About us

Establishment:

Behmand audit firm was established in November 1979 by four ex-partners of Daghigh audit firm (a representative firm of the Deloitte, Haskins & Sells), which after Iranian revolution its operation has been winded. Due to circumstances resulting from the post-revolution era and the immigration of three founding partners, new partners joined the firm, one of which the ex-partner of PriceWaterhouse in Iran.

Behmand, through its sister firm of Hoshyiar/Behmand, represented PriceWaterhouse from 1982 onward and from 2000 was PriceWaterhouse Coopers’ cooperating firm till the winter of 2003.

Services:

Behmand, as one of the leading Iranian private sector audit firm, has provided its clients with a wide variety of professional services:

• Auditing services and legal inspection;
• Tax consultation;
• Assurance and investigative audits;
• Accounting systems design and implementation
• Business advisory services;
• Management consultancy services;
• Book-keeping and accounts modifications and correction services;
• Share value appraisal;
• Internal audit (COSO).

In recent years, we have concentrated on audit and are currently one of the most represented private firms in Tehran Stock Exchange and Central bank of Iran and have a variety of clients in every industry and line of business of private sectors as well as social institutions, which according the Iranian market are the tantamount of distinction and professional finesse.
Our Strength:

Our colleagues comprise a work force of unique qualifications compared to our counterparts; they are educated, dedicated to their work and loyal to their firm. Our staff, totaling about hundred, includes:

All our staff has at least a bachelor degree in accounting and relevant fields, and 8 of our staff are Certified Public Accountants and at least 25 are members of the Iranian Institute of Certified Accountants, the oldest Iranian professional body.

Our clients in recent years have been from a wide range of industries and service sector. They include private banks and investment and brokerage companies, social institutions such as organizations affiliated to municipalities, not-for-profit organizations such as charities, chambers of commerce and industries, various manufacturing companies in every field such as chemicals, oil & gas, pharmaceuticals, sugar and food and beverage, agro-industry, service industry and public media, retailing business and many more.

Our tradition of working and collaborating with the biggest firms, either from the time of Daghigh and Deloitte and then with PW and PWC, has greatly affected our work environment and practices, showing its impact through quality of services rendered and the goodwill of the firm’s name. The steady development and growth in the number of personnel and clients is one significant indicator.

Brief List of Categories:

1) The present number of our clients exceeds two hundred.

2) According to the Commercial Code and Direct Taxation Act, we have a total of 7 months from the year-end to submit our audit and tax examination reports. These diversified deadlines provide us with an ample opportunity to:
i) Plan and conduct our audit and investigation during the allowed time spans;
ii) Perform our duties and render our services with the present number of personnel without unnecessary havoc and reasonably refrain from frictions.
iii) Our work force is fully employed for the entire year.

3) Even though, we can easily adjust work plans and accommodate new clients and assignments, but every year we have to refuse many proposals to be assigned as auditors and legal inspectors. Because we have a strategy of planned steady growth and we accept new assignments just within this growth plan and in proportion to the growth of our colleagues, both quantitatively and qualitatively. In recent years, the number of such refusals has been about 20% of our clients.

4) We have a thorough on-the-job training and also, from time to time we have professional study courses. Recently, and to comply with the necessity of tax examining assignments, we had extensive tax courses, using a renowned tax expert. At present, we regularly have training courses for our staff either through the Iranian Association of certified Public Accountants or in-house trainers.

5) The following list shows a brief list of business categories our present clients do business therein. We have extensive experience, within the 36 years life of the firm and the longer period of its partners’ professional life, in rendering services to banking and insurance institutions, oil and gas industry and many other fields of economic activities.

A brief list of our clients’ diversified fields of activities:

 Textile & Weaving Industries
 Chemical & Pharmaceutical Industries
 Building & Contracting
 Distribution & Retailing
 Investment & Financial Intermediaries
 Agro-Industry & Cattle Raising
 Machinery, Equipment & Metal Industries
 Mining, Related Industries & Non-metal Ores
 Printing, Printed Media & Paper Industries
 Trading & Service Industry
 Food & Beverage
 Oil & Gas- related industries
 Insurance & Pension Funds
 Private Banks
 Leasing ,exchange and funds