Nigerian capital market authorities have created a new platform for listing of newly established companies and small and medium enterprises (SMEs). The new window allows SMEs and newly established companies, to list their shares and raise capital through the stock…
A strategic plan document is typically the result of the strategic planning process. It is a stepping-stone towards strategy implementation and offers a road map for accomplishing your business' strategic goals. Rather than being fixed in stone, your strategic plan…
The Federal Inland Revenue Service, FIRS hopes to pull in about N750 billion from about 55,000 defaulting taxpayers, Executive Chairman, Tunde Fowler said today in Abuja. Fowler on the 24th of April 2019, told the House of Representatives joint committees…
Preamble Bank reconciliation is the process of matching the balances in an organisation’s accounting records for a cash account to the corresponding information on a bank statement. The objective of this is to ascertain the differences between the two, and…
Taxes/Taxation in Lagos Nigeria is a means by which governments finance their expenditure, by imposing charges on citizens and corporate entities. It is as a way of making individuals, persons and companies contribute to growth and development of a country,…
Definition An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how the financial statements, as well as non-financial disclosures present a true and fair view of the organization. Objectives of Audit…
Strategic planning is a process set by organization to guide the day-to-day decisions and also for evaluating progress and changing approaches when moving forward. It is a system that helps you set an ambition for your business' future and determine how…
The complexity of managing several units of business today is becoming enormous and laborious, unfortunately, brain drain, high cost for SMEs to get competent personnel and other issues to manage this challenges are causing barriers to solve these issues.…
The Federal Inland Revenue Service (FIRS) has withdrawn on its directives to freeze tax defaulters accounts in banks. This was as a results of complaints and protests by Nigerians and industry specialists, the Agency has written to banks, advising them…
Nigeria’s Federal Inland Revenue Service (FIRS) shut down nine companies in Lagos this week for owing taxes to the tune of N199.4 million. A statement by the FIRS spokesperson said the following companies are shut for cases relating to tax…