the impact of internal control procedures on businesses is profound, extending beyond operational efficiency to encompass integrity, compliance, and risk management.
Enhancing Efficiency and Integrity: The Impact of Internal Control Procedures
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the impact of internal control procedures on businesses is profound, extending beyond operational efficiency to encompass integrity, compliance, and risk management.
In today’s increasingly digital world, fraud has become a major concern across all industries. From financial institutions to online retailers, organizations are constantly battling sophisticated fraudsters who are always looking for new ways to exploit vulnerabilities. Fortunately, technology has emerged as a powerful tool in the fight against fraud, offering innovative solutions for both prevention […]
Introduction: In the dynamic and complex world of finance, effective management is crucial for the success and sustainability of any organization. A key component in ensuring financial health is the relationship between management and auditors. Auditors play a pivotal role in providing an independent assessment of an organization’s financial practices, identifying potential risks, and suggesting […]
Introduction In the dynamic landscape of business, where decision-making plays a pivotal role in determining the success or failure of an organization, the importance of financial statements cannot be overstated. For directors, these documents serve as a compass, guiding them through the complex terrain of financial management and strategic planning. I aim to shed light […]
Introduction In the ever-evolving landscape of accounting and commerce, the last two decades have witnessed a remarkable transformation driven by technological advancements. This article aims to explore the journey of accounting through the lens of technology, exploring the key milestones and how they have shaped the way financial professionals operate in today’s digital age. This […]
The Petroleum Industry Act (PIA) of 2021 is a landmark piece of legislation that has introduced a number of significant changes to the oil and gas sector in Nigeria. One of the most important changes is the new oil and gas taxation regime, which is designed to attract investment in the sector and to ensure […]
In a fast-evolving global landscape, the spotlight is firmly on sustainability, a concern shared by businesses, investors, and regulators. Environmental, social, and governance (ESG) factors, often regarded as ethical considerations, now hold the key to financial performance and long-term viability. Recognizing this paradigm shift, the International Financial Reporting Standards (IFRS) Foundation is on a mission […]
Introduction The Fundamental Effects of Transfer Pricing The Compliance Imperatives of Transfer Pricing Implications for Business and Compliance Conclusion Transfer pricing is a fundamental strategy that drives resource allocation, coordination, and risk management within MNCs. While it offers substantial benefits, the compliance landscape is equally intricate. Adhering to the arm’s length principle, addressing BEPS concerns, […]
With the complexities of compliance across the globe, Management are faced with the problem of focusing on their core activities and compliance matters. The need for a Compliance Management System that will help in automating this role.
Seamless communication is the key to managing a virtual business. Invest in the right tools and whatever platforms you use, be sure to organize the communications space clearly so that team members know where to find one another and can reach each other at the right moment and in a reliable way.
SO&C Compliance Services
Compliance House ( 3rd floor )
17 Independence Street,
Anifowoshe,
Ikeja, Lagos.
+234 (0) 817 459 8142
+234 (0) 817 459 8136
+234 (0) 803 321 8623
We provide advisory services to
businesses, government agencies and individuals