Services
Statutory and Private Audit Service
As a result of technological advancement and changing global economy, requirement of today’s audit and attest services is different from the traditional approach and reporting format. Though the word “Audit” remains an independent service that enhances the credibility of assertion and information used by investors, stakeholders and general public, the approach, experience and expertise of firm concerned have the capacity to affect the credence and quality of such report and assertion.
Outsourced Accounting Service
As a business owner you are the expert in your field, as EOC is the expert in financial services. We offer customizable services on either a long term or temporary situation depending on your needs.
Our outsourced accounting services will help your business by ensuring the continuity and accuracy of financial records; this allows you to focus
Tax Preparation Planning and Consulting
Whether it be for an individual or a company, keeping up with the ever-changing tax code can be a monumental task. EOC continually calls on their vast resources to provide individuals, companies, trusts and tax-exempt entities accurate and timely information in preparing tax returns and developing future tax strategies.
Our goal is to provide you with recommendations and strategies within the law’s guidelines to help build your net worth and reduce your tax burden.
Tax Planning
Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars. Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
Tax Audit Representation
Nothing strikes fear in the hearts of people more than receiving a Tax Audit letter in the mail. Audit take significant time away from your business and family, requiring you to gather mounds of records substantiating each and every item reported on your tax return and develop a comprehensive understanding of tax law.
Rarely do our clients even have to talk with the FIRS/SIRS. We handle it all for you so that you need not take time off your business or job to handle the bureaucracy and paperwork of the FIRS/SIRS. No lost wages or business. You simply forward notification of an audit to us and we handle it from A to Z.
Accounting Services
A follow up team is also works with you to monitor the on-going performance and effectiveness of the programmes put in place.
EOC team of experts is specifically assigned to help you in the following areas:
• Book-keeping and Accounts.
• Review of Accounting Systems.
• Accounting System Development and Installation.
• Accounts Segmentation.
• Review and Installation of Internal Audit System.
• Fixed Assets Management.
• Payroll Services.
• Cash Management and Credit Control.
• Management Accounts and Reports.
• Stock Accounting and Management.
• Corporate Reporting Improvement.
Financial Auditory Service
At EOC, we have tested and trusted revenue experts and drivers to help you look inward for your internally generated revenue (IGR). You can now contact us for any of the following professional services.
• Assets and Payments Verification & Recovery.
• Revenue Generation Drive
• Audit of Bank Charges, Interest and unauthorised debit
• Wealth Advisory and Asset Management.
• Credit Management and Sources.
• Debt Management and Recovery.
• Project Monitoring and Evaluation.
• Reporting Accountants.
• Investment Management and Appraisal.
• Business Re-engineering and Restructuring.
• Mergers, Acquisitions and Disposals.
• Corporate Recovery and Bankruptcy.
• Receivership and Liquidation
Management Consulting
Management at all levels requires the right information for informed judgement. At EOC, we assign highly experienced Consultants with proven records in line management to adequately meet your needs in the following areas:
• Strategy and Operation.
• Human Capital.
• Information Systems Effectiveness Review.
• Due Diligence Studies.
• Value for Money Studies.
• Complete Management of Existing Business.
• Information Technology Advisory Services.
• Business Plan/Feasibility Study.
• Personnel Audits and Manpower Utilisation Reports.
• Project Management, Evaluation and Implementation Training.
• Expatriate Quota Approval / Returns.
• International Assignments.
• Outsourcing.
Forensic and Investigation
collections of documents.
EOC can conveniently assist you in:
• Obtaining documentation necessary to support or refute a claim.
• Review of the relevant documentation to form an initial assessment of the case and identify areas of loss.
• Examination for Discovery to review the testimony, assist with understanding the financial issues and to formulate additional questions to be asked.
