Accounting Advisory Services

Our Accounting Advisory Services professionals:

• Provide diagnostic, recommendation of changes or design and implementation of internal control procedures;
• Establish accounting systems;
• Provide accounts and payroll processing and all relevant tax reporting;
• Provide accounting assistance to the company’s accounting team;
• Provide pre-audit services.

Diagnostic, recommendation of changes or design and implementation of internal control procedures:
These services include the following:

• Documentation of the client´s accounting and administration internal control procedures;
• Evaluation of documented internal control procedures;
• Propose recommendation of improvements in case of weaknesses;
• Design internal control procedures;
• Implementation of the recommendation or of new procedures of internal control.

Establish accounting systems
Our services for establishment of accounting systems include the following:

• Preparation of basic manuals of internal control procedures and its implementation;
• Preparation of chart of accounts, according to the company´s need;
• Assistance to clients in procuring accounting softwares and assistance on their configurations;
• Training client staff in operating the systems then implemented;
• Assistance after implementation and training to ascertain a smooth operational of the system the implemented.

Accounts and payroll processing and all relevant tax reporting
When clients want to minimize costs, maximize profit and save time and money spent on the purchase of computers and accounting packages, they demand outsourcing services, where they get reports for management purposes and all statutory reporting returns, timely. These services consist of the following:

• Processing of the client accounts on monthly basis, including classification of transactions, input of the data into our system, reconciliation of accounts;
• Preparation of management reports;
• Preparation of monthly tax reporting, including VAT, PAYE (IRPS) and Social Security returns and updating on a monthly basis of the statutory books and/or submission of these returns to the relevant authorities;
• Preparation of year-end corporate tax return;
• Obtain year-end tax return signed by Accounting Officer duly registered with the Ministry of Planning and Finance and or its submission to the tax authority;
• Assist the company's tax auditors in their audits, if any.

Provide pre-audit services
Companies or Non-Governmental Organization, may need to ensure that the accounts have or not been processed in all significant respects, according to the best accounting practices or Mozambique requirements or other prescribed procedures, prior to their submission to auditors. Our Accounting Advisory Services team offer specialized pre-audit services such as:

• Review of accounts to determine whether the transactions have or not been effectuated according to approval, procurement, payment, accounting, prescribed internal control procedures amongst others;
• Communicate weaknesses, offer recommendations on required improvements and their implementation;
• Perform reconciliation of accounts and suggest adjustments and/or reclassifications required, if any;
• Assist and/or prepare the reports required for audit purposes.