Founder – Habtamu Tesfaye
Habtamu Tesfaye
Habtamu Tesfaye is the Founder and Managing Partner of HabtAudit (formerly Habtamu Tesfaye Certified Audit Firm), an independent audit, accounting, tax, and advisory firm based in Addis Ababa, Ethiopia.
The firm was established in 2013 with a clear objective: to contribute meaningfully to the accounting, auditing, and financial consultancy sector in Ethiopia through professional integrity and practical expertise.
Habtamu Tesfaye Tesemma is a qualified accounting and audit professional with strong academic and professional credentials.
Habtamu Tesfaye
Founder of HabtAudit
Education:
Bachelor of Arts (BA)
ACCA (Association of Chartered Certified Accountants, UK)
Diploma in IFRS (International Financial Reporting Standards)
Professional status:
Fellow Chartered Certified Accountant (FCCA, UK)
Authorized Chartered Certified Accountant practitioner in Ethiopia
Firm Foundation and Growth
Habtamu Tesfaye established the firm in 2013 with startup capital of 150,000 birr.
Since then, the firm has grown steadily:
Headquarters: Addis Ababa, Ethiopia
Current team size: 11 professionals
Current capital: continuously growing
The firm has evolved from a traditional audit practice into a modern, technology-driven professional services firm.
Core Services
HabtAudit provides a wide range of professional services, including:
- External statutory audit
- IFRS-based financial reporting and conversion
- Tax advisory and compliance services
- Internal audit and control evaluation
- Financial consultancy and advisory
- Virtual CFO services
- Project feasibility and financial assessments
Professional Experience
Habtamu Tesfaye has extensive experience in:
- Banking sector (early career foundation)
- External audit and assurance services
- Financial consultancy and advisory roles
- IFRS implementation and reporting
- Tax compliance and regulatory work
His experience spans both private sector and regulated institutional environments.
Habtamu Tesfaye continues to lead HabtAudit with a focus on structured growth, professional discipline, and innovation in financial reporting systems.
Digital Audit Innovation
In 2019, Habtamu Tesfaye led the development of Ethiopia’s first cloud-based audit application built by a local audit firm.
This system introduced structured digital processes for audit and financial reporting, improving:
- Accuracy of financial data processing
- Audit documentation control
- Reporting efficiency
- Client data security
Later, in partnership with Abacus Consultants & Trading PLC, the system evolved into a fully cloud-native audit and financial reporting platform, designed for secure, scalable, and online-based professional use.
Strategic Partnership
HabtAudit collaborates with Abacus Consultants & Trading PLC, a consulting firm focused on:
- Financial planning and advisory
- Tax optimization strategies
- Systems and operational improvement
- Enterprise efficiency solutions
This partnership strengthens the firm’s ability to deliver integrated financial and advisory services.
Leadership Philosophy
Habtamu Tesfaye’s professional approach is guided by three core principles:
- Independence – ensuring unbiased professional judgment
- Integrity – maintaining strict ethical and professional standards
- Continuous improvement – developing stronger systems and capabilities
He places strong emphasis on ongoing professional development and structured financial systems.
Independent Audit, Tax & Advisory Firm in Ethiopia
Accurate, compliant, and digitally verified financial services powered by a modern audit system.
ACCA Certified | AABE | OFAG Registered
Quick Links
Our Solutions
Get in Touch
Address
Kazanchis, in front of ECA, SA Business Center, 5th Floor
Addis Ababa, Ethiopia
Call us
Phone: +251 115 518 739
Mobile: +251 911 258 496
Email Us:
contact@habtaudit.com
habtamu@habtaudit.com
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