Company timeline

Thank you to all the customers, students, partners for being with us for the past 17 years.

  • 2017

    Mongolian Institute of Certified Public Accountants rated financial statements of all the audit companies and Magic Consulting Audit LLC was ranked at 6 out of 143 companies in 2016.

    an ERP system “XAMT” starting to deliver work time logging, work efficiency improvement and user service sub systems was introduced in XAMT ERP.

    Acquired a permission for professional tax advisory and audit in Orkhon branch.

    Completed 1300 graduations at course center.

    Celebrated 10th year anniversary

  • 2016

    The first nationwide conference for the “Magic Finance” software users and clients.

    Mongolian Institute of Certified Public Accountants has named the Magic Consulting Audit LLC as “Company with the best growth in employment”.

    Mongolian Institute of Certified Public Accountants rated financial statements of all the audit companies and Magic Consulting Audit LLC was ranked at 17 out of 137 companies

    Became the first ever company that made an integration according to the Law of audit 9.2, 9.3, merged the tax advisory and training course to Magic Consulting Audit LLC.

    3rd branch in the capital city, “Zaisan” branch was established.

    “Khoroolol” branch upgraded to “Colarado Business Center” with a client and services centric mindset.

    Financial Regulatory Comission granted a permission to perform auditing services in insurance sector and in insurance services.

    Created a comic as a public awareness raising campaign to improve financial education among the Mongolian businesses owners.

  • 2015

    A financial courses dedicated for business executives mana started.

    “XAMT” ERP released to the market. This ERP was developed by the Magic Cloud LLC.

    “Magic Capital” Non-Banking Financial Institution established.

    MAGIC FINANCIAL GROUP was established.

    Public educational campaign on new Economic Transparency Law was carried out for the clients and business owners.

    A branch was established in Umnugobi provinceprovince.

  • 2014

    Magic Choice specialized tax consulting company was established with FRC’s permission to run professional tax consultant services. A new office with a 300m2 area opened in a business district.

    Financial education campaign continued with the sequel of “Namjil” comic and with a title “Namjil hired an accountant” was created.

    Magic Choice LLC started a cooperation with with Shidet Shiidel LLC and started software company “Magic Cloud LLC”.

    Group’s brand book was updated.

    Magic group was rewarded as a "BEST COURSE CENTER" during a the national finance experts day.

  • 2013

    File cloud services www.file.sanhuu.mn was launched by offering all kinds of financial files.

    A comic /cartoon/ named as “Namjil became an accountant” was created.

    Our women’s basketball team won a bronze medal from sport competition among auditing entities that was organized by Institute of Mongolian Certified Public Accountants.

    A “Project of financial reports preparation” course for financial reports preparation of large entities as a team started.

  • 2012

    The branch of 10th microdistrict was moved to 3,4th business district and the size of working area was expanded to 200m2.

    A short documentary movie was created by the group’s 5th year anniversary.

    A modern "Tsartsaa Namjil" comic /cartoon/ was created. The brand comic depicts a typical business owner story. It specifically designed to deliver financial education and marketing campaigns to Mongolian business people’s mindset.

    The branch of Institute of Commerce and Business was moved to a prime location, Gandirs tower in which the space is considered as a real estate. The working area was expanded with 3 course rooms.

  • 2010

    A week tax course started.

    Magic Consulting Audit LLC was established and got a certification from Ministry of Finance to provide audit and assurance services.

  • 2009

    The third branch was established in 10th sub district, Ulaanbaatar.

    Established the 4th branch in Erdenet city.

    A week course for the bookkeepers started.

    Video lessons about bookkeeping, finance, taxing International Standards of Accounting/ISA/, International Financial Reporting Standards /IFRS/ were prepared and uploaded to www.tube.sanhuu.mn site.

  • 2008

    Second branch of course center was established in Darkhan city.

    www.sanhuu.mn a financial portal site launched.

    Fulfilled requirements of rules for controlling accounting software from Ministry of Finance and acquired a copyright for Magic Finance software.

  • 2007

    Magic Choice course center was established in Institute of Commerce and Business /ICB/.

    Acquired a permission to teach courses in Accounting from Institute of Mongolian Certified Public Accountants /IMCPA/.

    Acquired a copyright of “Magic Finance” finance and taxing software from Intellectual Property Authority of Mongolia.

    A 14 days course to teach financial reports preparation by hand and using “MAGIC FINANCE” software started.