EXECUTIVE SUMMARY
Stratwell Associates is a licensed avudit and financial consultancy firm operating in Kenya and Somalia, with offices in Nairobi and Mogadishu. We provide auditing, taxa tion, accounting, financial assessments, and advisory services to corporates, NGOs, donor-funded projects, and public institutions.
With a team of qualified CPAs and experienced consultants, Stratwell delivers reliable, transparent, and value-driven financial solutions that strengthen compliance, opti mize systems, and empower clients to make informed, data-driven decisions.
Our regional presence enables us to deliver context-specific solutions that align with Kenyan regulatory frameworks and Somali business realities, ensuring clients remain compliant and competitive.
At Stratwell, we go beyond numbers we interpret financial data to tell the story of your business, uncovering insights that enhance accountability, efficiency, and long-term growth.
COMPANY BACKGROUND
Founded in 2018 as Habiba Bulle & Associates in Kenya, the firm began with a mission to provide ethical, client-focused, and high-quality audit and financial services. Over time, the firm earned recognition for its precision, professionalism, and commitment to institutional strengthening.
In 2025, the firm rebranded to Stratwell Associates, reflecting its evolution into a regional firm with modern systems, expanded expertise, and a broader service port folio.
Today, Stratwell operates across Kenya and Somalia, serving clients throughout East Africa. The rebrand signifies our continued commitment to excellence, integrity, and measurable impact values that have guided us since our founding.
Mission
To deliver accurate, ethical, and innovative financial solutions that empower our clients to thrive in a dynamic business environment.
Vision
To be the most trusted and preferred financial and auditing partner in Kenya and Somalia – recognized for excellence, integrity, and impact.
CORE
VALUES
OUR CORE VALUES
Integrity:
We uphold transparency and honesty in every engagement.
Professionalism:
We adhere to the highest industry and ethical standards.
Confidentiality:
We safeguard client information with absolute discretion.
Innovation:
We integrate modern tools for efficiency and insight.
Client Focus:
We listen, understand, and tailor solutions to each client’s needs.
Culture
Our Professional Culture
- Desire for Excellence
- Collective Responsibility and Teamwork
- Continuous Learning and Innovation
- Confidence and Professional Growth
- Value Addition to Client Needs
- Motivation and Mutual Respect
Our culture drives us to deliver solutions that are practical, sustainable, and transformative.
Statutory Compliance
In today’s evolving business and donor landscape, accountability and fiscal responsibility are fundamental pillars of good governance. Stratwell Associates supports clients in meeting statutory, regulatory, and donor compliance requirements by ensuring that their financial systems are transparent, efficient, and aligned with international standards. We believe that accurate financial reporting and effective internal controls are not just compliance measures, they are strategic tools for building trust and institutional sustainability.
OUR
SERVICES
1. Auditing & Assurance
We deliver independent, objective, and evidence-based audits that promote transparency and stakeholder confidence.
Services include:
- Statutory and Internal Audits: Comprehensive financial and operational audits for organizations across all sectors.
- Donor-Funded Project Audits: Specialized audits for donor-funded projects, ensuring compliance and accountability.
- Compliance and Performance Audits: Evaluating adherence to laws, regulations, and internal policies.
- Forensic Audits & Fraud Investigations: Detecting and investigating financial irregularities and fraud.
- Internal Control System Assessments: Reviewing and strengthening internal controls and risk management frameworks.
- Risk and Control Reviews: Identifying operational, financial, and compliance risks with actionable mitigation strategies.
- Institutional and Financial Capacity Assessments: Evaluating organizational capacity against regulatory and operational requirements.
- Agreed-Upon Procedures (AUP) and Special Purpose Audits: Tailored audit engagements for specific client needs.
- Financial Due Diligence: Comprehensive reviews for mergers, acquisitions, partnerships, and investments.
- Monitoring and Evaluation Financial Reviews: Assessing financial performance against strategic objectives.
- Fraud Risk Management & Anti-Fraud Framework Design: Proactive design of systems to prevent and detect fraud.
