blogs

Audit Management Software in Nigeria

It is common knowledge that companies that do not take auditing records seriously are positioning themselves for ominous compliance implications. Truly, servicing clients and managing employees can be tasking, yet, good records management should not be taken granted. With Audit Management ... Read More

NIGERIA HAS A NEW NATIONAL TAX POLICY

  The Federal Executive Council, the highest Executive decision making organ in Nigeria just approved a new National Tax Policy for the country. The policy will now be endorsed by the National Economic Council to recognize the Federal System of Government given ... Read More

REGULATORY COMPLIANCE: Short term pain for long term gain

With the current economic realities in Nigeria, it is evident that most organizations cannot withstand regulatory punches - yet, myriads are incessantly falling victims of such. In 2015/2016 alone, regulatory tides were against large corporations that were fined over N1billion due to ... Read More

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

Audit Management Software in Nigeria

https://youtu.be/_rIJg5mpQTk

Taxes are established by law in Nigeria. Such tax must have been passed into law through enactment of relevant statute (Act, By-law, decree among others). The tax law establishes the administrative body and specify its tax jurisdiction. Tax structure in Nigeria is tailored towards Nigerian governance hierarchy (Federal, State and Local Government).

JOIN OUR FREE NEWSLETTER