Taisha Associates | Accountants in Lagos | Tax Consultants in Lagos| VAT in Lagos| VAT | paye |
Tax & Accounting consulting firm based in Lagos, Nigeria.
Making mistakes in your accounting can have serious implications for any business, such as significant fines for suspected tax evasion. For a large corporation, this can damage both the finances and the reputation of the company. For a small business, however, it can have a huge impact and possibly even cause the company to […]
The takeoff of business has its own issues, however, business operations have much more issues than the takeoff. Business operations require a very good accounting function that makes information available for decision making to the management and also to other stakeholders like the government and tax authorities. A proper accounting function in a business […]
Why this topic? I chose this topic because of the various mistakes and errors I’ve seen businesses committed. You see people setting up businesses without keeping proper bookkeeping records and books of account because either they feel no one will come after them for anything or they are ignorant of keeping books of account. […]
Accounting system is processes and procedures put together by an organization with the objective of capturing and processing its financial transactions with the objective of generating financial reports that show a true and fair view of the performance and position of the organization at any particular point in time to the stakeholders of the organization. […]
Bookkeeping is the record-keeping of your business financial transactions. It is never the favorite of small business owners. However, the reality is if you own a small business, good record keeping is vital. Many start-ups, as well as existing business owners, tend to neglect this aspect of their business because they do not always know […]
