Price 5,950/=

256-752-959-439
mpgbiz@gmail.com
Hi Nicholas,
Recently, LinkedIn reached a new milestone: 200 million members. But this isn't just our achievement to celebrate — it's also yours.
I want to personally thank you for being part of our community. Your journey is part of our journey, and we're delighted and humbled when we hear stories of how our members are using LinkedIn to connect, learn, and find opportunity.
All of us come to work each day focused on our shared mission of connecting the world's professionals to make them more productive and successful. We're excited to show you what's next.
With sincere thanks,
Deep Nishar
Senior Vice President, Products & User Experience
P.S. What does 200 million look like? See the infographic
A stat this delightful deserves to be shared
LinkedIn Corporation ©2013. LinkedIn, the LinkedIn logo and InMail are registered trademarks of LinkedIn Corporation in the United States and/or other countries.
Other brands and names are the property of their respective owners. Unless otherwise noted, data presented is based on internal LinkedIn analytics. 06-LCS-003 0709
BUSINESS PLANNING AND FINANCIAL SERVICES IN KAMPALA UGANDA
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
Investors and financial institutions expect to see a business plan when you approach them. , you are certain that your idea will succeed, but you are unsure of the process involved to achieve it. A business plan is paramount. We can help. We develop full business plans for start-ups and existing businesses that are looking for financing, entering new markets, introducing new products, or restructuring.
The due diligence of starting a company can be overwhelming. With our help, we can provide an excellent plan for you.
As a business owner you are most likely very, very good at what you do. However, many small business owners find that they are not very, very good at the day-to-day operations of running the business. At WFConsults Business Consulting we come alongside you and help inject much needed common sense into your business structure.
We are business management consultants specializing in implementing well proven management profitability and organizational improvements. We understand the many challenges facing businesses in today's fast-paced and competitive climate. We understand because many of our associates have owned or currently head-up their own successful business organizations.
Is your business requiring more and more of your time to maintain, much less to grow? Is it becoming your life, rather than your livelihood? Or, are you experiencing declining profits, markets, efficiencies, all of which you have grappled with alone. Have the results of your improvement initiatives proven disappointing in spite of all your efforts? Have you lost your business focus? Are you uncomfortably deep into your bank line of credit, or is your bank
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
lending facility currently becoming overly burdensome? Or is it more serious; has your business declined to the turnaround stage?
We can help you:
· Are you having problems differentiating your business from your competitors'? Maybe you are struggling with selling your products and services because your customers or clients do not know you. Or perhaps you are running low on ideas to market your business.
· We have a solution for you. We create full marketing plans to help you enter the market and create a brand. With our help, you will be able to refine your products and services, identify market segments, select distribution channels, create effective promotional strategies, and utilize various pricing tactics to gain optimal profit.
Results You Can Expect:
Your customers or clients will now get your message and distinguish you from the sea of competitors. Most importantly, with the right mix of marketing strategies, your customers will ACT on the message and buy from you. With a strong marketing plan, you will not only build brand identity, you will enhance your revenue.
We at WFConsults Kampala Uganda develop full strategic plans to help you define the core values of your organizations and key business activities so that you can meet your objectives once again. We will dissect your organization and analyze your internal operations as well as the external environment your business is operating within. We will also work with you to set new goals,
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
create new strategies and timelines, and determine your success criteria for you to run a successful business long term.
Results You Can Expect:
Most companies and organizations need a vision and strategic plan, but few have it. Your Plan will put you ahead of many of your competitors. You will now have short and long-term goals for your business in key performance areas which will help you stay focused. Your business activities or issues, such as operating costs, customer satisfaction, quality of goods or services, etc., will subsequently be improved with a more focused vision.
You think you are doing all the right things for your business, but for some reason, your bottom line just doesn't reflect it. Or you are working long and hard hours from Mondays to Sundays, and are desperate to find more efficient and effective ways to run your business.
We will gladly help you achieve that work/life balance by evaluating your current business model, process, operations, and/or organizational structure, to identify problems or areas of improvement.
Results You Can Expect:
You will learn how efficient and effective your company's programs and/or initiatives are. You will also gain the ability to recognize when changes are required and to implement them across all parts of your business on an ongoing basis. You can expect to identify opportunities that will increase your operational excellence.
Are you one of the many small business owners who are juggling multiple roles from talking to customers, marketing your business, picking up phone calls to sweeping the floor at the end of the business day? You just wish that
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
you had more time and resources to implement some of the great ideas you have, or were suggested to you, either by your close confidantes or us at WFConsults Kampala Uganda.
We will help you manage projects of any size. We will also implement business or marketing plans you already have to ensure success.
Results You Can Expect:
You will be able to pursue urgent business activities without spreading your resources too thin and sacrificing your ability to implement great business initiatives. In addition, our professional assistance in project management will accelerate the project initiation process and enhance its success.
After Developing the business plan then what-?
