Audit – General Purpose Audits (GPA)
We see our annual audits and assurance engagements as an opportunity to provide you with far more than statutory compliance.
Independent audit and assurance are not just about good governance but valuable tools for benchmarking and improving business performance.
The breadth of knowledge and experience across industries and sectors ensures our member firms provide audit and assurance services tailored to the unique needs of your business.
As well as meeting internal reporting requirements and statutory obligations, a robust annual audit identifies both threats and opportunities to your business or organization. Intelligent insight is provided and practical recommendations made.
In addition to carrying out audit and assurance services for individual businesses and organizations, UHY member firms frequently conduct audits on behalf of parent companies, managing and coordinating the audit process across an entire corporate group.
Agreed upon Procedures
with the ever changing business environment that gives rise to either opportunities or challenges, we are flexible to offer clients services that will address their immediate pressing need using agreed approach and methodologies.
We can assist client to re-evaluate the financial position of the audited financial statements.
Business Advisory Services
Business is not just about the numbers.Developing a real understanding of your business and the market you operate in enables experts from UHY member firms to proactively help you drive greater efficiency and increase profitability. It can help you take advantage of opportunities, whether through identifying new investors and partners or developing and executing an acquisition strategy.
We offer accounting outsourcing services that deal with all of your routine accounts functions that otherwise take up far too much of your time, leaving you free to concentrate on growing your business.
We conduct a comprehensive appraisal of a business undertaken for prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential
We assist to improve an organization’s governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes.
Interpretation and Review of Financial Statements
What do these numbers in the financial statements mean to by business and third parties? That is a question that we are able to explain to the clients.
Forensic and Investigations services
We provide both proactive and reactive investigation services.
Mergers and Acquisitions
We can advise you on the entire transaction, from initial approaches to negotiations and completion, or carry out individual tasks.
Outsourced Accounting, Book keeping and payroll management
We offer accounting outsourcing services that deal with all of your routine accounts functions that otherwise take up far too much of your time, leaving you free to concentrate
Valuation is not a simple numbers exercise. A good valuation relies on a blend of data analysis, industry expertise and commercial judgement. We will work to understand your business and industry to ensure we apply the relevant valuation methodologies.
Cashflow projections assignments
If a business cannot manage their cash flow, then current and future financial obligation might not be met. Every financier needs financial projection, and we assist the clients with this headache.
Company Secretary Services
Outsourcing your company secretarial responsibilities means we can take care of Companies Act statutory compliance while you focus on your business
Recruitment of Accounting Staff
We assist client match the human resource needs especially in financial related position with the right skills.
Transfer Pricing Policy
We can assist clients evaluate or prepare transfer pricing policies that are in compliance with the Kenya Revenue Authority.
Negotiations and Arbitration
Whether you are looking to buy or sell a business, our services are tailored to meet your individual requirements. We can advise you on the entire transaction, from initial approaches to negotiations and completion, or carry out individual tasks.
Challenging economic times inevitably leads to greater risk of companies encountering financial difficulties. Experience of business recovery across a wide variety of industries and circumstances enables us to provide an early assessment of potential solutions to your problems, whether a sudden reduction in cash flow or an unpaid debt from a major customer.
Company formation services
The opportunities from internationalizing your business have never been greater. We assist clients set up their business registration with the Registrar of companies, provide contact for preparation of memorandum and articles of associations, registration of PIN, registration on i-tax among others.
Corporate Taxation Compliance
We review the financial process to ensure compliance with local tax legislation, advise on tax exposure, offering guidance on possible future changes to taxation regimes to help with longer term planning.
Deferred taxation Calculations
We assist clients compute deferred tax that has always being a challenge to most accountant.
Our specialist international tax accountants are supported by tax advisors within our international network, UHY, which encompasses more than 242 offices worldwide.
Kenya Revenue Authority Assessment Audits Assistance
Company management dread KRA audits, we assist to take away the headache and assist in the audit process.
Information System and Data Security Audits
“Hacking” is no longer in the domain of high value, high stakes business. It is a serious everyday threat for organisations of every type and size that rely on IT to facilitate their business. Reliable security depends on understanding the exposure, weaknesses and the threats that could lead to a breach in the defences that could be exploited to access or damage information systems and data.
We at UHY understand this and offer our clients comprehensive penetration testing services as well as training for not technical staff who may be targets of attackers trying to breach enterprise security.
What is Penetration Testing?
“Penetration Testing” or “Ethical Hacking” is the process of identifying vulnerabilities in your technology environment and assessing the exposures they create. This is performed in the same way as a malicious attacker would, with the same techniques and tools, however, without the malicious intent. This allows the enterprise to understand the level of exposure that it has to the various forms of attack and is the only real test that uncovers hidden vulnerabilities. It is a convincing tool in planning remediation activity and security spend effectively.
Typical Test Process
Testing involves five key stages, with the option to “penetrate” during an assessment if there is sufficient need, risk appetite and potential reward.
- Scan: Passive and active scanning techniques are used to identify possible targets.
- Analyse: Analysis and cross-referencing of vulnerabilities found on the targets.
- Follow up: There is no substitute for the experience of a seasoned tester; any findings from the prior stages are manually verified to eliminate false alarms.
- Penetrate: During the manual follow up of findings, our test teams may discover vulnerabilities that if exploited, could bring further levels of access. If this is the case, a full risk and business impact analysis is performed and presented to you, so that you can decide if the potential value outweighs the likely risk.
- Report: The key to value is a report the business can understand, with practical recommendations of deeply technical issues, analysis of potential root causes and a clear explanation of the risks.
Why do I need this?
Although the organisation may have invested in significant security safeguards, a penetration test carried out by an independent third party can provide assurance that the safeguards in place are effective and thus protecting the organisation’s reputation with customers, business partners and regulators – ultimately acting as a business enabler.
We conduct training programs for end users as well as IT staff to ensure that they have a comprehensive understanding of the threat landscape. Our consultants take IT staff through an intense threat assessment and management program ensuring that they are able to identify and stop potential risks that may be a threat to your business.
We are great at what we do
Our strength lies not just in the range of our professional services, but also in its depth and relevance to both the public and private sectors in Kenya. We are therefore uniquely placed to meet all our clients auditing and other financial consultancy requirements.