M K Mazrui & Associates (MKM)
Milimani Rd, KP Flats, Flat 2 Nairobi
M K Mazrui & Associates (MKM) is a professional firm providing auditing, Accounting, Bookkeeping and is a tax and management consulting company in Nairobi, Kenya.
Business Hours
Monday - Friday : 8.00am - 4.00pm
Saturday, Sundays & Holidays : Closed
+254 722 412151
+254 775 792265
Professional Auditors in Nairobi, Kenya
For professional auditing services, contact M K Mazrui & Associates who offer the best auditing services in Kenya. Auditing fosters financial accountability in organisations/companies, making it possible for them to strengthen and improve.
Once a company understands how their expenditure affects their business growth, they will be able to make sound financial decisions that will steer them in the right direction.
Our auditing ranges from verifying simple business transactions, safety and compliance checks to full inspections of people processes and systems. Whatever the kind of business you are in, an international, local, small or big, we are here to help you manage and track your business financial records.
For more inquiries on our services call us on +254722412151 or +254775792265.
Professional Auditors Professional Auditors in Kenya
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Importance of Having Accurate Financial Records
It is important that your organisation's accounts are accurate and up to date so that you draw up a 'true and fair' annual accounts report. Your accounts should be backed up with full and detailed records of all business income and expenditure, such as receipts, invoices and purchase orders, payments in, payments out etc.
Below are the main reasons why an organisation should have accurate financial records:
1. Financial Transparency
How much cash is available and how much of it is accounts receivable has to be accurately stated. Numbers like Profit before Tax, Profit after Tax, and Profit after Interest, Depreciation and Tax are all important numbers that tell shareholders and management a lot.
2. Evaluate Tax Liability
When companies make a lot of profit, the taxes they have to pay are equally high. The owners will have a little left once they have paid taxes to the government. Can they reduce their tax burden? If yes, then they will need the most accurate financial numbers possible. Otherwise, all their resources could be depleted in a very short time. Conversely, for the government, accurate financial statements are essential because many firms fudge their reports only to avoid paying tax.
3. Mitigate Errors
Accurate financial statements are also essential to catch costly mistakes or internal wrongdoing early on in the process. If any illegal activity is taking place, there is no better way to catch it than through discrepancies in the numbers.
5. Build Trust
More than anything else, accurate financial statements induce trust in the company. Investors need a sign that a company is doing well and they can put their hard earned money in its business.
6. Improved Payment Cycles
In order to optimise the Accounts Payable and Accounts Receivable cycles, accuracy of financial statements plays a key role. Other outgoing payments include salaries and daily wages that need to be paid (payroll), dividends need to be given to the shareholders, inventory needs to be managed, and creditors need to be paid. All this cannot be done unless the numbers are in order.
7. Better Decision Making, Planning and Forecasting
Analysing financial statements are crucial when decisions are to be made. A finance manager would look at the value of the assets that he currently holds and decides if he can afford to purchase more. When the value of assets is severely depreciated, questions would arise if they need to be sold off.
At M K Mazrui, we know that the financial records are the basis of a well-running business. That is why we offer professional accounting services to organisations to help them maintain accurate financial records to run smoothly and keep stakeholders' shares safe.
For all your organisation professional accounting services, call us on +254722412151 or visit us at Milimani Road, Kp Flats, Flat 2 Nairobi.
Accurate Financial Records Importance of Having Accurate Financial Records Accountants
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The Best Accounting and Auditing Professionals
Understanding your company’s larger financial picture is necessary to grow, remain competitive, and to comply with generally accepted accounting principles.
At M K Mazrui & Associates, we will help you analyse and understand the numbers that make your business operate.
We provide professional accounting and auditing services to our clients of all types, from individuals, business etc.
You don’t need a cookie-cutter approach, but rather keen, thoughtful guidance. Our goal is to help you make the best decisions for your business. It’s no wonder that many of our clients have encouraged the next generation of business owners- their children -to work with us.
For all your accounting and auditing services call us when you need on +254722415151 or +254775792265
Expert Accounting and Auditing Services Accounting and Auditing Services
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The Best Business Finance Adviser In Kenya
Whether you are running a big or small business, M K Mazrui & Associates is here to assist you in all your business accounting problems. We work closely with our clients to provide advice when their businesses need it, and not just when they ask for it.
