Are you disturbed by the manner your business transaction records are kept? You are worried and unsure that the books for your business transactions are not in order. Have you been subjected to the perpetual fear of the best of judgment by the tax authorities? You have been looking for a solution, but it looks … Read more
Businesses in the world today thrive due to the mutual understanding between the suppliers and the business owner in terms of the mode and methods by which transactions between them take place. In as as payment for transactions among business owners and suppliers is taking place, credit transactions are also part of the sales methods … Read more
CAC STATUS REPORT, as the name implies , is in constant demand by banks and many organizations. The reasons for this demand continue making people wonder about its use and what exactly a status report is made of. In our write up, we always tend to elucidate matters of surprise or ideas that are not … Read more
In taxation, tax investigation and audit are two important concepts. Tax investigation is the process by which tax authorities of a country reviews a company or individual’s tax affairs. It is carried out by a country’s tax authority. In Nigeria, it is the Federal Inland Revenue Service (FIRS) that carries out tax investigations. Tax investigation … Read more
Tax audit and compliance are two words that go together and are interrelated in as much as the field of auditing and taxation is concerned. Many clamour for the right process because of the lack of in-depth knowledge of the concept. In this write-up, we aim to broaden our readers’ minds on this concept and … Read more
The new business era requires every business owner to keep a proper accounting record so that the business will stand the taste of time. It is not uncommon to hear most especially in developing countries like Nigeria so many businesses going into liquidation because of lack of good accounting record. Some of these business owners … Read more