2. Taxation Services
Our tax experts ensure that clients remain compliant while optimizing tax efficiency and minimizing exposure
Services includes:
- Corporate and Individual Tax Planning: Strategic tax structuring to minimize liabilities.
- VAT, PAYE, Withholding Tax, and Income Tax Support: Compliance and advisory across all tax types.
- KRA and Domestic Tax Compliance: Ensuring full compliance with national tax laws and regulations.
- Tax Dispute Resolution and Representation: Representing clients in tax disputes, audits, and appeals.
- Payroll Tax Management: Integrated payroll tax compliance (PAYE, NSSF, NHIF, Housing Levy).
- Tax Risk Reviews and Health Checks: Identifying and mitigating tax exposure areas.
- Cross-Border and International Tax Advisory: Specialized advisory for regional and cross-border operations.
- Tax Compliance for Special Sectors: Managing tax obligations for NGOs, public institutions, and corporates.
- Import and Export Tax Reviews: Customs, excise, and trade tax advisory.
- Tax Training and Advisory: Customized training on tax compliance and risk management.
3. Payroll Management & HR Outsourcing
We take the complexity out of payroll and HR compliance, ensuring your team is paid accurately and on time, every time.
Services include:
- End-to-End Payroll Processing: Monthly payroll computation, statutory deductions, and net pay disbursement.
- Payroll Reconciliation & Reporting: Monthly payroll journals, reconciliations, and management reports.
- Statutory Compliance: Timely filing and remittance of all payroll-related taxes to relevant authorities.
- Payroll Audits & Health Checks: Reviewing existing payroll systems to identify errors, overpayments, or compliance gaps.
- Employee Benefits Administration: Management of leave accruals, bonuses, commissions, and terminal benefits.
- HR Policy Development: Drafting employment contracts, staff handbooks, and HR policies aligned with labor laws.
- HR Outsourcing: Recruitment support, staff onboarding, performance management frameworks, and employee relations advisory.
- Compliance Management: Managing sector-specific payroll and HR compliance requirements.
4. Bookkeeping and Accounting
We offer precise, reliable, and compliant bookkeeping and accounting solutions tailored to client needs.
Services include:
- Monthly and Annual Financial Statements: Preparation of financial statements in accordance with applicable standards (IFRS, IPSAS).
- Cash Flow Tracking and Management: Monitoring and optimizing cash flow for operational efficiency.
- Budgeting and Forecasting: Participatory budgeting, cash flow forecasting, and scenario planning.
- Financial System Set-Up and Staff Training: Implementing and training on QuickBooks, Sage, and ERP systems.
- Management Accounts and Reporting: Preparing management reports for informed decision-making.
- Outsourced CFO Services: Acting as your part-time finance director for strategic financial oversight.
- Digital Transformation Advisory: Assisting clients in selecting, implementing, and migrating to modern accounting systems.
5. Financial Assessments and Reviews
We assess financial health, efficiency, and governance structures to identify risks and growth opportunities.
Services include:
- Financial Performance Evaluations: Comprehensive analysis of financial health and operational efficiency.
- Business Valuation and Due Diligence: Valuations for mergers, acquisitions, and investment decisions.
- Cost-Benefit and Feasibility Analysis: Assessing viability of projects, programs, and investments.
- Creditworthiness Assessments: Evaluating financial standing for banking, financing, and partnerships.
- Organizational Internal Control Reviews: Identifying control weaknesses and recommending improvements.
- Institutional Capacity Assessments: Comprehensive evaluations of Finance, HR, Procurement, and Operations systems.
6. Grant Management, Proposal Development & Donor Reportin
We help you secure funding and manage it with transparency and compliance.
Services includes:
- Grant Proposal Budget Development: Assisting organizations in crafting realistic, compliant, and competitive budgets for donor proposals.
- Grant Financial Management: Setting up grant-specific financial systems, cost allocation methodologies, and compliance tracking
- Donor Financial Reporting: Preparation of financial reports in donor-specific formats, ensuring accuracy and timeliness.
- Grant Close-Out Audits & Support: Assisting with final financial reconciliations and asset disposal reporting at project end.
