Advisory Services

Our Consultants and Accountants have valuable expertise in market analysis, organisational design, operational performance improvement, performance measurement, risk management, project and change management; etc; both assisting Government, Corporate organisations and Others in improving business performance and financial results.

Our Advisory Services Function handles the Consulting and Financial Advisory matters of the Firm, which are organised along the following sections:

International Financial Reporting Standard (IFRS) Reviews and Implementation

Since the start of the IFRS adoption journey by Banks in The Gambia, The Firm has taken the leading role in both the transition route to the adoption of IFRS and the most recent, implementing the new IFRS 9 Standard for Banks.

Our team of experts for the Implementation of IFRS 9 comprises of experts with vast knowledge and experience in similar markets.

Services we are offering around IFRS include:

  • Transition to IFRS (for first time adoption )

  • Full implementation of the new IFRS 9

  • IFRS 9 Impact Assessment (including Training knowledge transfer, etc)

  • Annual refresher trainings on IFRS 9

Latest Tax Laws applicable for the Year of Assessment 2019 (Fiscal Policies).

Strategy & Operations

We provide an un-paralled mix of strategic and technical expertise in management consulting, as well as industry specific and functional applications.

Under this sub section, our team of Consultants and Accountants carry out assignments such as:

  • Financial Due Diligence
  • Feasibility Studies and development of Business Plans;
  • Company Valuation
  • Providing professional advisory services on business for sale, acquisition, merger or corporate restructuring;
  • Market Research and Investment feasibility studies for both local and international clients;
  • Development of Policies and Procedures Manuals (e.g. Accounting, Internal Audit, Internal Controls, and other Operational Manuals);
  • Preparation of Accounts (Financial Statements);
  • Accounting and Payroll Bureau Services (we handle the accounting transactions records and financial reporting and payroll processing for clients)
  • We also conduct Expenditure Verification Exercise (for various entities including donor funded projects, etc)

Information Technology

The major objectives of our Information Technology (IT) services is to enable businesses achieve their organizational goals with our proven methodologies, home-grown intellectual capital and best practices in the management and implementation of Information systems. It consists of two service areas: Enterprise Applications and Technology Integration.

We conduct:

  • IT Audits
  • Disaster Recovery Plans
  • Review of IT System
  • Corporate training on the Microsoft Office Applications (Word, Excel, PowerPoint)

We also implement, support and train on the following Software applications:

  • FinEx Accounting System for Businesses and other Not -for- Profit Organisations
  • FinExPP Financial Management System for Projects and Programmes
  • Asset Register for the Management of Fixed Assets
  • PayPro for Payroll processing

Human Capital Services

This Unit seeks to help organisations define structures and realise their Human Capital management strategies by focusing on the development and delivering of services that target their most important assets – employees. Services we carry out include:

  • Salary Surveys
  • Recruitment services on behalf of clients,
  • Staff Audit

The Advisory Services Team

This Function is headed by a Senior Manager who is supported by Senior Consultants, Consultants and Business Analysts. The team has worked with various donor funded projects (World Bank, IFAD, AfDB, IsDB, etc), Public Entities, NGOs, and Private Businesses and Individuals in the above mentioned services.