Nambiar Associates › yahoo_site_admin › assets › ...Vishnu Maya R. Nambiar, ACCA (UK), CPA(R), CPA (K) She is an Audit partner in Nambiar Associates since 2005. She has qualified

Capability Statement

We are the ‘Best Friend’ of in Rwanda and currently implementing the Grant Thornton software and standards to become a member firm.

Nambiar Associates

Certified Public Accountants

Web:nambiarassociates.com

1 P a g e N A M B I A R A S S O C I A T E S |Certified Public Accountants|

Contents

Vision, Mission and Values 2

The Firm 3

Overview 4

Firm Strength 5

Client Service Standards 11

Clientele Information 13

Audit & Assurance 18

Tax Advisory 19

Financial Advisory and Other Services 20

Contact Us 23


Values

Integrity

Objectivity

CompetenciesCommitment

Strength from cultural

diversity

Vision, Mission & Values Vision

To be among the leading audit, accountancy and

advisory firms. To achieve the Standard of

Excellence.

To be highly respected by the community of

Stakeholders and become the first choice for them.

Mission

To support and guide clients to achieve success in

their business by acting as their trusted business

advisors.

To provide quality, cost effective, personalised

and innovative business solutions to meet the

changing needs of our clients.

Empower our manpower through continuous

professional development to face the dynamic

global changes.

Values


The Firm

Introduction Nambiar Associates (Certified Public Accountants) is one of the Rwanda’s leading professional services firms who provide audit, tax, enterprise risk services, financial advisory and consulting to a wide range of local and multinational clients. Nambiar Associates was registered in 2003 as a firm of Chartered Accountants in Public Practice and registered in ICPAR when it formed in 2009. The firm is registered with all regulatory authorities relevant to its line of work. The firm has since grown to acquire a respectable niche in the market place. The firm is presently under evaluation by an international firm to join hand with them and expected to be part of the International Accounting Firm in the near future. The firm was established in 2003 and it has become one of the leading professional service firms in Rwanda (East Africa). The firm is providing services to over 150 clients including both multinational and local companies. The firm has significant presence across manufacturing, services, commercial, financial

and public sector entities in the country. The firm has a workforce of more than 30 peoples. Our staffs include more than eight qualified professional accountants, financial expert and other technically qualified persons. We are registered with Rwanda Development Corporation (RDC No: RC 8298). We are also registered with Rwanda Revenue Authority (TIN and VAT: 101780461)

Nambiar Associates has

served more than a

decade of highly

admirable professional

services to the Nation.

We bring the world

class capabilities and

deep local expertise to

help clients succeed in

their goals.

We deliver high quality

services by combining

the best local and

international resources.


Overview We Nambiar Associates, Certified Public Accountants, have the expertise along with a strong local knowledge base, and a professional team to deliver. We are well positioned to provide the best advice on how to compete more effectively. We believe that in order to deliver real value to our clients, we must have the foresight, to anticipate and the capabilities, to address the emerging challenges arising from globalization and ever changing business environment. We provide a comprehensive range of business services in the areas of Audit and Assurance, Taxation, IT Services and a wide range of Advisory Services. We are committed to the business community in Rwanda in particular and East Africa in general, with a vision to provide accurate and concise financial information to the management at the right time, so vital for decision-making. The firm also aims at providing management with Financial and Analytical data to facilitate easy and correct decision-making. Rwanda has witnessed tremendous change in Industrial policy with liberalisation of economy. With this, competition has also increased calling for cost control and timely management decision for achieving set targets, proper feasibility study, reliable Financial Information, Internal Audit, Cost control, and monitoring optimum Human Resources, proper financing for Capital Investment and working capital are identified as the key areas to the success of any enterprise. Even in Government organisations cost control and adequate planning are called for healthy competition with private sector. We have something to offer for the Government organisations as well as for the private sector as can be seen from the services offered given in the next page

WORK METHODOLOGY

All work is carried out in accordance with International Accounting and Auditing Standards. In addition to this, all work complies with the quality standards set out by our quality assurance procedures.

