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Nigeria
Aekley Solicitors
An annual return is a mandatory requirement that must be complied with by every registered company, business name or incorporated trustee in Nigeria. The return is a statutory document...
Andersen in Nigeria
I vividly remember six years ago when I received a call from a former colleague that someone wanted to meet with me to discuss a business opportunity. At the time, I was an Associate...
Mazars
Auditing fair value measurements can be daunting due to the high level of uncertainty involved.
Mazars
Business entities have many objectives, including making a profit and, to a large extent, maximising stakeholders' interests. Business risks such as a harsh business environment,...
Mazars
Sustainability reporting is the disclosure and communication of Environmental, Social, and Governance (ESG) goals of an organisation...
Mazars
Revenue from sales activities serves as one of the essential sources of a business working capital; therefore, the company is required to manage its accounts receivable arising from credit sales effectively.
Mazars
More than ever before, financial statement users are relying on the judgement and opinion of auditors to make calculated decisions.
Mazars
This article aims to change the public's perception of the value of the external auditing exercise significantly, how the audit methodologies provide more value-added benefits to businesses...
Mazars
Many organisations have had to embrace virtual working thereby reducing access or completely shutting down their offices due to the enforced COVID-19 lockdowns.
PwC Nigeria
On 30 June 2020, an Inter-Ministerial Committee for the Audit and Recovery of Back-Years Stamp Duties (the committee) was inaugurated and the Federal Inland Revenue Service (FIRS)...
LeLaw Barristers & Solicitors
Auditing is a mandatory process carried out by a company on its financial statements in order to get an unbiased and independent audit opinion of the financial position of the company.
Andersen in Nigeria
On 27 February 2020, the National Information Technology Development Agency (NITDA) notified all Data Protection Compliance Organisations (DPCOs) that Data Controllers, Data Processors and...
Taxaide Professional Services Ltd
The recent revenue drive arising from fall in oil prices and the need to diversify Nigeria's revenue away from oil to non-oil sources, such as taxation, has led to increase in the frequency of tax audits and investigations ...
Banwo & Ighodalo
On July 24, 2014, the International Accounting Standard Board ("IASB") launched the International Financial Reporting Standard 9 ("IFRS 9")
AELEX
The Federal Inland Revenue Service (‘FIRS'), recently introduced new measures to improve the experience of taxpayers during tax audits.
Deloitte Nigeria
The Federal Inland Revenue Service (FIRS), on 30 April 2019, notified the public that it has introduced new measures to simplify and ease tax audit experience for all taxpayers.
Andersen in Nigeria
It is therefore important that taxpayers are prepared and equipped to effectively manage the TP audit process.
Deloitte Nigeria
There is wide debate around the impact that advances in technology in this disruptive era will have on the scope and relevance of the audit of the future.
Deloitte Nigeria
As with any new IFRS implementation, board oversight at an early stage and on an ongoing basis is critical. In order to ensure an effective and efficient implementation process, it is imperative that the board remains engaged in this process and sets the tone for the entity.
Deloitte Nigeria
When an asset is being sold individually, IFRS 5 applies only if it is a non-current asset. When a group of assets is being disposed of in a single transaction, the classification and presentation requirements...
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