• Investigate and analyze financial and non-financial evidence
• Review of the factual situation and provision of suggestions regarding possible courses of action
• Protection and recovery of assets
• Settlement discussions and negotiations
• Attendance at trial to hear the testimony of the opposing expert and to provide assistance with cross-examination Legal proceedings, including testifying in court as an expert witness and preparing visual aids to support trial evidence
• Litigation support
• Expert Testimony
• Special assignment and Investigation
Your Benefits
Business re-structuring will bring a range of benefits to your company and people, such as:
- A clear focus and sense of direction
- Reduced operating costs
- Increased available internal cash
- Improved, centralised cash management
- Improved returns from re-prioritised investments
- Improved control
- Restructured debts with the improved financial terms
- Improved management information to improve decision-making
- Better growth
- Better organisation of your people, increased leadership and staff motivation – better talent retention and
SUMMARY LIST OF SOME CLIENTS AND JOBS EXECUTED
| ORGANISATION (CLIENT) AND ASSIGNMENT NAME | SUMMARIES OF SERVICES RENDERED |
|---|---|
| JAWACH INTEGRATED SERVICES LTD As External Auditors for Audit of JISL's Financial Statements for 2019 to date As Tax Consultant for 2019 to date | Carrying out statutory annual audit of the Company in order to express an independent opinion on the truth and fairness of the Financial Statements and whether: • Proper accounting records have been kept by the Company: • The Company’s Statement of Financial Position and Income Statement are in agreement with the accounting records; • Whether all the information and explanations we considered necessary for the purpose of the audit have been obtained • The affairs of the organization were conducted in accordance with laid down procedures: • The policies and manner of operations follow and conform with best obtainable business practices: • Commensurate value is derived from all transactions. o Submission of final report and management letter Other services include: o Process of the Company’s Statutory document (Tax Clearance Certificate, Nigeria Social Insurance trust fund ECS Clearance Certificate, Pencom Certificate, Industrial Training Fund o Physical asset verification o Certificate) o Monthly VAT filling o Tax Audit Representation |
| 3U ENGINEERING CONSULTING SERVICES LIMITED As External Auditors for Audit of Company's Financial Statements for 2019 to date As Tax Consultant for 2019 to date | Carrying out statutory annual audit of the Company in order to express an independent opinion on the truth and fairness of the Financial Statements and whether: • Proper accounting records have been kept by the Company: • The Company’s Statement of Financial Position and Income Statement are in agreement with the accounting records; • Whether all the information and explanations we considered necessary for the purpose of the audit have been obtained • The affairs of the organization were conducted in accordance with laid down procedures: • The policies and manner of operations follow and conform with best obtainable business practices: • Commensurate value is derived from all transactions. • Submission of final report and management letter Other services include: • Process of the Company’s Statutory document (Tax Clearance Certificate, Nigeria Social Insurance trust fund ECS Clearance Certificate, Pencom Certificate, Industrial Training Fund Certificate, BPP) • Monthly VAT filling • Tax Audit Representation |
| J EDOKS ENERGY SERVICES LIMITED As External Auditors and Tax Consultant for 2022 | • Process of the Company’s Statutory document (Tax Clearance Certificate, Nigeria Social Insurance trust fund ECS Clearance Certificate, Pencom Certificate, Industrial Training Fund Certificate, BPP, DPR Permit, NIPEX Permit) • Monthly VAT filling • Tax Audit Representation Other services expected to be carried out include: Carrying out statutory annual audit of the Company in order to express an independent opinion on the truth and fairness of the Financial Statements and whether: • Proper accounting records have been kept by the Company: • The Company’s Statement of Financial Position and Income Statement are in agreement with the accounting records; • Whether all the information and explanations we considered necessary for the purpose of the audit have been obtained • The affairs of the organization were conducted in accordance with laid down procedures: • The policies and manner of operations follow and conform with best obtainable business practices: • Commensurate value is derived from all transactions. • Submission of final report and management letter |
| NNEVIVI NIGERIA LTD As External Auditors for Audit of Company's Financial Statements for 2013 - 2017 As Tax Consultant for 2013 - 2017 | Carrying out statutory annual audit of the Company in order to express an independent opinion on the truth and fairness of the Financial Statements and whether: • Proper accounting records have been kept by the Company: • The Company’s Statement of Financial Position and Income Statement are in agreement with the accounting records; • Whether all the information and explanations we considered necessary for the purpose of the audit have been obtained • The affairs of the organization were conducted in accordance with laid down procedures: • The policies and manner of operations follow and conform with best obtainable business practices: • Commensurate value is derived from all transactions. • Submission of final report and management letter Other services include: • Process of the Company’s Statutory document (Tax Clearance Certificate, Nigeria Social Insurance trust fund ECS Clearance Certificate, Pencom Certificate, Industrial Training Fund Certificate, BPP) • Monthly VAT filling • Tax Audit Representation |
