Blogs on risk, compliance, audit, accounting and HR matters

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Watch our Latest Video on Thank God Its Friday

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WHY YOU NEED A GOOD INTERNAL CONTROL SYSTEM

The human body works like every business system, how? For starters it is made up of different systems that work independently but are also integrated. The brain like the CEO runs the activities of the body. There is information flow, through the blood. Just as it is necessary for ... Read More

Thank God It’s Friday

Amazing video we got here!!!! You can ease up your weekend by watching our videos and reading interesting articles on pml advisory website. https://www.youtube.com/watch?v=Y65ca099A24

HOW TO IMPROVE YOUR BUSINESS USING SOCIAL MEDIA

Social media networks were a novelty 5 years ago, but today their importance is no longer debated. Yes, businesses have definitely realized the power of social media and accepted that social media marketing has to be part of their marketing and PR mix. In Social Media Examiner's 2013 End of ... Read More

Seven Steps to Implementing Knowledge Management in Your Organization

The information age has transformed the way organizations do business. It has also transformed the way they measure their return on investment (ROI). Today, to have a truly competitive, fast-paced business positioned for profit, success and long-term survival, it is critical to look beyond the physical assets of the ... Read More

A RISK STRATEGY FOR BUSINESS SURVIVAL

The global financial crisis which wrecked business continuity and survival all over the world came in the wake of failed risk management and corporate governance practice. While it could be admitted to a reasonable extent that some companies have strategic risk management policies in place, no stringent commitment was ... Read More

Audit Nigeria

In a conscious effort to enhance the oversight function of the management, the internal audit reporting system of an entity, among others, should not be underplayed. Successful enterprises in the corporate world are beginning to embrace the big picture of their business functions and processes through detailed attention towards ensuring ... Read More

IFRS (International Financial Reporting Standards)

1. IFRS adoption is compulsory for companies in Nigeria 2. IFRS Adoption is more than an accounting exercise. Processes and systems will be affected. 3. Do not change your system until the system impact is done 4. Board of directors need to be trained on IFRS 5. FRC say “no to external auditor serving as IFRS Consultant ... Read More

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