Audit & Assurance Services

We are committed to delivering high quality audit services designed to deliver real value and meet investor’s expectation which begins by expressing an opinion as to the accuracy, completeness and fair presentation of information as presented in your financial statement and disclosures.

We approach your audit with an in-depth understanding of your business, the industry in which you operate, and latest regulatory standards. The breadth of knowledge and experience across industries and sectors ensures our firm provide audit and assurance services tailored to the unique peculiarities your business and industry. We offer the following services:

• Statutory Audit
• Internal Audit
• Value-for-Money-Audit
• Forensic Audit
• Investigation
• Assurance and Confirmation
• Due Diligence

Generally, we are required to conduct our audit in accordance with International Standards on Auditing applicable in Nigeria. An audit includes examination, on a test basis of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of any significant estimates and judgments made by the Directors in the preparation of the financial statements, and whether the accounting policies are appropriate to the Company’s circumstances, consistently applied, and adequately disclosed.

Our work will be planned to enable us:

• Confirm our understanding of your accounting system in order to assess its adequacy as a basis for the preparation of the financial statements; and

• To obtain the information and explanations which we consider necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud, error, or other irregularities.

• Obtain information and explanations to confirm and report on non-compliance with laws and regulations in accordance with ISA 250 revised.

• Obtain information and explanations which we consider necessary to provide us with appropriate evidence in order to report on key audit matter in accordance with ISA 701.

However, this does not entail us performing detailed tests of transactions to the extent that would be necessary to disclose all defalcations and irregularities which may exist. Accordingly, you should not rely on our audit to disclose all such matters. The best safeguard against irregularities and fraud is a sound system of internal control and we will report to you from time to time on any significant weaknesses in controls which come to our notice, and which ought to be brought to your attention. The matters raised in any report to you are not necessarily a comprehensive statement of all weaknesses that exist or of all improvements that might be made.

The nature and extent of our tests will vary according to our assessment of the accounting system and the effectiveness of any internal controls on which we may place reliance. Our tests may cover any aspect of the business operations.