7 Core Management Skills for Business Growth. Management skills are sets of skills, which Managers needs to effectively and efficiently requires to direct the path of an organisation to success. They are nearly anything that enables you to manage others…
Know About Capital Gains Tax in Nigeria. Capital Gains Tax (CGT) is a tax imposed by the government on a profit from the sale of property or an investment. This tax is imposed when individuals or an organisation part with…
Finance Acts 2019 Keynotes This Finance Acts 2019 Keynotes is an x-ray of the new Finance Law, guiding the fiscal policy of the country. Objectives of 2019 Finance Law To set the tone for Nigeria’s fiscal policy for 2020. To…
Annual Returns Deadline for 2023 State Internal Revenue Services in Nigeria has issued a public notice on the filing of annual returns deadline for 2023. This public notice on the filing of annual returns. is inline with the relevant provisions…
The Federal Inland Revenue has issued a 7 days deadline to tax defaulters in Nigeria. The FIRS informed all taxpayers who are in default of payment of taxes to pay up. Individuals, partnerships, enterprises, corporate organisations, Ministries, Departments and Agencies.…
Employee fraud is a significant problem faced by organizations of all types, sizes, locations, and industries. While we would all like to believe our employees are loyal and working for the benefit of the organization. There are still many reasons why…
We wish you a very prosperous and fruitful new month. At SOW professional, we create edge for businesses. Contact us for your Tax Management, Audit, Management and Business Supports, We can also use our digital know how to improve your…
1. INTRODUCTION In order to avoid the challenges of Tax and Penalty, it is imperative for both organisations and individuals to understand what is available. Section 2 and schedule 1 of Federal Inland Revenue Service Act, 2007 empowered Federal Inland…
A cost-benefit analysis is a tool used by Management of businesses, to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action. Some Consultants or Analysts…
Importan
ce of Sensitivity Analysis
Sensitivity analysis is the study of how the uncertainty in the output of a mathematical model or system can be divided and allocated to different sources of uncertainty in its inputs. It can also referred to as “what-if” or simulation analysis. It is a way to redirect the outcome of a decision given a certain range of variables. By creating a given set of variables, an analyst can determine how changes in one variable affect the outcome.