by Auditor | Dec 15, 2025 | Aura & Company Audit Firm
Under the Tax Procedures Act, 2015 (TPA), a taxpayer may apply to KRA for a private ruling. A private ruling is a written determination that explains how tax law applies to a specific transaction or set of facts. To obtain a valid ruling, the taxpayer must submit a...
by Auditor | Dec 15, 2025 | Aura & Company Audit Firm
As the year draws to a close, businesses across Kenya and beyond face a critical but often overlooked task: year-end tax planning. Proper tax planning goes beyond compliance; rather, it is a strategic process that helps businesses optimize tax liabilities, maximize...
by Auditor | Dec 9, 2025 | Audit
Petrol stations in Kenya are complex, high-risk, cash-intensive operations. With multiple revenue streams, high-value inventory, daily fuel movements, and extensive staff interaction, these businesses face significant exposure to financial leakages, procurement gaps,...
by Auditor | Dec 4, 2025 | Audit
December is the make-or-break month for hotels in Kenya. Revenue spikes, but so does fraud. In December: Occupancy is high, making room fraud easy Cash volumes increase Staff work longer shifts, increasing control fatigue Events are many, giving room for unrecorded...
by Auditor | Dec 2, 2025 | Audit
Key Insights for Accountants, Internal Auditors & Business Owners Pharmacies are some of the most vulnerable retail businesses in Kenya. Drugs expire, stock disappears quietly, prices are easily manipulated, and supplier fraud can drain margins without detection....
