1. External audit/ Statutory Audit
This is an independent evaluation of our client’s books of accounts which involves evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial statements.
It covers all external audit activities to ensure that the entity complies with the appropriate fiscal requirements, accounting standards, and other legislation governing the financial records of the entity
The objective is to express an opinion on whether the information presented in the financial statements, reflect the financial position of the organization at a given date
2. Bookkeeping & Accountancy
Gathogo & Associates provides monthly accounting services which give businesses the benefit of having an accounting department without incurring a significant investment. When in‐house staff can’t keep up with the workload, we can step in and help you with the bookkeeping, monthly or quarterly or as may be agreed. We can therefore help your staff keep important projects on track.
Not only do we offer premier accounting service, we pledge to be an integral part of your accounting team. We offer a close and committed relationship.
We work with our clients to determine the proper level of financial reporting that is necessary for their business, and work with your staff so we may provide these services in the most professional and efficient manner possible.
3. Tax Advisory
Our vast experience in this field has enabled us to deal with the tax affairs of corporate as well as individuals in various fields of industries.
We offer the following service by reviewing the client accounting system and determining that they are fully compliant with all tax requirements. Any non-conformity will be reported and necessary actions suggested.
We carry out the following specific tasks;
- Computing and advising year end corporate taxes payable and advising the due dates of submission
- Tax health checks and advisory
- Representation during KRA audits
- Vat Audit and facilitation of refunds where applicable.
- Completing and submitting the statutory tax returns of companies and individuals on the due dates.
- Reviewing annual Pay as You Earn (PAYE) returns followed by submission on due dates.
4. Consulting
Our team brings to each engagement a wealth of “real world” business, industry and professional experiences on the following areas.
i) Internal audit
Our team boasts of expansive expertise carrying out internal audit assignments for clientele in diverse industries. We undertake outsourced Internal Audit assignments where we carry out the internal checks on periodical basis i.e. monthly or quarterly as may be agreed and depending with our customer’s needs.
For organizations with their own in-house internal audit department we undertake the following consultations;
- We will help in advising on establishment of internal audit department, appropriate structure and reporting lines
- Special audits and investigations;
- Conducting audit quality assurance and improvement assessments.
- Performance or value for money audit;
- Independent Inventory Audits
ii) Risk Management
We will help your organization in the following areas related to risk management;
- Advising and helping in derivation of risk management tools in relation to incident reports, loss data collection, Risk control and Self-Assessment tools, Key risk indicators etc.
- Enhancing Risk awareness levels by developing risk training materials, conducting training sessions for management and staff.
- Charting and documenting an entity’s internal processes covering the entire functions of the organization
- Reviewing the entity’s implementation of business continuity policy, framework and plans ascertaining that they meet best practice and where necessary, the regulator benchmark.