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WHAT WE OFFER
Services in Brief
Financial and management consultants work together at Ayinofu Emedo & Co. Serving both public and private corporations and organizations, the firm offers multidisciplinary, client-focused services.
AUDIT & ASSURANCE SERVICES
Ayinofu Emedo & Co. are primarily statutory auditors to both private and public organisations with a view to expressing opinion in certfying the true and fair view of the result of financial operations. We view independent audit as an integral part of ensuring that management is provided with reliable and accurate financial and management information through effective operation of financial controls. We discharge our professional assignments with high level integrity,confidentiality,independence and objectivity. Our approach to audit:
- Planning
- Reviewing systems of accounting
- Reviewing systems of internal control
- Obtaining audit evidences
- Reviewing financial statements
- Reporting findings
TAX SERVICES
Taxation services are the second element in the firm’s professional services to our clients. We do not only prepare tax computations for our clients,but also explore ways of legally minimising their tax liabilities. Our tax services include the following:
- Reviewing of tax provision.
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Preparation of tax computations.
- Dealing with Tax Queries
- Advising on tax matters.
- Assisting in income Tax Clearance.
- Tax Compliance and Planning .
ACCOUNTING SERVICES
Accounting is a vital function of any organisation.Accounting books and records must be sufficient to disclose with accuracy,the financial position of the company at a particular time. The basic need of a system is that it provide for the orderly assembly of accounting information to enable the financial statement to be prepared. A functional accounting system will enhance a smooth running of an organisation’s operations. We render the following accounting services:
- Design and install accounting System
- Provision of Regular Assistance
- Assisting In Accounting System
- Preparation of Accounting Manual
- Reconciliation of Bank statements
- Designing of Fixed Assets Register
MANAGEMENT ACCOUNTING SERVICES
We assist our clients’ business in areas of management accountancy. These includes:
- Design and installation of budget control System
- Design And Installation Of Cost Accounting Systems
- Installation of Cost control and Reduction programmes
- Cash Flow / Project Appraisal For Management
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Cash Forecast/Projection
System - Financial Projection For Purpose Of Obtaining Loan.
FORENSIC AUDITING AND rECOVERY OF EXCESS BANK CHARGES
We conduct recovery of excess bank charges,investigations/Forensic auditing where required, on specific or financial transactions to facilitate certain changes and to improve on existing situations . These includes:
- Investment Decisions
- Special Investigations
FINANCIAL ADVISORY SERVICES
Our corporate financial advisory and recovery services is well known in the marketplace for its expetise and experience. Key amongst the services are :
- Local Purchase Order (LPO)
- Identifying Attractive Investment Portfolios
- Preparation Of Feasibility Study/Report
- Preparation Of Business Plan
- Preparation Of Business Valuation Report
- Computation Of Interest Overdraft /COT And Other Bank Charges
HUMAN RESOURCES SERVICES
We assist clients in managing their human capital effectively. Our services include:
- Assisting in recruiting skilled and experienced staff for clients
- Personnel /Staff Audit
- Advising clients on human resources related matters
SECRETARIAL SERVICES
Our company secretarial covers the following:
- Registration of companies as required by CAMA, 1990
- Custody and maintainance of Statutory books in accordance with CAMA, 1990
- Preparation and Filing of statutory returns as required by CAMA, 1990
- Effecting changes in statutory documents such as share capital, Articles of Association and
- Memorandum of Association
CONSULTANCY SERVICES
Our consultancy services includes:
- Advice on organisation structure.
- Appraisal of clients operations and the review of effectiveness of its activties.
- Confidencial financial search on client’s contractors.
- Reconciliation of client’s remittance accounts.
- Other numerous consultancy services.
SOME MAJOR ASSIGNMENTS PERFORMED
- Adswitch Plc.
- Albarka Air Services Plc.
- Alcon Nigeria Limited
- Cutix Plc.
- Industrial Bags Nigeria Limited
- Internterlinked Technologies Plc.
- Independent National Electoral Commission
- Minaj Systems Limited
- Obosi Microfinance Bank Nigeria Limited ( Obosi MFB Limited)
- Samhays Limited
- EIL Telecoms Ltd
- Starcomms Limited
- Abekogold Limited
- Manuchar Trading House International Ltd
- Nigerian Insurers Association
- Diocese On the Niger, Onitsha
- Akokwa Microfinance Bank Nigeria Limited (Now Akowa MFB Limited.)
- N. N. Fems Industries Nigeria Limited
- Juddy-Bolema Industries Limited
- West Africa Theological Seminary, Ipaja-Lagos
- Waveline Growth Partners Limited
- FJ Polymer Industries Limited
- FJ Win Industries Limited
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CONSULTANCIES - Independent National Electoral Commission (INEC) (Audit of Kogi, ( 1998 – 2000)
- Nigerian Liquefied natural Gas Limited - Specialised Contractors Search
- Financial Due Diligence on GTI Insurance Co. Ltd.
- Depots Reconciliation for PPMC Remittances (Aba, Calabar,Enugu and Makurdi-year 2000-2002)
- Independent National Electoral Commission (INEC) (Audit of Borno, Adamawa,Yobe and Taraba , 2006 – 2007)
Our Experience, Skills & Expertize. Your Profit.
Time is one of our valuable assets.We offer quality services that meet up with the requirements of our client within reasonable time. The time spent on each assignment bears direct relationship with the operating environment and the efficiency of client’s staff and responsiveness of its management.
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We believe that the capability of a firm in handling any engagement is considered by the caliber of its professionals . Also, we are well placed to provide these services efficiently and effectively.
Audit & Assurance
All audits are planned by the audit management team after a careful consideration of the clients’ business activities and requirements leading to a clear definition of the audit objectives.Specific audit programmes are designed to accomplish these objectives.