DRAFT VAT REGULATIONS ON SUPPLY OF DIGITAL SERVICES ask for tax help With the digital transformation of many businesses across the globe, the taxation system keeps transforming too in different […]
Being an economically emerging and developing country, Kenya has observed business growth and opportunities in various sectors including travel, tourism, education, sports, manufacturing, transportation, financial institutions and NGOs , Public sector and other sectors. This has led to the growing number of audit firms in Kenya. For any business firms, it is important to get audited annually to have an insight into the operations and compliance of the company.
As themed the Kenyan budget 2020/21 Is aimed at creating and protecting jobs, stimulating industrial growth and ultimately steer economic recovery.In order to boost the economy
From the turn of events, learning from the previous epidemics like Ebola and SARS, most of the governments and corporations were not prepared to face a disruption of such a scale. The anticipation of such an epidemic to get out of hand was not there leaving China to struggle with it alone for several months. It is a unique situation of unplanned occurrences since the dynamics involve factors above any one country or corporation. Whereas one could have internal controls and measures most of the business disruptions may occur due to disruption of the supply chain and the market where the demand for the products decreases temporarily.
In light of the Novel Corona-Virus Pandemic, the future of most business functions continues to be uncertain. Corporate leaders are considering key issues around managing severe business shocks, recovery plans as well as keeping essential functions of the organization alive, majorly based on perspective.
As COVID-19 continues to wreak havoc in our normal lives, from global, regional to local businesses, it is imperative that businesses have to rethink survival in order to navigate through the challenging times.
We wish to recommend some advice on how small businesses may remain afloat by being proactive towards the eminent dangers caused by COVID-19. This professional advice is general in nature and may not necessarily apply to all businesses but will be important to activate strategic thinking and business leadership in this crisis.