Statutory Audit & Assurance Services

Creating value that makes a real difference to a client’s business is essential to Adeniyi Christopher & Co (Chartered Accountants). Quality audit and assurance services that bring unexpected and far-reaching benefits do not come from an unthinking compliance mindset but from a knowledgeable, questioning, imaginative and insightful approach. The foundation of the service we deliver is the natural blend of compliance and value for money. We are experts in the application of audit methodology and audit techniques and use our expertise to bring precision and economy to our client’s business. We use our knowledge of each client, together with our position as trusted advisor, to match our approach and our solutions to their needs. Our view of the client’s business is broad and deep, while we look behind the numbers to consider what they mean for the business as a whole. We use audit to explore and think more widely about our clients’ businesses and the potential issues they face. This understanding enables us to offer new solutions to our clients’ problems, help them learn from what has happened and prepare them for, or better still help them avoid issues in the future. How we can support you:

  • Annual Examination of Accounting Records and Reporting
  • Performance Evaluation of Business

Compliance and Enhancement of Internal Controls

Corporate Performance Monitoring

Monitoring of business performance through quantitative parameters is the way to effectively track corporate journey towards its goals. Further, linking the corporate goals to employee goals will “align” the whole organization.

Corporate Management needs information to guide its financial and operational decisions. With globalisation and connectivity, many companies have become more geographically dispersed, more complex and thus more difficult to manage. The regulatory burden is also growing, while connectivity is forcing public companies to become more transparent and reliable. Timely management information is therefore essential.

Our Corporate Performance Monitoring service provides you the avenue for translating your company’s strategy into measurable targets, evaluating how it is doing. It gives senior executives a real-time picture of how the organisation is actually performing relative to its targets, so they can make needed changes as quickly as possible and ensure the changes stick by linking them to the way employees are evaluated and remunerated.

Our approach enables organisations to integrate their financial and non-financial systems to achieve sustainable improvements in performance.

We can help you through our:

  • Outsourced Internal Auditing Service
  • Outsourced Inventory Management
  • Outsourced Payroll System Management
International Financial Reporting Standards Conversion Support

International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB).

Currently, over 100 countries adopt IFRS for public companies, with more countries expected to transit to IFRS by 2015. Proponents of IFRS as an international standard maintain that the cost of implementing IFRS could be offset by the potential for compliance to improve credit ratings.

Are you prepared for the conversion to International Financial Reporting Standards (“IFRS”)? There are things you can do now to make your transition to IFRS easier and save you money. We are professionals, experienced in helping private and public companies convert to IFRS, in acting as auditors to companies reporting under IFRS, and in consulting to companies who are required to report under IFRS.

Adeniyi Christopher & Co. is a Certified IFRS Auditor

Management Audit

Management Auditing is the checking and validation of policies, procedures, systems and company results by an independent professional party.

In order to ensure value for money, our management auditing services are automatically linked to the consulting arm of the business, ensuring that – should any non-compliance issues arise – Adeniyi Christopher & Co. Auditing is in a position to assist the client in revision and optimisation of the area concerned.

We offer Auditing services for the multinational companies in a number of key areas including:

  • Audit of key Management Staff for better performance
  • Business Process Audit
Corporate Tax Management
At Cherith Chris & Associates we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently enacted/amended tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.

  • Registration for Tax Identification Number/Tax Compliance
  • Tax Planning
  • Annual Tax Returns
  • Value Added Tax Compliance and Returns
  • Annual Tax Clearance Certificate
  • Tax Representation
  • Tax Advisory Service

Personal Income Tax Management

  • Registration for Tax Identification Number
  • Annual Filing of Returns to Tax Authorities
  • Annual Tax Compliance and Computations
  • Annual Tax Payment on Direct Assessment
  • Annual Procurement of Personal Tax Clearance Certificate
  • Monthly Payroll Deductions’ remittance to Tax Authority

Bank Charges Review

  • Audit of Bank Charges and Interest on Loan Facility
  • Recovery of Established Excess Charges on Accounts
Credit Management Services
Cherith Chris & Associates provides credit management services. We have designed different processes that blend advisory, process redesign and analytical skills which in turn reduce the cost of regulatory reporting and compliance. Our approach to credit management services is comprehensive; we initiate by prioritizing a company’s risk and select the right data for relevant models and analytics to perform integrity, control and compliance reviews. Thus, we identify inherent weaknesses in key business processes, and then quantify and qualify the significance of resulting loss exposures.

  • Design of Credit Control System (Credit Policy Formulation)
  • Recovery of Difficult Debts
  • Credit Intermediation
Business Advisory Services
Our business advisory services enable you to act on your needs with proven, seasoned expertise and methods to drive your business forward. By working directly with the business owner in weekly meetings and conference calls, plus performing hands-on work, and ensuring your company makes progress every week. Our years of one-to-one meetings with CEOs have proven the fact that all business owners need help on some level. The business advisory service is extremely economical yet comprehensive to optimally serve your specific needs with tremendous value. We are 100% SURE that both your business and your life will dramatically change for the better, and we provide a satisfaction guarantee. This service includes:

  • Accounting Compliance and Reporting
  • Accounting System Design and Implementation
  • Formulation of Appropriate Accounting Policies
  • Outsourced Accounting Service – Computer-based Accounting Bureau
  • Design and Implementation of Internal Control Systems – Accounting Procedural Manual Preparation
Tax Monitoring Services for Government Revenue Boards
  • Tax Audit & Investigation
  • Revenue Collection Agency