All engagements are planned thoroughly at the outset with the proper input of all

engagement personal starting from the Partner level, including Managers and all field staff.

All work carried out by field staff is thoroughly reviewed at Managerial level and

thereafter at Partner level, and all reports are signed only by Partners. No other staff member is authorized to act as signatory to any report or document expressing an opinion on any matter.

All tax consultancy engagements are handled at Partner level with merely the

compliance issues being delegated to managerial and support staff.


Firm Strength Nambiar Associates has a managing team of highly professional and qualified partners and more than 25 professional trainees and staff, fostering extensive professional knowledge. The blend of Qualifications that our team holds ranges from Chartered Accountancy; Internal Audit, IS Audit (CISA), and Chartered Accountancy (ACCA, ICAI and ICPAR). The partners of this firm:

1. N.R. Raghavan Nambiar, FCA, CPA(R),CPA(K)

2. Sasikumar R. Nambiar, FCA, CPA(R), CPA(T)

3. Vishnu Maya R. Nambiar, ACCA, CPA(R), CPA (K)

N.R. Raghavan Nambiar, FCA, CPA(R), CPA (K).

He is the founder and managing partner in Nambiar Associates. He has possessed more

than three decade of admirable experiences in financial and advisory services, specializing

in Management Consultancy, Corporate secretarial services, and Tax Consultancy. He has

been residing in Rwanda for the last fifteen years and well versed in Rwandan commercial,

Labour and Tax laws.

He earned Master degree of Commerce from University of Kerala (India) and also Bachelor

Degree of commerce from the same University. He is a member of The Institute of

Chartered Accountants of India (ICAI) since 1986 and become a Fellow member of ICAI in

1992. He is also a Founder member of The Institute of Certified Public Accountants of

Rwanda (ICAPR).

He has been a Chartered Accountant in public practice since 1982 in India and thereafter

in Rwanda since 2002. He has gained thirteen years experiences in India and twelve

years’ experience in Rwanda as practicing CA.

He possesses rich experiences of management level or second management level. He has

four years’ experience in Construction and Real Estate Company as Chief executive. He

earned four years experiences as a member of the Board of directors in a Plantation

Company and five years’ experience in manufacturing industry in which three years as

General Manager and two years as Director Finance and administration.


Sasikumar R. Nambiar, FCA,CPA(R), CPA(T)

He is a Fellow member of the Institute of Chartered Accountants of India (ICAI) and a

member of the Institute of Certified Public Accountants of Tanzania (ICPAT). He is a

member of ICAI since 1984.

He possessed Bachelor Degree in Economics from University of Kerala (India).

He earned 10 years of experience with international audit and consulting firm Horwath

Tanzania and Grant Thornton Tanzania as Audit Principal.

He holds IFRS Diploma at Association of Chartered Certified Accountants (ACCA), UK.


Vishnu Maya R. Nambiar, ACCA (UK), CPA(R), CPA (K)

She is an Audit partner in Nambiar Associates since 2005. She has qualified ACCA at the

age of 21 and passed all papers in the first attempt. She earned position fourth world wide

in one paper and thirteenth in another paper. She was first in most of the papers in

Rwanda and was first in East Africa in four papers.

She is a founder and also youngest member of The Institute of Certified Public Accountants

of Rwanda (ICPAR). She has been working with Nambiar Associates for the last Seven years

in different capacities and gained a rich experience in Assurance and Audit, Financial

Services, Tax advisory Services, Accounting, Budgeting, Fund Management, Statutory

Compliance/liaison, feasibility studies of various projects.

She is eligible person for B.Sc. (Hons) in Accounting from Oxford Brookes.


C. B. Keshav, ACA, CS, CPA(R)

He possessed Bachelor Degree in Commerce from Jai Prakash University, Bihar (India). He

is an Associate member of the Institute of Chartered Accountants of India (ICAI). He

gained chartered accountancy status at the age of 21 and passed all papers in the first

attempt. He has also earned Company Secretarial-ship degree from the Institute of

Company Secretaries of India (ICSI) and scored All India 20th Rank in the exam.

