12 May 2008
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 Services | Accounting
 
 
A large part of DURO OGBOYE work for clients, is the Examination of their Annual Financial Accounts. As Statutory Auditors, we carry out independent review of company’s financial statements.

Our objectives are directed towards not only verifying the figures in the Final Accounts, but also seeing that they are presented in such a way as to reflect a true and fair view of the year’s activities and state of affairs at the year end, and as to whether they comply with the Nigerian legal requirements.

DURO OGBOYE also acts as Reporting Accountants, in which case we would be requested to carryout a “full scope” examination, or adapt our scope in line with more specific reporting objectives. These special purpose reports include that necessary to facilitate an acquisition, private or public placement of shares or one required to support a Bank loan.

In addition DURO OGBOYE performs a number of other services, which includes Due Diligence Investigation, Accounting (write-up), Systems analysis, Design and Implementation and Training programmes.

Financial Examination is a skill that is being developed continuously, I. C. T. has revolutionised the processing of information, and we see it as our responsibility at DURO OGBOYE to support the development of financial systems computer applications in general and computer audit in particular.

Our Financial Examination work involves us in the review of client’s accounting and administrative systems and procedures, as a result of which, it is normal practice for us to inform management of any improvements that we feel could be made to strengthen the client’s

Internal Control and Accounting procedures, thereby improving efficiency, productivity and profitability.
 
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