Frequently Asked Questions

Answered At a Galance

Who We Are?

Dickson Associates was established in 2015 by a team of graduate professional accountants all with practical training and wide experience in auditing, financial management, taxation, Strategic and Business Planning , business management, financial training, micro-finance consultancy, capacity building, ICT in all the above fields.

As a partial manifestation of the firms’ competence, the firm is registered and approved to conduct statutory audits and provide financial advisory services by the Institute of Certified Public Accountants of Uganda (ICPAU). We are prequalified by Bank of Uganda to audit financial institutions and money remitters.

Associates is pre-qualified by Office of the Auditor General (OAG) to audit government entities and departments. Our firm is also prequalified by Ministry of Trade Industry and cooperatives (MTIC) to audit cooperatives in Uganda.

Why hire a monthly accountant instead of an annual one?

Truthfully, not all business owners see the need, but our clients sure do! We provide consulting and business advice throughout the year. Our proactive approach allows you to see trends earlier, and spot any issues before they become larger problems. Monthly financial statements are a tool to stay on top of your business, which allows you to focus on growing your profits.

What do clients need to provide us with in order to do our job?

To efficiently help you with your business goals, we require access to your source documents -- either in electronic or hard copy form. Common documents include, but are not limited to, bank statements, credit card statements, sales systems (POS), software (i.e. Quickbooks), inventory, accounts payable, and accounts receivable. Depending on your level of expertise, we will train clients on how to prepare these documents. What we require from you will be customized to your unique business.

What does the monthly accounting process look like??

Strengthening the financial services and improving access to those services is a fundamental objective of Uganda’s development strategy that is why Dickson Associates undertakes seriously the idea of offering this service to clients. Today, most of the micro and small-scale finance institutions working in Uganda are registered as NGO’s, financial co-operatives and company limited by shares.

Other Micro finance providers are community-based organizations (CBOs), Rotating Savings and Credit Associations, Village Savings and Loan Associations and rural Finance intermediaries. These institutions have emerged to address the needs of the population, which cannot access mainstream financial services from the formal banking sector. We believe that experienced reputable business professionals should handle this transformation and help professionalize services rendered to the financially excluded.