Exclusive IR Global advisor for Audit & Assurance Services and Tax (Accountants) in Kenya since 2017

Zulfiquarali Aboo. FCCA and CPA (K)

+254 722 329339

INTRODUCTION

AAC Kenya is an independent Accountancy and Audit Practice, providing a myriad of services on all aspects of the profession. It was formed in 1980; Abdulwahid Aboo & Company had humble beginnings. In October, 2009, the company under the name AAC Kenya acquired two partners; Saima Mohamed Amin Bagha and Zulfiquarali S Aboo; both ACCA qualified and members of the institute.

Our mission is to provide superior professional, cost effective services wherever and whenever needed fully to their clients while optimizing the potential of their staff and their vision to be one of the top accountancy firm in Eastern Africa while uploading our quality and professionalism standards. Being aware of the importance of implementation to the success of an assignment, we provide continuing support through secondments and follow-up visits, in such areas as systems development and staff training.

MISSION

Our mission is to provide superior professional, cost-effective services wherever and whenever needed fully to our clients while optimizing the potential of our staff.

VISION

To be one of the top accountancy firms in Eastern Africa while upholding our quality and professionalism

Our Office Network

The firm is headquartered in Mombasa, Kenya, with a total staff force of around 40, with branches in Nairobi, Malindi and Lamu

How We Work

We discuss client needs and objectives with the management free of charge and without any obligation on part of management. We prepare a comprehensive proposal which specifies the work to be undertaken, the qualifications and experience our team and the budgeted cost of undertaking the assignment.

We break-down our work into well defined and manageable stages. This ensures that client management can monitor our progress and control the cost effectiveness of our work throughout the assignment.

We are aware of the importance of implementation to the success of any assignment. We provide continuing support through secondments and follow-up visits, in such areas as systems development and staff training.

Structure

We have structured our practice to provide our clients with the most efficient services and to achieve the most effective results. With branches in Mombasa, Malindi, Nairobi, and Lamu ,we manage to provide timely and effective services to our clients spread over a wide geographical area.

Our experienced professionals specialize in their respective areas. We also understand the importance of early completion of the audit and reporting requirements. Issue of management and internal control letters indicating any weaknesses noted in our clients internal control or accounting systems is done, and suggestions offered to improve operations where possible. Our services are designed to look after client interest position, business and protect their wealth.

Personnel

PARTNERS

Mr. Zulfiquarali Aboo . FCCA, CPA (K)

He completed ACCA in 2003 and became a CPA in 2004. He joined the firm in October 2003.as manager of our Malindi Office

Attained partnership in August 2009. He handles the tax authorities and is very well versed with tax matters also.

Mrs. Saima Amin Bagha. FCCA, CPA (K), CPS

She completed ACCA in 2001 and joined AAC Kenya and moved on to complete CPA and CPS. She started the AAC Kenya Nairobi branch in August 2005.

Later on in February 2008 got married and left for USA where she joined a Russell Bedford group firm in Houston also sat for the American CPA.

SENIOR CONSULTANT

Mr. Abdulwahid Aboo. FCCA, FCPA (K), FCS (K), ICPAR, ICPAU, NBAA

He was the founder of the firm. Retired in 2015 and now serves the firm in a consultancy capacity. He has been in the audit and tax consultancy field for more than 40 years. Has been a council member of ICAPK ( Institute of Certified Public Accountants of Kenya) for the last 10 years, and has served on various committees and board across East Africa. He is highly adaptable, motivated and conversant with International financial regulation changes and amendments.

Mrs. Shahida Elyas. FCCA, CPA (K)

She is the consulting manager for our Nairobi office; very versatile and highly professional. She can handle budgets very well. Joined the firm in September 2003 as an audit junior and has proven to be able to work under pressure.

Mrs. Rizwana Kadernani. ACCA, CPA (K), ICPAR, BSc IT

Audit Manager at the Mombasa office, she joined us in June 2009. She handles external audits and supervises the work of juniors and administration of the junior and senior staff.

Mrs. Sophyline Makau. CPA (K) , B Com (Ongoing)

Started as an audit senior at Abdulwahid Aboo & Company and now Audit Manager of the Nairobi branch at AAC Kenya. She has vast experience in the internal audit sector during her span of work time at Young Christian Association.

Mr. Luke Ebrahim Ayaga

Currently working at AAC Kenya as the Tax Manager, handling tax issues and queries, liaison with KRA, Training and interpretation of the VAT and Income Tax Act.

Mr. Nawaz Jin

Joined in 2009 as an Audit Manager at our Malindi branch offices. He is ACCA qualified. He has proven to be hardworking and diligent. He also liaises with KRA.

Expertise and experience, around the world

We joined Russell Bedford International in September 2005 and left in December 2015 to join SNG Africa and now IR Global. We specialize in helping companies meet the challenges that international business expansion presents. Since 1983, our worldwide network of accountancy firms has provided financial expertise and business consultancy to companies within many different markets and industries.