He is one of the youngest members of the Institute of Certified Public Accountants of

Rwanda (ICPAR).

He is currently pursuing to ACCA (UK) and CIA (USA). He is in the final level of ACCA study.

He has gained more than five years of post and pre-qualification highly professional

experiences in Auditing, Management Consultancy, Accounting, IFRS Reporting and

Financial and Operations Management.

CA SUNNYKUMAR MATETI, MBA, ACA, CPA(R)

He holds a Master’s Degree in Business Administration. He is an Associate member of the

Institute of Chartered Accountants of India (ICAI).

He is also a member of the Institute of Certified Public Accountants of Rwanda (ICPAR).

He has six years rich experience in Auditing and Assurance, Securities Market, Forex

Transactions, Investment Advisory Services.


SHEREENA WILSON P, B.Tech Engineer (CS)

She is a B.Tech Engineer (Computer Science). She has five years of hands-on experience in

leading a team of developers to analyse and custom develop solutions that help companies

streamline their operations.

She was worked with NT Global, System and Solution as Project Coordinator from March

2006 to May 2009.

She is associated with Nambiar Associates since August 2009 as IT and Technical Advisor.

She is also pursuing to ACCA (UK).

Name: Vipin Raj

Role: Auditor

Qualification: Bachelor degree in Commerce from Kerala

University (India). He is currently pursuing to ACCA, UK.

Work Exposure: He has 5 years of experience in Internal

Audit and accounts. He has earned a very rich exposure in

internal audits.

Name: Lineesh G. Mattahil

Role: Finance and Administrative Manager

Qualification: Bachelor degree in Commerce from Mahatma Gandhi University (India). He also holds Diploma in Professional Accounting from All India Council for Management Studies

Work Exposure: He has 5 years of experience in accounting

and administration. He has been working with the firm from

March 2012.


Our Supportive Team Members

Our human resource strategy is to develop and deploy best capabilities in each of the

service area. Our local forces are equipped with requisite skills and specialism to support

our clients in their constant changing business environment. They have working knowledge

in audit, accounts and other supportive areas.

Left to right: Kagabo John, Joby M Jose, Bijo Thomas, Aneesh Vijayappan, Bigango

Mwungura Jacques, Buyoya Claude, Sezibera Jean Bosco, Uwambayingabire Cecile,

Kwizera Benigne, Murebwayire Janvire, Bigina Richard, Ntakarutimana Aime Bienvenu(not

there in the picture), Aline Ingabire(not there in the picture)

Name: Habumuremyi Vincent

Role: Tax Consultant

Qualification: He holds a Bachelor degree in Accounts

Work Exposure: He has earned more than 23 years of

experience in the field of accounts, tax compliance and

advisory services. He has earned eight years of experience in

National Bank of Rwanda (BNR).


Audit and Assurance•Statutory Audit

•Internal Audit

•Independent Controls

•Process Assurance Management Audit

•Information Audit

•Cost Audit

•Due Diligence

•Provident Fund Audits

Taxation•Direct Taxes

•Indirect Taxes

•Corporate and Business Tax

•Executive & Individual Tax

•Consulting Corporate and Business Tax Compliance

•Personal Tax Planning

•Tax Review Audit

•Staff Retirement Taxation

•Sales Tax/ VAT

•Tax on services

Advisory and Other Services•Company formation and incorporation

•Corporate Restructuring

•Computerisation & Information Technology

•Budgets and Forecast

•Management Consultancy

•Financial Consultancy

•Business Advisory

•Acquisition and Take over

•Winding up & Liquidation

•Crisis Management

•Quality Management Systems

•Business Problem Diagnostics

•Management Review

Client Services Standards We have a rigorous set of client standards. These standards are followed throughout the firm to

ensure quality service to all our clients.

Our philosophy is to strive continuously to:-

Serve the needs of our clients and add value

Provide development of our professional staff

Provide a wide range of high quality services

Provide a genuine value proposition to our clients for fees charged

Strive to promote compliance with all legislative issues.

