Local authorities and municipal companies
Public sector auditing, tax and legal consulting
As public corporations and their subsidiary bodies are increasingly engaged in business activities, an ever heavier burden is imposed on them by tax legislation and the requirements of the fiscal authorities. Accounting and auditing standards are in place that need to be met. The public sector and its operations are faced with the balancing act of working to tight budgets under specific statutory provisions, while also dealing with growing competition from private suppliers. This is compounded by frequent changes to the tax and legal framework. Regional authorities, public agencies, local bodies, owner-operated companies and publicly owned enterprises must deal with complex issues around accounting, profitability, taxation and the legal framework.
KBHT supports local authorities and municipal companies in this challenging environment. Our experts understand the political, economic and legal requirements imposed on the public sector and its operations. We know that no two problems are the same and provide tailored, creative and pragmatic solutions.