An entity seeking to be listed in the securities exchange(s) requires an independent verification of its financial position to determine suitability for listing.
Reporting accountants carry out the due diligence on the financial position and a report is given to a nominated transaction advisor. This helps the entity seeking the listing to prepare for its IPO, identify the reporting requirements and support the move from private to publicly listed.
A&A’s accounting team has a wealth of experience as reporting accountants in Kenya. Our Managing Partner, during his time with Ernst and Young was part of the privatization exercise for the national carrier Kenya Airways, where Ernst & Young were the Reporting Accountants.