What We Do
At Kisa & Associates, we aim to strengthen the financial management of our client
organizations. Working together with clients as Development Partners and Strategic
Business Partners, we improve financial planning & control, management reporting, and
develop finance & accounting staff.
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Our Finance Services include the following:
• Review and implementation of management control systems
• Assist in preparation of budgets and implementation of budgetary control systems
• Improve organizations’ internal management reporting and performance reporting
• Evaluate financial systems and devise more efficient ways of doing things such as
improving accounting procedures and internal controls
• Review cost accounting systems
• Advise on financial implications of projects
• Recommend restructuring and re-organization for transformation of the finance function
• Capacity building by providing on-the-job Training and development of key staff in the
finance & accounting function
• Perform financial due diligence, and, Management audits
• Prepare financial forecasts
• Assist business organizations and not-for-profit making entities in their financial reporting
to regulatory bodies and donor organization
Sustainability and the concept of Sustainable Development is about creating a balance between resource consumption and reproduction. The United Nations’ Brundland Report defines Sustainable Development as “… development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.
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Business Sustainability is about managing the triple bottom line – a process by which firms manage their Financial, Social, Environmental risks & opportunities. Business Sustainability requires firms to adhere to the principles of Sustainable Development and address important issues such as:- Our aim is to offer services in the development of enterprises’ Sustainability Strategy, and embedding sustainability into the Enterprise overall strategy and business models so that sustainability is treated holistically Our Sustainability Consulting services include:
Our Human Resource advisory service is focused towards creating HR strategies in line with business needs. We specialize in facilitating the process of building and managing a work environment that ensures disciplined performance and sustainable growth. Using the market as benchmark we examine firm structure, recruiting methods, performance management, training, compensation and benefits, employee relations, HR policies & procedures, and communication processes.
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We advise in the Human Capital Management area, with special consideration for the company’s future, its strategic goals and specific business challenges. We advise Clients from different sectors how to manage the company’s most valuable asset – Human Capital. Our capabilities and services focus on key areas of enterprise development:
Expenditure verification engagements have as their goal to report to the provider of funds (donor) if the beneficiaries use the funds received in accordance with the schedule or the agreement.
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Due Diligence and Expenditure Verification is used to assess the integrity of the Grantees’ operational structures, systems, policies and processes, and if these are sufficient to assure effective management and value for money for grant expenditure. At minimum, the DDEV would consider: Kisa & Associates is available to help clients conduct the DDEVs. The value or benefit to the client is:
Several grant awarding agencies conduct a pre-award risk assessment before extending grants to prospective grant applicants. Pre-award risk assessments are intended to assess the ability of the applicant to manage an award. Their previous award management practices, reporting history, and the processes and systems they have in place to manage funding are evaluated, and a risk level is assigned. Essentially, these assessments can be used as a way for funders to make an even more-informed decision about awarding. Pre-award risk assessments can also be used to place specific conditions on a higher risk applicant who is still spearheading a project or initiative that the funder finds value in. Overall, mitigating risk is part of the grantor’s effort to avoid fraud, waste, or abuse of funds, and it is an essential practice for grant makers.
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At Kisa & Associates, we assist funders to conduct pre-grant Award Risk Assessments, by examining the following grantee areas:
Our internal audit methodology integrates strategic, financial, operational, information
technology and compliance audits with the technologies that support them. This approach reflects our clients’ views of IT in their businesses—the view that technology is a tool or enabler for a business process. Our control- and process-focused methodology is the bedrock principle for our internal audit processes
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We have developed an internal audit integration with a dual focus: on the business process
to be audited, and on the technology supporting the process. We consider the existing
controls that manage these processes and help mitigate the associated risks—with an appreciation of the nature of the controls (manual or automated).
The benefits of the coordinated audit are clear. We link our understanding of IT elements and their related risks to the business strategies, objectives, and processes they support. By helping to minimize IT-related risks related to financial and operational processes, we provide
our clients’ executives with the analysis or testing results so they can conclude whether
their systems are working as expected, and we provide insight and recommendations for improvements.
Kisa & Associates’ core internal audit methodology is composed of seven modules that fall
broadly under the umbrella of Engagement Management, Planning and Execution. These
modules include IT involvement as appropriate. Each team implements the methodology
based on our direct experience in performing similar projects for many diverse clients and
specific industry requirements. We have found that detailing tasks of the work plan in this manner provides a clear understanding of the different steps of the project plan
We work with you to achieve functional procurement and supply management policy frameworks, effective procurement planning, accountable and transparent procurement processes, transparent contracting, cost effective and efficient freight and customs clearance, proper and adequate storage facilities, a robust and effectively controlled distribution system to ensure end user access as well as rational use of goods and services procured
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Our services include:
• Preparation of procurement operating and procedures manuals
• Procurement Technical Assistance
• Procurement and Value for money audits
• Supply Chain Transformation/Re-engineering
• Training and Capacity Building
• Procurement Agency Services
Our interest in M&E is founded on the belief in accountability – accountability to community and accountability to self. We believe that the collection, reporting and dissemination of quality information, in an open and transparent manner, is necessary to strengthen technical and financial operations, resulting in the attainment of program and national development goals and objectives
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At Kisa & Associates, we develop and support policy and strategic M&E interventions, and conduct routine monitoring and evaluation activities at national, sub-program and program level.
