Compilation Services in Kenya

Clear, Organized Financial Statements for Smarter Decisions

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Why Choose Our Compilation Services?

In today’s fast-paced business environment, accurate and well-structured financial statements are essential for informed decision-making and staying compliant with financial regulations.

 

Our compilation services in Kenya are designed for businesses that need professional financial reports without the cost or complexity of an audit or review engagement.

 

At Mugo & Company, we take your raw financial data and transform it into clear, standardized financial statements in line with applicable accounting standards, such as IFRS, GAAP, or local Kenyan regulations.

 

 While we do not provide assurance or express an opinion on the data, we ensure your information is well-presented, accurate in format, and ready for stakeholders, investors, or regulatory filings.

 

We work with MSMEs, startups, NGOs, and established enterprises to prepare financial reports that support strategic growth, funding applications, and business transparency.

Our Compilation Process

We follow a structured and efficient approach to deliver polished financial statements:

 

  1. Financial Data Collection – We gather your financial records, transactions, and supporting documents.
  2. Data Structuring & Organization – We format your financial data into balance sheets, income statements, and cash flow reports.
  3. Application of Accounting Standards – Compliance with IFRS, GAAP, and Kenyan financial reporting requirements.
  4. Financial Statement Review – We refine your statements for clarity, consistency, and professional presentation.
  5. Final Report Preparation – We deliver ready-to-use reports for management, stakeholders, or regulators.
  6. Client Review & Adjustments – You review the draft and request adjustments to ensure full accuracy.

Not sure if you need a compilation, review, or a full audit?

Explore our Assurance Services in Kenya to compare your options.

Or dive straight into our Audit Services or Review Engagement Services to see which level of assurance is the best fit for your business.

Explore All Assurance Services

Why Businesses Choose Mugo & Company for Compilation Services

That enhance credibility and transparency.

A budget-friendly alternative to an audit or review engagement.

With IFRS, GAAP, and local standards.

That support loan applications, investor pitches, and strategic decisions.

For better decision-making and growth strategies.

Important Disclaimer

A compilation engagement does not provide assurance on financial statements. We prepare reports based solely on the information provided by management and do not verify the accuracy or completeness of the data.

What Is the Difference Between Compilation, Review, and Audit Services in Kenya?

Feature / Aspect Compilation Services Review Engagement Audit Services
Purpose
To present financial information in a format that is easy to understand, based on information provided by management, without verifying its accuracy.
To provide limited assurance that financial statements are free from material misstatement.
To provide high (reasonable) assurance that financial statements are accurate and compliant with applicable standards
Level of Assurance
None – purely based on client’s data.
Limited assurance through inquiry and analytical procedures.
High (reasonable) assurance through detailed testing and verification.
Procedures Performed
Organizing and formatting financial data; no verification.
Inquiries of management, analytical review, and some limited checks.
Full examination of financial records, internal controls, and substantive testing.
Use Case
Internal purposes, management planning, or when assurance is not required.
For stakeholders who need moderate confidence in the financial statements (e.g., investors, lenders).
For compliance, statutory requirements, or high-stakes decision-making.
Cost & Time
Lowest cost and fastest turnaround.
Moderate cost and time.
Highest cost and longest duration due to extensive procedures.
Regulatory Requirement
Not usually required by law.
Sometimes required by stakeholders or contracts.
Often required by regulators, lenders, or shareholders.

Need Clean, Presentation-Ready Financials?

Request your free Compilation Quote today and receive your tailored proposal within 48 hours.

Get My Compilation Quote in 48 Hours
FAQs: We answer the most common questions Kenyan businesses ask about audit and assurance services and accounting services.
We answer the most common questions Kenyan businesses ask about audit and assurance services and accounting services.

FAQs

Common Questions About Our Compilation services

Unlike audits and reviews, compilations do not involve testing, verification, or analytical procedures. They offer no assurance but still help present your financial information in accordance with accounting standards.

No. We rely entirely on the information you provide. Our role is to format and present it clearly, without verifying its accuracy or completeness.

Compilations are generally quicker than audits or reviews—usually completed within a few days to two weeks, depending on the volume and quality of records provided.

Some lenders or grant organizations may accept compilations, especially for small loans or early-stage businesses—but it’s always best to confirm with them first.

Mugo & Company providing audit and assurance services in Kenya

Let’s Get Started

Looking for expertly compiled financial statements that enhance financial clarity and compliance?

 

Contact Mugo & Company today for reliable, efficient, and customized compilation services.

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