RONALDS LLP; YOUR PAYROLL PARTNER

RONALDS LLP; YOUR PAYROLL PARTNER 1

For many organizations, payroll is not only a sensitive area but also a daunting task. With an administrative burden and the need to stay abreast with the ever-changing compliance and regulations, organizations need to get it right from the word go to reduce the risks of non-compliance and inefficiencies. Why Ronald’s LLP for Payroll Outsourcing […]

Leadership Strategies to Survive Turbulent Times

Leadership Strategies to Survive Turbulent Times 2

Speaking at the official Launch of Ronalds Uganda at Serena Hotel in Kampala. Ronalds LLP Group Managing Partner CPA Ronald N. Bwosi implored CEO’s and Business Leaders to adopt various Leadership Strategies to survive these turbulent times. He highlighted some of the strategies as follows. Establishing alternative Markets for their Products and services through Market […]

Importance of Bookkeeping for SME

Importance of Bookkeeping for SME 4

Bookkeeping refers to the process of recording the day-to-day financial transactions of the business into recognized accounts. It involves recording receipts from customers, billing for goods and services sold, recording payments made to suppliers and other payables. Commonly used bookkeeping techniques for SMEs include single-entry and double-entry. For any SME or StartUp to prosper and […]

Management Consulting: More than Giving Advice

Management Consulting: More than Giving Advice 5

Definition Management consulting is a process of providing professional advice to individuals and organizations to improve their existing operations. It involves expertise in areas of cost management, service leadership advisory business strategy, data analytics, project and portfolio management and market research. These are critical areas that affect many businesses today. In this article, we discuss […]

NEED FOR SME ACCOUNTING IN KENYA

NEED FOR SME ACCOUNTING IN KENYA 6

SME Definition There is no globally recognized definition of Small and Medium-Sized Enterprises (SMEs). Staff headcount and financial metrics such as turnover and capital are the most common attributes considered in the definition of SMEs. Using staff headcount as our guide then an SME is a firm comprising of not more than 99 employees, a […]

Payroll Outsourcing; Digital competent payroll solutions

Digital competent payroll solutions There is a rising need to manage an expanding workforce in the world and this leads to the spiking need for a competent payroll solution; a fast digital revolution in payroll resolutions along with the embracing of cloud-based technologies in different organizations is projected to help the market in the forecast […]

What is an External Audit? Everything you need to know

What is an External Audit? Everything you need to know 7

Definition External audit – This is an independent examination of an organization’s financial statements to determine whether they represent a true and fair view in all material respects and whether they comply with relevant financial reporting requirements. A statutory audit is a requirement under the law for some companies. Others may be legally exempt from […]

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