Access to credit remains constrained for many businesses. Effective cash-flow forecasting, budgeting, and cost control are critical for operational stability. Finance professionals play a key role in helping businesses remain solvent and agile.
Cloud accounting, automation, and real-time reporting are reshaping finance departments. Businesses that adopt modern systems gain better visibility, faster reporting, and improved compliance. Technology adoption is now a competitive advantage.
Tax planning in 2026 is about compliance-driven efficiency rather than aggressive avoidance. Structured planning allows businesses to legally minimize tax exposure while maintaining transparency. Professional advice is essential to navigate changing laws and regulatory expectations.
Payroll errors remain a leading cause of tax penalties. With stricter enforcement on PAYE, NSSF, and SHIF contributions, employers must ensure timely deductions, remittances, and reconciliations. Outsourced payroll services help minimize errors while ensuring compliance
Banks, investors, and regulators increasingly demand high-quality, IFRS-compliant financial statements. Poor reporting can delay financing, trigger audits, or damage credibility. Professional preparation and review of financial statements ensure accuracy, transparency, and readiness for stakeholder scrutiny.
Internal audit is no longer limited to compliance checks. Kenyan businesses are increasingly using internal audits to improve efficiency, manage risk, and support decision-making. A strong internal audit function helps organizations identify weaknesses early, reduce
Kenya’s Medium-Term Revenue Strategy (MTRS) represents a policy shift from increasing tax rates to improving compliance efficiency. The strategy focuses on sealing revenue leakages, expanding the tax base, and leveraging technology to enhance enforcement. For
Recent judicial decisions have clarified that VAT claims must be supported by valid documentation and traceable transactions. Unexplained bank deposits may now be presumed income unless proven otherwise. This reinforces the need for accurate financial
We are committed to promoting high standards, of discipline, excellence and ethics through adherence to the firm’s quality standards and value charter and the laws of the country and the profession.
Address : Nairobi, Mayfair Suites
Email : info@wycliffemajengo.com
Phone : +254 702 966 928
info@wycliffemajengo.com
+254 702 966 928
Nairobi, Westlands, Mayfair Suites, First Floor
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