Category: News

25

Apr2016

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

16

Feb2016

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

31

Aug2015

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

18

Aug2015

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

14

Aug2015

Using Risk Management to Respond to CRISIS

    When a crisis hits your organisation, how will you find out about it as a board member? Through employees, customers, or maybe virally through social media? Hopefully though, your organisation has a well-prepared and well-rehearsed crisis plan, in which case you will most likely learn about the facts of the crisis ... Read More

16

Jul2015

Risk managers, CIBN partner on certification

    FROM next year, the Risk Managers Association of Nigeria (RIMAN), partnering the Chartered Institute of Bankers of Nigeria (CIBN), will be awarding Risk Management Certification to practitioners and others aiming to build a career in the field. This followed the signing of ... Read More

16

Jul2015

Corporate governance for NGOs not for tax purposes, says FRC

  The Financial Reporting Council (FRC) of Nigeria has affirmed that the inclusion of not-for-profit Non Governmental Organisations(NGOs) in the National Code of Corporate Governance (NCCG) in the country is not for taxation purposes. Speaking at the public hearing in Lagos on the NCCG for NGOs over the weekend, the Chairman of ... Read More

14

Jul2015

Automating Regulatory Risk Compliance

      No one organisation exists in a vacuum, rather they exist and interact with other similar and different organisation within the same business and regulatory environment.  This relationship triggered by the fallout of the global financial crisis has brought the importance of ... Read More

02

Jul2015

Corporate Risk Management; Nigerian Perspective

Corporate Risk Management; Nigerian Perspective Nigeria is not exempted from the current volatility, uncertainty, complexity and ambiguity in the world today and the importance of risk management cannot be over emphasized especially with the consequences of deficit economy that we are currently ... Read More

22

Jun2015

Pictures from the 3 Day External Audit Training course 2015

   ... Read More

Outrageous Compliance

We recently had an insightful IFRS Webinar led by Abiola Fajimi FCA and Babatunde Abimbola ACA, focused on key aspects of IFRS and its application.
Key topics discussed include:

  1. IASB Conceptual Framework & IAS 1: Presentation of Financial Statements
  2. IAS 8: Accounting Policies, Changes in Accounting Estimates, and Errors
  3. IFRS 15: Revenue from Contracts with Customers
  4. IAS 21: Effects of Changes in Foreign Exchange Rates
https://youtu.be/_A6xZTnimRA