CLOUD ACCOUNTING

Accounting in the cloud allows accountants to eliminate outdated, manual, and paper-based processes, while enhancing controls and visibility. If you haven’t already switched to the cloud, now is the time. This article will cover some of the benefits accountants can...
We should avoid investing in ‘dead capital’

We should avoid investing in ‘dead capital’

My initial definition of the term, dead capital, was in reference to investments in assets that have no value. However, it was first coined by a Peruvian economist Hernando de Soto to explain capital in the form of unregistered real property, which is considered lost...

How wealth managers can respond in the wake crisis

The financial markets have since experienced huge capital outflows and panic sell-offs in a flight-to-quality, as investors seek safety and stability in perceived stable assets and precious metals. With this sense of dislocation and uncertainty, wealth managers should...

OUR SERVICES…

Are you ready to save time and add a strong support network to your business or organization? Whether you are a growing or well-established business OR a not-for-profit, Stern Cohen can provide the bookkeeping, payroll, tax and internal accounting services you...

Major Challenges for Entrepreneurs in the Time of COVID-19

Our current situation is deeply unsettling. Entrepreneurs are facing many obstacles, including ensuring the businesses they have put their blood, sweat, and tears into continue to stay afloat. On top of that, many of them have employees that they’re trying to protect...

SMEs’ Financing Scheme to Commence in June

The government intends to roll out Ksh4Billion Stawisha SME Mashinani in June to provide affordable credit to MSMEs. Stawisha SME Mashinani intends to be a one-stop-shop solution where SMEs receive business advisory services, asset financing, working capital, project...

How the Most Successful People Spend Their Mornings

I believe that morning habits are especially important. If you want to be successful, a set of good morning rituals that you follow faithfully can make a big difference. The probability of your success may well depend on the choices you make about how to spend those...