Accounting and Finance

Total Ascent’s team of qualified chartered accountants has over 30 years of experience with the Big 4 accounting firms and Multinationals. We have also built a strong client portfolio of indigenous small and medium sized organizations across a diverse range of sectors.

We provide our clients with the Finance and Accounting expertise and support required to help them grow their businesses efficiently, lawfully and profitably. Our Finance and Accounting services include:


Audit

Our key services in this area include:

  • Statutory audit
  • Non-statutory audit
  • Systems review and compliance with procedures
  • International Accounting Standards and IFRS readiness and conversion


Accounting and Book Keeping:

We offer a number of in-house accounting services so that you can focus on what you do best - managing and building your business:

  • Accounting Setup – Chart of Accounts, Finance Policies and Processes, Financial Controls, Financial Position
  • Journal Entries / Posting of Transactions
  • Payroll Management
  • VAT Returns and Regulatory Levies
  • Customer Invoicing
  • Bank Reconciliations


Taxes:

We calculate, process and ensure payment of statutory and regulatory payments, on a monthly basis and manage your relationships with relevant entities {FIRS, LIRS etc.} to ensure compliance with requirements and deductions. This also includes Tax Planning and Management to reduce tax burden within the confines of the tax laws.


Management Reporting:

We prepare your periodic (Monthly, Quarterly and Annually) Management Reports together with variance analysis detailing actual results, explaining variances and providing recommendations.