Adenusi & Company - Our Services

So far, we have succeeded in not only attaining but surpassing the expectations and targets of our numerous clients with services provided by our firm. This in turn has contributed in no small proportion to the realisation of the corporate goals of our client. Our services include:

AUDITING AND INVESTIGATION

(i) Statutory auditing in compliance with the Companies and Allied Matters Act 1990.

(ii) Auditing and Investigation tailored to meet the needs of various businesses, enquiries and probes; and various investigation panels.

(iii) Management Audit – to enhance administrative and Financial/Accounting efficiency, improve overall performance and
enhance corporate goals and objectives.

TAXATION

(i) Tax advisory and planning for corporate bodies, individuals and Government at all levels.

(ii) Preparation of tax computation, filing of tax returns and obtaining of Tax Clearance Certificates (TCC) for businesses and individuals.

(iii) Tax Negotiation – of tax matters with the relevant Tax Authorities.

ACCOUNTING SERVICES

(i) Daily and periodic writing up the books of accounts. Clearing back log of arrears of periodic accounts with or without the client’s staff and the training of the client’s staff in the technicalities involved in providing up to date accounting and financial statements both statutory and management.

(ii) Periodic preparation of financial statements, together with relevant
schedules.

(iii) Designing and installation of financial accounting and cost accounting systems.

( iv) Valuation of business (assets and liabilities) for the purpose of acquisition, merger, or the issuing of prospectus etc.

( v) Accounts segmentation

* Cash book balance and Bank balance reconciliation.
* Customers’ and Suppliers’ accounts reconciliation.
* Physical stock taking and stock control.
* Assets registration and verification.

ESTATE MANAGEMENT

We offer our services as Executors and Trustees or as Co-Executors and Co- Trustees; this will enable us to ensure compliance with the Testator’s wishes.
Some of the advantages of our Estate Management services are:
To help minimize the burden of income tax, capital gains tax and capital transfer tax on affected clients.

COMPUTERISATION OF ACCOUNTING SYSTEM

We provide supply and installation of computerised Accounting System, which include development, marketing and support of hardware and software solution for organisation.

Our range of services includes:
* systems consultancy services
* software development
* computer education and computer training

Many of our experienced staff have worked with various computer companies giving them practical experience of our customers’ needs.

INSOLVENCY MATTERS AND ESTATE MANAGEMENT

(i) Acting as Managers, Receivers and Liquidators in insolvency cases.

(ii) Carrying out valuation of companies in sales, acquisition and mergers.
We also offer our services as Executors and Trustees or as Co-Executors and Co-Trustees; this will enable us to ensure compliance with the Testator’s wishes. Some of the advantages of our Estate Management services are minimising the potential burden of income tax, capital gains tax and capital transfer tax on affected clients.

MANAGEMENT CONSULTANCY

Our well-equipped Management Consultancy Services Unit is able and willing to avail you of the following services:

(i) Preparation of feasibility studies, business
plans including cash flow analysis,
and financial requirements for presentation to Bank and other lending houses.

(ii) Assisting in the determination of management
structure, executive search and recruitment.

(iii) Projects and investments appraisal and review.

(iv) Budgeting, strategic and long term corporate planning.

(v) Complete Management of existing business concern over a specified period of time with a view of turning it into a solvent and highly profitable.

CREDIT MANAGEMENT

Our Credit Management Unit is poised to assist you in the areas of helping to reconcile your accounts with your Suppliers (Creditors) and your Customers (Debtors). We could also go on to help you to recover your outstanding debts.

MANPOWER TRAINING & DEVELOPMENT

Our Manpower Training & Development Section organises In-plant seminars and courses for Management Executives of organisations.

We have in the past run finance, accounting, auditing and management courses for big organisation viz. NITEL, NTA, Office of the Accountant General of the Federation, Federal Ministry of Transport, Consteng Ltd., etc.

BANK CHARGES, COMMISSION, UNAUTHORISED DIRECT DEBITS AND INTEREST ALLOWED AUDIT

Our experience in the past has shown that some banks use various techniques to side
track the Bankers Tariff and the Central Bank of Nigeria Monetary Guidelines to
siphon Customers’ funds. We have therefore been able to recover huge amounts for our clients.

Our Fees on this special audit will be 45% of the amount recovered for your organisation.

This is however open to negotiation.

REVENUE GENERATION DRIVE

We have in the past been engaged by some State and Local Governments on accelerated revenue generation programmes, which had yielded substantial additional revenues to such agencies, and we are delighted to place the same and other related services at your disposal

A comprehensive proposal and methodology of any of our services will be made available to you upon request.

OUT-SOURCING

This is a complete range of services provided by our firm to suite our clients Financial and Consultancy needs. These services include Accountancy, Taxation, Auditing, Management Consultancy, Financial Consultancy e.t.c. We are indeed your “one stop financial service” provider.

These services are tailored to meet the needs of clients that cannot brace up with the logistics and cost required to engage the services of a full time professional to manage their affairs. In order to bridge this gap, we take up the challenge of providing clients with first class services ably supported by a high level professional expertise from diverse faculty to meet up with the expectation of our clients.

DUE DILIGENCE SERVICES

This is a complete range of services provided by our firm to suite our clients who are Potential acquirers of target Company or its assets for acquisition We provide clients with external audit skills to perform due diligence activities. We have the capacity to provide entire support team tailored to your needs to be coordinated by one partner, your single point of contact. Depending on your needs, we can enlarge the due diligence support team with experts in diverse areas to meet your requirements. For example, in cross border transactions PrimeGlobal independent member firms in over 85 countries are willing to provide local expertise wherever your business takes you. As a fully integrated multi disciplinary firm we can enlarge the service with experts in following domains: Direct and Indirect tax (FIN 48 Review) Environmental Social Pensions Legal Corporate Finance IT Post – merger integration.