Zade Associates LLP

03/09/2026

📢 Supplier Prequalification 2027–2029

We're inviting eligible suppliers and service providers to register for our prequalification list covering the 2027–2029 period. If your business falls within any of these categories, we'd love to have you apply.

🔗 Visit our tenders page to download the application document and view full details: https://zadeassociates.co.ke/index.php/tenders/

17/08/2026

Artificial Intelligence is no longer a future trend, it's redefining how audits are planned, executed and delivered. However, while AI is making audit processes faster and more intelligent, trust still depends on human judgement, governance and professional skepticism.

Swipe through the images to discover:
• How AI is transforming audit and assurance
• The opportunities and emerging risks
• Why Boards, CFOs, and Audit Committees must adapt
• The continuing role of human expertise in building confidence

📖 Read the full article on our website: https://lnkd.in/dMWW-abE

What role do you think AI should play in the future of audit and assurance? Share your thoughts in the comments.

06/08/2026

How secure is your organisation really?
Most organisations answer that question by pointing to what they have invested in Firewalls, Antivirus software, Multi-factor authentication and Staff awareness training. But here's the uncomfortable reality:

Having security controls is not the same as knowing they actually work. Many organizations operate on assumed security rather than verified security. The difference often becomes apparent only after a ransomware attack has already disrupted operations. Cyber resilience is no longer just an IT responsibility, It is a governance issue, a business continuity issue and ultimately a Board responsibility.

In our latest insight, we explore why organizations - particularly SACCOs and financial institutions must move beyond compliance and begin validating whether their cyber controls can withstand real-world attacks. Because the most dangerous vulnerability isn't the one you know about, It's the one you assume doesn't exist.

Read the full article here: 🔗 https://tinyurl.com/zadeassociatesllp
Ransomware and the SACCO: Closing the Gap Between Assumed and Verified Security

04/08/2026

Most ransomware attacks don't begin with sophisticated hacking. They begin with a single overlooked vulnerability. A phishing email, a compromised password, an unpatched system, an exposed remote connection.

From that point, attackers move methodically establishing a foothold, escalating privileges, moving across networks, stealing sensitive data, encrypting critical systems, and ultimately demanding payment.

The important lesson is this ransomware is not a single event. It is a process. Understanding that process helps organizations identify opportunities to detect, disrupt, and prevent an attack long before business operations are affected. Cyber resilience is no longer solely an IT responsibility. It is a governance priority that requires effective controls, employee awareness, tested recovery capabilities and continuous oversight.

Swipe through the carousel to understand the anatomy of a ransomware attack. Preparation is always less costly than recovery.

15/07/2026

"The quality of a SACCO's loan portfolio will always reflect the quality of its lending decisions."

Non-Performing Loans (NPLs) are increasing at an alarming rate across many SACCOs, posing a significant threat to their financial sustainability. The impact is two-fold:

• Reduced profitability as interest income declines while impairment provisions increase.
• Cash flow constraints that limit the SACCO's ability to lend, meet member demands, and support future growth.

While guarantors and collateral remain important elements of the credit appraisal process, they should never be the primary basis for approving a loan. Sound lending decisions begin with a thorough assessment of the 4 Cs of Credit:

i. Capacity - Does the borrower have the ability to generate sufficient cash flow to repay the loan?
ii. Capital - What is the borrower's financial strength and level of commitment to the investment?
iii. Character - What is the borrower's repayment history, integrity, and willingness to honour financial obligations?
iv. Conditions - How do economic, industry, and borrower-specific factors influence the ability to repay?

A robust credit appraisal framework that prioritizes these fundamentals will significantly reduce default risk, improve loan portfolio quality, and strengthen the long-term sustainability of SACCOs.

At Zade Associates, we believe that the best way to manage non-performing loans is not through recovery - it's by preventing them through prudent lending decisions. Strengthening credit appraisal frameworks, enhancing loan monitoring and embedding robust risk management practices are essential to protecting profitability, preserving liquidity, and ensuring the long-term sustainability of SACCOs.

21/06/2026

Behind every strong family is a father whose sacrifices, guidance, and encouragement leave a lasting legacy. Today, we honor the men who lead by example and inspire greatness in those around them.

Happy Father's Day to all fathers and father figures. 👔💙

01/06/2026

Today we celebrate the courage, sacrifice, and determination of those who paved the way for Kenya's self-governance. As we honor our nation's journey, may we continue to build a united, prosperous, and peaceful Kenya for generations to come.

01/05/2026

Today we recognize and appreciate the effort, dedication, and hard work of all workers who keep things moving forward every day.
Happy Labour Day!

26/03/2026

We’re hiring!
Zade Associates LLP is looking for qualified Audit Associates to join our growing team.

If you meet the requirements and are ready to build your career in audit and advisory, we encourage you to apply.

📩 Send your application to: [email protected]
📅 Deadline: 31st March 2026

16/01/2026

IFRS 9 SACCO Financial Reporting and Risk Management

For Savings and Credit Cooperative Societies (SACCOs) in Kenya and beyond, the adoption of International Financial Reporting Standard 9 (IFRS 9) represents a fundamental transformation in how financial health is measured, reported, and managed. Unlike the older IAS 39, which was criticized for its complexity and backwards-looking approach, IFRS 9 introduces a more logical and forward-thinking framework. This shift compels SACCOs to anticipate potential loan losses rather than simply reacting to them after they occur, marking a strategic evolution from basic accounting to proactive risk ownership.

The Shift from Incurred to Expected Losses

The core change is a move from recognizing credit losses only after objective evidence exists (the Incurred Credit Loss model) to estimating and provisioning for them based on future expectations (the Expected Credit Loss model). This paradigm shift ensures financial statements better reflect the true risk profile of a SACCO's loan book.

Get to read the full article on linked in:

For Savings and Credit Cooperative Societies (SACCOs) in Kenya and beyond, the adoption of International Financial Reporting Standard 9 (IFRS 9) represents a fundamental transformation in how financial health is measured, reported, and managed. Unlike the older IAS 39, which was criticized for its c