Our services
David Hastings Associates has qualified and experienced professionals sharing their knowledge, expertise and experience to produce creative solutions for our clients. Envisage what you could achieve with localised knowledge yet with international exposure like ours.
David Hastings Associates provides industry-focused tax, accounting, financial management consulting, advisory, grant management, training and procurement agency aimed at building public trust and enhance value for our clients and their stakeholders. We are a robust local accounting and consultancy services firm. Although David Hastings Associates is a relatively new business service provider in Malawi, its partners are very experienced professionals who had worked in various capacities and thus very knowledgeable in their subject areas.
OUR Services
Training & Service
We provide structured ACCA, CIMA and other accounting tuition training as well as exam revision services. We also provide in-house financial management and accounting trainings.
We are also specialized in providing training and implementation of public sector accounting standards (IPSAS).
Tax Management
Formulates effective strategies for optimizing taxes, implementing innovative tax planning, and effectively maintaining compliance.
The focus areas for tax services are Tax Structuring, Compliance Services and VAT, PAYE, etc. advice.
Accounting and Financial Management Consultancy
We provide the following services among other professional services
- Financial statement preparation: reviews and compilations;
- Income tax preparation, consulting and compliance;
- Monthly, quarterly, and annual financial reporting statements;
- Implementation of new accounting software packages;
- Development of an accounting systems and accounting manuals;
- Full outsourcing of accounting department or provision of maternity and other short-term cover;
- In-house accounting trainings and solutions;
- Bill paying services;
- Business management; and
- Payroll management.
Cash management and cash transfer services
We provide cash management and cash transfer services through electronic and physical means. We don’t only transfer funds but also conduct verification and validation to ensure that funds are transferred to legitimate beneficiaries.
For example, if you have a workshop or training, we can help to disburse Daily Service and other Allowances after verification of participation
Advisory
Provides advice and assistance based on our financial, analytical, and business process skills to government bodies, companies, and intermediaries of all organisations in their development and implementation of strategy relating to: enhancing performance; reforming institutions, IT systems implementation, change management, creating/acquiring/ financing businesses; integrating them into current operations; improving management and control; and restructuring and realising value.
Fiscal Agency Services
We act on behalf of another party performing various financial duties. A fiscal agent may assist in the redemption of bonds or coupons, handle tax issues, replace lost or damaged securities and perform various other finance-related tasks.
Grant management
We have a wealth of experience in applying for and managing federal programs, state projects, and competitive grants. Our staff works closely with educators and administrators to take their ideas and refine them into compliant, approvable grant projects that are easy to track and manage through accounting software. We provide the following services:
- Budget creation and oversight
- Payment requests (drawdowns)
- Fund management and accounting
- Fund analysis, accounting adjustments, and project revisions
- Completion reports
- Assessment of procedures and compliance guidance at each level, including project-specific rules
- Coordination of effort between accounts payable, human resources, and payroll
- Repair efforts for out-of-compliance or neglected projects focused on helping districts put money where it belongs
Procurement agency
We provide general services regarding procurement of goods and services for our clients. We are connected to global providers of goods and services and the following are some of our specific services:
- Oversee supplier related activities and monitor supplier performances;
- Coordinate with suppliers to resolve performance related issues;
- Ensure compliance with company procedures and contract requirements;
- Develop contract terms and conditions and administer contract changes;
- Perform negotiations for contract terms and conditions;
- Prepare contract agreements and other documentations as needed;
- Provide assistance to other Agents in procurement activities;
- Evaluate current procurement activities and recommend improvements;
- Analyse customer needs and accordingly develop procurement requirements;
- Develop optimal procurement solutions to meet customer expectations;
- Identify and troubleshoot contract issues in a timely manner;
- Provide support in new business acquisitions, mergers and partnerships;
- Establish and manage supplier relationships;
- Manage disposal and closeout of procurement activities; and
- Review all competitive proposals to select best sources.
