It is a statutory requirement under the Tanzania Companies Act for companies to produce audited financial reports on an annual basis. Audited financial statements are also required for the purpose of tax reporting to the Tanzania Revenue Authority.
Etumbi & Company utilizes the best practice in auditing starting with reviews and comments on internal control systems to various substantive tests to ensure an appropriate audit opinion is reached together with a separate management report with detailed recommendations on areas that require management attention.
In addition to statutory financial audits, our audit service line also provides forensic audits or accounting investigations, financial due diligence and other financial related compliances.