Accounting, Compliance & Payroll

IFRS-Aligned Accounting and Payroll Compliance

Accounting in Kenya is no longer a back-office function. With increased KRA enforcement, frequent regulatory changes, and rising stakeholder expectations, poorly controlled financial records create real commercial and legal risk.

At Baker Tilly Merali’s, we provide structured accounting and payroll services for businesses that require accuracy, consistency, and defensible compliance. Our approach goes beyond transactional bookkeeping to establish accounting systems that support audits, tax reviews, management decisions, and regional growth.

People-centered support

We provide practical and actionable accounting solutions.

Contact the team

Our Accounting & Payroll Capabilities

Whether you’re starting a new business, managing growth, or looking to streamline your financial operations, Baker Tilly is here to help.

We maintain IFRS-aligned accounting records supported by disciplined monthly processes, including reconciliations, review schedules, and documented working papers.

What this delivers

  • Clean year-end financials
  • Reduced audit friction and cost
  • Clear, traceable records for regulators, banks, and shareholders

Kenyan payroll combines PAYE, NSSF, NHIF, Housing Levy, and employment law requirements. Errors are costly and highly visible to regulators.

We manage payroll processing with structured controls, approvals, and statutory reconciliations to reduce compliance risk and administrative burden.

What this delivers

  • Timely, accurate payroll processing
  • Proper statutory filings and documentation
  • Reduced exposure to penalties, interest, and employee disputes

Accounting and tax failures usually originate at the transaction-coding stage. We design charts of accounts and review processes with VAT, corporate tax, and withholding implications in mind.

What this delivers

  • Fewer discrepancies during KRA iTax reconciliations
  • Early visibility of tax exposures
  • Accounting records that support defensible tax positions

Statutory compliance alone does not run a business. We provide structured monthly management reports focused on performance, liquidity, and forward planning.

What this delivers

  • Cash flow visibility
  • Margin and cost analysis
  • Reliable information for management and board decisions

Key contacts

Rishi Bhandari

Partner – Private Sector

Stephen Mutunga, CPA (K)

Manager - BPO

FAQ

Frequently Asked Questions (KRA & Compliance)

Yes. KRA does not require accounting to be performed in-house. What matters is that records are accurate, complete, and supported by proper documentation. Our services are designed to meet these requirements.

We prepare accounting records with audit and review readiness in mind. While outcomes depend on facts and circumstances, well-maintained records significantly reduce disruption and risk during KRA engagements.

Yes. Our accounting processes are aligned to VAT and corporate tax reporting requirements, which simplifies iTax reconciliations and reduces discrepancies.

Yes. We regularly support subsidiaries that must comply with Kenyan statutory requirements while meeting group reporting standards under IFRS.

Through structured payroll processes, statutory reconciliations, documented approvals, and timely filings. While no system eliminates risk entirely, disciplined controls materially reduce exposure.

Request an accounting and payroll compliance review

If your business requires accounting and payroll services that stand up to regulatory scrutiny and support informed decision-making, speak to our team.

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