What We Do

Home | Services

Tax Accounting

We have considerable experience when it comes with tax. We have never missed a tax deadline and have always completed and filled our tax returns on time. In addition to individual tax return we also corporation tax, payroll tax among others. We will also advise proper tax planning that will benefit your organization. New income tax bills are introduced more often before the annual budget is read which calls for the need of a detailed understanding of tax laws to ensure tax compliance. We take time in learning the changes in new tax legislations and ensure our clients remains tax compliant and ensure they meet their tax obligations without paying more than they expected to pay.

Bookkeeping & Accounting

Keeping record of all the day to day transactions allows you as business owner to account for the money coming in and out of your business. There are different ways to keep your books depending on the size of your business, we can advise on which way would suit your business best. Our qualified staff can assist you with the day to day tasks associated with bookkeeping as you run the daily operations of your business. We can recommend an accounting software package, and show your staff how to operate that software or assist you in imputing data on your preferred accounting software. We can reconcile your bank accounts to identify lost cheques, deposits or un-authorized transactions. Reconciliation also prevents embezzlement of funds from within you company and prevents unjustified bank charges. We provide assistance with Accounts preparations for Monthly Management accounts Cash Flow statements Customized reports and accounts, Preparations of forecasts and budget analysis. We also assist SME in keeping track of accounts receivables and accounts payables- providing aging reports and providing assistance on credit control

Payroll Administration

Payroll preparation may not seem easy like the drawing of a paycheck. There are statutory obligation that is subjected to salaries amongst them, NHIF, NSSF and PAYE. Due to ever changing legislations, we shall take the burden of ensuring your staff payroll is ready and free form errors. We shall prepare your monthly payroll and issue pay slips to your employees, we shall also provide you with a status report and advise you on statutory deductions from employees and their return filing due dates.

Business support and advice

As an entrepreneur and a business owner, you have come up with your business idea and accounting role should not stress your mind any further; we support you from the start up phase of your business and onwards to the apex of your business growth. We shall assist you in your business incorporation and ensure you have an accounting system in place. We shall always stand by your side to handle all your accounting and tax matters.

Management Accounting

Our Management Accounting service is not all about standard measures but also on finding out what the key drivers of your business are. Askfin Accounting focuses on a number of areas of management accounting;- from the more traditional practices of bench cash flow forecasting, budgeting and internal profitability analysis. Our experienced accountants offer the highest quality accounting expertise and are always available to act on your needs, our management reports meets your ideal professional standards – accurate, relevant, timely and cost effective. Our management accounting services are based on working closely with you to capture and summarize the correct financial information on a timely basis, in the form of Key Performance Indicators of your business. By monitoring these Key Performance Indicators, our management accounting services identifies key business trends for your business development. Askfin Accounting’s team currently consists of Certified Public Accountants, and B.com graduates. This proves increase in work quality and excellence, especially on a broad range of finance and accounting functions. Some of the Financial and management reports we deliver includes; -Monthly Management reports -Receivables and Payable aging reports and analysis -Cash management reports

Internal Audit

While running your business, you may not have proper systems to detect loss of funds in your business. At askfin we provide internal audit support and provide our clients with reports on areas that they can improve on in order to have stronger systems of internal control. We can offer training to you accounting departments on key areas that will reduce incidence of fraud within organization and advice on segregations of duties in the organization.