Here at Business Compliance Formula,
we are passionate about enabling MSMEs comply with the financial and legal requirements within the Kenyan context.
Business Compliance Formula was established as a financial and legal compliance firm.
The firm was registered by two dynamic young people drawing their inspirations from their desire to see start up and SMES thrive and last.
We are particularly excited to support startups in developing the systems that will carry them over the various stages of business growth.
In addition, we provide outsourced accounting services for businesses which may not necessarily have inhouse accounts support.
We are ready to partner with you.
Supporting businesses to thrive and last.
Partnering with businesses to ensure compliance.
Process matters.
Professionalism, Accountability, Integrity, Team-work & Innovation
We are proficient in most areas of tax consulting and financial management however, we have made our bones on:
We provide training and practical guidance to business owners, equipping them with the knowledge required to set up thriving, compliant businesses. We also offer accounting consultancy services, including payroll management, budgeting, management reporting and filing of various taxes on behalf of our clients.
We have 12+ years of working on major donor funded projects in Kenya. We are conversant with the preparation of financial proposals, budget implementation, donor reporting and donor liaison for project closure and final audit.
We have 12+ years in financial accounting, financial reporting, expenditure monitoring, preparation of financial reports, revenue analysis, determination of budget variances, budget preparation and planning, cash flow forecasting and procurement.
We have vast experience in Kenyan and international tax law and practice. We act as tax representatives for our clients in their interaction with KRA. We provide guidance on tax planning measures for our clients.
We are proficient in the MS Suite and financial applications including Quick Books, Navision and Sage. This has set the stage for us to be the masters of financial technology. This way, we help consult on systems that could make your workflow a breeze.
We speak corporate. And we are well versed in best practises when it comes to both taxation and finance. So, when well compensated, we take time to train other accountants, corporates and managers our tips and tricks.
Leaders do determine what a company ultimately becomes
it's competencies, its set of values and ultimately, its success.
A Certified Public Accountant with over twelve (12) years’ experience in financial, project and tax accounting
Experienced in both Kenyan and international accounting standards and local and international tax law.
Successfully managed the implementation of donor funded projects within the East, Central and West African health sectors.
Some of these donors include USAID (US); DFID (UK); Swiss TPH (Switzerland); DANIDA (Denmark) and The World Bank.
Passionate about training and enabling MSMEs to comply with the legal and financial requirements in Kenya.
Has trained numerous companies in financial and tax matters as well as aiding them in matters of compliance
This is just a broad summary of the areas
we feel confident in.
Working with James has been an eye opener for our company.
He is so very gifted in his understanding of tax law.
Business compliance formula have a wonderful approach when it comes to training.
Our staff could not get enough. Definately looking forward to the next one.
Working with this company has been very fulfilling. I did not know it was possible
to interract with KRA and have a good experience. Would definately recommend.
Here is a small round-up of the major news making headlines
in the world of finance.
Global Food and Energy Crisis Set to Last Until 2024- World Bank’s Commodity Markets Report. The major shock to commodity markets, altering global patterns of trade, production, and consumption brought about by the Russia-Ukraine war..
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The International Monetary Fund (IMF) staff has reached an agreement to advance a kes 28 billion loan to Kenya as part of the 38-month IMF’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF)financed program.
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Twitter has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The announcement ends a weeks-long saga Musk kicked off when he disclosed a large stake in the company.
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