In light of the above, the firm has the expertise to conduct a broad range of audits, including:
We can act as your financial manager or provide back-up support to existing financial accounting functions on a temporary or long- term basis.
We are well equipped to assess the commercial benefits and potential drawbacks of your acquisition plan. Assist you in the identification of assets and liabilities, operational issues and gather industry related information. We verify specific management representation and analyze the credibility of information.
Our internal audit service includes: Examination and evaluation of financial & operating information, VFM audits, Review of compliance with laws and regulations, Review of internal policies and Risk assessments. We reviews, monitors and makes cost effective recommendations for the improvements of your systems.
We can formally wind up a company to repay creditors and shareholders. We find out what the company’s assets and liabilities are, continue trading temporarily if it is beneficial to winding up, and make arrangements for the realization of assets and payment of creditors and shareholders.
We understand the value of going beyond just providing client service and actually transferring knowledge. We provide trainings for you and your finance team as well. We have the expertise to provide training on Ethiopian tax laws, Peachtree accounting, book keepings and the basics of accounting. Other trainings are arranged as per client’s requirements.
Our team is well placed to design and implement your accounting system, prepare financial manual and guidelines which suit your business and sector. We also advise our clients on issues arising from new legislation such as International Financial Reporting Standards (IFRS), International Public Sector Accounting Standard (IPSAS), and Generally Accepted Accounting Principles (GAAP).
Are you first time adopter of IFRS/IPSAS? Don’t worry! We are available to assist you in all aspects of your company’s conversion to International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standard (IPSAS). We offer a range of services to assist in converting to IFRS/IPSAS, including executing the conversion plan and monitoring the process.
Our payroll service is a single-step solution that can limit your payroll work to simply submission of the monthly input data to us. Our works commonly includes preparation of payroll, pay-slips and payroll reports, preparation of remittances, issuing payroll cheques and bank transfer instructions, designing tax efficient remuneration packages and filing monthly returns with the authorities.
We will help you in structuring business transactions so that you maximize after-tax profit. Our assistance in the preparation and declaration of monthly tax returns including Value Added Tax, Withholding Tax, Income Taxes, and excise taxes keep you and your company away from any possible government penalties. We also update you on new regulations and amendments on taxes and their effect on your business and reporting.
We provide assurance to our clients regards to: Compliance with internal company policies and procedures; Compliance with local laws and regulations; Reliable financial reporting; Effective and efficient financial controls and system; and Adequate protection of company assets against fraud.
The firm has audit and consulting clients across various industries and sectors and the firm’s client base is growing rapidly. Our practice focuses on providing services to Companies ranging from local to foreign investors.
Industries and Sectors we involved in are: