Elmarc Finance

21/06/2023

PAYROLL SERVICES PROVIDED

20/06/2023

*AUDIT OF PAYROLL*
Payroll is an area of finance operations that is highly risky such that it would make key staff of your business or organization leave if not handled well, who have contributed to its growth and sustainability. Moreover, so many would go wrong because of responsible personnel not performing their payroll duties well, covering critical areas that include loan and advance recoveries as well as statutory deductions being either wrongly computed or non-remission of liabilities due to relevant bodies like NAPSA and ZRA who would heavily penalize you for not submitting returns and paying on time.

In order to address these issues and prevent the downfall of your business or organization due to unresolved payroll matters, we as Internal Auditors are available to provide the value adding service of giving assurance on the effectiveness of payroll systems and provide workable solutions to whatever challenges you are facing to ensure that things are done correctly and your key staff remain with you for a long time whose contributions have made your business or organization successful to the extent of becoming a market leader.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Financial Advisors .

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Finance Division of Elmarc General Dealers Limited (Registered Company)*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*

17/06/2023

*TRANSACTION/SYSTEM AUDIT*
Are staff in your business or organization following systems to be used in accounting for transactions carried out on a daily basis? Is there compliance with policies and procedures to ensure responsible personnel perform their duties professionally and ethically, especially finance/accounting personnel?

These and are other matters would be addressed by us Internal Auditors conducting an audit of systems and transactions, with assurance given from our findings on the effectiveness of internal controls and procedures for your business or organization to succeed financially in terms of performance (income and expenditure) and position (capital, assets and liabilities) in the long-term.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Financial Advisors .

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Finance Division of Elmarc General Dealers Limited (Registered Company)*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*

12/06/2023

MANAGEMENT CONSULTANCY SERVICES PROVIDED

05/06/2023

FINANCIAL ACCOUNTING SERVICES PROVIDED

02/06/2023

*TAXATION SERVICES*
Do you need help in processing tax payments and other transactions on a regular basis? Are you up to date with your taxes whose returns also have to be filed monthly and annually? Is there consistency regarding compliance with tax laws and regulations applicable to your business or organization?

Consider engaging us to provide tax services, which include tax advice and tax planning to ensure you are compliant with relevant tax laws and regulations, apart from processing payments and other transactions for taxes of various kinds including Pay as you earn (PAYE), Withholding tax (WHT), Value added tax (VAT), Income tax, Turnover tax (TOT), to mention but a few.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Chartered Accountants.

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Finance Division of Elmarc General Dealers Limited (Registered Company)*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*

30/05/2023

*AUDIT COMMITTEE MEMBERSHIP*
For every business or organization that has a board of directors, different committees have to be established to oversee various areas affecting their operations. One of the committees that boards need to have is an audit committee comprising people with a background of audit (either internal or external audit experience). This committee is so important for businesses or organizations to have that their good reputation lies in the effectiveness of the audit committee who make Heads of Finance (Chief Financial Officers) answerable for financial matters in ensuring that financial resources are used for their intended purpose.

We as Internal Auditors are available to be part of audit committees of your business or organization so as to contribute to good financial standing in society evidenced by good audit reports from external auditors and also ensuring there is a good working relationship with them by having zero or minimal audit queries, resulting from financial irregularities.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Management Consultants.

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Finance Division of Elmarc General Dealers Limited (Registered Company)*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*

25/05/2023

*AUDITS OF REVENUE AND EXPENDITURE*
Have you been facing problems of frequent shortages materially (e.g. stocks/inventories of what you buy and sell for your business) as well as financially in terms of revenues and expenditures (including imprest and petty cash payments) over a period of time? Are your books of accounts not balancing such that false financial information is being reported for the purpose of people wanting to steal from your business or organization i.e. manipulation of accounting records/cooking of figures in your books of accounts? Has there been non-compliance with laws and regulations governing your business or organization posing risks of loss of reputation and cessation of operations consequently?

If these and any other business matters are what have been happening of late and need help in addressing them, consider engaging us Internal Auditors to conduct audits of revenue and expenditure. It is by doing this exercise (assignment) that you as our clients will know exactly through our reports what's going on using our technical expertise and practical experience, so as to provide workable solutions to these problems you have been facing, thereby ensuring performance management is attained to make your business or organization successful in the long-term and be in good standing in society.

One of the measures that would be taken in dealing with fraud, thefts, misappropriation of funds and other financial crimes is by facilitating training and development programmes for your staff, as it has been discovered from Auditor General Reports (from public sector audits annual), news from social as well as print media and other platforms/resources, that responsible staff have knowledge gaps of the relevant national as well as international laws and regulations governing financial management, whose consequences for non-compliance are clearly stipulated including dismissals from employment, fines and imprisonment. In addition, professional ethics are what many of our accountants and finance professionals are not following resulting in the scandals and crimes we are hearing of nowadays needing serious attention and action by experts in business finance like us.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Management Consultants.

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Finance Division of Elmarc General Dealers Limited (Registered Company)*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*

02/05/2023

29/04/2023

*TRAININGS ON FINANCIAL ACCOUNTING AND TAXATION*
Is there a knowledge gap by your officers or staff responsible for managing finance/accounting departments in your business or organization? Have things been going wrong of late in the way financial transactions are being executed and accounted for in your records (books of accounts)? Are finance/accounting officers and staff up to date with current laws and regulations, including financial reporting requirements (e.g. preparation and presentation of financial statements) and taxation rules/guidelines based on this year's national budget?

These and other matters would be addressed by engaging us as accounting specialists by conducting trainings both physically and online with flexible payment terms and conditions to suit your needs, so that your business or organization adapts to the current business and economic climate, thereby avoiding consequences of non-compliance with applicable accounting and ethical standards/principles as well as relevant laws and regulations that would affect your business standing and reputation for continued operations in the long-term.

For more details about our professional services (including fees that are competitive and affordable), get in touch with us and receive value for engaging us as Management Consultants for training and consultancy services.

_Chanda Chitalima ACCA AZICA_
_Member of the Institute of Internal Auditors (IIA)_ *Director* - *Elmarc Finance*
*Chartered Accountants and Management Consultants*

_Cell: +260954287797_
_Email: [email protected]_
*_ELMARC FINANCE - YOUR RELIABLE BUSINESS FINANCE PARTNER_*