Our Services
Accounting Services That Work for You.
Our services
Accounting Solutions for Today and Tomorrow.
MS+A (M SAKALA & ASSOCIATES) is a firm of chartered accountants registered with the Zambia Institute of Chartered Accountants. MS+A was registered ZICA in 2008. MS+A has a strong team that collectively brings a combined experience in accountancy and audit that stretches over 50 years, including providing business advisory services, tax advisory and consulting services.
What We Do
Accounting by the Book.
Perform with Trust.
This involves taking full responsibility of an organisation’s financial reporting and compliance matters. Our clients engage us on term contracts of typically one year or more to handle their matters regarding Turnover Tax, Value Added Tax, accounting, payroll and preparation of management and final accounts for submission to ZRA.
This involves reviewing and reporting on a client’s accounting system for reasonableness and adequacy of internal controls for the purpose of preparing financial statements, performing checks on balance sheet and some income statement items, compiling a set of financial statements that comply with Generally Accepted Accounting Principles and International Financial Reporting Standards. In some cases, we would then proceed to prepare the financial statements while in other cases we may only be required to report.
We conduct external audits of financial statements prepared by the client for the purpose of forming an independent opinion as to the reasonableness of assertions made in the financial statements and whether or not the financial statements are free of material misstatements. Our audits are conducted in accordance with International Standards on Auditing as promulgated by the IFAC. We also provide assurance services that entail performing agreed upon procedures to determine the facts of financial or other transactions. Our firm performs audits of internal control systems and financial statements. We have clients in the following industries: media, insurance, construction, non-governmental organisations, tourism and agriculture.
We provide internal audit services that require that we provide full risk based audit services that add value to the client. This involves undertaking detailed coverage of each department or unit and reporting on our findings to relevant authorities.
Because of our team’s all-round and global experience at high levels in finance and accounting, we have special strengths in designing efficient solutions for maximizing savings on costs. We advise on strategy, business planning, funds management, organisation re-structuring, debt recovery, etc.
Our taxation services include tax planning to ensure our clients obtain the most efficient tax structure on deals, corporate set-up or personal wealth management. We are Tax Agents for several companies – local and foreign. Our taxation services include dispute resolutions with Zambia Revenue Client and avoiding reverse tax and double taxation where applicable, in our capacity as Tax Agents for foreign entities.
We help our corporate secretarial clients comply with provisions of the Companies and Societies Acts by assuming responsibility for filing and updating corporate secretarial documents, as well as advising on structure and sealing corporate documents.
Because we are chartered accountants, auditors and preparers of financial statements etc. we are well placed to offer advice on accounting staffing solutions. We recruit chartered accountants for industry, including advising on accounts department staffing needs and structure.
We conduct training sessions in Financial Literacy for Finance and Non-finance personnel. Our training is tailor-made to industry sector and with consultation with our clients; we design courses that include accounting, working papers, taxation, financial forecasting and Microsoft Excel.