Outsourced Services Articles

Understanding Fringe Benefits Tax on your Overall Payroll Scheme
Did you Know That There is a tax implication on interest-free or low-interest...

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Benefits of Payroll Outsourcing
Payroll outsourcing in Kenya refers to the practice of hiring an outsourcing firms...

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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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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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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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Accounting Automation
What is Accounting Automation? Automation is the use of a software to eliminate...

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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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Understanding Financial Statements for your Business and Corporate Accounting
In a nutshell, Financial statements are reports that demonstrate the financial performance and...

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What are the statutory obligations for a foreign investor in Kenya need to know?
Therefore, the future of successful donor funded projects is pegged on the following;...

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DONORS MAJOR CONCERN IN FUNDING PROJECTS IN SUB-SAHARAN AFRICA
There are charitable Trust and Foundation in the Western Countries that fund NGO’S...

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What you Need to Know About Setting up a Business in Kenya
As a potential business or company owner, by now you must have already...

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How do I keep my books accounts and why is it important?
What is the importance of Bookkeeping / Accounting? Bookkeeping is a very important...

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2021 Emerging Internal Audit Tends and Risks
The role that the Internal Audit plays in an organization is increasingly being...

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Why you should Outsource your Finance Function
The importance of knowing and continuously monitoring the financial performance of a business...

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Implementation of a Unified Payroll Return (UPR) for joint declaration and payment of Pay as You Earn
This implementation follows the changes introduced through The Industrial Training (amendment) order of...

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The Companies (Beneficial Owner Information) Regulations; 2020
The Registrar of Companies has given notice that the Beneficial Owner (BO) E-Register...

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Digitization of the Company Registry
The Companies Registry is responsible for the registration of business names and limited...

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How Often Should Business Accounts be Monitored?
Joshua Kamau has operated a mid-sized internet service providing business in Nairobi since 2007....

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