Resources

The Nigerian government designates certain industries as "pioneer industries" to stimulate economic growth, attract investment, and encourage the development of critical sectors. Companies operating within these pioneer industries may qualify for tax incentives...

The Deduction of Tax at Source (Withholding) Regulations 2024 outline the procedures, rates, and responsibilities for the withholding of taxes at source on various types of income under these Acts: Companies Income Tax Act (CITA), Capital Gains Tax Act (CGTA)...

Pioneer Status is an incentive scheme established by the Nigerian Investment Promotion Commission (NIPC) Act to promote investment in specific industries that are deemed crucial for the economic development of Nigeria. Companies that qualify for Pioneer Status...

Financial reporting in the hospitality industry involves the preparation and presentation of financial statements and related information to provide insights into the financial performance and position of businesses such as hotels, restaurants, resorts, and...

In Nigeria, construction companies can benefit from various allowable deductions and incentives for expenses incurred during the construction process. These typically include: Cost of Construction Materials : The cost of materials used in construction, such...

Regulatory bodies that govern the operations of Manufacturing Companies in Nigeria and how they operate to ensure compliance with their regulations. STANDARD ORGANIZATION OF NIGERIA (SON) : SON is responsible for setting industrial standards for goods and...

The African Continental Free Trade Area (AfCFTA) is a free trade area established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free trade area by number of member states...

Non-profit organizations typically structure their governance around a board of trustees, directors, or governors, depending on the terminology used in the organization's governing documents. The board of trustees usually consists of individuals with...

Construction companies account for revenue recognition under the percentage of completion method (PoC) by recognizing revenue based on the progress of a contract. Here's how they determine contract revenue, costs, and calculate the percentage of completion...

A free trade zone (FTZ) is a dedicated area within a country where foreign and local companies can import materials, manufacture goods, export products, and perform services without being subject to customs, tax, labour, and other bureaucratic regulations...

The objective of pension is to provide post-retirement monetary benefits for employees. In an ideal organisation, an employer offers a pension plan to each employee by setting aside a certain amount from their gross income, and that money grows over the years...

Green accounting, also referred to as environmental accounting or sustainable accounting, is a specialized branch of accounting that focuses on integrating environmental costs and benefits into financial reports and decision-making processes. It assesses the ...

Our training program is driven by an understanding that growth is initiated and sustained internally. Our training sessions are designed to increase the capacity and skill of your company’s workforce to ensure that they deliver on growth and expansion goals...