As an MSE client, you can access a full range of audit, tax and Assurance services, including:
• Tax planning
• Audit and assurance
• Private business
• Acquisition / divestiture support
• Financial advisory
• Financial reporting and accounting standards
• Enterprise risk management
MSE has built its reputation on premium business services in the fields of accounting, assurance, and tax advisory.
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.
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.
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.
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.
Seamless advice and services
- Key features of services to our clients are that we expect to "add value" and "offer solutions to problems" by including:
- Internal control memorandums - that are fully discussed with staff and management. Although they are essentially a spin-off from the audit of general purpose financial statements, most managements place great value on them as a source of encouragement to their staff to effect greater efficiencies and reduce costs.
- Quality assurance - arising from our well-known practice in the accountancy profession in Ethiopia of employing graduates who will, we expect, in three to five years qualify with us as members of the Association of Chartered Certified Accountants.
- Training for our qualified staff - as part of their Continuing Professional Development.
- Specialised systems audits - including review of the "value-for-money" delivery of internal audit sections, risk assessment, mitigation strategies etc.
Forensic investigations - including assistance in legal actions.