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| OUR RANGE OF SERVICES |
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| We firmly believe that quality
services to clients can only be rendered by specialization
in the different fields of our professional work. Our firm
is therefore organised on the basic of specialised departments
as listed below: |
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| AUDIT PRACTICE
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| This comprises the following: |
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| >> AUDITING |
| Our aim in carrying out audit is to: |
- Examine the books and records for the purpose
of statutory and reports and accounts according to the requirement
of the Companies and Allied Matters Decree1990.
- Ensure that the financial statement show a true
and fair view of the financial position at the balance sheet
date and of the result for the year ended on that date.
- Ensure that the fianacial statements have been
prepared using appropriate accounting basis and policies applied
consistently from year to year.
- See that the client has maintained proper accounting
records.
- Confirm that financial statements agree with
the accounting records.
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| >> TAXATION |
Our objectives in relation to taxation ( including deferred
taxation) is to provide a reasonable basis for an opinion, whether: |
- All transactions and adjustments affecting the taxation accounts
are recorded.
- All recorded transactions and adjustments on taxation are
proper ones
- The tax charges including V.A.T provided in the profit and
loss accounts are accurate.
- Liabilities for taxation at the year end are fully provided
and those provisions no longer required are released.
- Assets in respect of taxation are fully recoverable and justifiable
recorded.
- The basis of accounting is appropriate and consistently applied.
- Special features have been adequately dealt with and identified
for disclosure.
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In addition to the foregoing we undertake: |
- Registration of clients with the tax offices.
- Preparation of tax computations in accordance with applicable
tax laws.
- Lodgement of tax computations with the tax office.
- Procurement of tax Clearance Certificates from the appropriate
tax authorities.
- Capital Allowance Certificate procurement.
Taxation advisory services that would enable clients to obtain
maximum benefits under the provisions of the current tax laws of
the country. |
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| >> ACCOUNTING |
Where the client dose not maintain proper records of its
transations in a form that can enable an opinion to be expressed
on its financial statements or where the client specifically
requested for our services we assist in compiling and updating
the following books of accounts: |
- General Ledger
- Sales and Debtors Ledger
- Purchases and Creditors ledger
- Petty Cash Book
- Stock Records
- Any other record that may be necessary
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| GENERAL PRACTICE |
This department handles the following professional services: |
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| >> INTERNAL AUDIT CONSULTANCY SERVICES |
- Design and installation of internal audit processes in line
with the internal control features relevant to the client’s
needs.
- Preparation of relevant operations manuals for the efficient
and effective maintenance of high quality internal control of
the client’s business.
- Establishment of in-built checks and balances for daily monitoring
and supervision of finance and accounting functions.
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| >> BUSINESS ADVISORY SERVICES |
We offer: |
- Business advisory services on the sustainable relationship
with our client’s bankers and other stakeholders.
- Professional advice on the optimal mix of banking facilities
suitable for the client’s funding requirements.
- Advice on way to reduce running costs in order to maximise
profits
- Provide guidance on various methods of investing funds that
are surplus to client’s immediate requirements.
- Review of the account, charges interest, miscellaneous debits
and credits.
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| >> CORPORATE PLANNING SERVICES |
This division assist clients in the following areas. |
- Preparation of annual budget and other financial projections
both in the short and long run.
- Assist clients on how to operate efficient and effective budgetary
control system suitable to each client’s needs.
- Preparation and management of business cash flow projections
and very accurate, reliable and efficient monthly reconciliation
of same for the purpose of annual reports and accounts.
- Construction of accurate and reliable Fixed Asset Register.
- Design and implementation of flexible and standard identification
code for the fixed assets of the client.
- Fixes asset enumeration.
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| >> OTHER SERVICE RENDERED BY THIS DIVISION
ARE: |
- Investigations
- Reporting Accountants Assignments
- Computer Audit
- Recruitment & Liquidation
- Debt Recovery Services
- Receivership
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| MANAGEMENT CONSULTANCY SERVICES |
This department is in charge of: |
- Management accounting and information systems design and implementation
- Computerised Information Technology
- Feasibility Studies Preparation
- Market Surveys
- Executive Selection
- Personal Studies.
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