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    RICHARD HASSAN & ASSOCIATESCertified Public Accountants of Kenya
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    Financial Statements Preparation — Nairobi

    Financial Statements Preparation Services in Nairobi, Kenya

    Professional financial statement preparation in Nairobi. IFRS-compliant Statement of Financial Position, P&L, Cash Flow, and notes for Kenyan companies, NGOs, and SACCOs.

    Professional Financial Statements Preparation in Nairobi

    Financial statements are the formal record of your business's financial performance and position. Our financial statement preparation services in Nairobi produce accurate, IFRS-compliant financial statements — including Statement of Financial Position, Statement of Profit or Loss, Statement of Cash Flows, and accompanying notes — ready for audit, regulatory submission, or stakeholder distribution.

    Who Should Consider Financial Statements Preparation?

    • Companies required to prepare annual statutory financial statements
    • NGOs needing financial statements for donor reporting
    • SACCOs and cooperatives preparing regulatory financial statements
    • Businesses preparing financial statements for lenders or investors

    Pain Points We Resolve

    Challenge

    Financial statements that do not comply with IFRS or Kenyan requirements

    Challenge

    Incomplete or inaccurate notes and disclosures

    Challenge

    Inconsistent accounting policies between reporting periods

    Challenge

    Financial statements not ready for audit or regulatory submission

    Deliverables and Inclusions

    ✓
    Statement of Financial Position (Balance Sheet) preparation
    ✓
    Statement of Profit or Loss and Other Comprehensive Income
    ✓
    Statement of Cash Flows (direct or indirect method)
    ✓
    Statement of Changes in Equity
    ✓
    Complete notes and disclosures in accordance with IFRS
    ✓
    Comparative figures and prior period adjustments where applicable

    How the Process Works

    1

    Trial Balance Review

    We review your adjusted trial balance for completeness and accuracy before beginning statement preparation.

    2

    Adjustments & Reclassifications

    We process any remaining year-end adjustments, reclassifications, and provision calculations.

    3

    Statement Preparation

    We prepare all required financial statements and notes in accordance with applicable IFRS standards.

    4

    Review & Delivery

    We review the complete financial statements for accuracy and compliance, then deliver for audit or submission.

    Why Professional Assistance Matters

    Financial statement preparation requires expertise in IFRS and Kenyan reporting requirements. Errors or omissions can lead to qualified audit opinions, regulatory penalties, and loss of stakeholder confidence. Professional preparation ensures your statements are accurate, complete, compliant, and ready for audit or submission.

    Deliverables and Outcomes

    • IFRS-compliant financial statements with all required notes
    • Statements ready for external audit or regulatory submission
    • Consistent application of accounting policies across periods
    • Clear, professional presentation suitable for stakeholders

    Kenyan Regulatory & Statutory Context

    Kenyan companies must prepare financial statements in accordance with IFRS as adopted by ICPAK. The Companies Act requires these statements to be audited and presented at the AGM. NGOs must submit financial statements to the NGO Coordination Board, and SACCOs to the SACCO Societies Regulatory Authority (SASRA).

    Explore the Full Service

    Learn more about our comprehensive Accounting Services in Nairobi — including all sub-services, packages, and how we tailor our approach to your business.

    View Accounting Services in Nairobi

    Related Service Areas

    Beyond accounting, our Nairobi CPA team provides complementary services that may also support your business:

    Industries We Serve

    We tailor our accounting services for businesses across these sectors:

    View all industries we serve

    Financial Statements Preparation — Frequently Asked Questions

    What financial statements do Kenyan companies need to prepare?

    Kenyan companies must prepare a Statement of Financial Position, Statement of Profit or Loss, Statement of Cash Flows, Statement of Changes in Equity, and accompanying notes — all in accordance with IFRS as adopted by ICPAK.

    Can you prepare financial statements for our auditor?

    Yes. We prepare complete, audit-ready financial statements with all supporting schedules, notes, and disclosures. We also provide audit support throughout the engagement.

    What is the difference between management accounts and financial statements?

    Management accounts are internal reports tailored for business decision-making and can be prepared in any format. Financial statements are formal, IFRS-compliant reports prepared for external stakeholders (auditors, regulators, lenders, shareholders) following prescribed formats and disclosure requirements.

    How long does financial statement preparation take?

    Once your books are finalized and the trial balance is adjusted, financial statement preparation typically takes one to two weeks. Complex entities with multiple subsidiaries or significant adjustments may take longer.

    Need reliable financial statements preparation support?

    Let's discuss your accounting needs. Our CPA team is ready to help.

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