We follow multidisciplinary approach considering the quality control compliance through our

professional staff to ensure the best service of the following:

A. Audit and Assurance

B. Taxation

C. Advisory and Other Services


Sector we serve:

Hydro Electric Power projects,

Mining and quarrying

Drilling & Exploration

Farming

Irrigation & Agriculture

Exporters-Importers

Educational Institutions

Manufacturing Roofing Sheet

Manufacturing Textile

Manufacturing steel

Manufacturing Grain Milling

Manufacturing Furniture

Manufacturing Packaging

Manufacturing Beverages

NGO’s, Non Profit Making Organizations

IT Solutions, Software

Transporting

Clearing and forwarding

Lottery& Betting

Hotel and Restaurants, Resorts

Telecommunication

Travel agents

Tour Operators

Duty free shop

Furniture & Interiors

Architects & Designers

Photo Lab

Public Transport

Trading Educational Equipment supplies

Trading Computer & Accessories

ISP Providers

Trading Confectionary & Biscuits

Trading Generators and Machinery

Trading Pharmaceutical

Food, Beverages & allied

Health care & Hospitals

Leather & tanning

Surgical equipments

Transport & Communication

Real estate

Advertisement and Media

Natural resources


Asian Countries

•China

•India

•Pakistan

•Singapore

•Sri Lanka

•Nepal

•Korea

European Countries

•Belgium

•France

•Germany

•Italy

•Russia

•Switzerland

•United Kingdom

•Netherlands

African Countries

•Rwanda

•Burundi

•DR Congo

•Egypt

•Ethiopia

•Kenya

•Mauritius

•Nigeria

•South Africa

•Tanzania

•Uganda

•Zambia

Others

•Canada

•United States

•Kazakhstan

•Israel

Gulf Countries

•Oman

•United Arab Emirates

•Lebanon

Clientele Information

We are dealing with more than 30 nationalities clients’ and providing them quality

services embedded with highly ethical and quality standards.


•UTEXRWA S.A [Textiles]

•SORWATHE LTD [Tea]

•TOLIRWA S.A [Roofing Tiles]

•PFUNDA TEA COMPANY [Tea]

•SAFINTRA [Roofing Tiles]

•SRB INVESTMENTS (RWANDA) LTD [Packing Materials]

•ONLY INFORTEL KOREA LTD

•FLEXI FOAMS LTD [Foam and Matresses]

•BAKHRESA GRAIN MILLING RWANDA LTD [Wheat Flour]

•IMANA STEEL RWANDA LTD [Steel]

•SAHASRA ELECTRONICS LTD [Energy Saving Lamps]

•INSTRUMENTATION ENGINEERS LTD [Machinery for Tea Industry]

•BAKHRESA GRAIN MILLING BURUNDI SPRL [Wheat Flour]

•MIKONI TERADERS LTD [Wheat Flour]

•PLASCO (RW) LTD (MPVC,HDPE Pipes)

•V-PLUS DEVELOPERS & TRADERS (Corrugated Paper Cartons)

•SPENCON INTERNATIONAL LTD

Manufacturing

•PREMIER BUILDERS RWANDA LTD [Builder]

•SUJITO CONSTRUCTIONS LTD

•JKK INTERNATIONAL AFRICA LTD

•CHINA GEO ENGINEERING CORPORATION

•VEKSONS RWANDA LTD

•EPCO BUILDERS RWANDA LTD.

Real Estate & Construction

•MEHATA ELECTRICALS RWANDA SARL [Electrical]

•TALKPOOL SEWRVICES LTD [Telecommunicational]

•INNOVIS TELECOM SERVICES AFRICA LTD

•UST GLOBAL

•REIME RWANDA LIMITED [Telecommunicational]

•BROBUCO CONTRACTOR RWANDA LTD [Construction]

•PINNACLE SOLUTIONS LTD [Sun Flims]

•MUSCO LIGHTING RWANDA LTD [Lighting]

•EUREKA ELECTRO SOFT LTD [Telecom]