Other Services
1 Forming a company/ type of business organization
2 Identify a company name
3 Registration with Uganda Registration Services Bureau
4 Obtaining necessary secondary licenses from line ministries (for instance, in fishing
you need a fishing permit; you may need clearance from NEMA). It's advisable to
seek guidance from business support institutions like UIA, Trade offices at the
District levels or your business association.
5 Register with local authorities/councils/ for operating permits e.g. Trading Licence
6 Register with NSSF if you employ more than 5 people
7 Register with Uganda Revenue Authority and obtain a Tax Identification Number
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
(TIN), VAT number if your annual turnover exceeds Ushs 20 million
8 Register with Utility providers like UMEME, NWSC, and obtain an account number.
Cost of Services:
a) Standard filing fee: Ushs 410 (four hundred and ten shillings only);
b) Certificate Fee: Ushs 1,000 (one thousand shillings only);
c) Stamp Duty: 0.5 % of the share of capital;
d) Flat fee for the Ministry of Finance collected by the Registrar: Ushs 23,000, (twenty
three thousand only);
e) Registration fees vary: fees for a share capital of USH 5 million are Ushs 6990, and
Ushs 9490 for a share capital of 10 million.
f) Trading license: Ushs 206,500.
g) Company seals: Ushs 225,500.
h) Name search: Ushs 20,000.
i) For sole proprietorship and a partnership, formation cost is US$ 100 and the usual
balance sheet date is 30th June to coincide with the fiscal year.
j) The formation cost for a private limited liability company and a public limited liability
company is US$ 1,000 plus 1% stamp
WFC Charges are Ushs 500,000 on top of the above fees , these are for Logistics, Commission and Contingencies
Taxation
1. VAT Registration is beneficial and it gives you an advantage in costing. You
CONTACT –wikiconsults@gmail.com
Box 2090 Kampala Uganda
Tel 256-752-959-439
should therefore insist on VAT invoices from suppliers.
2. Keep records of your capital investment for capital allowances and withholding
tax. These are claimable at the end of the year and it reduces your Income Tax
Liability. Check your import documentations for WHT records and collect receipts
of WHT deduction from your customers.
3. Submission of early returns to Uganda Revenue Authority reduces the interest
and penalties
4. Proven records on tax compliances are rewarded; for instance you can be
exempted from WHT.
5. Make your taxman your friend; consult him when in doubt on rates and
procedures etc. URA has a toll free number, customer service centers and
customer relations officers at all customs offices that you can consult.
For More about Business Planning , Strategy, Tax and Auditing Services in Kampala or Uganda
Contact
WFConsults
Box 2090
Kampala
Uganda
256-752-959-439
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A new commuter train has been launched in Kenya's capital, Nairobi - the first of its kind since independence in 1963.
The train will run between the city centre and the suburb of Syokimau, where Kenya has built its first railway station in more than 80 years.
The service is intended to ease traffic congestion in Nairobi, one of the fastest-growing African cities with a population of about three million.
President Mwai Kibaki was the first commuter on the new train.
He travelled back to Nairobi along with his officials, while ordinary passengers were banned for security reasons.
OPENING BALANCE SHEET
The opening IFRS balance sheet as at the transition date should
• recognize all assets and liabilities whose recognition is required by IFRS; but
• not recognize items as assets or liabilities whose recognition is not permitted by IFRS.
With regard to event-driven fair values, if fair value had been used for some or all assets and liabilities under a previous GAAP, these fair values can be used as the IFRS "deemed costs" at date of measurement.
When preparing the opening balance sheet:
• Recognize all assets and liabilities whose recognition is required by IFRS. Examples ofchanges from national GAAP are derivatives, leases, pension liabilities and assets, and
deferred tax on revalued assets. Adjustments required are debited or credited to equity.
• Remove assets and liabilities whose recognition is not permitted by IFRS. Examples of
changes from national GAAP are deferred hedging gains and losses, other deferred
costs, some internally generated intangible assets, and provisions. Adjustments required are debited or credited to equity.
• Reclassify items that should be classified differently under IFRS. Examples of changes from national GAAP are financial assets, financial liabilities, leasehold property, compound
financial instruments, and acquired intangible assets (reclassified to goodwill). Adjustments required are reclassifications between balance sheet items.
• Apply IFRS in measuring assets and liabilities by using estimates that are consistent with national GAAP estimates and conditions at the transition date.
Examples of changes from national GAAP are deferred taxes, pensions, depreciation, or impairment
of assets. Adjustments required are debited or credited to equity.
Derecognition criteria of financial assets and liabilities are applied prospectively from the transition date. Therefore, financial assets and financial liabilities which have been derecognized under national GAAP are not reinstated.
However:
• All derivatives and other interests retained after derecognition and existing at transition date must be recognized.
• All special purposed entities (SPE) controlled as at transition date must be consolidated. Derecognition criteria can be applied retrospectively provided that the information needed
was obtained when initially accounting for the transactions.
Cumulative foreign currency translation differences on translation of financial statements of a foreign operation can be deemed to be zero at transition date. Any subsequent gain or loss on disposal of operation excludes pretransition date translation differences.
