Accounting & Tax

Your private limited company has completed its financial year. Your bank requires audited accounts before renewing your credit facility. Your shareholders want independent assurance. The ROC requires annual audited financials on record.

Siyenro conducts a thorough statutory audit covering your full set of financial statements — balance sheet, income statement, cash flow, and notes — issuing an independent auditor's report that satisfies the Companies Act, IRD, and institutional requirements.

Your business is growing fast and you are no longer certain your financial controls are keeping pace. A procurement irregularity was flagged by a staff member. Your board's audit committee wants quarterly assurance on internal controls.

Siyenro's internal audit service provides a systematic, risk-based review of your operations, financial controls, and compliance environment — delivering a management letter with prioritised, actionable recommendations that your leadership team can actually implement.

You suspect a senior employee has been falsifying supplier invoices. A business partner dispute requires financial evidence. Your insurer has requested an independent investigation before settling a claim.

Siyenro's forensic audit team conducts discreet, rigorous investigations following the evidence wherever it leads — producing legally defensible findings suitable for disciplinary proceedings, litigation, or regulatory reporting.

An international donor requires an independent audit of project expenditure before releasing the next tranche of funds. A joint venture partner requires verification of a specific set of transactions. A prospective buyer wants an agreed-upon procedures engagement on key financial metrics.

Siyenro designs and executes special purpose audit engagements precisely calibrated to your specific requirement — issuing reports that meet the stated purpose and satisfy the relevant third party's requirements.

Your company has received a query from the Inland Revenue Department. You are planning a merger and need to verify the target's tax position. You want to proactively identify and resolve any tax exposure before the IRD does.

Siyenro conducts thorough tax audits covering corporate income tax, VAT, WHT, SSCL, and payroll taxes — identifying exposures, quantifying liabilities, and providing a clear remediation plan to bring your tax position into full compliance.

Your board wants an independent view of management effectiveness ahead of a strategic review. A new CEO needs an objective baseline assessment of the organisation's management maturity. Investors want assurance that management systems support the company's growth plans.

Siyenro's management audit examines your planning, organising, directing, and controlling functions — benchmarking them against best practice and delivering a structured report with recommendations that strengthen management effectiveness.

Your business is growing but cash flow is tight because invoices are going unpaid. You are not sure how much is actually owed to you or how long debts have been outstanding.

Siyenro records all sales invoices, tracks payment status, reconciles customer accounts, and produces ageing reports — giving you a clear, current picture of what is owed and enabling proactive follow-up.

Supplier invoices are piling up unrecorded, your cash flow forecasting is unreliable, and you have received a penalty notice from a supplier for a late payment you were not even aware of.

Siyenro records all supplier invoices, verifies them against purchase orders, manages payment scheduling, and reconciles supplier statements — ensuring you always know what you owe and when it is due.

Your accounts show a different cash balance to your bank statement and you cannot identify why. An employee with access to your accounts has been making unauthorised transactions. Your year-end audit is approaching and your books need to be clean.

Siyenro performs monthly bank reconciliations across all your accounts — identifying unrecorded transactions, timing differences, and any unexplained discrepancies that may indicate error or fraud.

Your accountant has left and the general ledger has not been maintained for months. You need to prepare financial statements urgently for a bank meeting but your books are not in order.

Siyenro maintains your general ledger continuously — posting journal entries, managing accruals and prepayments, and ensuring your accounts are always current, accurate, and ready for reporting.

Your financial year has ended and you need to prepare financial statements. Your external auditor has requested a trial balance. You want to verify the accuracy of your accounts before a board meeting.

Siyenro prepares a fully reconciled, clean trial balance at any point in the financial year — providing the accurate foundation from which financial statements, tax returns, and management reports are built.

You are making significant business decisions but have no current financial data to base them on. Your investor requires monthly financial reporting. You want to track performance against your annual budget.

Siyenro prepares a complete set of management accounts every month — including P&L analysis, balance sheet summary, cash flow statement, and variance commentary — giving your leadership team the financial intelligence to run your business with confidence.

Your financial year has ended and your corporate tax return is due within 8 months. You want to ensure you are not paying more tax than legally required. You have received a query from the IRD on your previous year's return.

Siyenro prepares and files your corporate income tax return accurately, identifies all available deductions and reliefs, and manages any IRD correspondence — ensuring full compliance while minimising your legitimate tax exposure.

Your business turnover has crossed the VAT registration threshold. You are filing VAT returns manually and are unsure whether your input tax claims are correct. You have received a VAT assessment from the IRD.