•MARA-ISON RWANDA LTD

Contractors

•TRANSCLEAR SPEDAG LTD

•IMA RWANDA LTD

•SWIFT FREIGHT INTERNATIONAL RWANDA

•FRIEGHT REACH

•MULTILINES INTERNATIONAL LIMITED

•GLOBAL SHIPPING RWANDA LTD

Clearing and Forwarding

•COMPUTER POINT LTD [Software and IT Project Consultancy]

•GNYOSIS LTD [Trainning and Consultancy]

•UST GLOBAL[IT Services and Solutions]

•VOXIVA [Software Consultancy]

•OTF GROUP [Software Consultancy]

•PAYODA AFRICA LTD [Software Consultancy]

•ARECA CONSULTING LTD [Software Consultancy]

•TECHNO BRAIN [Consultancy and Training]

•NT Global SPRL Burundi [Satelite ISP Provide]

IT Solution, Software

INDUSTRY WISE


•UNIVERSAL TRADING LTD [Wheat Flour]

•ETS HARJITH

•GLOBAL RWANDA LTD

•MARHABA MOTOR CYCLE PARTS [Motorbike Spareparts]

•NOORI AUTO PARTS [Motor Vehcile Spareparts]

•NM INTERNATIONAL RWANDA SARL [Alcoholic Beverage]

•NINA INTERIORS RWANDA LTD [Furniture etc.]

•LIFESTYLE CONCEPTS [Furniture etc.]

•FONE EXPRESS LTD [ Computer, Mobile etc.]

• CEMENT DISTRIBUTORS LTD [Cement]

• KVS ENTERPRISES LTD [Sanitary]

•CAR GENERAL LTD [Generators]

•SOCABELEC RWANDA LIMITED [Generators]

•COMCEL [Mobiles]

•SDC AFRICA LTD [Computer Accessories]

•QUENCH LTD [Computer Accessories]

•NITI COMPUTERS LTD [Computer Accessories]

•CEMENT DISTRIBUTORS BURUNDI [Cement]

•MONSOON TRADING LTD [Alcoholic Beverage]

•NATIONAL DISTRIBUTORS LTD

•DATA PRO LTD [Beverage]

•SAI OFFICE SUPPLIES (RW) LTD [Office Appliances]

•SREE COM LTD [Mobiles]

•EXPRESS AUTOMATION [Computer Accessories]

•CHEMI & COTEX RWANDA LTD

•PEARL ENTERPRISES LTD [Petroleum Products]

•CHEMLOG RWANDA INTRNATIONAL [Chemicals]

•SELCOM WIRELESS RWANDA LTD [Electricity, water and telephone]

•PRAYOSHA ENTERPRISES RWANDA LTD [Aluminum]

•PHENICIA TRADING COMPANY LTD [Machinery and Spareparts]

•DAVIS & SHIRTLIF [Machinery Spareparts]

•DEAD SEA LTD [Cosmetics]

•SURYA PHARMA [Pharmaceuticals]

•SAR MOTORS LTD [Heavy Vehcile]

•EYE CARE OPTICALS SARL

•RWAGASABO LTD [Hid and Skins]

•THASHI ENTERPRISES LTD [Machinery and Spareparts]

•TECHSYS [Electronics]

•NOTS SOLAR LAMPS LTD

•NOTS SUSTAINABLE CHARCOLE LTD

•SALUTE RWANDA LTD.

•BBOXX CAPITAL RWANDA LTD.

•EAST AFRICA DISTRIBUTION RWANDA LTD.

•PRAYOSHA ALUMINIUM AND GLASS LTD.

Retail and

Wholesale Trading

•RWANDA FURNITURE LTD

•AKAMBA PUBLIC ROAD SERVICES LTD

•ETS JOBAN PUTHRA

•INCHAPE RWANDA LTD

•FREIGHT HOUSE RWANDA LTD

Transportation

•PWC RWANDA

•MUBIMA LTD

•NEDUMPARAMBIL CONSULTANTS LTD

•RAV CONSULTANTS LTD

Accounting /Auditing


•ECO POWER GLOBAL LIMITED

• ANGELIQUE INTERNATIONAL LTD

•FITWELL CONSTRUCTIONS

•BHARATH HEAVY ELECTRICALS LTD.

