experience.
Our Blogs & News
Explore the latest industry trends, tax updates, and business strategies in the UAE with TAG Management Consulting. Our blog offers valuable content on financial management, business optimization, tax residency, and much more. Stay ahead with actionable advice and expert guidance designed to empower your business decisions. Dive into our latest articles for in-depth analysis and practical insights that cater to entrepreneurs, businesses, and investors across the region.
February 22, 2026
How to Take Endurobol GW501516 for Optimal Results
Introduction to Endurobol GW501516 Endurobol GW501516 is a synthetic compound that has gained popularity among athletes and fitness enthusiasts for
February 22, 2026
Die Auswirkungen von Cialis Jelly von Eli Lilly auf die erektile Dysfunktion
Cialis Jelly von Eli Lilly ist ein beliebtes Medikament zur Behandlung von erektiler Dysfunktion. Es bietet eine schnelle Wirkung und
February 22, 2026
Korzyści z zastosowania IGF-1 LR3 1 mg Multi Pharm w kulturystyce
Spis treści Wprowadzenie Korzyści stosowania IGF-1 LR3 Zastosowanie w treningu Podsumowanie Wprowadzenie W dzisiejszych czasach, coraz więcej osób angażuje się
February 22, 2026
Stéroïdes anabolisants dans l’entraînement militaire
Les bienfaits des stéroïdes anabolisants pour les militaires Dans le domaine de la préparation militaire, l’utilisation des stéroïdes anabolisants est
February 22, 2026
Guide till Test P 100: Hur man tar det
Test P 100 är en populär anabole steroid som används av många idrottare och kroppsbyggare för att öka muskelmassan och
February 21, 2026
Mostbet Portugal: Plataforma Oficial de Apostas Desportivas e Casino para Jogadores
Depois de fazer registo em Mostbet, você terá acesso a uma ampla variedade de apostas desportivas, jogos de cassino e
February 20, 2026
Mostbet Portugal: Uma Revisão Completa da Experiência Premier de Apostas e Casino
Mostbet Portugal sem dúvida deixou sua marca na indústria de apostas online e casino, oferecendo uma combinação única de apostas
February 20, 2026
Wat zijn steroïden? Hun toepassing en werking bij bodybuilding
Inleiding Steroïden zijn synthetische afgeleiden van het mannelijke geslachtshormoon testosteron. Ze worden vaak gebruikt in de medische wereld voor de
February 20, 2026
Comentarios sobre Methyltestosterone: Efectos, Usos y Precauciones
Introducción a Methyltestosterone Methyltestosterone es un esteroide anabólico oral que se utiliza principalmente para aumentar la fuerza y masa muscular.
February 20, 2026
Understanding the Mode of Administration of Aromasin
Aromasin (Exemestane) is an important medication in the management of hormone receptor-positive breast cancer, particularly in postmenopausal women. Its role
February 20, 2026
Understanding Anabolic Steroids Prices: Factors and Considerations
Anabolic steroids, often sought for their muscle-building properties, have gained popularity among athletes and bodybuilders alike. However, the price of
February 20, 2026
Testosteron-ratiopharm 1000 mg: Potencia tu Entrenamiento en el Culturismo
El culturismo es una disciplina que requiere dedicación, esfuerzo y, a menudo, el uso de suplementos para maximizar los resultados.
February 19, 2026
Exploring the World of Moana Casino: A Haven for Quick-Hit Gamers
Moana casino is an online gaming platform that offers a wide range of games, including slots, live casino, table games,
February 19, 2026
Trenbolone Base 50: Recensioni e Informazioni Utili
Il Trenbolone Base 50 è un potente steroide anabolizzante ampiamente utilizzato nel bodybuilding e nelle competizioni atletiche. Questa sostanza è
February 19, 2026
Exploring the Thrilling World of NV Casino: Unleashing the Power of Quick Outcomes
NV casino is a name that resonates with excitement and anticipation, offering an unparalleled gaming experience that caters to a
February 19, 2026
L-Citrullin adagolás: Mennyit és hogyan érdemes szedni?
