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تواصل معنا
Hanooot accounting & financial services: bookkeeping, payroll, and IFRS-compliant financial reporting for businesses in Iraq. Monthly close target: Day 5. IQD/USD dual-currency reporting. Full compliance with Iraqi labour law and social security. 85% annual client retention. 3.2 billion IQD in managed client revenues. Serving Baghdad, Erbil, and wider Iraq since 2022.

Accounting & Financial Operations
in Iraq

Bookkeeping, payroll, and IFRS-compliant reporting. Monthly close by Day 5. Dual IQD/USD currency management. Reports ready for international partners and investors.

Day 5
Monthly close target
85%
Annual client retention
3.2B IQD
Managed revenues

How we set up your financial operations

  1. 01
    Assess current bookkeeping and reporting gaps
    Hanooot reviews your current financial processes, identifies compliance gaps, and defines the reporting requirements.
  2. 02
    Set up accounting software with dual-currency support
    Zoho Books or QuickBooks is configured with IQD/USD dual-currency, Iraqi chart of accounts, and payroll compliance.
  3. 03
    Establish monthly close cycle
    A structured monthly close cycle is put in place, targeting Day 5 delivery of management accounts.
  4. 04
    Payroll processing and social security compliance
    Monthly payroll is processed in compliance with Iraqi labour law and social security obligations.
  5. 05
    Quarterly IFRS-aligned reporting
    Quarterly financial statements prepared to IFRS standards, ready for international partners and investors.

Frequently asked questions

What accounting standards does Hanooot use?

Hanooot prepares financial reports to IFRS international standards, with full compliance with Iraqi labour law and social security requirements.

How quickly does Hanooot close the books each month?

Hanooot targets a Day 5 monthly close — meaning financial statements are ready within five business days of month end. This gives clients fast, reliable visibility into their numbers.

Does Hanooot handle payroll?

Yes — Hanooot's financial services include payroll processing, social security contributions, and leave management in full compliance with Iraqi labour law.

Can Hanooot handle dual-currency reporting (IQD/USD)?

Yes — Hanooot manages IQD/USD dual-currency bookkeeping and reporting. Clients operating with both currencies receive statements in both, with exchange rate reconciliation included.

Is Hanooot's financial reporting suitable for international investors?

Yes — Hanooot prepares IFRS-aligned reports specifically designed to satisfy the requirements of international partners, investors, and auditors reviewing Iraqi operations.

Want IFRS-compliant books by Day 5?

We will assess your current setup and show you exactly what needs to change.

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