Accounting/Bookkeeping Services
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Accounting/Bookkeeping
For us, accounting involves more than just numbers. We develop a systematic process of recording, accurate measuring, summarizing, and comprehensibly communicating financial information to management and entities for decision making.
Lakestone LLP provides a full range of accounting and book-keeping services geared towards assisting small to medium size companies scale up their operations and meet both internal and external financial obligations. Our ultimate objective is to help business owners reduce time spent on non-essential tasks thus channeling their time, energy, skills, and concentration towards the core business functions and increasing profitability. We provide you with timely information and expertise which is intended to give you the fullest possible accounting picture of your business.
Our independent, objective and tailor-made accounting services provide our clients with the confidence they require to plan for the future and include;
- Evaluation, design and proposal of a suitable accounting and reporting system.
- Training of staff on the implementation of specific accounting policies and systems as relevant to organizations.
- Preparing monthly, quarterly & annual budgets.
- Cash flow projections.
- Monthly bookkeeping; preparation of general ledger accounts, debtors and creditors management, bank reconciliations, cash and payroll management.
- Expenses verification and inventory management services.
- Completing, filing, and remittance of statutory monthly returns such as NHIF, NSSF, VAT, WHVAT, PAYE, TOT, Tourism Levy & Rental Income Tax.
- Preparing monthly or quarterly project management accounts that meet the specific donor needs.
- Preparation and consolidation of annual financial statements.
- Any other accounting assignments as per the specific donor requirements.
In a nutshell, assigning routine and time-consuming accounting tasks to us means your staff can focus on the key activities that will make the greatest difference in your business. Moreover, the absence or departure of a member of your team could be an issue but by outsourcing to us, our clients have the guaranteed continuity of service because our experienced accounting professionals will act as an extension of your team.