Every year, thousands of individuals, startups, small and medium-sized enterprises (SMEs), and even large corporations in Kenya are required by law to file their taxes with the Kenya Revenue Authority (KRA). This process, while routine, often proves to be more complicated than many anticipate. Kenya’s tax system is governed by [...]
Accounting is the backbone of any business, serving as the foundation for decision-making, compliance, and growth. For SMEs in Nairobi, proper accounting practices are not just about staying compliant with the Kenya Revenue Authority (KRA); they are also vital for attracting investors, securing loans, and ensuring sustainable growth. Despite its [...]
Small and medium-sized enterprises (SMEs) are the backbone of Kenya’s economy, contributing significantly to GDP and employment. According to the Kenya National Bureau of Statistics, SMEs account for over 30% of the national GDP and employ a majority of the working population. Despite their economic importance, many SMEs struggle with [...]
Running a small business in Kenya comes with many responsibilities—managing employees, attracting customers, and ensuring steady cash flow. Yet, one of the most overlooked but most critical areas for success is bookkeeping. Many small businesses in Nairobi, Mombasa, Kisumu, and across Kenya fail, not because their products or services are [...]
Payroll is one of the most critical functions in any business, but also one of the most complex. For small and growing businesses in Kenya, handling payroll in-house often comes with endless challenges: keeping up with ever-changing tax laws, processing statutory deductions like PAYE, NHIF, NSSF, and HELB, ensuring timely [...]
Let’s be honest — bookkeeping is not the most glamorous part of running a business. It doesn’t win awards, rarely gets the spotlight, and often ends up at the bottom of a business owner’s to-do list. But as we’ve seen time and again at Cheror Lagat and Associates, poor bookkeeping [...]
To most people, an audit sounds intimidating — something that happens behind closed doors, filled with paperwork, checklists, and people who speak in technical code. We get it. Statutory audits can seem cold, procedural, and even punitive. But at Cheror Lagat and Associates, we approach audits differently. An audit isn’t [...]
When most business owners think of an accountant, they imagine someone in a quiet office, hunched over a calculator, tallying numbers for tax returns or balancing spreadsheets at year-end. That view isn’t wrong — but it’s incomplete. At Cheror Lagat and Associates, we believe your accountant should be more than [...]