We provide meticulous bookkeeping and accounting services to help you maintain financial stability and transparency.
Crystal clear accounting and bookkeeping are lifelines for any company, be it a startup or an established enterprise. In fact, businesses in the Tanzania must adhere to the accounting rules and regulations set by the International Financial Reporting Standards (IFRS). The Tanzanian laws also require all businesses to maintain a five-year record of all their financial transactions. With compliance requirements getting more complex every year, you need an experienced team to maintain transparent records of your financial activities.
Epics is the best choice for bookkeeping and accounting services that conform to IFRS and Tanzanian laws. When you hand over your financial requirements to our team, we deploy our best practices to ensure that all records are reviewed and balanced accordingly. With accurate bookkeeping and accounts management, we guarantee the success and security of your business.
What We Do
Monthly Bookkeeping: Keeping track of your monthly income and expenditure is our responsibility. To do so, we prepare and examine your monthly income statements to ensure accurate financial details for taxation and auditing purposes.
Financial Reporting Services: We are also responsible for updating you about your company's financial health status. Our certified accountants will give you detailed financial reports, income and balance sheets to ensure that nothing goes unnoticed.
Our financial reporting services include:
· Setting up accounting procedures and software to handle all financial activities
· Maintaining your accounts depending on the frequency of your transactions
· Preparing your income statement, equity, cash flow statements, and balance sheet quarterly and annually to assess your company's financial performance
· Establishing procedures for accounting, entry documentation, segregating duties and bookkeeping
Audit Services: The purpose of auditing services goes far beyond simply verifying numbers and figures. It involves systematically reviewing and inspecting an organisation's financial records and controls. Epics auditing services use open auditing processes to assess your organisation's fiscal viability and ensures regulatory compliance with Tanzania's auditing laws. We work in coordination with our Audit service partners offering the following services:
· We will coordinate and liaise with our audit associates to provide audit service for compliance and other special purposes.
· Identify and mitigate risks to ensure compliance with rules.
· Enhance overall efficiency with internal audits.
· Provide an unbiased assessment of the company's financial health.
· Extract evidence to be used for legal proceedings with forensic audits
