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FIRS Tax Audit

FEDERAL INLAND REVENUE TAX AUDIT- How to Prepare For It Did you get one of those scary audit notices from the FIRS in your mailbox? Do not fret because you are not alone. It is a yearly practice for the Federal ... Read More

TAX LEGISLATION- An Overview Of The Capital Gains Tax Act

The Capital Gains Tax Act contains comprehensive guidelines on how Capital Gains should be taxed. It also included the terms, conditions, and clauses attached to their taxation. It is made up of 47 sections, with subsections embedded in them. It is however ... Read More

Qualities of a Good Auditor

An auditor, whether outsourced or internal must possess massive potential to be able to stand head and shoulder above his counterparts in terms of value provision. For auditors who do not possess these qualities, they cannot ride the wave of inefficiency for ... Read More

Various Taxes in Nigeria; what you should know

In plain terms, taxation has been described as a way of making persons, individuals and companies contribute to growth and development of a country, through payment of money via legalized levies according to their level of income or any other ... Read More

WHY OUTSOURCE YOUR ACCOUNTING SYSTEM

WHY OUTSOURCE YOUR ACCOUNTING SYSTEM Starting a business as an entrepreneur is because you had a dream. You saw a need or a problem common to many individuals or businesses, and you had an idea for a product that would meet ... Read More

Steps to get your start-up on track

Steps to get your start-up on track From fledgling startups to well-established ventures, companies today need to be ready to pivot as unpredictable markets could demand a shift in a business model. At times, it can seem difficult (even impossible) to weather these extraneous forces -- especially ... Read More

Outrageous Compliance

OUTRAGEOUS COMPLIANCE; RCSA Risk & Control Self-Assessments (RCSA) have become a handy tool to communicate to management, regulators and others that an organization has conducted an analysis of their risks to understand both the severity and likelihood of the occurrence of an event. Each ... Read More

Technology in Small Business

Today’s small business operate within the fastest moving commercial environment in history. While startups are in their early stages, the demand for technology are typically relatively basic. However these needs can expand quickly as the business starts to get traction and founders ... Read More

Effect of Human Resources Software on Your HR Department

Human resources software is one of the most powerful tools that you can invest in for your business. Functions range from the very basic to the incredibly complex, and no matter the type or size of your company you'll be able to find human ... Read More

Amendments to IFRS for Small and Medium-sized Entities (SMEs)

The IASB has issued amendments to the IFRS for Small and Medium-sized Entities (IFRS for SMEs), after completing its first comprehensive review of the standard. The objective of the review was to consider implementation experience and developments in full IFRS since IFRS for SMEs was issued in 2009 and make ... Read More

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FIRS Tax Audit

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