External/Statutory Auditing
Auditing is an independent examination of an entity’s historical financial information by a professional accountant with the objective of forming an opinion on the said historical financial information.
Assurance refers to a high degree of confidence. Parties engage professionals in assurance engagements in order to be satisfied that the subject matter is as purported to be. Auditing provides a high (but not absolute) level of assurance i.e. reasonable assurance. Read more.
Internal Auditing
Whereas external auditing caters for outsiders of the entity whose financial statements are being audited, internal auditing is takes care of the management of the reporting entity.
Internal auditing is an appraisal system established by management for the review of the accounting control systems as a service to the entity. It is an objective, consulting and value adding activity. Read more.
Accounting & Bookkeeping
Accounting is a discipline concerned with capturing, recording, analyzing and forecasting of business and financial data to generate information on economic activity of an organization. Read more.
Taxation
An economy has her revenue earned from the operating results of trading entities, from individuals and value added to services and goods. This is by way of tax.
Tax is a government levy and is enforceable under applicable taxation laws in Kenya. Read more.
Payroll Administration
A payroll system refers to the activities put in place by an entity in order to ensure accuracy and completeness in payment of salaries and wages to its employees and in good time. Read more.