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Explore a treasure trove of knowledge and perspectives through our Blogs. Written by our seasoned professionals, these articles delve into diverse topics such as tax strategies, audit best practices, advisory insights, and the transformative power of business technology.
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In the world of financial auditing, the concept of audit risk is foundational. It represents the possibility that an auditor might issue an incorrect opinion on a set of financial statements, failing to identify material misstatements
International Accounting Standard Board (IASB) issued amendments concerning requirements for sale and leaseback transactions in IFRS 16. It explains how a seller-lessee accounts for a sale and leaseback after the date of the transaction
Withholding income tax is a tax deducted by a person making specific payments prior to paying the amount due and then remits the tax so deducted to the Kenya Revenue Authority within 5 working days after the deduction is made.
While it may seem paradoxical, businesses should be exploring the potential of transformation to improve their performance and capacities during difficult economic times. We provide insight to the difficulties that African Businesses within the eastern and central Africa face in establishing operational resilience.
The Kenya Revenue Authority (KRA) through its public notice issued on 31 July 2024 informed taxpayers of its ongoing exercise of migrating legacy balances for Value Added Tax (VAT) and Income Tax onto the iTax system.
The Kenya Revenue Authority (KRA) issued a technical circular on April 4, 2024, to provide clarity on their interpretation of Section 5(4)(f) of the Income Tax Act (ITA), which deals with the taxation of meal benefits for employees.
In the world of financial auditing, the concept of audit risk is foundational. It represents the possibility that an auditor might issue an incorrect opinion on a set of financial statements, failing to identify material misstatements.
With increased compliance requirements especially from a tax perspective, proper bookkeeping and awareness of tax compliance intricacies has become extremely vital for all businesses and business o...
Public sector reform is a process and not a one-time event, prompting the need to identify and address emerging opportunities and prevailing challenge...
NGOs and the Public Sector complement each other in promoting effective governance, risk management, and compliance practices. By working together, they contribute to building resilient and transpa...
Worldwide, governments are actively seeking innovative taxation strategies to mitigate negative externalities and fund the provision of public goods and services in an evolving global landscape. Ta...
Farming is among the most ancient economic pursuits globally and serves as a primary income source for developing nations. The advancement of agriculture plays a crucial role in the economic progre...
Kenya's financial system is relatively developed for a country at its income level and also compared with many other Sub-Saharan African countries. The financial system comprises of numerous commer...
Public sector management stands as the backbone of any civilized nation, orchestrating the allocation and utilization of limited funds with utmost transparency and accountability. While financial r...
The tax landscape in Kenya has been undergoing continuous evolution over the past few years, with significant shifts also observed globally. This evolution is evident in the frequent amendments to ...
