– Financial and Systems Audit. The assignment started on
5th January, 2017 to date. CCCC, is the Chinese Owned,
company instrumental in delivering the Lamu Port project
in East Africa.
– Financial Audit and Consultative Tax Compliance.
The assignment started on 5th February, 2017 to date. CRBC, a Chinese
Owned Company, has been the key industry player in the country’s
Road and Transport Network. The major projects undertaken under
their perve, include the Standard Gauge Railway Project (SGR),
The Likoni Floating Footbridge and now, the Mombasa Rd
Expressway. Our firm performs the engagement in a cyclic
manner, on an annual basis.
Africa Star Railway Operation Company (Afristar) is a world-class railway
management company. It is mandated to operate and maintain Kenya’s
Mombasa – Nairobi - Naivasha Standard Gauge Railway (SGR) which runs for
592 KM. They have been our client for the past 2 y ears.
Our major objectives in the engagement are: Carry out an efficient audit in
accordance with International Standards on Auditing. Examine books of account and consider whether
proper books of account have been kept by the company. Whether the company’s financial statements
are in agreement with the books of account; Ensure presentation of financial statements in accordance
with the International Financial reporting Standards including adequate disclosures of all information
required by statutes. Identify the accounting and reporting frameworks laid within the council in terms
of finance; Evaluate adequacy of the Internal Control System, Compliance with regulatory requirements.
Cale Infrastructure has been instrumental in delivering the Nairobi Expressway. It has delivered this
project over a short record time span of 2 Years. They have been our clients since the inception of the
Nairobi Express Way Project where we have overseen the review and Audit of the Financial Statements
presented by their directors. We have also handled Tax advisory issues with the clients in relation to
mega-investments and Customs regulations.
Our major objectives in the engagement are:
-Carry out an efficient audit in accordance with International Standards on Auditing.
-Examine books of account and consider whether proper books of account have been kept by the company.
-Whether the company’s financial statements are in agreement with the books of account; Ensure presentation of financial statements in accordance with the International Financial reporting Standards including adequate disclosures of all information required by statutes.
-Identify the accounting and reporting frameworks laid within the council in terms of finance, Evaluate adequacy of Internal Control System, Compliance with regulatory requirements.
- Financial and Systems Audit. The assignment started in February, 2018
to date.
- Financial and Systems Audit. The assignment started on 5th
January, 2019 to date.
- Financial and Systems Audit. The assignment started on 5th March, 2017 to date.
- Financial and Systems Audit. The assignment started in February, 2013 to date.
TransAfrica Motors Ltd
is a locally owned manufacturing and motor vehicle assembly company. It
deals in the importation, assembly and sales of FAW Trucks, Buses, Pick-Ups and Trailers.
Our firm observes the following objectives in the assignment:
- Provide a detailed statement of affairs on Liabilities and assets
internal control and risk of fraud
- Conduct audit on revenue allocation and usage
- Conduct audit on how unpaid expenses from the previous
financial years are handled.
- Design and perform detailed tests of internal controls,
- Develop a detailed audit procedure, perform analytic and data analysis procedures
- Perform a comprehensive Information Systems Audit
- Providing professional opinion on the financial position of the company and compliance with IFRS and other regulatory requirements
- Furnish the management with a letter indicating our observations, risk and recommendations on the weakness identified in the internal controls that come to our attention during the course of the audit.
- Obtain all objectives as set on out engagement letter - delivered business value, adherence to budget costs, meet service deliverables, and achieving client satisfaction.
- Provision of External Audit Services.
The assignment started on 1th January, 2019 to date.
- Provision of External Audit Services.
The assignment started on 1th January, 2020 to date.
- Provision of External Audit Services.
The assignment started on 1th January, 2018 to date.
- Provision of Tax Consultancy Services.
The assignment started on 1st April, 2021 to 1st April, 2023.
Our firm conducts the task of Ensuring compliance with all Tax Legislations;
- Annual Tax compliance, Handling Tax Assessments, Tax Compliance Audits, Tax Training, Advisory Services.
- We routinely perform the computation of annual tax liability, filing of annual income tax selfassessment returns with KRA, highlighting areas of tax exposure, review of tax assessment raised by KRA, advise on way forward regarding the assessments, participate in NSSF meetings with KRA, Object to tax assessments, represent NSSF in tax arbitration processes, Carry out a detailed tax compliance audit and advice on possible tax exposure areas or opportunities for tax planning, corporate tax, withholding tax, compensating tax, VAT, employee taxes, fringe benefit tax, deferred tax, retirement benefit schemes, customs duty, Tax training and advisory services.
