Find Accountancy, Audit and Tax expertise in Mozambique


The vast majority of the few accountancy firms in Mozambique are located in the capital, Maputo. The top accountancy firms are working with the government and the World Bank to set up an accountancy institute. Annual statutory accounts must be prepared by all entities, as taxable income is based on the profits shown on the accounts. Reports of all Mozambican entities must be in Portuguese. All public companies are required by law to be audited; this is not the case for all private companies, however. The Bank of Mozambique, the country’s central bank, must approve external auditors before they can be used by finance companies. The Mozambique Association of Accountants and the Association of Internal Auditors in Mozambique (AMAI) are the leading professional bodies. The government has taken steps to bring all parts of the business and financial sector in line with International Financial Reporting Standards (IFRS). Banks have been required to meet the IFRS since 2007 and as of 2011 large and medium sized companies were also required to prepare their financial reports using IFRS. It is hoped that this will lead to greater transparency and ease of comparability and regulation. Three of the ‘Big Four’- KPMG, Ernst and Young and PWC – operate within the country. 

The 2011 World Bank Ease of Doing Business Index shows that Mozambique comes 143rd out of 183 countries with regards to resolving insolvency, with neighbouring country Zimbabwe ranked at 153. With regards to strength of auditing and reporting standards, the World Economic Forum’s Global Competitiveness Report (2012-13) gives Mozambique a score of 3.9 out of a possible 7, the same score as neighbouring counterpart Tanzania and below the world mean of 4.6. 

Accountancy, Audit and Tax organisations in Mozambique
Alfixa Castigo Rui M
Amijami Tecnicontas Ltd
Aries Consulting
Association of Internal Auditors in Mozambique
Banco Internacional de Moçambique
BDO - Mozambique
Beira Contabilidade
Carlos de Sousa & Brito
CCS Accountancy
Coalane Contabilidade Ltd
Coopers & Lybrand Lda
Deloitte & Touche
Ernst & Young
Glenrand MIB
Grant Thornton
KPMG Mozambique
Mozambique Association of Accountants
Pal Office Solutions LDA
Rand Merchant Bank
Seconta E I
Ticonta Contabilidade