Tartalomjegyzék Mi az L-Citrullin? L-Citrullin adagolás Hol találhatom a L-Citrullin beszerzését? Mi az L-Citrullin? Az L-Citrullin egy aminosav, amely különösen
February 19, 2026
Guida alla Somministrazione del Testosterone Suspension 50 mg
Introduzione al Testosterone Suspension Il Testosterone Suspension è una forma di testosterone altamente concentrata, ampiamente utilizzata nel bodybuilding e nella
February 18, 2026
Casinolab Online Casino: Fast-Paced Action with 7,000+ Games
For players seeking a thrilling experience with quick outcomes, Casinolab is an ideal destination. With over 7,000 slots, 400+ live
February 18, 2026
Fedezd fel a Spinmama izgalmát: Az Ultimate Gaming Destination
Online játékok esetén a játékosok folyamatosan keresik azt a platformot, amely páratlan élményt nyújt. Itt jön képbe a Spinmama, egy
February 18, 2026
Первое казино в Украине где началась история азартных игр
Первое легальное казино в Украине открывает новую эру азартных развлечений, полностью соответствующих закону. Это знаковое событие для игровой индустрии, предлагающее
February 18, 2026
Neon54 Casino: Tętniący życiem świat niekończących się możliwości gry z Slots, Table Games i Live Casino
Zanurzenie się w rozległym i różnorodnym uniwersum gier online może być ekscytującą przygodą, szczególnie gdy natrafiamy na platformę tak dynamiczną
February 17, 2026
Vinci Spin : Un guide complet pour libérer la puissance du Gaming en Temps Réel
Dans l’immense univers des casinos en ligne, Vinci Spin se distingue comme un phare d’excitation et de possibilités. Avec plus
February 16, 2026
Plongez dans Vegasino Casino : Un Monde d’Entertainment et de Récompenses Infinies
Êtes-vous prêt à vivre l’ultime expérience en matière de divertissement en ligne ? Ne cherchez pas plus loin que Vegasino
February 16, 2026
adobe generative ai 1
Grace Yee, Senior Director of Ethical Innovation AI Ethics and Accessibility at Adobe Interview Series Adobe’s Claims Next Generative AI
February 16, 2026
Beste Online Casinos in Deutschland.617
Beste Online Casinos in Deutschland ▶️ SPIELEN Содержимое Die besten Online Casinos in Deutschland Top-Anbieter für Spielautomaten Sicherheit und Seriösität
February 16, 2026
Steroidi per Donne: Linee Guida e Precauzioni
Negli ultimi anni, l’uso di steroidi anabolizzanti tra le donne è diventato un argomento di crescente interesse. Sebbene possano offrire
February 15, 2026
Beyond the Spins Experience Exclusive Bonuses & Premium Entertainment at nine casino uk.
Beyond the Spins: Experience Exclusive Bonuses & Premium Entertainment at nine casino uk. Exploring the Game Selection at Nine Casino
February 15, 2026
La Tecnica Corretta di Iniezione per i Farmaci Sportivi
Introduzione all’iniezione di farmaci sportivi Negli sport professionistici e amatoriali, l’uso di farmaci anabolizzanti è un argomento controverso, ma la
February 15, 2026
Der Ultimate Leitfaden zum Anadrol Kurs
Anadrol, auch bekannt als Oxymetholon, ist eines der effektivsten Anabolika, das von Bodybuildern und Athleten verwendet wird, um die Muskelmasse
February 15, 2026
Masteron E – Kaikki mitä sinun tulee tietää
Masteron E, eli drostanolone enanthate, on anabolinen steroidi, joka on tunnettu erityisesti kehonrakentajien ja urheilijoiden keskuudessa. Se on suosittu valinta
February 14, 2026
Les Bienfaits des Stéroïdes Anabolisants sur la Performance Athlétique
Dans le monde du sport et de la musculation, les stéroïdes anabolisants sont souvent perçus comme une solution miracle pour
February 14, 2026
Testosterone Enanthate 250 Après avoir pris : Ce que vous devez savoir
La testosterone Enanthate 250 est l’un des stéroïdes anabolisants les plus populaires utilisés par les athlètes et les bodybuilders pour
February 13, 2026
M�quinas Tragamonedas Online Gratis
Slots, Tragaperras Online de Bar, Ruletas y Más Al contar con menos opciones de apuesta, puedes centrarte en lo básico
February 13, 2026
Erleben Sie den Nervenkitzel von Julius Casino: Wo Glück auf Spannung trifft
Entdecken Sie die Welt von Julius Casino Julius Casino ist eine Online-Gaming-Plattform, die eine Vielzahl von Spielen anbietet, darunter online
February 13, 2026
Zažijte vzrušení Spinmama Casino: Svět nekonečné zábavy
Objevování světa Spinmama Spinmama Casino je jméno, které v online herním světě dělá vlny, a to z dobrého důvodu. S
February 13, 2026
Stéroïdes Anabolisants Légaux : Guide Complet
Table des Matières Qu’est-ce que les stéroïdes anabolisants légaux ? Comment commander des stéroïdes anabolisants légaux ? Risques et effets
February 12, 2026
Casinia Casino: Een Middeleeuws Gaming Paradijs met Onbegrensde Mogelijkheden
Casinia, een naam die de grandeur van middeleeuws Europa weerspiegelt, is synoniem geworden met de wereld van online gaming. Met
