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The Federal Inland Revenue Service (FIRS) has withdrawn on its directives to freeze tax defaulters accounts in banks.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…
SMEs needs strategies to mitigate the year end challenges. Year end is a busy time for a whole host of reasons. Holidays, travel plans, family visits, unwinding etc. But as a small and medium business owner, there are even more,…
While it is very good and encouraging to start small, staying small without expansion is a threat to the going concern of such organization. The following tips and many others coming in this series will definitely help to ensure the…
A one man business is a business created by one person, run and manage by one person , usually the founder. Under business administration, one man business is equally referred to as Sole Proprietorship. One man business are usually created…
Every professional desire to attain the height of a Fellow in their Professional Association, little wonder the Director, Policy & Operations of Sow Professional Services Ltd, Wole Omofojoye and 35 other Management Consultants were in high spirit during their investiture…
Importance of Entrenching Corporate Culture in an Organisation The institution committed to the development and promotion of corporate governance, Society for Corporate Governance Nigeria (SCGN), held its 2018 annual conference with the theme: ‘Towards Sustainable Development: the Role of the Nigerian…