Audit & Assurance Services

Audit & Assurance

Audit & Assurance

We help companies improve their corporate reporting and provide assurance that their systems are operating effectively within a well-controlled environment.

We act as external auditors to various companies and organizations. We ensure that our audit quality complies with changing regulations and standards.
We adopt effective audit methodology that facilitates and enhances audit quality

Asset management is a key element of any business as each organization establishes its own unique structure and configuration for physical assets.
Our experience shows that good fixed asset management is not just about having the right software as assets can be moved to new locations, replaced, swapped and removed for repairs which makes tracking those transactions very difficult.

We provide:
• Fixed asset management process review
• Physical asset auditing
• Fixed asset verification

Our Audit & Assurance team has a high level of technical skills and professionalism to provide the basis for a good audit, which improves the reliability of information used by investors and other stakeholders.

We have extensive experience providing comprehensive and easily understandable expert opinion, from a credible experienced team to assist our clients in delivering the best defense during a litigation.

Our areas of expertise include but are not limited to:
• Anti-corruption investigations
• Financial reporting and disclosures assessment
• Financial investigations
• Forensic due diligence
• Internal investigations
• Money laundering analysis and remediation
• Internal controls assessment and remediation

We also carry out the required financial due diligence activities in cases of mergers and acquisitions.

Our Audit & Assurance team helps organization enhance the effectiveness, efficiency and quality of their internal audit function

• Internal audit outsourcing
• Internal audit co-sourcing
• Internal audit sourcing services
• Internal audit health check

Latest Posts

CLAIM ON TAX TREATIES & CHANGES IN WITHHOLDING TAX RATES WITH TREATY PARTNERS

Prior to the FIRS Circular No: 2022/15 (“The Circular”) of 11th May 2022, there has been a unilateral reduction of WHT rate to 7.5% on dividends, interest, and royalties paid to treaty partners.

June 20, 2022
FILING OF ANNUAL RETURNS, A MANDATORY STATUTORY REQUIREMENT?

The procedures for filing annual returns for the various companies/entities are almost similar, however the procedures and requirements may differ as it relates to each individual entity

November 24, 2021
FIRS Issues Guidelines on Simplified Compliance Regime for Value Added Tax (VAT) for Non- Resident Suppliers

FIRS stated that these guidelines serve to act as a point of reference and guidance for the public, tax practitioners and taxpayers.

November 22, 2021