Siyenro manages your complete VAT compliance cycle — registration, monthly or quarterly return preparation, input tax reconciliation, and IRD liaison — ensuring every return is accurate and filed on time.

Your company pays significant service fees to contractors and consultants. You are unsure which payments attract WHT and at what rate. You have been notified of a WHT default by the IRD.

Siyenro identifies all WHT-applicable payments, calculates the correct deductions, prepares monthly remittance returns, and files your annual WHT reconciliation — eliminating the risk of penalties from missed or incorrect withholding.

Your business has grown past the SSCL threshold and you are unsure of your obligations. You are about to complete a share transfer or property transaction and need to know the stamp duty implications.

Siyenro calculates and files your SSCL returns quarterly, advises on stamp duty obligations for transactions, and ensures all levy payments are made on time — avoiding the penalties and interest charges that result from late or incorrect compliance.

You are restructuring your business and want to understand the tax implications. You are planning a significant capital investment and want to maximise available reliefs. Your effective tax rate feels higher than it should be.

Siyenro reviews your complete tax position and business structure, identifying all legitimate planning opportunities — from timing strategies and capital allowances to sector-specific reliefs and holding structure optimisation — saving your business money within the law.

You have received a tax assessment that you believe is incorrect. The IRD has initiated an audit of your company. You need to respond to an IRD query but are unsure of the implications.

Siyenro's tax team manages all IRD correspondence on your behalf — preparing technically robust responses, negotiating assessments, and representing your position through the Board of Review or appeal process where necessary.

Your company transacts regularly with related overseas entities. The IRD has raised a transfer pricing query on intercompany service fees. You are setting up a new group structure and need to establish compliant intercompany pricing.

Siyenro advises on transfer pricing policy design, prepares transfer pricing documentation, and supports your defence of pricing positions in IRD reviews — protecting your group from potentially significant additional tax assessments.

You are a director receiving salary and dividends and are unsure of your personal tax obligations. Your senior executive team needs their personal tax returns filed accurately and on time.

Siyenro prepares and files personal income tax returns for directors and key individuals, ensuring all income sources are correctly declared, all reliefs are claimed, and filings are made before the IRD deadline.

Your HR team is spending days every month calculating payroll manually. A payroll error resulted in employees being underpaid last month. You have just hired your first employees and need a reliable payroll system immediately.

Siyenro processes your complete monthly payroll — calculating gross salaries, all statutory deductions (EPF, ETF, PAYE), leave adjustments, overtime, and allowances — producing a final payment summary ready for bank transfer.

Your employees are requesting itemised payslips showing their deductions. You need to provide payslip documentation for an employee's visa or loan application. Your current payslips do not comply with the Wages Board requirements.

Siyenro generates professional, clearly formatted payslips for every employee every month — covering all earnings components, statutory deductions, and year-to-date summaries — delivered securely to each individual.

Your payroll has grown and you are unsure whether you are calculating PAYE correctly across different salary bands. You have received a notice from the IRD regarding your employer tax returns.

Siyenro calculates PAYE deductions accurately for every employee, prepares monthly employer tax returns, remits taxes to the IRD on time, and files the annual employer reconciliation — eliminating the risk of IRD penalties.

You have just hired your first employees and need to register for EPF immediately. Your monthly EPF contributions are overdue and you are facing a penalty. You are unsure of the correct contribution rates following a recent salary revision.

Siyenro registers your business for EPF and ETF, calculates contributions accurately each month, prepares contribution schedules, and remits payments on time — keeping your statutory obligations fully up to date.

You have no reliable system for tracking employee leave and overtime, leading to payroll disputes. An employee has questioned the calculation of their overtime payment. You need to produce leave records for a Department of Labour inspection.

Siyenro maintains accurate leave and overtime records, applies the correct statutory and contractual entitlements, and reflects all leave and overtime adjustments correctly in the monthly payroll calculation.

Your financial year has ended and your auditor requires a full payroll reconciliation. Employees need their annual earnings statements for personal income tax purposes. You need to file your annual employer return with the IRD.

Siyenro prepares complete year-end payroll documentation — annual employer tax returns, employee earnings summaries, PAYE reconciliation, and EPF/ETF annual returns — ensuring every year-end obligation is met accurately and on time.

You are hiring your first employee and need to register for EPF immediately. You have been operating without EPF registration and need to regularise your position. Your employee is seeking their EPF balance and you have not been making contributions.

