We work with many different types of companies within Tanzania Mainland and Zanzibar. Our clients range from small to large businesses.
Management
Management accounting combines accounting, finance, and management with the leading advantage systems needed to drive successful businesses. Regular management information is vital to the continued success of any business. We will work closely with you to get to know your business so we can make suggestions to help improve profits and grow your business.
We will prepare management accounts monthly or quarterly based on your requirements to ensure you always have reliable and accurate information to understand the position of your business.
Accountancy
The year end accounts provide invaluable information about your business and are particularly useful if, for example, you wish to make a mortgage application or raise finance.
We can advise you on how to strengthen your record keeping procedures which in turn will help you run your business more effectively. Having accurate, timely management information can assist you in managing your stock levels, your customer balances owed, your supplier balances due and your cash flow.
Your accounts will be prepared in accordance with accounting standards and we will check that you are claiming everything you are entitled to.
Whether you are a sole trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be an extremely stressful and time-consuming exercise. Our accountants offer competitive pricing with flexible appointment times and are dedicated to offering a professional, friendly service.
Bookkeeping
This is a crucial part of any business organisation which allows businesses to collect information on a timely and accurate basis. This enables the firm to prepare financial information to provide reliable and accurate information of the business performance to the management in order to simplify up-to-date decision making.
Depending on your requirement we can do this at your offices or at ours.
We would work with you to understand the business and tailor our approach to your requirements so your business gets exactly what is required. We would provide an interpretation of the information to help you understand your business more closely and compliant.
We can also provide you with management accounts on a monthly or quarterly basis. We will give you access to the system to see the progress of your company and download any reports required.
Audit
An audit is the inspection of the financial report of the business – as presented in the annual report – by someone independent of that business. The financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory notes.
The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, reflects the financial position of the business at a given date such as:
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Details of what is owed and what the business owes are properly recorded in the balance sheet
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The business profits or losses properly assessed
We will help you by:
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Checking of the financial reports.
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We follow auditing standards which are set by a government body.
Once the audit work completed your business will get an audit report, explaining what has been done and an opinion drawn up for the audit work
The Auditing services provided are:
Internal Audit: we will help you check for the key elements to assure survival and prosperity of your business.
Management and System Audit: we will help you check the methods and policies in place to establish effective level of management and suggest improvements where needed to raise the standards of your company’s management.
Special Audit: we will review and assist you to achieve the objectives based on the audit report.
Other Services
We can help you with other services listed below to help you focus on putting your ideas into actions and reduce your costs.
We can help you with:
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Investigations
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Business Advisors & Consultants
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Budgeting and forecasting
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Business valuations
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Arbitration
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Liquidation of companies
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Registration of trademarks/patents/copyrights