•EA POWER PROJECTS LTD

Hydro Project and Power Transmission

•THE ACCORD HOTELS LTD

•CASTLE WOODS RESORTS LTD

•FLAMINGO RESTAURANT

•CHIYANG HOTELS LTD

•OKAPI HOTELS LTD

•ZAYKA LTD

•ZINC HOTELS LTD

•ZURI RESTAURANT

•SOLELUNA LTD.

Hotels & Restaurant,

Resorts

•OPA PHARMA LTD

•SURGI PHARMA RWANDA LTD

•PHOTO LAB DIGITAL [Photo Lab]

•PHILLIPS PHARMA SARL

•ORBIT HEALTH CARE SERVICES LTD [Eye Hospital]

•EYE CARE

•KINIHIRA DISTRICT HOSPITAL RWANDA

•RWINKWAVU DISTRICT HOSPITAL RWANDA

•CEMENS PHARMA LTD

•MEDIHEAL

Medical, Healthcare

• RWANDA ALLIED PARTNERS SARL

•PYRAMIDES LTD

•DEMETER LTD [Equipments]

•AFRICA DRILLING & EXPLORATION LTD [Drilling and Exploration]

Exploration, Mining and

Drilling

•NYAGATARE AGRO VENTURES

•VOLUNTOUS AGRICON RWANDA LTD.

•JAIN IRRIGATIONS RWANDA LTD

•ZIMA LTD

Agricultural & Irrigation

•GOETHE-INSTITUTE

•CFW CLINICS

•KABUGA HIGH SCHOOL

•IMBABAZI ORPHANAGE

•HEIFER RWANDA

•Rwanda Banker's Association(RBA)

•Indian Association Rwanda(INAR)

NGO, Non Profit Organization

•RICKSHAW TRAVELS

•SAFARI LEGACY

•NEW DAWN ASSOCIATES Tour and Travelling

•SENERGY INDIA [Civil Engineering]

•PROSOUND RWANDA[Architecture works]

•BEED MANAGEMENT PVT. LTD.

•SAPCIAL MANAGEMENT LTD [Architects & Designers]

Architects & Designers

•NT GLOBAL SPRL BURUNDIISP Provider


•FLEMINGO INTERNATIONAL LTD ( Dutty Free Shop)

•HIGHCOMMAND LTD (Educational Project)

•ETS BINOY THOMAS [Exporters]

•PREMIER BETTING RWANDA LTD [Betting]

•PROTEA SOLUTIONS [Vehcile Leasing]

•ALLIANCE MEDIA LTD [Advertisers]

•AFRICHEM LTD [Chemicals]

•HS JUTELY INSURANCE AGENCY LTD

•RETREIVER RWANDA LTD (Car Tracking)

•RENSLOT LTD (Betting)

•OFFSHORE INFRASTRUCTURE LIMITED

•PANEOLIO POMODORO RWANDA LTD (Super Market)

•IFOTO SERVICES LTD

•ELECTRONICA LTD

•CO2 BALANCE LTD

•HOTPOINT RWANDA LTD

•IMPRESCO RWANDA LTD.

Other Sectors

•LAKE PETROLEUM RWANDA LTD

•FOSSIL FUELS LTD

•GAPCO RWANDA LTD

Petroleum Wholesalers

•PREMIER BETTING RWANDA LTD

•RENSLOT LIMITEDLottery& Betting


We have the

distinction of being

auditors of the large

number of limited

companies in Rwanda

engaged in public and

private sector.

Audit and Assurance Auditing is a highly complex process, and the importance of auditors as a vital link in the financial reporting chain and their role as trusted advisors has increased manifold in the

present era. The Audit professionals at Nambiar Associates firms provide a range of audit and advisory services to assist clients in achieving their business objectives, managing their risk and improving their business performance—anywhere in the world. Using our

state-of-the-art tools enables audit professionals to deliver the assurance service quality and excellence that is implicit in our brand name and that the financial community and public expect.

