Fatma Saqr Al-Rushood - Chartered Accountants & Consultant
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Fatma Saqr Al-Rushood - Chartered Accountants & Consultant X

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Fatma Saqr Al-Rushood Group



Chartered Accountants & Consultants

Financial & Accounting Advisory

Trademarks & Intellectual Property

Accredited in the capital market authority

Academic Qualification and Training & Habilitation Courses

  • Held a Bachelor of Accounting Degree from Kuwait University on the 17th of June 1996.
  • Participated in a training course, held by the Ministry of Finance, Training Department, under the program of preparing financial settlements for trusts and custodies during the period from 28 November 1998 to 2 December 1998.
  • Participated in a training course in the Ministry of Finance, Training Department, Integral Financial Systems Program, during the period from 20 May 2006 to 24 May 2006.
  • Participated in a training course in the Ministry of Finance, Training Department, under the program of Accounting Treatment of Financial Activity in governmental entities, during the period from 13 May 2006 to 17 May 2006.
  • Participated in a training course in the Ministry of Finance, Training Department, Civil Service Law and Regulation, during the period from 29 April 2006 to 3 May 2006.
  • Participated in a training course in the Ministry of Finance, Training Department, Habilitation of Chief Accountants Program, during the period from 1 April 2006 to 12 April 2006.
  • Participated in a training course in the Ministry of Finance, Training Department, under the program of Financial Records Inspection and Review, during the period from 4 November 2000 to 8 November 2000.
  • Participated in a training course in the Ministry of Finance, Training Department, under the program of government accounting, during the period from 22 November 1997 to 3 December 1997.
  • Participated in a training course held by Baker Tilly, International Consultants, under the International Accounting Standards, during the period from 22 April 2006 to 26 April 2006. 5
  • Participated in a training course at Invest Consultations and Training Course, under the Methods of Auditing and internal Review Program, during the period from 16 April 2006 to 19 April 2006
  • Participated in a training course, Euromatic in Dubai, UAE, under the Planning and Financial Control Program according to the International Standards, during the period from 20 December 2003 to 24 December 2003.
  • Participated in a training course, the Ministry of Finance, in participation with Al-Manhal Administrative Consultations Center, under the Program of Preparing Memorandums, Correspondence and Reports, during the period from 6 May 2006 to 10 May 2006.
  • Participated in a training course at Al-Ayoub International Private Training Institute, in participation with Jumana Administrative Consultations Co., under Communication Skills Program, during the period from 22 April 2000 to 26 April 2000.
  • Participated in a training course at the Future Consultations Center, held at the training center of the Ministry of Finance, under the E-Tables Software (MS Excel XP), during the period from 11 December 2004 to 15 December 2004.
  • Participated in a training course at the Future Consultations Center, held at the training center of the Ministry of Finance, under the MS Outlook XP program, during the period from 10 June 2006 to 12 June 2006.
  • Participated in a training course at the Kuwait Association of Auditors and Accountants (member of the International Accountant Union and member of the General Union of Arab Accountants and Auditors, under the habilitation course program for the registration examination (financial accountant, costs, law, review), during the period from 25 December 2007 to 18 March 2008.
  • Participated in a training course at the Kuwait Association of Auditors and Accountants (member of the International Union of Accountants and member of the General Union of Arab Accountants and Auditors), under the program of Investment Tools and Islamic Finance, during the period from 11 March 2012 to 15 March 2012. 6
  • Participated in a training course held by Baker Tilly, international consultants, under the International Accounting Standards Program, during the period from 21 December 2008 to 25 December 2008.
  • Participated in a training course held at the Future Sciences Consultations and Training Co., under the program of promoting auditor’s performance, during the period from 7 June 2009 to 11 June 2009.
  • Participated in a training course in the Expert Training and Consultations House, in participation with the Ministry

Experience & Acquired Skills

Thanks to my fifteen-year experience of work in the Ministry of Finance, I have acquired extensive experience and skills during my work in the governmental sector. My accumulated expertise and passion for accounting and financial aspects, I have decided to open my own office, which I have equipped and supplied with distinguished capacities, represented in my work team, who hold many accredited certificates and distinguished skills and expertise. Therefore, I have mastered many expertise and skills, as follows:

Prepare final accounts for public entities, as assigned by the Ministry of Finance. These entities included:

  • Public Authority for Investment
  • Public Authority for Minors Affairs
  • Public Authority for the Estimation of Compensation
  • Public Authority for the Estimation of Compensation
  • Public Authority for Youth and Sports
  • Public Authority for Environment
  • Public Authority for Civil Information
  • Kuwait Fire Department

Control and Inspection on public entities.


