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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


Office 2

Telephone  +251 115 505 040

Fax +251 115 537 873

Pobox 1884

Addis Ababa


Business Restructuring


Notwithstanding the reasons that lie at the cause of challenges a  company faces, the following symptoms indicate that a situation exists where our knowledge may be of great use: -


  • There is a downturn in your market or shifting consumer preferences,
  • There is excessive debt or poor liquidity,
  • The company is trading at distressed levels,
  • Corporate structure is no longer aligned with company’s business objectives,
  • Units or subsidiaries are operating inconsistently with group strategy. There is a need, or desire, to divest/sell-off some non-core operations,
  • As business or financial stakeholder, you have concerns about the business and wish to appoint independent reporting accountants to review the situation and provide available options,
  • As stakeholder in a distressed business, you need to manage your exposure, both legal and financial,
  • Capital structure needs to change and
  • You need to enter into discussions with your lenders.


We offer the following full range of business restructuring services in the Ethiopia: -

  • Independent business review which usually covers an analysis of where you are, why you are not where you thought would be, where are you planning to go in the future, how realistic is your plan and what challenges are to be faced,
  • Options review hinting on different options that exist,  what the pros and cons of each are, and what we recommend as the way forward,
  • Financial advice and arranging assistance; designing, negotiation and implementation as per prevailing situations,
  • Planning scenarios of contingency planning indicating what plan B would be if the consensual restructuring cannot be achieved, 
  • Work on corporate simplification that make the group structure simpler, reduce operating costs and restructuring capital etc.,
  • Engage in working optimized exits by assisting in the design and execution of a controlled exit plan to preserve and maximize value,
  • Drawing business and operational restructuring by devising or reviewing, such plans, or report on new progress and implementation.  

Our professionals are greeted by clients for their ability to quickly identify problems, gain co-operation, develop viable solutions and implement them with sensitivity and precision. Our experienced teams always offer a full range of advisory and implementation services, from turnaround and restructuring plans to optimized exit strategies.

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