MSE Professional Services 

 

  1. The principal focus of our work is in the audit of financial statements, financial management, internal control systems, internal audit, business information systems and tax advice to international companies. We also give training to our client's staff, principally to improve their accounting proficiency and tax knowledge. Additionally, we have experience in performing system audits to assess the capacity of undertakings, in terms of their ability to carry out their present and future functions, and development strategies to attain their objectives.
  2. We are familiar with Generally Accepted Accounting Principles (GAAP) and US Generally Accepted Auditing Standards (GAAS) as well as International Accounting and Auditing Standards (IFRS and IAS). For NGOs we also check compliance with the requirements of the Charities and Societies Agency's guidelines for NGOs, and NGO's contract documents for their projects.
  3. We are used to fulfilling the audit instructions from group auditors, so as to provide 'comfort' for them in respect of the Ethiopian element of group consolidated accounts.
  4. Besides the audit report, we write to management concerning audit findings and recommendations for suggested improvements in their internal control systems, compliance with policies, procedures and relevant regulations, guidelines, etc. We also issue both the audit report and the management letter in draft for discussion and comment by the appropriate level of the client's management before we issue final reports.

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New challenges, new attitudes

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The three most important attributes for mid-market leaders remain unaltered since Grant Thornton’s 2019 research into the future of leadership. Being adaptive to change (44%), innovative (43%), and collaborative across the business (29%) are the most highly valued skills for

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Hybrid working: the new normal

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With a large proportion of office-based workers abruptly transferred to a home working model due to COVID-19, businesses were forced to adapt. Once the pandemic abates, it is likely that some of these adaptations will persist,

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7 tips for getting in front of cash flow challenges

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1. Do a cash flow forecast
Businesses that haven’t faced a liquidity crunch can find it difficult to change their cash flow management. By moving to a receipts and payments basis and conducting daily forecasting and

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The meaning of life, tax and the digital universe

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In June, a panel of Grant Thornton tax partners from Singapore, India, Australia and Hong Kong came together in a webinar to decode some of the fundamental tax and accounting issues surrounding digital tokens.

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