Name Stephen Kamau 
Name of Firm: Goal Advisory (A) Limited
Profession: Auditor/Financial/Tax consultant
Date of Birth: 1973
Nationality: Kenyan
Membership in Professional organizations:
Practicing Member of the Institute of Certified Public Accountants (ICPAK) and a member of Practitioners Development Committee (PDC)
Key Qualifications:
Bachelor of Commerce (Accounting) Hons University of Nairobi
Certified Public Accountant (CPA) Kenya
Work experience:
Jan 2007 to date: Partner, Stephen and Associates
Director, Goal Advisory Limited
May 2005 to Dec 2006: Senior Tax and Corporate Services Manager, KPMG, Nairobi
Jan 2004 to April 2005: Audit Manager, KPMG, Kampala
Jan 2001 to Dec 2003: Audit Manager, KPMG, Nairobi
July 1998 to Dec 2000: Senior Associate, PricewaterhouseCoopers, Nairobi
Sept 1997 to June 1998: Associate, PricewaterhouseCoopers, Nairobi
Key Experience and background
Stephen has been involved in the financial and audit field for over twenty-two (22) years, having started off as an audit assistant with the then Price WaterHouse in 1997 and continued on with PricewaterhouseCoopers, after the merger with Coopers & Lybrand in 1998.
He has over time gained experience in setting up and evaluating internal controls in organisations as well as being involved in financial investigations for corporate clients. He has had hands-on-experience in accounting and advice on best practice in accounting.
After almost 11 years in employment, Stephen went into private practice and has over the last twelve (12) years developed a client base in both the private and public sector where he is involved in proving audit and financial consultancy services, adding value to these businesses which mainly fall within the small and medium enterprise as well as in the public sector.
Stephen is a committed professional, diligent and focused on ensuring that clients obtain value.
Key assignments and roles:
Selected specific experience in the areas of corporate finance and business advisory, taxation consultancy and audit is outlined below;
1 Audit and investigations experience
Stephen has been involved in audit investigations for the following organisations:
Swivel Marketing Limited (SML) – involved in review of internal controls and advise on restructuring of the company’s balance sheet and advise to management on best way forward for the business.
Intercontinental Hotel, Nairobi – audit and investigation on cash sales and stocks including review of internal controls
2 Selected audit and public sector advisory experience
National Insurance Company of Uganda:
This is one of the largest Insurance Company in Uganda. KPMG was contracted to perform a privatisation audit by the World Bank through the Parastatal Sector Reform Commission. Key outputs on this assignment were management reports on improvement of internal controls and a set of financial statements in compliance with International Accounting Standards.
Role: Team Manager
National Microfinance Bank
This is one of the largest microfinance institutions in Uganda. KPMG was contracted to perform a privatization audit by the World Bank through the Parastatal Sector Reform Commission. Key outputs on this assignment were management reports on improvement of internal controls and a set of financial statements in compliance with International Accounting Standards.
Role: Team Manager
Barclays Bank Uganda Limited – Due Diligence
This is one of the largest banking institutions in Uganda. This was a due diligence assignment at the time of proposed merger with ABSA. Key outputs on this assignment included various reports to the group auditors in South Africa, management reports on improvement in internal controls, financial statements in accordance with local standards.
Role: Team manager
Citibank Uganda Limited
This is also one of the largest banking institutions in Uganda. This was an audit and assurance assignment. Key outputs on this assignment included management reports on improvement in internal controls, financial statements in accordance with local standards and various reports required to be submitted to the Bank of Uganda.
Role: Team manager
Others:
Donor funded and aid agencies audits undertaken
- Save the Children in Uganda
- Christian Aid UK/Ireland
- Christian Children Fund (CCF)
- Danida funded projects in Kenya, Tanzania and Uganda
Audit manager on the following key assignments:
- Akiba Bank Limited
- East African Building Society Limited
- Kenya Reinsurance Corporation
- Guardian Bank Limited
- Investment & Mortgage Limited
- Equity Building Society
- Kenol /Kobil
3 Training and capacity building experience
- East Africa Breweries: Involved in recruitment of key positions within the company including drawing up the advertisement in the daily newspapers, screening of candidates and conducting actual interviews.
- Canaud Metal Box Ltd: Involved in recruitment of key positions within the company including drawing up the advertisement in the daily newspapers, screening of candidates and conducting actual interviews.
- In house training of KPMG staff from Nairobi and Kampala in IFRS changes
- external audit training to tax consultancies for the Jomo Kenyatta University of Agriculture and Technology (JKUAT)
- external audit training for the Kenyan Armed Forces Canteen Organisation (AFCO) external audit department