1 Statutory Assurance Services (Statutory or External Audit)

This is an independent examination of and expression of an opinion on the financial statements of your enterprise. This service is popularly called ‘external audit’.

The above assignment will be carried out in line with the provisions of the Companies and Allied Matters Act Cap C20, Law of the Federation Nigeria, 2004 and other regulations and / or guidelines as well as relevant accounting standards, both international and local, as they affect your particular line of business will be borne in mind during the audit exercise.

Beyond all this, it is our standard practice to draw your organisation’s attention to those aspects of your business processes and procedures that we consider either inadequate or excessive or outright unsuitable.

Your annual audit report, as presented by us, would afford you multi-various benefits which include:

• genuine basis of negotiating your tax assessment with the Tax Authority;
• sound ground of appraising the enterprise financial and operational performance over the period covered.
• 2 Accounting / Consultancy Services

These services include but not limited to:

(i) Accountancy services:

This involves the maintenance of partial system of accounting for your enterprise where the strength of its cash position can neither shoulder an extensive accounting system nor a high level accounting personnel. Under this agreement we would designate our staff to monitor and keep record of your financial transactions in a form congenial to regular examinations.

• (ii) Designing of an accounting system

This is the whole arrangement for the orderly assemblage of accounting data and making of appropriate analysis for the generation of financial reports. Based on our understanding of the nature of your business, we would design for you a system of accounting whose significant features would consist of the following, amongst others:

A system of coding that ensures uniformity and sequential recording of your financial events;
• A system of internal controls that guarantees reasonableness and reliability in the day-to-day running of your affairs;
• standard records, books, accounts and any other form of documentation that are considered necessary to keep track of assets and liabilities;
• prompt and effective generation of management information for decisions;
• payroll system where you desire that your system be computerized, aside from catching the above features, we would ensure that there exist sound back-up criteria.

In all our system assignment, we attempt that our designs and final recommendations are as comprehensive as necessary and are as resilient as potential growth in your operations could be imagined in the industry.
Furthermore, a few of your accounting personnel would be inducted on the new system.

3 Outsourcing of Internal auditing functions

The Institute of Internal Auditors defines ‘Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Experience has revealed some inadequacies in the existence of and compliance with internal rules and regulations. This sometimes leads to direct financial losses on the company and non-compliance with relevant laws and regulation with the attendant consequences.

The outsourcing arrangement could be partial or total.

(i) Partial outsourcing:

This is done as collaboration between our firm and the company personnel with the objective of a take-over after an agreed period of time during which the company staff would have acquired sufficient knowledge and experience to enable them handle the internal auditing function effectively.

(ii) Total outsourcing:

As the name suggest, the internal audit function is wholly assigned to our firm and our personnel handle all the various internal auditing responsibilities and make report to management as agreed. This is generally for an agreed period with a renewal clause.

Irrespective of the workplace the Internal Auditor, the main responsibilities can be summarised into the following:
i.          Ensuring Good Corporate Governance;
ii.          Effective and efficient Risk management and
iii.         Ensuring the Internal controls frameworks of the company are working properly as it should, sufficient to enable the company meet her high and low level objectives.

4 Tax Management And Advisory Service

This is the incorporation of a sound tax effect into the overall planning system of your business and negotiations with Tax Authorities so that you carry the minimum tax burden obtainable.
The above exercise encompasses the following:

• Designing a good budgeting and planning system that would assist you in maintaining a predictable cash flow in spite of tax obligations on your business;
• Advising on corporate and personal taxes both for existing and new business;
• Ensuring that both the business and the owners are absolved from all liabilities / penalties resulting from non-compliance with relevant Tax laws and regulations.

5 Business Planning

Our Business Planning Services means an in-depth investigation into the report on the technical attainability, commercial and financial viability of your proposed business venture. Under this assignment, the following forms an integral part of our responsibilities and therefore the basis of our advice on your business proposal;

• an appraisal of both the existing and the potential market for the venture and suggestions on appropriate strategies for achieving a fair share of the available market;
• informed determination of the initial capital requirement and means of securing extra finance where your available contribution is found to be inadequate;
• expansive analysis of future financial results of the proposed venture based on our independent probing;
• an overview of the special technical requirement for the project and advise on the standard of management considered suitable for the fruition of the proposal;
• where you are involved a special guidelines and other legislations as they affect the business.

In all our Business Planning assignment, we ensure that you are put on a sound foundation that would afford growth in all its spheres.

6 Employees Placement

This is the search for appropriate calibre of employees to fill up existing vacancies in your business. These vacancies may have resulted from the withdrawal of your former hands or recent expansion in operations.
In the course of searching for requested employees, the facts stated below form the kernel of our approach;

• our employees search procedure can be selective Headhunt or Open Selection depending on the size of workers required by you and the available time within which these workers are needed;
• we would review your present organization structure to ascertain that there exist no anomalies which could manifest in high employee turnover or n some other form;
• it is our duty to place for you, employees whose background and social bearings are ideal for your sort of business and also to guide you on the scale of benefits commensurate with the employees’ evaluation;
• at the completion, we might consider it necessary to organize an induction/training programme for successful employees on added areas of responsibilities as we may have advised your business.

7 Manpower Development & Training (MD & T)

Our Manpower Development & Training service entails designing specialized educational programmes for the improvement of the skills and efficiency of certain categories of your employees. It will avail them the modern methods of techniques of running the affairs of the enterprise.

All MD & T programmes are essentially targeted at the middle and top-level management of your organization.

8 Company Secretarial Services

Our duties as company secretaries include:

Attending the meetings of the company and its board, rendering all secretarial services in respect of meetings and advising on complaints by the meetings with the applicable rules and regulations;
• rendering proper returns and giving notification to the Corporate Affairs Commission (CAC) required under relevant legislations;
• maintaining the register and other statutory records required to be maintained;
• carrying out such administrative and other secretarial duties as directed by the / Management Board of the company.