We will help you manage all aspects of managing and growing your business finances from start-up to succession. We tailor our advice and support to your unique circumstances, challenges and requirements.
We will help you to examine your business ideas and evaluate profit potential, manage growth successfully and minimise business tax.
When looking for accounting advice help for your business finances don’t just get any account, get expert accountants from M K Mazrui who you will trust with your business.
For inquiries, call us on +254722412151 or visit us at KP Flats, Flat No. 2, Milimani Rd, Nairobi.
Tax Consultants In Nairobi, Kenya
Get tax consulting services for all your tax issues like compliances, reporting, risk management for both direct and indirect taxes and so much more from M K Mazrui & Associates.
In this increasingly demanding global environment, managing tax responsibilities and planning for tax issues are becoming more complex, that’s why we have experts who will take you through in managing your tax issues.
We are here to help our clients with tax departments address specific objectives for quality and control but at a cost and in a way that also creates value for their organization.
Come to the best tax consultants in town and we will help you manage your tax problems.
For our services dial +254722412151 or +254775792265 or visit our offices at KP Flats, Flat 2, Milimani Rd
Tax Conaultants Tax Consultation Services
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Business consulting company in Nairobi, Kenya
At M K Mazrui & Associates we provide expert, reliable business management consultancy services to both private and public sectors.
We work with our clients to help them achieve measurable improvements in their businesses by using our proprietary methodologies and relevant industry standards. We enhance business operations through changes to processes, systems and working practices.
With our well-trained and experienced consultants, we are positioned to deliver benefits to our clients, while building relationships that enables us to understand their strategies, culture and needs for them to succeed.
Need your business to grow financially and expand? Get experts business management consultants from M K Mazrui who will help you do all you need.
For our services dial: 0722412151 or 0775792265
Business consulting company Business Consulting Services
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Importance of Book Keeping
Bookkeeping is the process of recording all the financial transactions and events that occur in your business.
Bookkeeping is one of the most essential tasks of any business. Without proper bookkeeping, your business could very quickly and easily crash into a wall. Small business owners can do their bookkeeping on their own, but many invest in a bookkeeping service that will save them not just precious time but the risk of making very costly financial mistakes. The following are the importance for bookkeeping: -
• Cash flow management is one of the most important things, therefore it will better your financial analysis and management
• It keeps track on any information and documents in order to accomplish annual taxes.
• Making reports to your investors becomes easy
• Business planning easy
• It also helps in proper record keeping as required by law.
Therefore it’s always important to ensure that the right people do your bookkeeping so that you can keep your organizational financial aspect intact and organized.
For booking services come to M K Mazrui & Associates or dial 0722412151 or 0775792295
Book Keeping Importance of Book Keeping
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Professional Auditors in Nairobi Kenya
No matter what industries your business operates within, M K Mazrui & Associates has specialised teams of professionals who can help you in all your auditing services.
We will offer you deep expertise in sector-specific auditing services, helping to ensure that your processes and operations meet and exceed regulatory and standard’s requirements.
We provide auditing & review, forensic auditing, company liquidation, economical feasibility studies, financial due diligence studies, financial reporting compilation, bookkeeping and management consultancy as well as a full array of integrated services to clients across industry spectrums and in all stages of organizational development.
Trust experts from M K Mazrui who are able to provide auditing solutions anywhere your business operates and ready to put you on the path towards business excellence.
For our services dial 0722412151
Business Management Consultation Service Providers
Improve the performance of your business by getting help from an expert business management consultant from M K Mazrui & Associates.
We will help improve the performance and growth of your business by solving problems and finding better ways of doing things in your company in each and every department. Reduce cost, make savings and ensure that you deliver the best to your customers with our assistance as you take your company to another level.
Be it a small or large organisation our advice delivery, fuse businesses to it’s growth and expansion.
Business Management Consultants Mamagement Consultation
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Reliable Accounting Service Providers
Reliable Accounting Service Providers
Your business financial records are supposed to be accurate, up to date and well recorded.
Get professional accountants from M K Mazrui & Associates will review your accounts, establish a proper accounting record and put your budget straight.
Keep your business out of losses by ensuring that your financial records are well recorded and maintained in a manageable, straightforward and up-to-dates method by our accountants.
For all your accounting needs contact M K Mazrui and we will be at your service.
Accounting Services Accounting Recording
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