Accounting-General

Business Valuation

The logic and framework under which business valuations are carried out is through the determination of the income generating potential of the business.  TAL then in carrying out business valuation looks at how the resources available to the business are likely to generate income into the future (i.e. the value of the firm’s future income flow). The resources include human, machinery, land, capital, equipment and goodwill.

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Coding and Preparation of Fixed Assets Register (FAR)

Alongside with Valuation Trace Associates also carries out Coding and Preparation of Fixed Assets Register. Depending on the needs of our clients, we design and prepare Code Systems, carry out coding by either Free Hand ,Cut Stencil, Dymo Printed Stickers, Computerized Stickers or bar Codes. The FAR prepared by TAL has the following features:

  • Asset description/details
  • Asset unique referencing and subsequent coding(graphic or electronic as per client requirements)
  • Asset location, class and category
  • Asset maintenance cost schedule, report
  • Asset replacement cost
  • Asset breakdown and diary
  • Breakdown report (open query facility)
  • Depreciation details
  • Asset legislation compliance

Fixed Asset Register prepared by TRACE Associates offers comprehensive, flexible, affordable and user friendly system that works well with automation.

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Property Management & Land Administration

Property Management/Land Administration in modern real estate business is a highly technical specialty that entails entrusting one’s property to a professionally qualified firm or person whom then runs it for a consideration. Property management and estate agency in general are still in their infancy in Tanzania.  The reason is that during the socialist era, the practice was regarded capitalistic and henceforth frown upon. Most of the big estates were either acquired or developed by the government through its parastatal arm and were managed by in- house staff.

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