Eunice D61-83846-2016. Final Project 13-12-2017-unlocked.pdf

The top management provided leadership in strategy

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The top management provided leadership in strategy formulation, implementation, and monitoring. Outsourcing is only advantageous to a firm in the short run. Engaging a technical analyst helps in identifying the technical indicators and particular actions to take Our firm uses an audit software. Use of accounting and audit software boosts the efficiency and profits of a company. Social media can be away from growing customer base. Our firm has put in place safeguards to its data and information against unauthorized access. Our firm does automated backup of its data daily.
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60 2. What is the leading mode of written communication to your staff? Email [ ] Internal memos [ ] Staff WhatsApp [ ] 3. Does your firm get involved in corporate social responsibility? Yes [ ] No [ ] 4. Between charging a low fee and quality audit exercise, which one do you think can earn your company more clients? Low professional fees [ ] Quality audit work [ ] 5. Are the supervisors able to review the work of their juniors from a remote location within and outside the country? Yes [ ] No [ ] 6. What client retention strategies does your firm use? 7. What employee retention strategies does your company use? 8. Which companies do you consider as your significant competitors to watch? 9. What are some of the strategies that your company employs to remain unique in the current competitive environment?
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61 10. Does your firm outsource non-core services to another organization? Yes [ ] No [ ] 11. To what extent does your firm experience staff turnover annually? Very Great Extent [5] Great extent [4] Moderate Extent [3] Low Extent [2] Very Low Extent [1] 12. Does your firm have an exchange program with another business? Yes [ ] No [ ] 13. Apart from auditing, which other services does your firm offer? 14. What can you recommend to your business to help improve on growth on the quality clientele that will boost the profitability of the company?
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62 Appendix III: List of International Audit Firms in Kenya 1. Ernst and Young 2. KPMG 3. PricewaterhouseCoopers 4. Deloitte and Touche 5. WIA East Africa 6. Mazars 7. Horwarth Erastus and Co. 8. KKCO East Africa CPAs 9. PKF 10. RSM East Africa 11. AAC Kenya 12. Grant Thornton 13. Baker Tilly Meralis 14. BDO East Africa Kenya 15. Carr Stanyer Gitau and Co. 16. Kreston KM and company 17. Parker Randall Eastern Africa 18. UHY Kenya Source: ICPAK (2017) list of audit firms
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