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Our 2014 cyber security outlook was an eye-opener into the Nigerian cyberspace as all the predictions made were accurate. 2015 must therefore not be underestimated as the seeming deduction is that the hackers are always one step ahead; this is a gap that must be bridged
The objective of IAS 24 is to ensure that financial statements contain the disclosures necessary to draw attention to the possibility that the reported financial position and results may have been affected by the existence of related parties and by transactions and outstanding
The high operating costs obtainable in the construction industry which result in low profit margins has also created tax challenges for the companies as they have been unable to fully utilize opportunities for relief available under the provisions of the tax Laws.
Accounting for reverse acquisitions have always constituted an interesting topic for accountants both in theory and in practice. The importance of this topic in our environment is highlighted by the relatively increased frequency with which mergers and acquisitions have occurred in the
To complement its export promotion drive, the Federal Government, has, over the years, set up various incentive schemes for companies whose business is export focused. The incentives range from tax exemption to duty drawbacks as well as other forms of grants.