Audit is a complete function where in every existing system is evaluated and perfected. Any deviation from the existing system is immediately reported with the corrective action

to be taken. The scope of audit involves not only vouching but also a complete system study wherein all unwanted expenses are revealed to the management enabling them to take corrective action. We are emphasising on internal audit in its true sense the scope of

which is vast and all embracing. Audit is an independent examination of records and

accounts produced by clients and auditors are obelised to mention all the relevant facts which may affect the decisions of

stakeholders. We have a very strong quality assurance system in place, the policies adopted in this respect include involvement of an additional partner as advisory partner in every major audits, dedicated team for specified sector, specialized training courses, engagement quality assurance review programs and a formalized consultative framework. We bring to every aspect of our service the highest levels of commitment, professionalism, energy, and enthusiasm. We have audit tools, resources and procedures to provide the means for our professionals to deliver high-quality audit services. In our services we applied international audit approach and follow the International Financial Reporting Standards (IFRS). Our audit approach focuses on understanding the clients’ global business and control issues from the inside out. It combines a rigorous risk assessment, diagnostic processes, and audit testing procedures as well as a continuous assessment of our clients’ service performance.


Tax Advisory

While working over a decade in Rwanda, we have

developed expert knowledge on relevant tax laws in

Rwanda. Nambiar Associates’ tax experts keep their

clients up to the edge of developments. They help you

their significance and tax considerations into client’s

business strategy.

Our taxation Services includes:

Corporate and Individual Tax Advisory

Compliance services

Preparation and filling of income tax, VAT and

TPR returns

Representing clients before tax authorities.

Legal counselling.

Tax due diligence services.

Updating the client’s business with circular and

amendments of tax laws.

We provide full range of tax

services through our tax

practitioners having a deep

knowledge of tax rules and

regulations.

We offer an array of services

to our clients to comply with

tax requirements while

benefiting from tax

incentives or exemptions

available to make them tax

efficient.


Financial Advisory & Other Services

COST ANALYSIS AND MATERIALS MANAGEMENT

Costing and cost analysis despite being the essence of

survival and profit making in any organisation do not receive

the right kind of attention. Our team of specialised staff

advise the company identifying the cost element involved,

correlating it to the income, analyse the contribution,

segregate the cost and arrive at the root factor.

Stock constitutes a major investment in most organisations

and stock is nothing but money blocked which has carrying

cost. Analysis of stock, fixing of reorder level, minimum and

maximum levels, identifying redundant stock, analysing the

reason for it, and eliminating them can go a long way in cost

control and enhancing profitability.

BUDGETS AND FORECASTS

Our team assist the company with the preparation of

adequate Budget, which facilitate budgetary control and

easy monitoring.

MANAGEMENT CONSULTANCY

Providing advice on: Systems of general internal control, -

Devising costing systems, -Recording and assessing

divisional operating results, - Design of documentation, -

Internal and operational audit, and -New accounting records.

FINANCIAL CONSULTANCY

Optimum avenues of investment,- Raising finance in the

short, medium and long term: preparing the associated

reports and schedules,- Client company’s profitability and

liquidity, and monitoring at regular intervals,- Key financial decisions arising in the

course of trading, -Establishing optimum levels of readily realizable assets such as

stocks, debtors and investments,- Bank presentations.

RECRUITMENT, TRAINING AND MANPOWER DEVELOPMENT

We also undertake training of finance department staff of companies wherein a time

bound program is set for training them to cope with the demands of present day

management.

Cost analysis and

materials management

Budgets and forecasts

Management

consultancy

Financial consultancy

Recruitment, training

and manpower

development

Investigations

Trusteeship

System study and

implementation

Complete accounting

function

Company formation

Feasibility, project

study and market

research

Guidance for

professional book

keeping


INVESTIGATIONS

Alleged fraud, -Valuation work for purchase of business, -share in partnership, -shares in

limited company; -Take over, mergers, amalgamation, and reconstruction.

TRUSTEESHIP

Acting in a fiduciary capacity as trustee, in accordance with the terms of trust deed, in

the exclusive interests of beneficiaries.