Several Development Partners benefit from our support where we oversee the implementation of M&E strengthening Interventions, verifying key results at output, outcome and impact levels.
Our M&E Services include the following:
• Development of M&E systems including development of the M&E operating frameworks, Standard Operating Procedures (SOPs), data collection and reporting tools and other requirements necessary to operationalize the M&E system such as indicator protocols
customized for different user levels;
• Development of M&E strategic and planning documents including M&E Plans, LogFrames and Performance Frameworks, costed M&E action and roll-out plans, and monitoring protocols;
• Technical assistance to support routine monitoring and capacity building of M&E resources;
• Undertaking baseline studies, mid-term reviews, end-of-program evaluations and impact assessment studies;
• Training in all the above areas which are to be thematically structured and offered on a periodic basis, in addition to customized programs for specific sectors or programs.
This unique clustering of services is offered in recognition of the key challenges faced by clients in the different sectors. In the face of declining financial resources for development and strategic interventions, it becomes necessary to plan better, to recognize and proactively manage risks expeditiously, and to manage operations more prudently. This combination of services supports the foundation of our clients’ operations which when augmented by the rest of the technical areas we support, should result in stronger and more efficiently executed programs.
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Our technical experts have over time been involved in various strategic planning interventions
– from organizational to national sector levels. Risk management and governance are
typically streamlined into respective technical areas since upfront recognition of potential
program blockages is necessary to proactively manage challenges before they materialize
into real threats.
The approach we apply entails recognizing the risks per technical area, weighting these
and developing proactive measures to address the risks. The identified risks are earmarked
for attention at appropriate levels (operational / management / board level) – be they
operational, financial or technical. The effective management of these identified risks is
likely to be more successful in organizations or operations that consciously apply sound
governance principles and who proactively monitor compliance in line with established
standards of operation.
Our services include:
• Supporting organizational planning interventions such as development of sector and organizational plans, including implementation and costed action plans /budgets
• Undertaking risk-based assessments for development programs in all operational areas
• Facilitation of workshops and organizational planning sessions to develop strategic and annual work plans
• Training in strategy, risk management and governance within the development sector and for corporate social responsibility programs
Change is a constant in many of our lives. All around us, technologies, processes, people, ideas, and methods often change, affecting the way we perform daily tasks and live our lives.
Specifically, organizations adopt the discipline of change management in different ways depending on their business needs.
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For instance, they have a must-win technology implementation that can benefit from change management, or they decide to invest in change management as an organizational capability to support aggressive business growth. In other words, change management can vary in scope and purpose, and one organization might define and implement it differently than another. To assist organizations and their employees, we perform the following services:
Helping you ensure development aid creates impact through strong fiduciary control, management and oversight.
Our services include:
- Financial review, analysis, and verification of programme activities.
- Value for money audits and reviews
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Business Valuation requires a solid grasp of both how value has been created prior to the valuation date, and how it will continue to be created in the future. The foundation of business valuation is the ability to understand how a company cultivates ideas or concepts and deploys its invested capital, aiming to drive returns in excess of its cost of capital. The process of value creation does not follow a single path, but rather many paths that vary by industry and the company’s position in its life cycle. Understanding this process is at the heart of our extensive valuation experience, whether we are performing a valuation analysis for financial reporting, tax, Mergers & Acquisitions, strategic planning, business restructuring or dispute and litigation purposes.
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At Kisa & Associates, we tailor the scope of our business valuations to our client’s specific needs and the purpose of the engagement. When appropriate, our valuation report provides an overview of the company, industry, economy; discusses value drivers; outlines the analysis performed, along with the inputs and assumptions; and incorporates detailed exhibits that support our valuation conclusion. The valuation analysis is sound and the report is defensible, and if challenged, we provide our clients with additional support, including serving as an expert witness at trial.
Across all countries, SMEs do more than create employment: they are also engines of economic growth and social development. In most OECD countries, SMEs contribute more than 50% of GDP, and some global estimates put this figure as high as 70%. This contribution varies across sectors, and is particularly high in the service industry, where SMEs account for 60% or more of GDP in nearly all OECD countries
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Regardless of the industry in which they SMEs operate, Kisa & Associates is able to provide the following services:
• Provision business development service with ongoing training, coaching, and mentoring, plus updated, relevant, and dynamic tools.
• Provision specialized technical assistance and hands-on training.
• Support SMEs in gaining access to new markets and the opportunity to reach out to additional customers, resulting in increased sales.
• Provision of strategic support of the implementations of the systems such as finance, accounting, human capital marketing strategy, and stock management and monitoring.
• Provision of skills and knowledge of managing hurdles, diversifying their products/ services, overcoming impediments, and capturing new possibilities.
• Support SMEs in gaining a competitive advantage over their competitors and gaining
access to new technology and supply chains that can help them enhance their operations dramatically.
• Build the skills and knowledge of SMEs, as well as their employees’ capacity to learn about innovation and decent work