Tax Planing

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to minimize your tax liability.
We make it a priority to enhance our mastery of the current tax law and regulations and constantly updating our clients on the likely impact on their businesses.

Tax Agency Services

Tax agency services are services relating to both corporate and individual tax payers:
We ascertaining and advise about obligations or entitlements of tax payers under taxation law
We representing tax payers in their dealings with the Commissioner of KRA in relation to their tax matters

Payroll Taxes

We will support our clients in developing and maintaining tax efficient remuneration structures that will not allow for leakages in unexpected taxes.

Tax Health Checks

We perform tax audits geared towards helping our clients to minimize their exposure to non-compliance with tax laws and regulations.

Tax Alerts

We proactively issue tax alerts on changes happening to tax laws and regulations and refining these to their likely impact to our clients be they corporate or individual tax payers.

Audit & Assurance

Although audits are often a requirement, the information obtained though audit procedures can assist our clients to improve business operations and future operating results.
Our work may include a review of internal controls, detailed testing of transactions, analytical review and such other alternative procedures such as direct confirmation with third parties. Based on our findings, we issue a report fulfillment to the terms of engagement.

Statutory Audits

Annual audit of financial statements done in fulfillment of laid down laws and regulations.

Special Audits

Audits initiated by clients in order to achieve a stated objective.

Forensic and Investigative Audits

Audits required in the event of suspected fraud or irregularity.

Project Audits

Audit meant to provide assurance to donors that project objectives were achieved with the planned time frames and budgeted costs. That donor funds were efficiently applied and the target community benefited from the project.

Internal Audits

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. Examples of engagements we may perform are such as financial, performance, compliance, system security, due diligence etc.

Advisory & Consulting

Your needs may not stop at audit and tax. Often there are pressing operational challenges that fall outside the traditional realm of what a typical accounting firm can offer you. We understand that and it is the reason why FAS is not just a typical accounting firm

Accounting

Some of clients may not find it efficient to retain an experienced accountant in their workforce and thus can completely outsource the accounting function from FAS. We will take responsibility for and manage the day to day accounting functions such as:

  • Book-keeping

  • Back office accounting

  • Financial reporting

  • Financial management

Financial Management

Client or project focused financial management services. This ideally targets grants or other funds geared towards implementation of specific projects. FAS has capacity to take custody of the funds and oversight the same according to stipulations given by the donors. FAS has also the capacity to provide periodic reporting as per specific donor requirements.

Payroll Services

Payroll works best when handled confidentially. That is why FAS payroll outsourcing service is most suitable. Put simply, you pass us your data, and we process your payroll, ensuring employees are paid accurately and on time, every time, while keeping you legislatively compliant. Also we are tech savvy and so you don’t have to be.

Due Diligence

We offer an integrated service that puts together the following:
Financial due diligence focuses on verifying the financial information provided and to assess the underlying performance of the business.
Commercial due diligence considers the market in which a business sits, for example involving conversations with customers, an assessment of competitors and a fuller analysis of the assumptions that lie behind the business plan. All of this is intended to determine whether the business plan stands up to the realities of the market.

Business Valuation

To paint an accurate picture, the valuation of a business or its underlying assets calls for a combination of science and experience.
The business valuation consultants at FAS offer practical insight into the strategic, operational and financial affairs of the business–so you can understand the real value–regardless of industry. Based on relevant market data and the latest valuation techniques, our business valuation consultants perform an in-depth analysis to provide you with an accurate and defensible business valuation report.

Feasibility Study

A feasibility study is crucial to starting a new business or initiative. It can also be the difference between success and failure when identifying a new opportunity for an existing business.
Our feasibility studies define the new project, product or service and then assess its viability. We analyze the proposed initiative in terms of expected performance objectives and provide a guide to implementation. If the feasibility study is accepted, we then normally move to the business planning stage.

Risk Management

Enterprise Risk Management – acting as an independent third party to review and benchmark an existing ERM framework, or helping clients to develop and implement ERM in their organizations.
Governance, Risk and Compliance – advising our clients on their GRC exposure across their organization or in specific functional areas (IT, physical security, compliance), and providing practical and pragmatic solutions

Business Re-engineering

Our consulting team will conduct a detailed study of your systems and carry out a radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times and quality.

Business Continuity Planning

Our consulting team will help you to identify threats and risks facing your company, in order to ensure that human resources and facilities are protected and able to continue functioning even in the event of unforeseen disaster.