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Searching Content indexed under Accounting and Audit by Deloitte Nigeria ordered by Published Date Descending.
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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
2
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
3
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
4
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
5
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
6
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
7
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
8
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
9
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
10
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
11
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
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