Audit & Assurance
Clyde & Associates’s objective is to assist our clients’ in providing credibility and transparency in financial reporting. Each member of our firm is committed to delivering quality, independent audit reports.
An independent audit is one of the foundations for establishing trust in the capital markets. C & A is dedicated to providing the resources and technological tools necessary to support our staff as they deliver Audit services to a wide range of clients.
Clyde & Associates adopts a multidisciplinary approach of audit engagement this means the audit team includes experienced professionals in such areas as forensics, tax, information risk management and valuation, providing them with a broad understanding of an organization, and enabling teams to focus on key areas of risk, adequacy of internal controls, and potential fraud.
Statutory Audit is performed by C & A for clients that are required to comply with specific statutory reporting requirements. IFRS – International Financial Reporting Standards are being promoted as a single set of high quality, understandable and enforceable global standards. C & A’s staffs have extensive experience in providing services for enterprises reporting under IFRS and can assist you in IFRS implementation and in doing so help you to seize the opportunity provided by IFRS Prospective Reporting – services are typically provided to existing audit clients who need prospective financial information to obtain financing from a bank or through an offering of securities.
The services generally relate to the development of, presentation of, and reporting on prospective financial information, and provides either a report to the regulator or a report to other parties prepared under regulations provided by the regulator. Other Forms of Audit and Attestation Reporting – include Non-Financial Audit services, and Royalty Audit and other forms of self-reporting. Organizations have realized that financial reports alone do not adequately communicate either opportunities or business risks. C & A’s Non-Financial Audit services help our clients learn how to define, capture, and report on non-financial indicators to help them find new ways to safeguard their reputations, build trust among their stakeholders, and, ultimately, improve their corporate performance.
Today’s business world is fast paced because of the new, more stringent regulatory regime, shifting market demand and industry consolidation, continuing pressure for better returns and more transparency and new opportunities in emerging markets. To succeed, you must seize the opportunities while also managing the risks. C&A’s Advisory professionals provide advice and assistance to enable companies, intermediaries and public sector bodies to mitigate risk, improve performance, and create value.
We provide a wide range of Risk Advisory and Financial Advisory Services that can help clients respond to immediate needs as well as put in place the strategies for the longer term. You need to move quickly, but you also need long-term strategies to help ensure your business can cope with the demands placed on it today and tomorrow. Is the right infrastructure in place? Do you have the necessary processes, systems and controls to help safeguard against risk?
Clyde & Associate’s Tax services are designed to reflect the unique needs and objectives of each client. In practical terms, that means C & A works with their clients to assist them in achieving effective tax compliance and managing tax risks, while helping to control costs. From a corporate viewpoint, tax governance is a rising priority, as legislation gets more complex.
We work with our clients to establish tax policies and processes, which determine that compliance responsibilities are met, planning opportunities are realized, and there is appropriate communication with the markets and regulators. That way, management can communicate that taxation is under control and get on with running the business We use our in-depth technical tax knowledge, and our broader understanding of how tax fits into the wider business picture, to help clients to meet their compliance responsibilities and to act on planning opportunities.
Whether you are a business or an individual, we work as a team to help achieve your objectives. This ethos is reinforced by our ability to assemble multi-disciplinary teams of professionals, drawing on C & A’s dedicated resources and network not only in tax, but also in audit and advisory work. Our people operate within industry groups, giving you access to advisors who understand your specific tax issues, skillfully using technology to assist data extraction and management. We also maintain regular and constructive dialogues with the Kenya Revenue Authority.
C & A helps employees, entrepreneurs and other high net worth individuals tackle these issues every working day of the year. The assistance provided by our Private Client Advisory group includes:
- Tax compliance services
- Tax planning advice
- Assistance with broader documentation and financial planning.
We pride ourselves on the technical and commercial abilities of our professionals. For our personal tax clients, that means having confidence they are in full compliance with the requirements of the tax authorities, while knowing practical steps have been taken to manage their tax liabilities and protect their personal wealth. We also enjoy productive relationships with the Kenya Revenue Authority. We defend vigorously our clients in disputes, but we aim to achieve the desired outcome by combining an intimate knowledge of what the Kenya Revenue Authority may find acceptable with constructive negotiation.
Our cross-functional approach helps companies both to improve their business planning and anticipate volatility of performance.
We can advise on which areas of company performance can be managed to streamline process, enhance control, and contain costs and business risks.
You can concentrate more time on the most successful aspects of your company.
Our practice is one of the country’s leading financial advisers on public and private transactions.