Search
Searching Content from Nigeria indexed under Accounting and Audit ordered by Published Date Descending.
Links to Result pages
 
1 2  
>>Next
 
Title
Country
Organisation
Author
Date
1
Legal Basis For Implementation Of The IFRS 9 Reporting Standard And Its Tax Implications For Nigerian Entities
On July 24, 2014, the International Accounting Standard Board ("IASB") launched the International Financial Reporting Standard 9 ("IFRS 9")
Nigeria
2 Oct 2019
2
TAT Says It Is Illegal To Impose Tax Based On Taxes And Levies Act Without A Primary Taxing Law; And An Assessment That Does Not Follow Due Process Is Invalid
The Tax Appeal Tribunal (TAT or Tribunal), in Polaris Bank v. Abia State Board of Internal Revenue has made pronouncements on a number of different tax matters including:
Nigeria
11 Sep 2019
3
FRCN Revokes Its Requirement For Regulatory Approval For Financial Transactions
The Financial Reporting Council of Nigeria (FRCN) has revoked Rule 4 of the FRCN Rules through a public notice (PN) dated 11 July 2019.
Nigeria
12 Aug 2019
4
NITDA Grants A 3-Month Extension To Data Controllers To File Their Initial Data Protection Audit Report
The National Information Technology Development Agency (NITDA) has granted a three-month extension to Data Controllers and Processors (organizations and entities who collect and process
Nigeria
5 Aug 2019
5
IFRS 9 Changes To Financial Assets Accounting And Its Tax Implications
This article explores some of the changes introduced by the new standard in accounting for financial assets and possible tax implications.
Nigeria
25 Jul 2019
6
FIRS Reduces Tax Audit Cycle
The Federal Inland Revenue Service (‘FIRS'), recently introduced new measures to improve the experience of taxpayers during tax audits.
Nigeria
12 Jul 2019
7
FIRS Recommends A 63-Day Timeline For Completion Of Tax Audit Exercises
The Federal Inland Revenue Service (FIRS), on 30 April 2019, notified the public that it has introduced new measures to simplify and ease tax audit experience for all taxpayers.
Nigeria
22 May 2019
8
Managing Transfer Pricing Audits In Nigeria: Dos And Don'ts
It is therefore important that taxpayers are prepared and equipped to effectively manage the TP audit process.
Nigeria
10 May 2019
9
FIRS Seeks To Close Prolonged Tax Audits Using NORAs
Federal Inland Revenue Service (FIRS) has recently been issuing Notice of Refusal to Amend (NORA) assessments issued in respect of on-going tax audit exercises.
Nigeria
6 Mar 2019
10
Industry 4.0: Audit Professionals Of The Future
There is wide debate around the impact that advances in technology in this disruptive era will have on the scope and relevance of the audit of the future.
Nigeria
24 Jan 2019
11
Ease Of Doing Business In Nigeria – A Case For Eliminating Multiple Tax Reviews, Audits And Investigations
The importance of ensuring a conducive environment for businesses cannot be over-emphasized, given their immense contribution to the growth of the national economy.
Nigeria
31 Oct 2018
12
IFRS 15 – Revenue From Contracts With Customers
As with any new IFRS implementation, board oversight at an early stage and on an ongoing basis is critical. In order to ensure an effective and efficient implementation process, it is imperative that the board remains engaged in this process and sets the tone for the entity.
Nigeria
9 Apr 2018
13
Audit Readiness (2) - Non-Current Asset Available For Sale
When an asset is being sold individually, IFRS 5 applies only if it is a non-current asset. When a group of assets is being disposed of in a single transaction, the classification and presentation requirements...
Nigeria
20 Dec 2017
14
Building Organisational Capacity For Successful Implementation Of IFRS 9
Upgrading to the latest International Financial Reporting Standards (IFRS 9) is a large transformational event for all financial institutions, regardless of their size and complexity.
Nigeria
13 Sep 2017
15
NECA Holds Meeting To Chart Way Forward On The Abuse Of Pioneer Status
The NECA recently invited its members to a meeting to discuss the recent investigative activities of the National Assembly on organised businesses in Nigeria and to take a position on a way forward in this regard.
Nigeria
29 Jun 2017
16
FIRS Issues Demand Notices Based On Property Valuation
The foregoing is a fall out of property valuation exercise carried out by FIRS in October, 2016.
Nigeria
27 Feb 2017
17
Audit Readiness (4) – Property, Plant And Equipment
External Auditors of most manufacturing organisations usually scope in PPE as a risk area during their annual audit due to its materiality.
Nigeria
8 Nov 2016
18
COSO - An Approach To Internal Control Framework
The COSO Framework was designed to help businesses establish, assess and enhance their internal control.
Nigeria
3 Aug 2016
19
What Does The New Treasury Single Account (TSA) Hold For Tax?
In the current year, total cost of debt service is N1 trillion which is about one-third of the federal government revenue before borrowing.
Nigeria
13 Oct 2015
20
Critical Issues Arising From The Requirement For Nonresident Companies To File Actual Tax Returns In Nigeria
The new directive which requires all non-resident companies to submit audited accounts and actual profit tax computations may create practical challenges.
Nigeria
24 Mar 2015
Links to Result pages
 
1 2  
>>Next