We offer financial accounting and financial reporting services tailored to meet your business reporting needs to help you determine your business performance through income and expenditure reports, financial position, and cash flow analysis.
We endeavor to remain accurate and maintain a birds-eye view of all your business transactions and reporting requirements to help provide independent and professional reports.
Tax Accounting and Tax Compliance
We help our clients in tax accounting and tax compliance through the determination of Value Added Tax (VAT), Pay As You Earn (PAYE), Withholding Tax (WHT), and other applicable taxes in Kenya.
Our role is to help our clients comply with Kenyan tax regulations and minimize tax exposure through enhanced compliance.
Our business advisory services are typically customized to meet the unique needs and goals of each business. We work closely with business owners and executives to understand their challenges, provide objective analysis, and offer practical recommendations.
The goal of business advisory is to support businesses in making informed decisions, improving performance, and achieving sustainable growth in a competitive market.
We highlight below some of the common questions our clients ask
Financial consulting is a service provided by experts who offer professional guidance and advice on various financial matters. It can benefit individuals and businesses by helping them optimize their financial decisions, manage risks, plan for the future, and achieve their financial goals effectively.
Accounting is a systematic process of recording, summarizing, analyzing, and interpreting financial transactions and information of an individual, business, or organization. It involves the measurement, processing, and communication of financial data to provide stakeholders with accurate and relevant information for decision-making, financial reporting, and ensuring regulatory compliance.
Financial accounting differs slightly from tax accounting which aims at determining the true tax profit taking into considerations various tax provisions for deductible and non-deductible business expenses for filing tax returns with the Kenya Revenue Authority. The tax computation form is a product of tax accounting.
Yes! We provide reports prepared in accordance with relevant reporting frameworks such as International Financial Reporting Standards (IFRSs) and Generally Accepted Accounting Principles (GAAPs). We also consider special reporting requirements such as donor reporting requirements and sector-specific reporting requirements such as Capital Markets Authority (CMA) reporting requirements.
These reports can be used by various parties such as the regulators e.g. KRA and financial institutions for extension of credit facilities. Investors and managers rely on financial reports to make various business decisions.
Hiring a financial consulting company brings several advantages. They have specialized knowledge and experience in various financial areas, allowing them to provide expert advice and access to sophisticated tools and resources. They can save you time, help you make informed decisions, and potentially maximize your financial outcomes while minimizing risks.
Financial consultants can provide financial analysis, cash flow management, strategic planning, risk assessment, assistance with financing options, budgeting and forecasting, performance optimization, and guidance on business process improvement.
In a nutshell, financial consultants help businesses make informed financial decisions and improve their overall financial health
The fee structure may vary depending on the financial consulting company and the services provided. Common fee structures include hourly rates or flat fees for specific projects or services.
When choosing a financial consulting company, consider factors such as their expertise and experience in the specific areas relevant to your needs, their reputation, client testimonials, fee structure, and the level of personalized attention they offer.