Brief details on the above services are provided below.
These services are targeted at clients who require audits conducted in accordance with the International Standards on Auditing (ISA). This is in line with the current requirements of the Institute of Certified Public Accountants of Kenya and meets both statutory and funding agencies’ requirements. We also undertake internal reviews and internal audits to assist management evaluate their organizational strengths in financial and operational areas so that they can enhance their relationships with donors and banks while understanding and mitigating vulnerabilities and risks in their organizations. At the moment, this department and taxation consulting are the main line of the business.
We support the smaller organizations that do not have well developed finance functions to develop their systems, including getting them appreciate the need for implementing internal controls in their organizations. In this manner they acquire organizational and functional strength in accounting and other areas, which contribute to effective management and is often a criteria for financial management.
Forensic audit involves examination and evaluation of organization’s financial records to derive evidence that can be used in a court of law or legal proceedings. Pkinyua & Associates has trained and experienced auditors who are well placed to conduct the forensic audit. The firm has largely been involved in forensic audits especially in public, private sectors and donor funded projects.
Our tax consultants review the tax obligations of the entity and they address tax compliance issues. The service also includes supporting clients in conducting a tax health audit, tax planning, computing tax returns and addressing Kenya Revenue Authority’s concerns on behalf of the client and advising clients who are under tax investigations and the managing tax related communications from the Kenya Revenue Authority.
We review organizational setup, internal controls, operational, financial and marketing strategies because these are critical to realization of long term objectives or because other certain stakeholders need to see them as fully functional. We also assist in recruitment of financial staff for our clients and development of operational manuals and business plans.
Our training courses cover many of the areas that concern business and other organizations. These include training with compliance with regulators such as Kenya Revenue Authority, Ministry of industry, trade and cooperatives requirements. We conduct basic training in financial management and accounting, business planning, among others.