SYSTEM STUDY AND IMPLEMENTATION

A well-defined system documented is a must for every company. In this connection, we

undertake the system study, discuss it with the management, refine it if necessary

document it, implement it, monitor it and report to the management of any deviation

from the existing system. This procedure once settled down will ensure that the

company is on the right track and everybody in the organisation is aware of his

duties\and responsibilities.

COMPLETE ACCOUNTING FUNCTION

The service is meant for clients who do not have a well-organised Accounts department

or for companies, which are in their infancy.

The function here includes maintaining accounts for your company, suggesting financial

policies, planning cash flows, system study, and implementation, constant monitoring

and reporting of any variations.

COMPANY FORMATION

The Feasibility Study is analysed and scrutinised to familiarise with the nature of

business and suggestions are made.

Once this is approved by the Management, we start with the legal formalities of drafting

the Memorandum and Articles of Association, getting the Company incorporated with the

Registrar of Companies, Opening Bank account, obtaining the necessary licences

(Business, Trading, RDC etc.), Obtaining the Tin number, Patent and VAT etc.

FEASIBILITY, PROJECT STUDY AND MARKET RESEARCH

The Firm undertakes the feasibility study taking into consideration the nature of the

proposed business, the market, likely competition, changing the scenario etc. Extensive

market research and survey will be carried out and all factors will be taken into

consideration. The report will be based on facts and figures.


GUIDANCE FOR PROFESSIONAL BOOK KEEPING

The Accounts should be maintained in such a way that the Management is not involved

with the routine entries but is informed of any major deviations. The requirements of the

Management and of the Government are different. Books need to be maintained in a

manner that management information is readily available and at the same time Final

accounts for the Government and Management can be prepared from the same set of

books.

This calls for Cost Centre Accounting and financial Accounting and this need to be done

simultaneously. While our Firm is not interested in writing the Books of Accounts on an

ongoing basis, we can ensure that the existing staffs are trained to maintain the Books

in a professional manner. Adequate training and audit can be carried out to ensure that

the laid down policies are adhered to.

We study the finance department of the Company, the duties of each staff and will

suggest the optimum Finance department with a well-defined Organisation chart and

clearly demarcated authority, duties, and responsibilities and reporting pattern for each

member of staff. This exercise will immensely benefit the Company in evaluating staffing

levels required and so strengthen each function in the department.


Contact us:- Key Contacts:

*

N.R. Raghavan Nambiar

Managing Partner

[email protected]

Cell no: +250 (0) 788307654

Sasikumar R. Nambiar

Audit Partner

[email protected]

Cell no: +250 (0) 788300369

Tax Advisory:-

HABUMUREMYI VINCENT

Tax Consultant

[email protected]

Cell no: +250 (0) 788845740

Office Administration:-

LINEESH G MATTATHIL

Finance & Administrative Manager

[email protected]

Cell no: +250 (0) 788381245

IT Consulting:-

SHEREENA WILSON P

IT and Technical Advisor

[email protected]

Cell no: +250 (0) 788387866

Payroll Services:-

VIPIN RAJ

[email protected]

Cell no: +250 (0) 786658822

Address:-

Kigali, Rwanda (East Africa)

B.P. 4715

2nd Floor, Rwanda Foam Building,

Nabugogo Road,

Muhima, Kigali

Tel: +250 (0) 252504228

Cell: +250 (0) 788307654

Email: [email protected]

Website: www.nambiarassociates.com

Audit and Assurance:-

C. B. Keshav

Senior Audit Supervisor

[email protected]

Sunnykumar Mateti

Senior Audit Supervisor

[email protected]

VISHNU MAYA R. NAMBIAR

Audit Partner

[email protected]

Cell no: +250 (0) 788300368

mailto:[email protected]

Documents

Nambiar Associates › yahoo_site_admin › assets › ...Vishnu Maya R. Nambiar, ACCA (UK), CPA(R), CPA (K) She is an Audit partner in Nambiar Associates since 2005. She has qualified