Siyenro registers your business for EPF, calculates monthly contributions for every employee, prepares contribution schedules (Form C), and remits payments to the Central Bank by the statutory deadline — with zero risk of penalty.

You were unaware the ETF contribution is the employer's sole obligation. You have been incorrectly deducting ETF from employee salaries. Your ETF contributions have not been kept up to date.

Siyenro calculates and remits your ETF contributions monthly using your EPF number (no separate registration required), ensuring your employees' trust fund entitlements are protected and your compliance record is clean.

You have opened a new office and need to register with the Department of Labour. You are preparing for a Labour Department inspection and want to ensure compliance. A staff complaint has been filed with the Labour Department.

Siyenro manages your Department of Labour registration, ensures all required workplace notices are in place, and advises on compliance with the Shops & Offices Act — minimising your exposure to labour inspection findings.

A long-serving employee is leaving and you need to calculate their gratuity. Your auditor has asked for the gratuity provision in your financial statements. You have no idea of your total gratuity liability.

Siyenro calculates each employee's gratuity entitlement monthly, maintains a gratuity provision schedule for accounting purposes, and computes final gratuity payments accurately when employees leave — protecting you from disputes and surprises.

The Department of Labour has notified you of an inspection. An employment dispute has arisen and you need to produce historical attendance and salary records. Your company is being audited and the auditor requires employment records.

Siyenro maintains all mandatory employment records in the correct statutory format — ensuring you can produce clean, complete documentation for any Labour Department inspection, audit, or dispute proceeding.

Your financial year has ended and annual returns are due to multiple authorities simultaneously. You have been operating with temporary staff and are unsure of your annual return obligations. A prior-year return error needs to be corrected.

Siyenro prepares and files all annual employer returns across the IRD, Central Bank (EPF), and ETF Board — ensuring every reconciliation is accurate, every deadline is met, and any historical errors are corrected through the appropriate amendment process.

You have been caught out by a cash flow crisis despite being profitable on paper. Your bank is asking for a 12-month cash flow forecast. A new contract will strain your working capital significantly.

Siyenro builds and maintains a rolling 13-week and 12-month cash flow model, reviews it monthly with your team, and provides proactive recommendations to optimise working capital and avoid liquidity stress.

You are considering launching a new product line and need to model the financial impact. A potential acquisition requires financial analysis. Your board wants to stress-test the business plan against a downturn scenario.

Siyenro builds bespoke financial models tailored to your business, with clearly documented assumptions and scenario toggles — enabling your management team to make major decisions with financial clarity and confidence.

Your board meets monthly but receives no structured financial reporting. An investor is requesting quarterly financial updates. You have a board presentation next week and need professional financial materials.

Siyenro produces board-grade financial reporting packages — covering P&L performance, balance sheet review, cash flow analysis, KPI dashboard, and forward-looking commentary — ensuring your board has the information needed to govern effectively.

Your business has no annual budget and financial performance is measured only in retrospect. Last month's results came in significantly below expectations and management cannot explain why. Your investor requires a budget versus actuals report.

Siyenro facilitates your annual budget process, builds the budget model, and produces monthly variance analysis reports — giving your management team the financial control framework needed to steer the business towards its targets.

You are planning to raise equity investment and need to prepare for investor due diligence. A private equity firm has expressed interest and is requesting a data room. Your financial records are not in a state to withstand investor scrutiny.

Siyenro reviews and prepares your financial statements, builds an investor-grade financial model, designs the financial section of your investor deck, and prepares you for the financial questions investors will ask — maximising your fundraising success.

Your credit facility is up for renewal and your bank is requesting updated financial projections. You are applying for a new term loan to fund expansion. Your banker has raised concerns about your financial reporting quality.

Siyenro prepares all financial documentation required by your banking institutions — including management accounts, projections, facility applications, and covenant compliance reports — and supports you in presenting your business's financial case convincingly.

Management has no agreed set of metrics to measure business performance. You have a board meeting approaching and want to present performance data clearly. Different departments are reporting different numbers for the same metrics.

Siyenro works with your leadership team to define the right KPIs for your business, builds a clear visual dashboard, and reviews performance against targets monthly — creating the measurement culture that drives accountability and growth.

You are considering a major strategic decision and want a senior financial perspective before committing. You need a thought partner to challenge your business plan before presenting it to your board. A complex financial issue has arisen that your accountant is not equipped to advise on.

Siyenro's Virtual CFO acts as your on-call strategic financial partner — attending key meetings, reviewing major decisions, and providing the experienced financial perspective that helps your business navigate complexity and capture opportunity.