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Knowledge Centre Articles
Cashflow Management
Cashflow management is the process of monitoring, analyzing, and optimizing the flow of...
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Re-introduction of the Affordable Housing Levy
The Kenya government’s affordable housing initiative faced a major legal challenge when, on...
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External Audits in Safeguarding NGO Financial Integrity
Non-governmental organizations (NGOs) are instrumental in addressing social and economic challenges globally. However,...
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Mitigating Tax Exposures
The KRA has increasingly been issuing notices to various Companies informing them of...
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Mandatory Onboarding of All Business Taxpayers to KRA eTims
Section 15 of the Income Tax Act provides for the deduction of business...
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Fraud Prevention and Detection in Non-Governmental Organizations – NGOs
Non-Governmental Organizations (NGOs) play a crucial role in addressing social issues, promoting charitable...
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Fraud Risk management in SACCO’s in Kenya
Savings and Credit Cooperative Cooperatives Societies (SACCOs) play a very important role in...
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Understanding Virtual Private Network
In today’s world, where everything is online, the need for online privacy and...
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Effective Fund Management in the Not-for-Profit Sector
Fund management involves the strategic planning, allocation, monitoring, and reporting of funds received...
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Enhancing Donor Trust Through Effective Internal Auditing In NGO’s
Donors play a critical role in the operation and sustainability of NGOs in...
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Streamline Your HR Processes with Employment Self-Service (ESS)
At MGK Consulting, we understand the intricate challenges businesses face in managing their...
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Work Permits and Passes In Kenya
Did you know that employing foreign nationals to work in Kenya without a...
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Effective Fund Management in the Not for Profit Sector
Fund management is a fundamental component of the success of donor-funded projects and...
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Finance Act 2023 Tax Amnesty on Penalty and Interest Relating to Tax Debts
The Finance Act 2023 introduced a tax amnesty on penalty and interest relating...
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Affordable Housing Levy Kenya (AHL) Clarification
On 15 August 2023, the Kenya Revenue Authority (KRA) provided a clarification on...
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Donor Trust: Understanding the Role of Internal Auditing for NGOs
Donors play a critical role in the operation and sustainability of NGOs in...
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Payroll Changes As per The Finance Act 2023
The Finance Act 2023 was signed into law on 26th June 2023. It...
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Misappropriation of Donor Funds
Kenya’s Strategic location as a gateway to Eastern Africa and its well-developed connections...
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Understanding Consumer Trust in a Digital World
Digital trust has become a vital factor in today’s interconnected world as people...
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What Role Do Accountants and Auditors Play in Accounting Automation?
Data privacy has become a rather increasingly critical issue in recent years, as...
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Accounting Automation
What is Accounting Automation? Automation is the use of a software to eliminate...
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Fraud and its Impact on Project Implementation
Fraud is intentional deception to secure unfair or unlawful gain. It can have a significant impact on...
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Fringe Benefit Tax
Did you Know that loans advanced to company directors, employees or relative of...
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Expanding Across the Regions? Likely Payroll Challenges You May Face
As Organizations grow and expand geographically, various risks and challenges of managing cross...
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