ASSETS
With regard to property plant and equipment, the following amounts can be used as IFRS deemed cost:
• Fair value at transition date
• Pretransition date revaluations, if the revaluation was broadly comparable to either
• fair value, or
• (depreciated) cost adjusted for a general or specific price index
First-Time Adoption of IFRS (IFRS 1)
With regard to investment property, the following amounts can be used as IFRS "deemed cost" under the cost model:
• Fair value at transition date
• Pretransition date revaluations, if the revaluation was broadly comparable to either
• fair value, or
• (depreciated) cost adjusted for a general or specific price index
If a fair value model is used no exemption is granted.
With regard to intangible assets, the following amounts can be used as deemed cost,
provided that there is an active market for the assets:
• Fair value at transition date
• Pretransition date revaluations if the revaluation was broadly comparable to either
• fair value, or
• (depreciated) cost adjusted for general or specific price index
With regard to defined benefit plans, the full amount of the liability or asset must be recognized, but deferrals of actuarial gains and losses at transition date can be set to zero. For post transition date actuarial gains and losses, one could apply the corridor approach or any other acceptable method of accounting for such gains and losses.
Previously recognized financial instruments can be designated as trading or available for sale—from the transition date, rather than initial recognition.
Financial instruments comparatives for IAS 32 and IAS 39 need not be restated in the first IFRS financial statements. Previous national GAAP should be applied to comparative information for instruments covered by IAS 32 and IAS 39. The major adjustments to
comply with IAS 32 and IAS 39 must be disclosed, but need not be quantified. Adoption of IAS 32 and IAS 39 should be treated as a change in accounting policy. the liability portion of a compound instrument is not outstanding at the transition date an entity need not separate equity and liability components, thereby avoiding reclassifications within equity.
Hedge accounting should be applied prospectively from the transition date, provided that hedging relationships are permitted by IAS 39 and that all designation, documentation, and effectiveness requirements are met from the transition date.
BUSINESS COMBINATIONS
It is not necessary to restate pretransition date business combinations. If any are restated, all later combinations must be restated. If information related to prior business combinations are not restated, the same classification (acquisition, reverse acquisition, and uniting of interests)
must be retained. Previous GAAP carrying amounts are treated as deemed costs for IFRS purposes.
However, those IFRS assets and liabilities which are not recognized under national GAAP must be recognized, and those which are not recognized under IFRS must be removed.
With regard to business combinations and resulting goodwill, if pretransition date business combinations are not restated, then
• goodwill for contingent purchase consideration resolved before transition date should
be adjusted,
• any non-IFRS acquired intangible assets (not qualifying as goodwill) should be reclassified,
• an impairment test should be carried out on goodwill, and
• any existing negative goodwill should be credited to equity.
First-Time Adoption of IFRS (IFRS 1) 13
Foreign currency translation and pretransition date goodwill and fair value adjustments
should be treated as assets and liabilities of the acquirer, not the acquiree. They are not restated for post acquisition changes in exchange rates—either pre- or post transition date.
EXEMPTIONS
Exemptions in respect of the retrospective application of IFRS, relate to the following:
• Business combinations prior to the transition date
• Fair value or revalued amounts, which can be taken as deemed costs
• Employee benefits
• Cumulative foreign currency translation differences, goodwill, and fair value adjustments
• Financial instruments, including hedge accounting
PRESENTATION AND DISCLOSURE
A statement should be made to the effect that the financial statements are being prepared in terms of IFRS for the first time.
Prior information that cannot be easily converted to IFRS should be dealt with as follows:
• Any previous GAAP information should be prominently labeled as not being prepared under IFRS.
• Where the adjustment to the opening balance of retained earnings cannot be reasonably determined, that fact should be stated.
Where IFRS 1 permits a choice of transitional accounting policies, the policy selected should be stated.
The way in which the transition from previous GAAP to IFRS has affected the reported financial position, financial performance, and cash flows should be explained.
With regard to reporting date reconciliations from national GAAP (assume December 31, 2005), the following must be disclosed:
• Equity reconciliation at the transition date (January 1, 2004) and at the end of the last
national GAAP period (December 31, 2004)
• Profit reconciliation for the last national GAAP period (December 31, 2004)
With regard to interim reporting reconciliations (assume interim report to June 30, 2005 and reporting date to be December 31, 2005), the following must be disclosed:
• Equity reconciliation at the transition date (January 1, 2004), at the prior year comparative
date (June 30, 2004), and at the end of last national GAAP period (December 31, 2004)
• Profit reconciliation for the last national GAAP period (December 31, 2004) and for the
prior year comparative date (June 30, 2004)
Impairment losses are disclosed as follows:
• Recognized or reversed on transition to IFRS
• IAS 36 disclosures as if recognized or reversed in period beginning on transition date
Use of fair values as deemed costs is as follows:
• Disclosed aggregate amounts for each line item
• Disclosed adjustment from national GAAP for each line