Address

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Office Address  


Office 1


Africa Avenue 

Dabi Complex

5th Floor

Telephone  +251 116 189 557,

Fax +251 116 632 826,

Pobox 1884

Addis Ababa

Ethiopia


Office 2


Telephone  +251 115 505 040

Fax +251 115 537 873

Pobox 1884

Addis Ababa

Ethiopia

Internal Audit and Control System Reviews

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Managements today requires experienced internal auditors to address concerns in risk management, internal control environment assessments, process improvements; enterprise risk management (ERM) programs and regulatory compliances. Our experienced internal auditors are equipped to answer your regular queries and question which relate to accounting system such as: -

 

  • Is the accounting system capable of recording financial transactions in a prompt and accurate manner?
  • Is the accounting system capable of tracking expenditure by project, category, component, class, nature, etc.?
  • Is the accounting system capable of comparing actual expenditure to budget and if so, have adequate explanations been secured for variances?
  • Is there any chance of risk due to fraud?
  • Are assets properly recorded and safeguarded from misuse, abuses and other risks?

 

Our Methodology

  • Analyzing key processes, procedures and operation of the client,
  • Identifying key controls in each such operation, procedure and process,
  • Evaluating the adequacy of these controls,
  • Testing compliance of sample transactions against the above control criteria,
  • Reporting results of the evaluation of controls and testing of transactions,
  • Recommending procedures to strengthen internal controls, 
  • Suggesting methods to improve compliance with key controls and regulations and
  • Follow up of action taken on recommendations made in previous reports. 

 

Services include:

  • Advising management team to develop practical internal controls that enhance to the control environment.
  • Providing advice on how to implement an effective and secured internal control environment.
  • Advising how to manage core operational risk, especially those related to the reliability of business operations.
  • Assisting with linking operational strategies and risk performance measures to business goals.
  • Assisting with change management and business awareness processes by helping make the transition from existing practices to more efficient and focused.
  • Approaches through training and assisting of staff in the development of new skills specific to their jobs.
  • Evaluating the key structures, dynamics and processes required to reinforce effective corporate governance.

 

What we offer

  • Complete internal audit outsourcing,
  • Partial internal audit outsourcing,
  • Staff sharing basis ( supervisory and execution) and
  • Internal control system study and evaluation.
 
External Audit

Our audit approach assimilates rigorous standards of professional independence and objectivity, with a methodology that emphases on crucial risk areas and co-ordinates together our technical skill and practical knowledge commensurate with detailed knowledge of clients’ organization and the financial Read More

Internal Audit

We offer the entire range of audit and assurance services to meet clients’ business needs. We are registered auditors by the Office of the Federal Auditor General, the Association of Chartered Certified Accountants and Addis Ababa City Administration Trade and Industrial Development Bureau to carry out audits services Read More

Accounting & Business Advisory

By engaging in accounting work we provide service to clients enabling them to significantly reduce the administrative burden and exuberant financial costs incurred. This arrangement benefits our partners to concentrate on core risk areas of their businesses which Read More

Payroll Services

Outsourcing payroll processing offers phenomenal advantages to the corporate sector.  We offer comprehensive payroll services whether: -

  • The clients’ organizations have 1 or 1000 employees,
  • The Payroll is complex or simple and
  • The client has one or several branches/ offices. Read More