Audit Readiness in Nigeria: Why Strong Internal Controls Matter Before Year-End
As Nigeria’s business landscape becomes more regulated and technology-driven, organizations are facing increasing pressure to strengthen their internal controls. Regulatory reforms, digital tax administration, and heightened stakeholder expectations mean that year-end audits are no longer simply about producing compliant financial statements, they are about demonstrating that a business is well-governed, resilient, and prepared for scrutiny. […]
IFRS UPDATE
MOORE BISHOP & ROOKS IFRS NEWS Issue – July 2025 Moore Bishop & Rooks IFRS News provides you with an update on Moore Bishop & Rooks’s resources in relation to IFRS financial Reporting and an overview of what has been issued by the IFRS Foundation in the second quarter of 2025. IFRS Update ISSB publishes […]
FIRS introduction of National E-invoicing regime: The Electronic Fiscal System (EFS) fork Large Taxpayers
The Federal Inland Revenue Service’s (FIRS) introduction of a mandatory Electronic Invoicing (e-Invoicing) framework represents a pivotal strategic shift in Nigeria’s tax administration
Importance Of Financial Records In An Organization
The Role of Financial Records: As a business owner, keeping track of your company’s finances is vital to its success. Accurate bookkeeping and financial records
Importance of Internal Control
Internal control is a critical framework that organizations use to safeguard their assets, ensure the accuracy of financial reporting, and promote operational efficiency.
Nigeria Revenue Service (NRS): Leaner, Meaner Tax Machine
Nigeria’s Senate has approved a groundbreaking Tax Reform Bill designed to overhaul the country’s fiscal system and enhance non-oil revenue generation. As the bill moves to President Tinubu’s
Client Retention Strategies In The Midst Of Global Economic Tension
As economies are trying to recover from the setback caused by the coronavirus pandemic, the Russia invasion of Ukraine happened and there is no indication of how long the ensuing conflict would last, or how deep its effect is going to affect global financial markets. According to the IMF report in April 2022, global growth is projected to slow down from an estimated 6.1 % in 2021 to 3.6 % in 2022 and 2023.
An Acumen On The Proposed Finance Bill 2023
The Finance Bill is a proposed legislation introduced by the Nigerian government to make changes to the country’s tax laws and revenue collection processes
Corporate Governance Issues In Not-For-Profit Organizations (NFPOs) In Nigeria
Corporate Governance Issues In Not-For-Profit Organizations (NFPOs) In Nigeria Not-for-Profit Organizations (NFPOs) are voluntary organizations that are not state controlled. NFPOs play an import
The Central Bank of Nigeria (CBN) announced its Policy on Production and Productivity (the “New Policy”)
The Central Bank of Nigeria (CBN) announced its Policy on Production and Productivity (the “New Policy”) Under the New Policy, the apex bank plans to advertise