There are about 500 Auditing, accounting and bookkeeping companies in Kenya. Tax consultants were about 68 by 2020. Deloitte is one of the best-performing companies in East Africa. Deloitte offers various services such as
Audit & Assurance
Consulting
Financial Advisory
Risk Advisory
Tax & Legal
The single-entry bookkeeping system is used for businesses with minimal or uncomplicated transactions. This system records cash sales and business expenses that are paid when incurred. Double-entry bookkeeping systems are used for businesses that routinely have more complex transactions. Companies that collect income through accounts receivable and receive merchandise and inventory on credit are better-suited for this method.
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