- Sub-Grantee Financial Monitoring: Capacity assessments and financial monitoring of sub-grantees to ensure downstream compliance.
7. Institutional Capacity Building & Systems Strengthening.
We build resilient organizations from the inside out.
Services include:
- Micro-Assessments & Institutional Assessments: Comprehensive evaluations of Finance, HR, Procurement, Operations, and IT systems against regulatory, operational, and donor requirements.
- Capacity Assessments for Public and Private Entities: Specialized assessments for county governments, federal ministries, educational institutions, and private sector organizations.
- HR Systems Strengthening: Design and implementation of HR policies, performance management frameworks, job descriptions, staff handbooks, and grievance mechanisms.
- Procurement Systems Strengthening: Development of procurement policies, bid evaluation frameworks, vendor management systems, stores management, and asset disposal policies.
- Financial Capacity Building: Tailored training for finance, procurement, and non-finance staff on financial management best practices.
- Policy & Procedure Development: Drafting and harmonizing operational manuals, internal controls, internal audit charters, and governance frameworks.
- Governance & Board Advisory: Training boards, councils, and governing bodies on financial oversight, risk management, and fiduciary responsibilities.
- Compliance Gap Analysis: Identifying gaps between current practices and legal, regulatory, and operational requirements, with actionable roadmaps for remediation.
8. Financial Advisory & Business Consulting.
We provide strategic and operational advisory support that enables clients to build robust financial frameworks and long-term sustainability..
Services include:
- Business and Investment Advisory: Strategic guidance for startups, expansions, and market entry.
- Corporate Restructuring and Strategy: Supporting mergers, acquisitions, and organizational restructuring.
- Financial Risk Management: Identifying and mitigating financial risks through robust frameworks.
- Succession and Wealth Planning: Strategic planning for business continuity and wealth preservation.
- Cash Flow Optimization and Debt Restructuring: Improving liquidity and restructuring debt for sustainability.
- Liquidation & Receivership Services: Assisting distressed businesses with orderly wind-down or turnaround strategies.
- Feasibility Studies & Market Entry Advisory: Assessing viability and strategic entry into new markets.
9. Training & Capacity Building Programs
We empower your team with the knowledge and skills to drive sustainable organizational success.
Services include:
- Grant Management Training: Grant lifecycle management, donor compliance, budget development, cost allocation, sub-grantee management, and grant close-out procedures.
- Financial Management Training: Financial management for non-finance managers, budgeting, internal controls, fraud prevention, cash flow management, and financial reporting.
- Proposal Development Training: Donor intelligence, proposal budget development, logical frameworks, narrative-budget alignment, and partner budgeting.
- Donor Reporting Training: Donor-specific reporting requirements, financial and narrative reporting, variance analysis, performance reporting, and audit readiness.
- Public Financial Management Training: PFM, IPSAS, budgeting, and internal controls for public sector entities.
- Customized Institutional Training: Tailored programs for county governments, federal ministries, colleges, universities, corporates, SMEs, and NGOs.
We serve a diverse range of clients across sectors including:
- Non-Governmental and Development Organizations (Local and International NGOs)
- County Governments & County Entities – Treasuries, County Public Service Boards, County Aggregation and Industrial Parks, and County Health/Education Departments
- Federal Member State Ministries & Agencies (Somalia) – Ministries of Finance, Health, Education, and Planning, as well as regional administrations
- Educational Institutions – Universities, Colleges, Technical and Vocational Education and Training (TVET) institutions, and secondary schools
- Health Institutions – Hospitals, nursing homes, and health foundations (public and private)
- Financial Services and Microfinance – SACCOs, microfinance institutions, and investment groups
- Construction and Real Estate – Contractors, developers, and property managers
- Retail, Trade, and Hospitality – Hotels, restaurants, supermarkets, and trading companies
- Import and Export Enterprises – Clearing and forwarding agents, logistics firms, and cross-border traders
- Government and Public Institutions – MDAs, state corporations, parastatals, and regulatory bodies
- Professional Practice Firms – Law firms, engineering consultancies, and medical practices
- SMEs and Startups – Supporting emerging businesses with compliance and growth strategies
This broad experience allows us to understand the distinct operational, financial, and regulatory contexts of each industry—from the Public Financial Management Act in Kenya to the Somali Public Financial Management Framework and donor-specific requirements.
