Advisory Services

Whether you are risk averse or a risk taker, in the business space risk is inevitable. As such, it is imperative for organizations to use all the information available to them to try and understand the risk associated with its operations. Understanding the risk that is associated with your business enables organizations avoid some risks in entirety or partially and to mitigate some.

SKM’s Risk Consulting teams help our clients’ in identifying risk, avoidance of risk and mitigation of the same as organizations prepare to drive growth into their business. We model organizations to protect and enhance business value by mitigating or avoiding risk and improving business efficiency and thus performance

In a volatile and uncertain world, it’s clear that the risk landscape is changing and organizations are looking to cultivate a new trait: resilience. An integrated perspective on risk, regulation and compliance is key for building resilience, trust and competitive advantage

Organisations that are keen on growth undertake continuous review of the effectiveness of financial reporting, risk management, control, and governance processes. SKM independent internal audit review team provides management with information on the effectiveness of financial reporting, risk management, control and governance processes that management has put into place.

Internal audits are useful to organizations as they help them to

• Protect assets and reduce the possibility of fraud.
• Improving efficiency in operations.
• Increasing financial reliability and integrity.
• Ensuring compliance with laws and statutory regulations.
• Establishing monitoring procedures

Financial integrity is key for any organization. Accurate, complete, timely and up to date records are integral in achieving financial integrity. This is the fundamental basis for preparation of financial statements, business performance evaluation and reporting.

SKM’s Book-keeping and Payroll processing team is comprised of highly qualified members with vast experience in bookkeeping and payroll

Our team takes care of all your accounting and bookkeeping tasks, tax returns and payroll processing helping you to record transactions, analyze trends and track progress towards your financial goals. We prepare books of accounts and ensure: timely monthly general ledger closure, appropriate transaction postings, timely remittance of all taxes and statutory deductions as well as timely filing of all tax and statutory returns.

The micro and macro business environments are in constant change. As such, organization that are keen on growing and remaining profitable have to constantly review and examine their short term goals as well as their strategic goals..

Key revenue drivers and cost drivers keep changing and organizations have to continuously seek new opportunities arising from the change in the macro business environment and as such deduce new, robust and sustainable key revenue drivers. Among the most outstanding macro environment business factor that has revolutionized the way business is carried out is technology and innovation thereto.

Other macro environment factors that have equally significantly changed thereby affect the key business drivers include the demographic composition, legislative and regulatory framework and the economic conditions. The macro business environmental factors cannot be analyzed alone as the micro environments factors also carry some weight in business performance. A balanced mix of both environments is as such necessary when coming up with short and strategic goals.

SKM’s management consultants have the technical grounding and across industry experience coupled with business environment analytical review tools that assist our client to establish strategic pillars that will turn around the business performance and identify cost reduction opportunities.

The micro and macro business environments are in constant change. As such, organization that are keen on growing and remaining profitable have to constantly review and examine their short term goals as well as their strategic goals.

Key revenue drivers and cost drivers keep changing and organizations have to continuously seek new opportunities arising from the change in the macro business environment and as such deduce new, robust and sustainable key revenue drivers. Among the most outstanding macro environment business factor that has revolutionized the way business is carried out is technology and innovation thereto.

Other macro environment factors that have equally significantly changed thereby affect the key business drivers include the demographic composition, legislative and regulatory framework and the economic conditions. The macro business environmental factors cannot be analyses alone as the micro environments factors also carry some weight in business performance. A balanced mix of both environments is as such necessary when coming up with short and strategic goals.

SKM’s management consultants have the technical grounding and across industry experience coupled with business environment analytical review tools that assist our client to establish strategic pillars that will turn around the business performance and identify cost reduction opportunities.

Financial reporting is undergoing through tremendous changes. The International Accounting Standards Board has been revising International Accounting Standards (IFRSs) and issuing out new IFRSs. The most recent being IFRS 16 on leases and IFRS 15 on revenue recognition from contracts with customers SKM’s Accounting Advisory Services team provides a broad range of services on the application of IFRSs including preparation of IFRS group accounting policies, analysis of the treatment of specific transactions in accordance with IFRSs, advisory relating to financial instrument/hedge accounting, and IFRS training.

In addition, we provide guidance on issues relating to the Companies Act, 2015 on accounting practice, including the interpretation of accounting provisions as well as answering current issues arising in practice.

it is in life, change is a constant in the business space too. In a bid to maximize the shareholders’ value, organizations have to keep monitoring their performance, that is, the key revenue drivers and the key expenditure drivers.

SKM’s Restructuring team’s knowledge and experience coupled with our analytical tools assist organizations in identifying, developing and delivering restructuring that assist organization realize real business performance improvements around thus delivering maximum value to the shareholders.

Organizations have access to many sources of funding. Whereas many organizations especially family based companies have only embraced equity capital, a balanced mix of both equity capital and debt capital can spur growth and propel the organization the next level. The success of any organization is dependent on the availability of affordable financing and prudent use of the available finances to increase the value of the organization and thus that of the shareholders.

At SKM our corporate finance experts have the knowledge, vast experience and analysis tools for allocating financial resources assist financial institutions, medium sized private companies, family businesses, large corporations and private equity groups to successfully implement suitable corporate financing decisions.

Some of the strategic goals for organizations include expanding their market base and/or diversification of their products. Expansion can be through setting up a new entity in new market areas, acquisition of an already exciting entity, a merger or a buy in.

Whereas expansion through a merger, buy in or acquisition is an easy way of increasing the organisation’s market share, companies adopting this expansion model can also inherit huge undisclosed liabilities and/or ghost assets. This may significantly negatively affect the financial and or asset position of the company and leave the organisation worse off than it was before the acquisition, merger or buy in

SKM’s Transaction Services team which is comprised of the financial due diligence team, tax due diligence team and the legal due diligence team have successfully assisted organisations plan and execute acquisitions, mergers and buy in transactions. Our financial due diligence team, tax due diligence team and the legal due diligence team adopt a robust full risk based review methodology which enables us to flag out any potential risk exposures that exist which our client needs to consider.

Our financial, tax and legal due diligence covers both the buyers’ side and the sellers’ side. We also assist our clients in settling in from an accounting, reporting, tax and legal perspective once the transaction is concluded.