Reporting Accountants| Top Skills and Qualifications to Look for In the realm of finance and accounting, reporting accountants play a crucial role in ensuring that financial statements are accurate, timely, and compliant with regulatory standards. Their work not only impacts internal decision-making but also affects external stakeholders such as investors and regulators. To find a […]
How Outsourced Accountancy Can Boost Your Business Efficiency In today’s fast-paced business environment, efficiency is key to staying competitive and achieving sustainable growth. One strategy that has gained significant traction among businesses of all sizes is outsourced accountancy. By leveraging external accounting expertise, companies can streamline their financial operations and focus more on their core […]
Introduction The Federal Inland Revenue Service (FIRS’) gives guidance on the tax treatment of foreign exchange transactions. In its circular dated 14 June 2024, it noted that the treatment prescr0.1ibed by the International Financial Reporting Standard, although sufficient for accounting purpose is not the same treatment for tax purpose and as such requires some adjustments […]