For many organizations, the perceived cost of implementing an ERP system is often the biggest barrier to taking the next step. However, what most businesses overlook is that the cost of not implementing an ERP is far greater and far more damaging over time. ERP has evolved from ... Read More
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By the time an audit report reaches the hands of shareholders, directors, lenders, regulators or other stakeholders, the most interesting part of the audit is already over. What they see may be only a few pages: the financial statements, the auditor’s opinion, the basis for that opinion and ... Read More
Effective tax rate (ETR) is commonly used to measure the tax burden of a company relative to its profits. While companies have historically considered ETR as a financial reporting and tax planning metric, the Nigeria Tax Act (NTA) 2025 gives the concept greater significance by introducing a statutory ... Read More
Capital allowance has always been one of the quiet workhorses of corporate tax planning in Nigeria — the mechanism that lets a company recover, over time, the cost of the fixed assets it buys to run its trade. With the Nigeria Tax Act (NTA) 2025 now in force ... Read More
Under the Nigeria Tax Act 2025For many Nigerian businesses, the ability to carry forward tax losses is one of the most valuable - and most misunderstood — reliefs in the tax system. It allows a company that made a loss in one year to offset that loss against ... Read More
Why documenting how work actually gets done is a governance and audit imperative, not a paperwork exerciseEvery organization runs on processes; how invoices are approved, how new suppliers are onboarded, how financial statements are closed. Most of these processes exist only in the heads of the people who ... Read More
An effective tax system requires proper tax representation and timely compliance. Nigerian companies are required to designate a representative or tax agent to manage their tax matters, while paid tax agents must be accredited and professionally qualified.Engaging an accredited tax agent can help businesses improve compliance, reduce errors ... Read More
Sage ERP Solutions for Small and Medium-Sized Enterprises
As SMEs grow, managing finances, inventory, sales, customers, suppliers, and other business processes can become increasingly complex. Relying on manual processes or disconnected systems can lead to errors, delays, and limited visibility.
Sage ERP ... Read More
Small and medium-sized enterprises (SMEs) play a significant role in economic growth, employment generation, and innovation. However, as businesses grow, managing financial transactions, inventory, customers, suppliers, employees, and other business processes manually or through disconnected systems can become increasingly difficult. Sage ERP provides tools that can help small ... Read More
GOVERNANCE & RISK ADVISORY Is Your Internal Audit Function Ready for Independent Quality Assessment?
An effective Internal Audit function is a cornerstone of sound corporate governance, robust risk management, and regulatory compliance. Boards and Audit Committees are increasingly expected to demonstrate that their Internal Audit function remains independent, effective, and aligned with globally accepted professional standards.Regulatory DriversFor CBN-regulated financial institutions, an annual ... Read More