Contact Nihla

Nihla Mazrui
Partner


Office : Mombasa
Services : Audit & Assurance, Tax Services, Risk Advisory Services, Outsourcing Accounting Services
Sectors : Financial services, Manufacturing, Real Estate & construction, Retail/consumer products
Biography

Nihla has over 16 years of experience in audit and assurance services having handled clients in various sectors including banking & insurance, manufacturing, agriculture, tourism and hospitality, telecommunication, real estate, and trading. In addition Nihla has also handled various risk advisory engagements, financial and tax due diligences and assisting clients with payroll and accounting outsourcing services.

She is a member of ACCA, ICPAK and NBAA. She also holds Bachelor’s in Business Administration from the International Islamic University, Malaysia.

Prior to joining RSM, she worked with PricewaterhouseCoopers in Kenya and Tanzania rising from an audit associate to a manager. In addition to managing an audit portfolio of various clients, Nihla was in charge of the Learning and Education department at PricewaterhouseCoopers.

Nihla is the Head of IFRS representing the firm on RSM’s IFRS Champion group and also the the Partner in charge of Training.

In her spare time, Nihla enjoys reading, swimming and travelling.

Publications

Internal audit reviews

21 November 2022
A business needs to see itself through a big mirror – Internal audit reviews Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. Internal audit reviews enable businesses to have a strong and adequate system of internal controls; enhance compliance with...
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Permanent Establishment and tax implication in Kenya

6 April 2022
Background Globally, tax authorities have placed significant emphasis on transactions involving Multinational Companies and non-resident entities with the aim of collecting the requisite taxes arising from such transactions in their jurisdictions. In principle, income is taxed either based on the source of that income or the residency status of ...
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Year-end closure procedures for accountants

10 February 2022
January is one of the busiest months for accountants as Companies aim to close out the previous financial period. There are various year end procedures necessary to be carried out before preparing the Financial Statements. The goal of this is to ensure that all items have been recorded in the books of accounts completely and accurately. It also pro...
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Payroll benefits Q&A

31 March 2021
Employment benefits refer to perks or any additional considerations offered to employees over and above the basic salary to create a competitive package for a particular job position. All benefits are taxable at the higher of cost to the employer of providing the benefit and the fair market value. In this week’s Q & A session, we have gath...
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New IFRS reporting requirements

3 February 2021
This newsletter summarises the new reporting requirements for financial years ending 31st December 2020. Which Standard? What changed? How will it impact? Amendment to IFRS 16 Leases IFRS 16, ‘Leases’, was amended to provide lessees with a practical expedient th...
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Register of beneficial ownership interview

27 January 2021
This week we sit down with Josphat Ochoi. Josphat is the Company Secretarial Manager, at RSM, based in Nairobi.  He holds a Bachelor of Arts Degree from the University of Nairobi. He is a Certified Secretary and a member of the Institute of Certified Secretaries (ICS).  He has over 8 years’ experience in Company Secretarial Practice....
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Business Process Outsourcing: More than a back office

24 January 2021
In these uncertain times, many companies are rethinking their business strategies and looking at solutions through a completely different lens. Those that perhaps haven’t considered outsourcing their back office previously, may have now recognized that they survived a sudden shift to managing a remote environment and that a transition to an outso...
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RSM IFRS Update and IFRS 16 Training presentation slides

4 December 2019
RSM IFRS Update and IFRS 16 Training presentation slides contains slides of the presentation held in December 2019. The new Standard eliminates a lessee’s classification of leases as either operating leases or finance leases. Instead, almost all leases are ‘capitalised’ by recognising a lease liability and right-of-use asset on the balance sh...
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IFRS 16 – LEASES

25 July 2019
IFRS 16 – LEASES INTRODUCTION International Financial Reporting Standard (IFRS) 16, Leases, came into effect for periods commencing on or after 1st January 2019 with the main objective being that lease contracts should be recorded in the balance sheet of the lessees (no operating leases). Significant changes are therefore e...
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RSM Specimen IFRS Financial Statements 2018

6 February 2019
These specimen IFRS financial statements are prepared in accordance with International Financial Reporting Standards and are for illustrative purposes. RSM Specimen Generic IFRS Financial Statements 2018 - Kenya Ltd Download here RSM Specimen SME Financial Statements 2018 - Kenya SME Ltd  Download here RSM Global's IFRS Illust...
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The Big IFRS changes

5 February 2019
IFRS CHANGES  IASB has in the past few years released 4 new standards. These standards do not just bring about minor amendments as is the case with other new or revised standards, but each of these incorporate fundamental changes that will impact financial reporting for organisations that report under full IFRS. The application of new stand...
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Events

Did you know?- Business Combination (IFRS 3)

RSM ACCOUNTING SERIES: BUSINESS COMBINATION (IFRS 3) Did you know that: IFRS 3 only applies to transactions between entities that are not under common control wherein an acquired group of assets and liabilities meets the definition of a business. This is an application of substance over form. The following steps are required in applying t...
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Certificate of Accreditation - Certified Entrepreneur to German Standards

The German Institute for Small and Medium-Sized Enterprises e. V. Berlin (DIKMU) hereby confirms the company and reviewer ... Ashif Kassam, Nihla Mazrui, Elvis Ogeto and George Mutua RSM Eastern Africa, Nairobi & Mombasa, Kenya admission as reviewers in the process of certification as "Certified Entrepreneur to Ger­ man Standards" of the...
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