Mazars

Mazars, now operating as Forvis Mazars in Bahrain, is a prominent player in the global professional services industry, offering a comprehensive range of audit, accounting, tax, and advisory services. The firm's presence in Bahrain has significantly contributed to the local financial landscape, providing tailored solutions to a diverse clientele.​

Establishment & Growth in Bahrain

Forvis Mazars established its Bahrain office in April 2011 through a cooperation agreement with a Bahraini U.S.-qualified public accountant. By September 2011, the firm fully integrated into the international partnership of Mazars, marking a significant milestone in its expansion within the Gulf Cooperation Council (GCC) region. The Bahrain office specializes in audit, accounting, tax, and advisory services, leveraging extensive local market knowledge and the expertise of partners with substantial experience from leading global firms.

Leadership & Team Expertise

The Bahrain operations are led by Managing Partner Fadhel AlShehabi, who brings a wealth of experience to the firm. In February 2024, the firm strengthened its leadership team by appointing Haziq Neshat Akhtar as a partner in the Advisory business. Haziq, with over 14 years of experience in risk advisory, corporate finance, internal audit, financial crime, and Shariah audits, relocated from Pakistan, where he previously served as a partner at BDO in Karachi. His addition underscores Forvis Mazars' commitment to enhancing its advisory services and expanding its footprint in Bahrain.

Global Integration & Rebranding

In June 2024, Mazars and FORVIS, a top-ranked U.S. firm, launched their new global network, Forvis Mazars. This strategic move created a $5 billion global entity, marking the largest new entrant into the global rankings in decades. The two-firm network operates under a single brand worldwide, providing agility, capacity, and coverage to support clients globally. This integration enhances the firm's ability to deliver seamless, high-quality services across borders, benefiting clients in Bahrain and beyond.

Services & Clientele

Forvis Mazars in Bahrain offers a broad spectrum of services, including:​

• Audit and Assurance: Providing independent assessments to enhance the reliability of financial information.
• Accounting and Outsourcing: Delivering comprehensive accounting solutions tailored to client needs.​
• Tax Advisory: Offering strategic tax planning and compliance services.​
• Consulting and Advisory: Assisting clients with risk management, corporate finance, and business transformation initiatives.

The firm's clientele ranges from large multinational corporations to smaller, owner-managed businesses and high-net-worth individuals. As an independent market challenger, Forvis Mazars provides customized solutions, leveraging its adaptable and flexible service range to meet diverse client needs.

Commitment to Quality & Ethics

Forvis Mazars is a member of the Forum of Firms, an association dedicated to promoting consistent and high-quality standards in financial reporting and auditing practices worldwide. Membership requires adherence to international standards on auditing and ethics, as well as maintaining robust quality control standards. This commitment ensures that Forvis Mazars delivers services that meet rigorous international benchmarks, fostering trust and reliability among clients.

Regional Presence & Collaboration

Beyond Bahrain, Forvis Mazars has a robust presence across the Middle East and North Africa (MENA) region, operating in over 37 countries and territories. This extensive network enables the firm to offer clients comprehensive services that consider both local nuances and international best practices. The firm's collaborative approach within the GCC area ensures that clients receive seamless support, regardless of their geographic location.

Notable Engagements & Initiatives

Demonstrating its expertise in the gems and jewelry sector, Forvis Mazars was appointed by FURA Gems in January 2023 to lead the process for Responsible Jewellery Council (RJC) certification. This project involved preparing FURA's mining operations in Colombia, Mozambique, and Australia for RJC certification, highlighting Forvis Mazars' capability in managing complex, multinational engagements and its commitment to promoting responsible business practices.

In short, Forvis Mazars in Bahrain exemplifies a blend of local expertise and global reach, offering a wide array of professional services tailored to meet the evolving needs of its clients. Through strategic leadership appointments, global integration, and a steadfast commitment to quality and ethics, the firm continues to strengthen its position as a trusted advisor in Bahrain's dynamic market.

Service Locations

​Forvis Mazars Bahrain, located in Manama, primarily serves clients within Bahrain. As part of the Forvis Mazars network, the firm also collaborates with offices across the Middle East, including countries such as Saudi Arabia, Qatar, and Oman, to provide comprehensive professional services throughout the region.