What Is Financial Accounting? Financial accounting is a specific branch of accounting involving a process of recording, classifying, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the…
ROLES AND ADVANTAGES OF PENCOM IN NIGERIA The National Pension Commission (PENCOM) started the issuance of Pension Clearance Certificates (PCC) to organizations in 2012. The PCC is evidence of compliance with the PRA 2014 and a prerequisite for all suppliers,…
The Role of the NUPRC in Nigeria Nigerian Upstream Petroleum Regulatory Commission (NUPRC) formally known as Department of Petroleum Resources (DPR) is the body that has the statutory responsibility of ensuring compliance to petroleum laws, regulations and guidelines in the…
NIPEX FUNCTIONS AND IMPACT IN NIGERIA NIPEX FUNCTIONS AND IMPACT: NipeX (Nigerian Petroleum Exch ange) is an electronic one-stop transaction centre, that improves on value procurement in the oil and gas industry and institutionalize world-class contracting processes in Nigeria. The…
SCUML Registration Categories for Nigeria Business SCUML Registration Categories in Nigeria is important for Businesses that falls under the EFCC Classification. SCUML stands for Special Control Unit Against Money Laundering and it is issued by the EFCC (Economic and Financial…
What is Digital Transformation? Digital transformation is the process of leveraging digital technologies to fundamentally change how businesses operate, deliver value to customers, and stay competitive in the digital age. It involves adopting digital tools, processes, and strategies to streamline…
What is Industrial Training Fund (ITF) In Nigeria, the Industrial Training Fund (ITF) stands as a beacon of hope for individuals seeking to enhance their skills in various industries. Established under the Industrial Training Fund Act of 1971, the…
Tax Consultant in Abuja We are tax consultant in Abuja, Nigeria, with wide range experience in tax management. As tax consultants in Abuja, Lagos, Portharcourt, Warri and other cities in Nigeria, our tax services are categorized under two broad headings…
HOW TO PREPARE FOR ANNUAL AUDIT A financial audit is an independent examination of financial information of an entity by a qualified professional to express an opinion and ensure that there is no material misstatement. A financial audit includes an…
Audit Services in Nigeria Audit is an independent examination and expression of opinion on the financial statements of an enterprise by an appointed auditor in pursuance of that appointment and compliance with any relevant law and regulation. Whenever a fiduciary…