Explicit Risk Audit and data Limited

24/09/2026

Internal Audit: The Eye of the Business 👁️

Internal audit goes beyond checking numbers. It examines processes, systems, accountability, risks and whether resources are delivering real value to the business.

While external audits focus mainly on financial reporting and compliance, internal audit continuously asks: Are we doing things right, and are we getting value from what we invest in?

From finance and production to marketing and quality control, internal audit provides checks and balances that help businesses identify gaps, improve processes and make better decisions.

Internal audit isn’t just about finding problems—it’s about creating value and driving improvement.

22/09/2026

Are you running a business but still wondering where the money goes? 💰

If employees manage your business, how sure are you that every sale is being recorded and every shilling is accounted for?

At ERAD, we help business owners identify revenue leakages, test internal controls, analyze business data, strengthen reconciliations, and implement maker-checker systems.

Don’t just trust the numbers. Verify them. Protect your revenue.

21/09/2026

🚨 What risks could be holding your business back?

Every business operates with uncertainty, and if those risks are not identified and managed, they can affect profitability, efficiency, and long-term growth.

From fraud and operational inefficiencies to duplication of roles, poor performance measurement, lack of succession planning, and undocumented Standard Operating Procedures (SOPs), these risks can quietly cost your business.

At ERAD, we help businesses identify potential risks, strengthen internal controls, improve operational efficiency, and build systems that support continuity and sustainable growth.

Don’t wait for a risk to become a crisis. Identify it. Manage it. Build a stronger business.

18/09/2026

ERAD does more than taxes. We help businesses build stronger systems, processes, and teams.

Beyond tax services, ERAD offers internal audit outsourcing to businesses and institutions that may not have a resident internal auditor.

Our internal audit services help you assess your business processes, financial records, profitability, internal controls, and adherence to established policies and procedures. Whether you need support monthly, quarterly, or annually, we can tailor the service to meet your institution’s needs.

We also provide corporate training designed to address skills gaps within organisations. From leadership and risk management to taxation, governance, and other business-related areas, our training is designed to strengthen the capacity of employees and leaders.

As a NITA-accredited corporate trainer, ERAD also offers training for boards and board committees, helping them better understand their roles and improve their effectiveness in guiding and overseeing institutions.

Whether you need stronger internal controls, professional audit support, or capacity building for your team, ERAD is ready to support your organisation beyond tax compliance.

16/09/2026

🥬 Mama Mboga can supply the big businesses too.

Sometimes the opportunity is there, but the paperwork becomes the barrier. Without the right electronic invoices, small businesses may struggle to supply supermarkets, hotels, restaurants, and other established institutions.

With the right guidance on eTIMS and electronic invoicing, Mama Mboga can take her business to the next level and access more formal markets.

ERAD — Empowering businesses through digital solutions.

16/09/2026

📊 Running a business? Make your tax records work for you.

From Mama Mboga to established companies, understanding how to register your business, use the right KRA PIN, issue compliant invoices, and properly record eligible business expenses is essential for staying tax compliant.

With eTIMS and integrated accounting systems, businesses can issue itemized electronic invoices and keep better records of their transactions.

ERAD — Empowering businesses with digital solutions and tax compliance.

16/09/2026

14/09/2026

WHAT QUALIFIES AS A DEDUCTIBLE EXPENSE? 💼📊

Not every expense incurred by a business automatically qualifies for a tax deduction.

A deductible expense is generally one that is directly related to the business and incurred in generating business income.

🏢 Business premises rent — May qualify as a business expense.
🏠 Personal house rent — A private expense and generally not deductible as a business cost.
🚗 Business-related travel — May qualify where incurred for business purposes.
⛪ Personal travel & social activities — Not business expenses.

The key question is:

“Is this expense directly attributable to generating business income or incurred wholly and exclusively for the purposes of the business?”

If yes, it may qualify for deductibility, subject to applicable tax rules and proper supporting documentation.

ERAD — Helping you understand your tax obligations and get it right.

08/09/2026

💡 Are you a business owner wondering which expenses you can factor in when calculating your taxes?

Running a business comes with many costs—and some of these expenses may be allowable for tax purposes when they are incurred in generating business income.

From employee salaries and wages to the cost of purchasing or importing goods, businesses can incur various expenses in their day-to-day operations.

Other examples include:
📞 Communication and business-related calls
🚚 Transportation and delivery of goods
🚛 Costs associated with moving imported products
🚗 Certain vehicle and licensing costs used for business purposes

If you're operating a small business, importing tools or products, or you're not sure about your tax obligations, understanding your allowable business expenses can help you keep better records and make informed tax decisions.

📌 Keep proper records. Understand your tax obligations. Stay compliant.

Need help understanding your business tax and KRA requirements? Reach out to us today.

07/09/2026

Understanding Tax: What Every Business Owner Should Know

For many people starting a business, the word tax can create unnecessary fear and uncertainty. However, taxation is a fundamental part of operating a business, and understanding your obligations from the beginning can help you make better financial decisions and remain compliant.

In this conversation, we share some practical insights on taxation and why business owners should not approach it with fear, but with knowledge and proper planning.

A key starting point is understanding the relationship between your business income, allowable expenses, and profit. Proper financial records are therefore essential in helping you understand how your business is performing and what your tax obligations may be.

Whether you are starting a small enterprise or managing an established business, it is important to understand your tax responsibilities, maintain accurate records, and seek professional guidance where necessary.

Tax should not be something we fear. It is something we should understand and manage responsibly.

Accounting FinancialLiteracy KRA BusinessTips