At Stratwell, we apply a structured, collaborative, and technology-driven approach to every engagement:
- Planning & Risk Assessment - Understanding operations, environment, and risk areas.
- Fieldwork & Evidence Gathering - Conducting analytical procedures, control testing, and verification.
- Analysis & Reporting - Translating findings into actionable insights and recommendations.
- Follow-up & Advisory Support - Assisting clients in implementing improvements and strengthening systems.
Our methodology aligns with International Standards on Auditing (ISAs) and global best practices in financial management, including IPSAS for public sector engagements and donor frameworks such as USAID 2 CFR 200 and EU Financial Regulations.
Each engagement begins with a clear definition of scope, deliverables, timelines, and communication protocols.
We maintain open communication with clients through meetings, calls, and reports at key milestones.
Upon completion, Stratwell delivers a comprehensive report and debriefing, followed by advisory support to facilitate implementation of recommendations.
All engagements are guided by transparency, responsiveness, and accountability from inception to completion.
Our professional fees are determined by the scope, complexity, and duration of each assignment.
We maintain competitive and transparent pricing, reflective of the value delivered.
All engagements are formalized through contract agreements outlining deliverables, confidentiality terms, and payment structures.
We value collaboration built on trust, professionalism, and mutual respect.
When you partner with Stratwell Associates, you engage a team committed to:
- Understanding your business context and needs
- Maintaining transparent, continuous communication
- Delivering quality work within agreed timelines
- Providing practical, measurable, and lasting solutions
We aim to create partnerships that extend beyond individual projects, fostering growth, compliance, and institutional excellence.
Our team comprises qualified professionals with extensive experience in audit, finance, and advisory.
Key Personnel:
-
CPA/CS Habiba Bulle - Managing Partner
Over 10 years of experience in auditing, tax, and financial consulting for NGOs and corporates.
-
CPA Moses Kamau Mwangi - Audit Manager
Over 8 years of experience in auditing, tax, financial management and financial consulting for NGOs and corporates.
-
CPA Ahmedsadiq A. Adan - Audit Senior
Skilled in financial management, institutional assessments, and donor compliance audits.
-
CPA Dekow Mohamed -
Distinguished finance and taxation professional with vast experience in auditing, taxation, and financial management
-
CPA Eliud Wanyoike Muturi - Tax Consultant
Specializes in corporate and NGO tax compliance, payroll, and advisory services.
-
Farhiya Hussein Ali - IT Assistant
Serves as an IT Assistant, where she facilitates the firm's technology operations, supports eTIMS and digital systems implementation, and ensures smooth integration of ICT solutions across departments
We serve a diverse portfolio of clients across Kenya and Somalia, including SMEs, NGOs, development partners, and corporate entities.
Selected Achievements:
- Conducted institutional and compliance audits for donor-funded projects, improving transparency.
- Delivered internal control assessments and financial reviews for NGOs, strengthening governance.
- Supported SMEs with tax planning, payroll, and accounting systems, enhancing compliance.
- Provided cross-border tax and financial advisory for regional enterprises.
- Regional Presence: Offices in Kenya and Somalia, with local insight and international standards.
- Expert Team: Certified professionals with cross-sector expertise.
- Tailored Solutions: Services designed to meet each client’s unique context.
- Ethical and Transparent Practices: Built on integrity and professionalism.
- Technology-Driven Systems: Modern audit tools and analytics for accuracy.
- Proven Results: Demonstrated success in strengthening financial management and compliance.
- Client-Centered Engagement: Long-term partnerships built on trust and collaboration.
At Stratwell Associates, we don’t just deliver reports we deliver insight, trust, and transformation.
Whether you’re starting out, scaling operations, or managing complex donor projects, our expertise ensures every financial decision is guided by strategy, compliance, and clarity.