February 11, 2026
L Tiroxina Sodica: Effetti Positivi e Benefici per la Salute
Cosa è la Tiroxina Sodica (LT4)? La tiroxina sodica (LT4) è un ormone prodotto dalla ghiandola tiroidea, importante per il
February 11, 2026
Aod 9604: Scopri i Benefici di Questo Peptide Innovativo
Aod 9604 è un peptide innovativo che ha guadagnato popolarità nel mondo sportivo e della salute. Derivato dalla gamma di
February 11, 2026
Ottimizzare il Bodybuilding: L’Uso Sicuro dei Farmaci Steroidei
Nel mondo del bodybuilding, la ricerca della massima prestazione e della crescita muscolare perfetta porta molti atleti a considerare l’uso
February 11, 2026
Hygetropin 100 IU : Dosage et Informations Essentielles
Introduction Hygetropin 100 IU est un produit de hormone de croissance, utilisé principalement dans le cadre de traitements médicaux et
February 11, 2026
Culturismo: Hacia Un Cuerpo Ideal
Introducción al Culturismo El culturismo es una disciplina que combina el ejercicio físico, la nutrición y el entrenamiento intensivo para
February 11, 2026
Avantages de l’utilisation du Testostérone Enanthate pour les athlètes
Le Testostérone Enanthate est un stéroïde anabolisant largement reconnu pour ses effets bénéfiques sur la performance sportive. Utilisé par de
February 11, 2026
Halotestin y su Ciclo en Preparados de Insulina
El Halotestin, o fluoximesterona, es un esteroide anabólico oral que ha ganado popularidad entre los culturistas y atletas debido a
February 11, 2026
Zyklische Supplementierung: Die Rolle von Cytomel im Fokus
Zyklische Supplementierung erfreut sich immer größerer Beliebtheit unter Sportlern und Fitness-Enthusiasten. Dabei handelt es sich um eine gezielte Abwechslung von
February 11, 2026
Welche Anabolika sind stack-freundlich?
Anabolika erfreuen sich in der Fitness- und Bodybuilding-Community großer Beliebtheit. Sie können helfen, Muskelmasse aufzubauen, die Regeneration zu verbessern und
February 11, 2026
Essential Amino Acids: How to Take Them Effectively
Amino acids are the building blocks of protein and play a crucial role in various bodily functions, including muscle repair,
February 10, 2026
a16z generative ai
Hippocratic AI raises $141M to staff hospitals with clinical AI agents Story Partners with Stability AI to Empower Open-Source Innovation
February 10, 2026
a16z generative ai
Hippocratic AI raises $141M to staff hospitals with clinical AI agents Story Partners with Stability AI to Empower Open-Source Innovation
February 10, 2026
a16z generative ai
Hippocratic AI raises $141M to staff hospitals with clinical AI agents Story Partners with Stability AI to Empower Open-Source Innovation
February 9, 2026
Esplorando il Mondo Emozionante di Casinia: Una Destinazione di Casinò e Sportsbook di Prima Classe
Casinia, un nome che riecheggia nelle sale del gaming online, è un operatore colossale che ha conquistato il cuore di
February 7, 2026
Modern Technology Shapes the iGaming Experience
The iGaming industry has evolved rapidly over the last decade, driven by innovations in software, regulation and player expectations. Operators
February 3, 2026
460+ Catchy Dog Names for Every Pup Personality
100 Popular Dog Names 2025 List Even polarizing food items inspire names, though sometimes negatively; “Cilantro” trended down 68% in
February 3, 2026
190+ Ultimate Dog Names List for Your New Best Friend
Most-Popular Dog Names in the US Revealed Buddy is another term for “friend” or “companion,” and this makes it a
February 1, 2026
Bitcoin Casino App Features and Benefits
З Bitcoin Casino App Features and Benefits Explore the Bitcoin casino app landscape with practical insights on functionality, security, and
January 28, 2026
a16z generative ai
Hippocratic AI raises $141M to staff hospitals with clinical AI agents Story Partners with Stability AI to Empower Open-Source Innovation
January 28, 2026
a16z generative ai
Hippocratic AI raises $141M to staff hospitals with clinical AI agents Story Partners with Stability AI to Empower Open-Source Innovation
June 11, 2025
How to Register for Corporate Tax in UAE
A major step toward global tax alignment and financial openness, company tax registration will be mandatory for all UAE-based businesses
June 11, 2025
Excel Dashboard Training Solutions for Beginners & Experts
Data is more than just numbers—it’s the foundation of strategic decisions. Although, it could be quite difficult to go through
May 27, 2025
VAT vs. Corporate Tax in UAE | What Businesses Need to Know
There is a good tax system for investors in the United Arab Emirates (UAE), which has become known as an
May 23, 2025
What Does a Business Management Consultant Do?
