The lead companies which provide these services are Ace Consultants Limited and Ace Financial Advisory Limited
Accountancy and Financial Reporting Advisory - Ace Consultants Limited
We tailor our accounting services provided to meet our clients' requirements as we understand that each client's requirements are unique. Some of the accounting services we offer are:
It is vital that businesses have a system of record-keeping that delivers reliable information. We assist our clients to set up books and records relevant to their individual needs. We can offer either a complete off-site service where the book-keeping task is carried out away from the client's offices or an on-site service provided at regular intervals.
The requirement for payroll services comes in all types and sizes and it may vary in various degree of complexity although one can always agree that since this assignment is a monthly task, the key word is URGENT since clients' need PAYE, NSSF & NHIP to be paid on time! We have a dedicated team specializing in payroll assignments to provide our clients a timely and flexible service, individually tailored to each client's requirements.
Clients require periodic monthly accounting reports, be it weekly, monthly or quarterly, to make meaningful financial decisions. We can provide this service when called upon.
Annual report and Financial Statements
We can assist with the preparation of IFRS compliant annual reports and financial statements.
Internal Audit, Risk and Governance - Ace Consultants Limited
We aim to prepare organization’s for the evolving corporate governance, risk management and internal audit regime. To achieve this key objective, we seek to provide a wide variety of customized service solutions on internal audit to include business performance management audits advisory, consulting and corporate training.
We strongly believe that with the ever-changing landscape of the business environment, the "internal audit" function can no longer retain the traditional, transaction-based role. The need to react swiftly in today's technology-driven, marketplace means an organization must be quick, flexible and receptive to change to enable achievement of its strategic aims and goals.
Internal Audit has the potential to be the most influential value-added services available to the board of directors. It is crucial in identifying opportunities, risks and exposures that can determine success or failure of an organization.
We can help you transform your internal audit department by making it more risk-focused, re-aligning the internal audit effort with the inherent risks that may jeopardize the attainment of the business objectives and corporate mission.
Our role is to provide our clients with a tailored strategic approach to assist our clients to identify and understand specific operational and financial risks; to define the level of calculated risks your organisation is willing to take on; and to identify and focus on the opportunities available to your organisation.
Strategic Management Advisory- Ace Consultants Limited
This services aims at providing management advise on strategic challenges faced by management of organization’s and includes among others:-
- Talent recruitment, retention and compensation advice.
- Review and critique of marketing strategies.
- Give local market knowledge for foreigners setting up businesses in Kenya.
- Preparation of strategic business plans
Many agreements and contracts provide for an arbitration clause as it is a significantly cheaper option than to litigate. We can provide professional arbitrators and support during arbitration process in commercial disputes with your suppliers, employees, customers and contractors.
Corporate Finance, Personal Financial Planning and Succession Planning Services
Buying and Selling Business (SME Mergers & Acquisitions) - Ace Financial Advisory Limited
We have considerable experience in sales of Small and Medium sized business and management buy-outs and related services. Our personalized service ensures we assist our clients achieve their overall goals.
We advise on a range of fund-raising options for diverse needs of our clients, which are tailor made for them. Our network of contacts will assist our clients in securing the right finance package.
Corporate Finance - Due diligence exercise
No business deal should go ahead without a proper due diligence exercise - a process that checks the target is all it claims to be or what it should be!
Our role is to review financial books and records and provide the potential investor or purchaser with critical information, either to confirm representations made or provide feedback to renegotiate the terms and conditions. We deliberately involve ourselves in the whole deal, from beginning to the end. By adopting a vigilant up-front planning approach, it enables us to stay focus on the process and cut down on irrelevant details, unnecessary costs and saving of much invaluable time.
Corporate Finance - Valuation
The specialist area of business and share valuation can be somewhat complex. The key to an a credible valuation is an overall in-depth knowledge and understanding of recognized "commonsense" techniques and apply these techniques to the subject matter in question. This may be for tax planning purpose or sale of a business. Alternatively, it may be necessary to obtain an independent valuation due to a shareholder grievance or matrimonial dispute. Some of the benefits of an independent valuation are as follows:
- Avoid uncertainty in dealing with valuation matters;
- Possible potential high saving of time and money; and
- An independent third party opinion will add credibility.
Corporate Finance - Capital Raising (both conventional and Islamic Sharia Compliant modes)
We provide support when raising capital, which includes identifying and determining possible sources of finance, approach financiers, prepares business plans, cash flow forecasts and assist in preparing documentation for the financiers.
Arbitration & Alternative Dispute Resolution
We can provide arbitrators when settling financial disputes using Alternative Dispute Resolution methods related to valuation, and other related corporate finance disputes with investors/investee.
The Future: Investment Advisory and Fund Management
We intend to apply for an Investment Advisor License and subsequently a Fund Manager license from the Capital Markets Authority in 2016 and a Fund Administrator and Fund Manager License from the Retirement Benefits Authority to enable us administer and manage retirement benefits schemes and funds in an Islamic Sharia Complaint manner. We shall also be providing personal financial planning services using sharia compliant products for individuals, including protection (medical), security (retirement), home finance, investment and tax efficiency built in the strategic plan to provide long term benefits for the individual.