International Membership

Business without boundaries

The commercial expertise we offer is complemented by a thorough understanding of the local business environment. A process such as registering a new company may, for instance, be perfectly straightforward in one country, but complex and time consuming in another. This combination of the technical and the practical enables Russell Bedford International to help businesses move smoothly and successfully into the global marketplace.

With member firms operating all over the world, the service RBI offer is truly global. But there's more to it than geography. Our members are well-established with excellent reputations, and you can be confident of exceptionally high professional standards across the world. We are also well placed to arrange introductions to other professionals whose skills and resources are complementary, such as lawyers or bankers. It's one to one - and that's the difference.

Clientele

AAC Kenya’s client portfolio is wide and diverse and ranges from sole proprietors and partnerships to local industries like:

•EPZs - Soko (EPZ) Kenya Ltd;

•Transport- Motrex limited

•Hotels – Coral Key, Malindi;

•Clubs – Malindi Golf Club

•Manufacturing – Goshrani Printers Limited

•Insurance brokerage- Aboo Insurance Brokers Ltd

•Charitable Trusts and Foundations- Saviour Charitable Trust

We also have special ones like community institutions, NGOs, AID agencies, financial institutions, specific funds; including staff benefit schemes and schools. We also do presentations to Board of Trustees and Board of Governors on financial matters at the annual meetings. As for NGOs, which depend on a good amount on donor funding, we do give certain complementary services. As a contribution to humanity.

Publications

The business relationship that our firm has with its clients and the services we provide to them are a form of informing them about any new developments in their respective industries and also in the country’s economy. Apart from this, we also try and communicate as often as possible by publishing budget summaries and tax guides, and also holding seminars for their education and awareness.

Information Technology - Computerization

AAC Kenya also has resources to advise our clients on information technology matters regarding our business systems and operations. As all their accounting and audit work is done using computerized systems, high volume of work with relative accuracy is generated. AAC Kenya has over time also developed our own in-house excel templates for ease of financial statements generation.

FCPA Aboo’s Work Profile at a Glance

Abduwahid Aboo is Auditor and recently retired Partner of AAC Kenya; a firm affiliated to Russell Bedford International (UK). If truth be told, his accomplishments are quite simply countless and priceless. There are however , some very notable achievements, you must take in hand if you want to explore his remarkable life with some modicum of success.

He is presently a member of the International Federation of Accountants Committee for Small and Medium Enterprises (IFAC), former council member for the Institute of Certified Public Accountants of Kenya (ICPAK), member of the Institute of Certified Public Accountants of Rwanda (ICPAR), and of the National Board of Associated Accountants in Tanzania (NBAA) and also a member of the Institute of Certified Public Accountants of Uganda (ICPAU) , and is an FCCA being at present on the Global Forum (Committee) for Audit and Governance.

He was a member of National Council at the Institute of Certified Secretaries of Kenya (ICPSK) for 3 years. He was also Vice-Chairrman of Institute of Certified Public Accountants of Kenya (ICPAK), a regular member of the technical sub-committees, Chairman of the Coast Branch Committee of CPA for 2 years and Committee member for 11 years. Aboo has served as Chairman of the Coast Branch of ICPSK, an also ACCA Coast.

He has also had social work experience acting as Chairman of Mombasa Round Table No. 3, Association of Round table East Africa and NasserPuria Memon Jamat (a community of over 6000 members worldwide). He is currently a Trustee of the NasserPuria Memon jamat.

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He qualified as ACCA in 2003 and CPA(K) in 2005. He is currently the Partner for AAC Kenya. He is able to work under pressure, handling of the tax authorities and very well versed in tax matters also. Conducts audits professionally and also reviews the work of other staff and advises them accordingly. He joined the firm in October 2003.

EDUCATION

K.C.P.E.: Mombasa Primary School

K.C.S.E.: Allidina Visram High School ( Grade B‾ )

Certified Public Accountants Kenya Part I: Kenya Accounts & Secretaries Examinations board (Kasneb, Nairobi)

Civil Engineering: NED University in Karachi

Association of Chartered Certified Accountants (ACCA): Memon College

Certified Public Accountants Kenya: Kenya Accounts & Secretaries Examinations board (Kasneb, Nairobi)

PROFESSIONAL QUALIFICATION

FCCA

CPA(K)

CPA (K)

PROFESSIONAL EXPERIENCE

AAC Kenya (Certified Public Accountants) Partner (2009-to date)
 Review of Financial Statements
 Signing of financial statements
 Administration of staff and clients

AAC Kenya (Certified Public Accountants) Manager at Malindi Office (2003-2009)

 Audit of small and medium sized organisation
 Preparation and analysis of financial statements
 Accounting services provided to various clients in diverse business sectors.
 Work plans and job scheduling

Devani Devani & Co (Certified Public Accountants) Audit assistant (2001-2003)

 Audit of small and medium sized enterprises.
 Substantive tests and internal control checks of various organisations.
 Analysis of financial data.
 Cashflow forecasting budget analysis.