Our accounting services range from the design and implementation of either manual partly computerised or fully computerised accounting information systems to handling client accounting function on outsourcing basis. The outsourcing of clients accounting function is handled at different levels; starting with advising the client on specific accounting issues all the way through to functioning as the client's accounting outfit. We are able to provide accounting services to manufacturing organisations, trading organisations, service organisation (transporters, doctors, lawyers, etc); not-for-profit organisations, trusts and special status organisation like semi-government departments, statutory bodies, NGOs, etc
In providing computerized accounting systems we have opted to partner with Pastel Accounting Software as our chosen platform for accounting systems design and implementation. To this end we are hoping to conclude our discussions with Pastel in South Africa to be accredited as their partner. As a pastel service provider we will be able to provide software support and software supply.
Our services cover both direct and indirect taxation. We offer one-time consultancy services in sorting out complex taxation issues and also offer a regular on-going tax advisory service. For instance, our one-off consultancy services include designing the accounting transactions and legal documentation in such a manner that the impact of taxes is minimised; taking up taxation matters on appeal; designing and helping in implementation of tax accounting system and record keeping, etc. Our regular tax advisory services include monthly review of VAT returns to ensure that VAT paid is correct and that there is no overpayment resulting in locked up cash flows and there is no under payment resulting in penalties and prosecution. We also offer a quarterly income tax advisory service wherein we assist the clients' in filing quarterly tax returns and complete the annual tax matters in line with the periodic returns submitted to the department.
Administrator ship and Liquidation
We have been administrators and liquidators for companies that have been placed in such positions either voluntarily by the members or by creditors’ action. We have, in most cases, successfully completed these assignments to the satisfaction of all stakeholders.
Our professional staffs are acting as receivers and managers on behalf of banks and have been able to turn around some of the organisations that were placed under receivership. With our rich experience in this area of business, we would be in a position to offer our clients the best options in case of their defaulting debtors who are covered by securities for the borrowing. They have acted as receivers for such banks as Indo-Zambia Bank, Zambia National Commercial Bank and Standard Chartered bank.
We have also been advising banks on the nature of debentures that they must have to cover their interests completely and the security management systems they need to put in place to effect speedy and cost-effective recoveries of their debts.