Our story
Founded in 2024, with a narrow and deliberate mandate
FRAG provides expert solutions in financial reporting, audit, and financial management, serving both private and public sector organisations navigating financial governance in a shifting economic and regulatory environment.
Since inception we have established a reputation for technical excellence, practical insight, and an unwavering commitment to our clients' success. That work is driven by a conviction that robust financial reporting, effective internal controls, and sound financial management are the cornerstones of sustainable development, public accountability, and investor confidence.
We hold specialised expertise in the practical application of IFRS for private sector entities and IPSAS for public sector organisations, and we treat the distinction between them seriously. Public sector reporting is not private sector reporting with different labels, and advice that ignores this tends to fail at audit.
Our knowledge of the local landscape — the Public Finance Management Act, the Constitution of Zimbabwe, the Public Procurement and Disposal of Public Assets Act, and the monetary policy environment — positions us to guide organisations through IFRS implementation, IPSAS adoption, hyperinflation accounting, and sustainability reporting as they are actually encountered here.
Harare
Our team
Clients
Two frameworks, treated separately
IFRS and IPSAS are not interchangeable
Public sector reporting is not private sector reporting with different labels. Revenue from non-exchange transactions, service concession arrangements, and the treatment of heritage assets have no direct private sector equivalent.
Advice that flattens the distinction tends to fail at audit. We staff engagements with the framework in mind from the first meeting, not the last.
Explore our servicesOur mission
To provide expert guidance and advisory services in financial reporting, audit, financial management, and sustainability reporting — promoting transparency, accountability, and excellence in financial reporting practices. We are committed to assisting organisations in achieving full compliance with IFRS, IPSAS, and other relevant reporting frameworks.
Our vision
To be the leading financial reporting advisory organisation in Africa, recognised for promoting transparency, accountability, and good governance in financial reporting, sustainability, and management — and for making a positive impact on the business community, contributing to the growth and development of Africa and beyond.
What we hold to
Our values
Integrity
We uphold the highest ethical standards in all engagements, maintaining independence, objectivity and confidentiality at all times. Our reputation is built on trust, and we guard it jealously.
Expertise
We deliver practical, high-quality solutions grounded in deep technical knowledge and extensive professional experience across IFRS, IPSAS, sustainability reporting standards, and local regulatory requirements.
Objectivity
We provide independent, unbiased advice and assurance, ensuring our recommendations rest solely on professional judgment and the best interests of our clients.
Professionalism
We maintain rigorous standards of competence, technical proficiency and professional conduct, so that every engagement is executed with diligence, discretion and excellence.
Leadership and governance
Independent oversight, technical execution
FRAG is governed by a Board of five Non-Executive Directors whose experience spans finance, public sector governance, auditing, risk management, law and strategic leadership.
The Board provides strategic oversight, keeping our services aligned with national priorities, international best practice, and the highest standards of corporate governance. Its members provide independent judgment and challenge — collective expertise spanning the public and private sectors, including former senior government officials, experienced audit partners, and recognised thought leaders in financial reporting.
Director — Operations
Responsible for overall strategic direction, operational efficiency, financial sustainability, and delivery of all advisory and training services. The role oversees business development, client relationship management, resource allocation, and the integration of services across all divisions.
Director — Technical Services
Provides technical leadership across the organisation, ensuring advisory outputs, training content and educational programmes meet the highest standards of accuracy and relevance. This is the primary authority on IFRS, IPSAS, hyperinflation accounting (IAS 29), sustainability reporting standards (ISSB, GRI, SASB, TCFD), regulatory pronouncements, and audit quality assurance.
Quality assurance
How we keep the work reliable
Quality is a process, not a claim. These are the internal controls that sit behind everything we issue.
- Peer review of all technical outputs before release.
- Continuous professional development for every team member.
- Client feedback and satisfaction monitoring across engagements.
- Regular updates to training content and advisory methodologies as standards evolve.
- Compliance with professional standards and applicable ethical codes.
Work with a team that knows this market
Start with a conversation about what you're facing. No obligation attached.