Management Audit
Statutory Audit
Assurance services
Tax Planning & Compliance
Corporate Income Tax
Commercial Tax
Personal Income Tax
Other Tax
Management Consultancy
Financial Management
Corporate Secretarial Services
Risk Advisory
Accounting Advisory
Internal Audit Risk and Compliance
Business Valuation
Due Diligence
We are providing of bookkeeping & maintenance of accounts, ledgers, preparation of bank reconciliations, extraction of trial balance and preparation of Financial Statements, who will handle your daily, monthly, quarterly and annual reporting with Accounting Software.
Preparation of financial statements are play on vital role in determining of business financial and the third-parties benefit. The financial statements can show tracks spending by determining how the Company generates cash, where the money comes from and how it uses the money and it will helps make informed decisions useful for annual reports, which are crucial to investors and lenders.
We are prepared regarding with International Financial Reporting Standards ( IFRSs) or International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs).
Throughout history, business have needed to record their transactions and measure results. Current national and international audit standards, however, are more exacting than ever. Global competition and risk exposures also requires all business entities to be build on solid foundations with effective management structures. Accordingly, we believe that our audit should provide value to our clients by focusing on information flow that helps them benchmark the performance rather than just a set of audited financial statements.
We believe that the success of any audit we carry out is dependent upon:
All audits are carried out as per the firm’s Audit and assurance procedures manual, which is based on International Standards on Auditing. Our audit approach is principally risk-based, and focuses on obtaining an understanding of the scope of the assignment, and developing an audit strategy to achieve the set audit objectives.
A high level of partner involvement in each audit understanding gives a sense of security and a regular contact to deal with the client.
In this way, we can help achieve the greatest value by focusing on specific needs and by relying on the understanding of the business.
Tax advice and planning are of universal business importance, ensure that the tax burden is no higher than it should be. The growing complexity of tax regimes and constant changes to tax laws, rules and regulations, however make it almost impossible for any individual to keep pace with the evolving world of international taxation.
Our tax division recognized that taxation constitutes a major business cost, is able to provide advisory, agency and tax compliance services in areas of income and corporate income tax, commercial tax, special goods tax, withholding tax, personal income tax and others direct and indirect taxes. Our tax team has a reputation for creative solutions tailored individually to meet the client needs.
AKO Audit Firm offers a range of tax services to assist our clients.
We deliver business solutions to the widest range of industries;
Long Term Business Planning:
Formulating a business plan using a bottom-up participative approach; detailing the organization’s mission, objectives & goals, and strategies for achieving them; Setting out both financial and non-financial parameters in which the business will operate.
Business Profitability & Cash Flow Management:
Preparation of costs, revenue and cashflow projections, financial and variance analysis, product costing, inventory controls, design of purchasing systems, and formulation of growth strategies. The aim is to reengineer the data structures and processes that generate management information, focusing on cost reduction and identification of non-performing units.
Review, Design & Documentation of Policies & Procedures:
Review of the company’s operational policies and procedures, advising on industry best practices and documentation, and facilitating implementation by providing appropriate client training.
Design of Accounting System:
Setting up financial and cost accounting systems, effective treasury systems and management of trade receivables and payables.
Careful and innovative financial thinking is the strength of any organization’s business strategy. As a sparring partner, we provide a broad range of advice to our clients.
Business Valuation:
Valuing business and their individual components. The type of valuation depends on the nature of the exercise such as acquisition, restructuring, shareholder buyout, tax appeal or litigation.
Due Diligence:
Involves an independent verification on a merger or take-over of the financial, legal and functional aspects of a business to provide assurance to the merging party or the party taking over on the current state of the business.
Financial Disputes, Investigation & Arbitration:
Qualification of losses due to fraud, corporate irregularities, insurance claims and litigation. Advising on how to minimize disruption and cost of disputes. Setting of disputes outside the court process.
Our secretarial division provides a wide range of company secretarial services including:
