Frequently Asked Questions (FAQ)
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What industries does Nyada & Company LLP specialize in?
We serve a highly diverse clientele across multiple sectors, including banking and financial services, manufacturing, retail and distribution, tech startups, healthcare, non-governmental organizations (NGOs), and government/public sector entities. Our multi-disciplinary team allows us to cross-pollinate best practices from different industries to solve your specific challenges.
Why does my company need an independent audit if we already have an internal finance team?
An internal finance team manages daily operations and records history, but an independent audit provides external validation that commands trust from lenders, investors, and regulatory bodies. Furthermore, our audit methodology goes beyond standard checking; we identify systemic operational bottlenecks and internal control deficiencies, turning a routine compliance obligation into a value-generating strategic review.
What is the difference between your Internal Audit and Forensic Investigation services?
Internal Audit is a proactive, continuous function focused on evaluating governance, risk management, and internal controls to prevent future issues and improve efficiency.
Forensic Investigation is an intensive, reactive process triggered when there is a specific suspicion or allegation of fraud, financial misconduct, or asset misappropriation. It focuses on gathering legally defensible evidence to determine what happened, trace the funds, and support legal recovery or prosecution.
Our business is undergoing digital transformation. How can your IT Consulting and IT Assurance teams help us?
Our IT Consulting team works as a vendor-neutral advisor to help you plan your technology roadmap, evaluate ERP systems, and transition cleanly to secure cloud architectures. Once your systems are running, our IT Assurance & Analytics team steps in to test your IT General Controls (ITGCs), validate data integrity, protect privacy compliance, and use advanced data mining to identify operational cost leakages.
How secure is our corporate data when we outsource processes to Nyada & Company LLP?
Data security is baked into our operational model. We employ institutional-grade encryption for data at rest and in transit, maintain strict access controls, and conform explicitly to local and international data protection laws (such as GDPR and local Data Protection Acts). Your confidential payroll, financial, and strategic data is restricted strictly to assigned personnel on a need-to-know basis.
How proactive is your Tax Consulting team regarding changing fiscal legislation?
We don’t wait for tax deadlines to start thinking about your liabilities. Our tax specialists continuously monitor legislative updates and revenue authority directives. We actively advise our clients on how shifting tax bands, new indirect taxes, or international transfer pricing guidelines will impact their commercial transactions before those transactions are executed, completely eliminating structural penalties.
We are facing severe operational distress. At what point should we contact your Corporate Recovery team?
The single biggest mistake struggling firms make is waiting too long to ask for help. You should reach out the moment your operating cash flow becomes consistently negative, or when debt servicing begins to compromise your daily supplier relationships. Early intervention allows our team a wider array of options—such as informal debt renegotiation, operational turnaround planning, and structured asset protection—before drastic legal insolvency routes become unavoidable.
Can Nyada & Company LLP handle our routine statutory obligations under the Companies Act?
Yes. Our Company Secretarial division handles everything required to keep your company in perfect legal standing. This includes smooth company setup and registration, managing directorship and share transfer modifications, keeping your statutory registers updated, and coordinating legally compliant board and Annual General Meetings (AGMs).
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Our team of experienced professionals is committed to delivering practical, innovative, and results-driven solutions that strengthen your business and create long-term value.
About Us
Nyada & Company LLP is a trusted Audit, Tax, Consulting, Risk Management, and Financial Advisory firm delivering innovative solutions that drive growth, strengthen governance, and create lasting value.
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Head Office
View Park Towers; 12th Floor; Utalii Lane. P. O. Box 35773-00200; Nairobi, Kenya.
Days Open
Monday – Friday | 8:00 am – 5:00 pm