Accounting

An accountant is responsible for managing, maintaining, and reporting a company’s financial information. This includes providing financial analysis and advice to support management’s decision-making. Accountants also ensure that financial records are prepared accurately and remain compliant with all applicable laws and regulations.

Yes. Under Section 245 of the Companies Act 2016 and Section 82 of the Income Tax Act 1967, every company is required to keep proper accounting records. These records must be retained for at least seven (7) years after the completion of the transactions to which they relate. Failure to maintain proper records may result in penalties, fines, tax audits, or director liabilities under the relevant laws.

Every business is unique. We offer tailored accounting solutions based on your specific business needs, with the objective of enhancing operational efficiency and supporting the achievement of your business goals.