  • Prepare monthly reports on a quarterly and semi-annually follow-up and on the third quarter of the financial years.
  • Prepare and compare closing statements of public entities at the end of every financial year, in accordance with the policies and accounting standards applicable in this regard.
  • Respond to enquiries from public entities for whom monthly reports were submitted and assist them in solving any obstacles in the preparation of closing accounts for the entity subject to the audit.
  • Audit Trust and Custody accounts for the entities subject of audit and prepare necessary reports, indicating any required settlements, defaults in settlement and causes that directly or indirectly lead to a failure of settlements.
  • Attend sessions of the financial committee of the National Assembly for studying and discussing closing accounts.
  • Prepare closing accounts at the end of the financial year and prepare notes thereon, which will be presented to the Council of Ministers and the National Assembly for discussion.
  • Control and audit banking statements and attend the safe counting.
  • Prepare studies for the financial control sector of the Ministry of Finance.
  • Prepare accounting studies and audit all financial lists in order to detect the causes of defect in the Public Authority of Youth and Sports. The work included been working in the Authority for a period of five years as Financial and our terms of reference Public Authority for Youth and Sports:
    • to control the implementation of the budget of the Party a to the income and expenses and to study the aims of the uses and resources
    • To clarify and show the basic concepts of the instructions issued by the Ministry of Finance to the Governmental parties and technical direction to the workers at the accounting units.
    • To attend the meetings of Committees in charge of preparing the party budget project
    • To attend the bids and tenders committees formed by the Party
    • To verify the previous commitments in order to avoid any excess in the payment compared to the budgetary appropriations and to prepare the reports necessary for the non-settled commitments and to show the reasons thereof.
    • To peruse the entire contracts and entitlements within the limits of the amounts required to be presented to the Central Tenders Committee or the approval o the Ministry of Planning before concluding it in order to verify the validity of the procedures according to the laws, by-laws and instructions.
    • To approve returning the penalties to contractors or suppliers after verifying that the decision of canceling or decreasing them has been issued by the competent Authority.
    • To verify that the penal conditions have been imposed on the suppliers or contractors in the case of violating the contract conditions.
    • To study the personal petty cash and get a license to pay them in the light of the financial instructions.
    • o sign the payment, entry and supply certificates after reviewing them with the entire supporting documents and to verify the validity and safety of procedures and match them with the laws and financial instructions.
    • To verify the collection and supply of incomes according to the financial laws and instructions.
    • To participate in the periodic inventory committees of the cash in the Fund, along with the fiscal and postage stamps and the approval thereof.
    • To review the accounting records and books to verify the commitment thereto.
    • To study the entire documents related to increasing amounts to the trust accounts and to verify that they match the instructions issued by the Ministry of Finance.
    • To study the internal auditing systems and the extent to which it matches the auditing provisions on the financial operations.
    • To verify the validity of the assets inventory procedures of all types.
    • To carry on the implementation of recommendations of the different control authorities at the State.
    • To prepare periodic reports about the results of the prior financial auditing and wasting funds in general spending
  • Study and audit accounts related to the players’ skills professionalism. - Follow-up Clubs’ accounts in regard to revenues and expenses. - Follow-up costs of accounts concluded by the Authority during the financial year, whether they are maintenance contracts or other and check these accounts to reach the result of closing accounts.Audit financial payment transactions and deposit of revenues in banks and personnel’s salaries.
  • Prepare closing financial statements and several accounting studies for major financial companies and corporations in the State of Kuwait through the auditing office, opened in Al-Marqab.