OUR RANGE OF SERVICES
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:
 
AUDIT PRACTICE
This comprises the following:
 
>> 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.
 
>> 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.

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.
 
>> 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
 
 
GENERAL PRACTICE

This department handles the following professional services:

>> 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.
 
>> 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.
 
>> 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.
 
>> OTHER SERVICE RENDERED BY THIS DIVISION ARE:
  • Investigations
  • Reporting Accountants Assignments
  • Computer Audit
  • Recruitment & Liquidation
  • Debt Recovery Services
  • Receivership
 
 
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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