Professional Services
Our firm renders assistance to its clients regarding accounting matters; these include but are not limited to:
- General accounting and book keeping
- Setting up of accounting and internal control system, backed up by comprehensive and easy to use manuals
- System reviews and implementation
- Development of accounting policies in consonance with Standard
- Accounting Practice and Legislation
- Preparation of financial statements
- Analysis of information system including budgetary control, Cash flow and profit forecasts
- Financial management/preparation of proposal for financial assistance
- Design & Procure Accounting Software like Sage, Peachtree, Palladium, BusyWin Accounting, e.t.c.
- Review, design and implementation of accounting system, stock control, office organization and methods
- Profitability Studies and analyses
- Development and documentation of accounting/procedural manuals
- Design of Accounting Networks and Security
This method facilitates analytical review of financial statements of clients. We provide internal audit services to help companies assess business risk and controls and improve business process performance.
The essential elements are outlined below:
- Review of internal control system
- Review of bank statements & financial transactions
- Evaluation and testing of identified controls
- Ensure staff strict compliance with organizational policies & procedures
- Based on the adequacy (or otherwise) of existing controls, determine level of substantive audit tests
We are obliged to ensure that our clients remain afloat in their businesses, our financial & management services therefore cover:
- Business plan & budgeting
- Inventory planning & controls
- Working capital management & controls
- Strategic financial planning
- Facility management & controls
- Cost reduction & control strategies
- Credit management & controls
- Fund sourcing
- Corporate restricting
- Business performance Analysis
- Information Risk Management
- Due diligence reporting
- Preparation of private placement memorandum
- Corporate and financial planning
- Capital restructuring
- Feasibility Studies
- Financial advisory
- Merger and Acquisition
- Reporting Accountants
This is one of the principal services Michael Ogundele & Co. renders to its clients in conformity to International Accounting Standards and Generally Accepted Accounting Principles, the core areas are:
- Statutory Audit
- Due Diligence
- Variance Analysis & Reporting
- Special & Fraud investigation
- Business & Stock Valuation
We develop the capacity utilizations of our various clients by providing:
- Manpower planning & development
- Executive recruitment & selection
- Human resources policies
- Job evaluation & rewarding systems
- In-house job training
- Employee code of conducts & business ethics
- Computer training programmes
- Accounting software installation & training programmes
We offer tax advice to individuals and corporations. We also carry out compliance aspect of taxation by assisting clients to prepare tax returns and agree the emergence tax liability with the relevant tax authority
- Our tax planning services include:
- Filing of annual return
- Computation of tax liabilities
- Registration of company for various taxes
- Liaison with relevant tax authorities
- Tax planning & administration
- Handling of Statutory Payments
- Payroll and Employee Tax Management
- Forensic Accounting and Reporting
- Fraud Examination and Investigation
- Discovery and Recovery Excess Bank Charges
We cover the under listed services for our valued clients:
- Processing of company incorporation certificate
- Filing of appropriate returns with CAC
- Payment of stamp duties
- Share capital increase
- Certified true copy of statutory documents
- Acceptance Certificate for the fixed assets purchased