KPMG's Accounting Advisory Services offer a complete portfolio of professional knowledge and experience designed to help our clients businesses perform better.

Our Accounting Advisory Services professionals:

• Provide diagnostics and recommend changes in the design and implementation of internal control procedures
• Establish accounting systems
• Provide accounting and payroll processing and all relevant tax reporting
• Provide accounting technical assistance to the company’s accounting team
• Provide pre-audit services.

Diagnostic and recommend changes in the design and implementation of internal control procedures:

These services include the following:

• Documentation of the client’s accounting and internal control procedures
• Evaluation of documented internal control procedures
• Recommendation and improvements in case of weaknesses
• Design internal control procedures

Implement the recommendations (new procedures or internal controls).

Establish accounting systems

Our services for establishment of accounting systems include the following:
• Preparation of internal control procedures manual and their implementation
• Preparation of charts of accounts, according to the company’s needs
• Assistance to clients in procuring and configuring accounting software
• Training client staff in operating accounting software

Accounts and payroll processing and all relevant tax reporting

When clients want to minimize costs, maximize profit and save time and money spent on the purchase of computers and accounting packages, they may benefit from accounting outsourcing services, where they review reports for management purposes and all statutory reporting returns, on a timely basis. These services consist of the following:

• Processing the client accounts on monthly basis, including classification of transactions, input of the data and, reconciliation of accounts
• Preparation of management reports
• Preparation of monthly tax reporting, including VAT, PAYE (IRPS) and Social Security returns and updating on a monthly basis of the statutory books and/or submission of these returns to the relevant authorities
• Preparation of year-end corporate tax return
• Assist the company's tax auditors in their audits, if any.

Provide pre-audit services

Companies or Non-Governmental Organizations may need to ensure that the accounts have been correctly processed in all significant respects, according to leading practices or Angola requirements, prior to their submission to auditors. Our Accounting Advisory Services team offers specialized pre-audit services such as:

• Review of accounts to determine whether the transactions have or have not been effectuated according to approved, procurement, payment, and accounting, internal control procedures amon others
• Communicate weaknesses, offer recommendations on required improvements and support their implementation
• Perform reconciliation’s of accounts and suggest adjustments and/or reclassifications required, if any
• Assist and/or prepare the reports required for audit purposes.