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TAY Consulting

  • Risk Management function:- we assist companies to strategically identify, analyze and monitor potential risks to their business operation. We also evaluate fraud risk factors at business unit and significant account level; determine if controls exist to mitigate and are effective.

  • Training: we provide training on accounting, auditing and other special topics which will address the need of our clients. Our professional staffs have the required technical skills an ample experience to properly manage the training topic.

  • Accounting: we provide accounting services to our clients and provide interim and annual financial reports to management and third parties for decision purpose. The exercise involves the design of a chart of account appropriate for the business environment.

  • Design and installation of accounting systems: we make a thorough study of the business operation of companies and design an appropriate accounting system. We advise client to select appropriate accounting software and involve in the implementation task. We also provide initial and subsequent on-job training to the finance people until the system is proved to be working

  • Payroll service :- we provide payroll service to companies with local and expat staff. Our service includes preparation of payroll summary, pay slips and settlement of net pay to individual employee's bank account, settlement of tax liabilities to tax authority and settlement of funds to provident fund and pension schemes.

  • Tax advises: our tax advisers have in depth knowledge of the Ethiopian tax law and regulations. In this connection we provide tax advises to internationals assignees that will come to Ethiopia for short or long term duration.

  • Salary survey and review of organizational structure: we are in the world where things are changing dynamically within short period of time. Salary scale which have been developed to use for a number of years may require revision after a year. Our experts who have ample experience in the field help companies by conducting salary survey and review of organizational structure.

  • Company formation: we provide company incorporation services to those who establish as local company or as a branch of an international company.

  • Compilation of finance and operational manuals:- we develop financial, procurement and administrative manual which considers the business environment of the individual companies.

  • Outsourcing: we assist companies to concentrate on their core activities and to outsource other non-core activities. Such exercise helps them to exploit competitive advantage. In this connection we give outsourcing service in areas including but not limited to data processing, recruitment, procurement, financial accounting, and payroll services.
  • System review: we provide review of different system used by organizations with the view to identify weaknesses and make recommendations.