Offering products or services is just one of many challenges that come with running a business. Decisions, operations, and future
May 19, 2025
How to Calculate Your Tax on Business Revenue | A Simple Guide
It is important for companies to know how to compute company income tax if they want to be compliant and
May 19, 2025
VAT Registration in UAE | Who Needs It & How to Apply
While doing business in the United Arab Emirates is easy, companies have had to comply with registration procedures with the
May 19, 2025
The Rise of BPO | Why Companies Should Outsource More in 2025
Imagine you are the CEO, you have a lot on your plate, including leading your team, monitoring operations, and providing
May 10, 2025
Top Financial Planning Strategies for Businesses in 2025
Financial planning is not a “one-size-fits-all” solution. Running predictions on SAP is the focus of a corporate CFO; a small
February 20, 2025
What is VAT Management Consultancy
Value Added Tax (VAT) is a kind of consumption tax that is recovered at every phase of the production or
Clients Testimonial
TAG Management Consulting has been in the service sector for over a decade and has served some of the most renowned brand names of world over.
"The tailored financial advisory services offered by TAG have greatly improved our decision-making processes. Their expertise in VAT consultancy and compliance has been a critical factor in our operational success."
DP World
"TAG’s business assurance services have been instrumental in improving our risk management framework. Their deep industry knowledge and ability to offer practical solutions have elevated our operational standards."
Sharjah Electricity & Water Authority (SEWA)
"TAG’s ability to provide tailored accounting solutions streamlined our processes, allowing us to focus on key growth areas. Their support has been invaluable to our financial management team."
Etihad Airways
"TAG Management Consulting’s comprehensive audit services have helped us maintain compliance with stringent regulations while enhancing operational efficiency. Their team’s professionalism and attention to detail are truly commendable."
Dubai Islamic Bank
"TAG’s expertise in financial and operational reporting has been an asset to our operations. Their ability to provide detailed insights while ensuring accuracy in accounting processes has significantly improved our financial transparency."
Al Futtaim Group
"The staff secondment services provided by TAG were exactly what we needed to support our Accounting and Finance department. Their qualified professionals seamlessly integrated into our team, helping us meet critical project deadlines with ease."
Al Jomia Energy & Water
"TAG’s work in re-evaluating and upgrading our budgeting models provided us with enhanced clarity and efficiency. Their efforts in automating our accounting systems were invaluable, streamlining our operations and preparing us for future growth."
Engineering Associates
"TAG’s re-evaluation of our budgeting models and their upgrade of our accounting systems were a game changer. They provided a holistic view of our business, helping us to strengthen our offshore market share and improve internal operations."
Al Ain Mineral Water Company (P.J.S.C.)
"TAG's financial feasibility study for our agricultural investment project in Pakistan was critical to our decision-making process. Their financial modeling and projections gave us a clear understanding of the potential outcomes, making it easier to move forward with confidence."
Madar Holding
"TAG’s recruitment support was impeccable. From advertising to shortlisting and interviewing, they provided top-tier candidates that perfectly matched our requirements. Their hands-on approach ensured we secured the best talent for our needs."
Emirates Foodstuff and Mineral Water Company (AGTHIA)
"The expertise of TAG’s team, particularly in staffing our Finance & Accounting division during critical times, was instrumental. They perfectly complemented our knowledge base and provided much-needed support for the ERP implementation. Their professional support has been invaluable for our operations."
Agthia Group
TAG’s accounting and bookkeeping outsourcing services were nothing short of exceptional. Their attention to detail, combined with their knowledge of US-GAAP and IFRS, ensured that our quarterly and annual financial statements were accurate and timely. They’re a valuable partner for any accounting needs."
AIG Memsa Holdings
"TAG's professional staff deputation was key in balancing our Finance & Accounting division’s workload. Their expertise, especially in SOX compliance, ensured a smooth and effective implementation process, exceeding our expectations."
Al-Dahra Agricultural Company U.A.E
"TAG’s commitment to excellence was evident in their work on our HR and Operations Manuals. Their attention to detail ensured alignment with our corporate policies, setting the foundation for improved efficiency across all our divisions. We were impressed with their thorough evaluation of our Environmental Services Division as well, which provided crucial insights for operational improvements."
AIMS Group L.L.C.
"TAG Management Consulting demonstrated exceptional professionalism in compiling our financial statements across various entities, ensuring timely delivery for external audits. Their deep understanding of both local and international portfolios made the process seamless and highly efficient. We highly recommend their services for financial management needs."
ACWA Power Group
Frequently Asked Question
Do you offer ongoing support after implementation?
Do you offer custom reporting and dashboards as part of your consulting solutions?
Is TAG Management Consulting suitable for SMEs as well as large enterprises?
How do you ensure data confidentiality and compliance during projects?
How do your corporate training programs improve team performance?
Stay Updated with Expert !
Subscribe to our newsletter and be the first to receive the latest industry trends, business tips, and exclusive updates from TAG Management Consulting. Empower your business with valuable knowledge and stay ahead in your industry.
