Inventory Management for SMEs Small and Medium Enterprises (SME) are the backbone of the Kenyan economy contributing up to 40% of its Gross Domestic Product (GDP); Inventory management techniques are equally are the heart of most businesses and they fall under different categories i.e. Raw Materials, Work in Progress (WIP) Finished Goods Packaging Repair and […]
Internal Audit and Corporate Governance in Kenya The synergy of efficient and ethical corporate governance and internal audit function is not only vital but also fatal for shareholders and various stakeholders. This synergy compromise was recently echoed when a case of Flying Squad intercept Ksh.2 billion in a safe inside Barclays Bank Kenya, nevertheless, two […]
Risk refers to the possibility that the outcome of an action or event could bring adverse impacts on Sacco’s capital, earnings, or viability. Such outcomes could either result to direct loss of earnings and erosion of capital or may result in the imposition of operational or financial constraints on Sacco’s ability to meet its business […]
Being an economically emerging and developing country, Kenya has observed business growth and opportunities in various sectors including travel, tourism, education, sports, manufacturing, transportation, financial institutions and NGOs , Public sector and other sectors. This has led to the growing number of audit firms in Kenya. For any business firms, it is important to get audited annually to have an insight into the operations and compliance of the company.
As themed the Kenyan budget 2020/21 Is aimed at creating and protecting jobs, stimulating industrial growth and ultimately steer economic recovery.In order to boost the economy
It is possible to manage your finances more effectively through planning. Managing income helps you understand how much money you will need for tax payments, other monthly expenditures and savings.