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SUMMARY OF IFRS 15- REVENUE FROM CONTRACT WITH CUSTOMERS
Posted by Blessing 4 years agoExams And StudyIFRS 15- Revenue from Contracts with Customers is one of the recent standards which was implemented by International Financial Reporting Standards. It replaces IAS 18 (Revenue) and IAS 11 (Constructi ...
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Please Help! My Dilemma Story
Posted by Ebunlomo 4 years agoCareer and JobsI am a recent graduate. After graduation i embarked on the mandatory 1year National Youth Service which i successfully completed. 8months after NYSC i was still job hunting during this 8month i enrol ...
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Between FIRS & NIPOST Over Stamp Duty Charges
Posted by Kemisola 4 years agoTax DiscussionThe FIRS announced that they now have a portal for automated stamp duty collection where all stamp duty paying citizens government agencies institutions and private organisations should log into an ...
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Areas of specialization as an Accounting graduate
Posted by Bunmi Mercy 4 years agoCareer and JobsStill wondering which area of accounting to specialize in? Here are 5 areas of accounting: 1. Financial Reporting Accounting: This area of accounting deals with recording analyzing summarizing bu ...
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A State of Dilemma
Posted by Blessing 4 years agoCareer and JobsAs an Accountant in an organization I discovered that the Financial Statement s figures in which I am about to approve are incorrect and seem manipulated. I presently want to make the corrections but ...
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SELF CHARGE VAT RULE
Posted by TY 4 years agoTechnical QueriesThe finance act requires that if you are not charged VAT because the supplier is a small company you are to self-charge VAT on the supply/transaction and remit same to FIRS. Please has anyone starte ...
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EXTENSION OF ANNUAL FILING DEADLINE IN NIGERIA
Posted by TY 4 years agoTax DiscussionFIRS has extended the deadline for annual tax filing by ONE WEEK. To put in simpler terms companies with accounting year-end in December 2019 should file their tax return on or before 7th August 202 ...
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The New Commencement rule....!!
Posted by Joseph 4 years agoTechnical QueriesHello everyone...The Finance act recently abolished the old commencement rule. But I recently encountered an organization that wrongly computed Tax computations based on the old commencement rule. The ...
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Should SMALL companies pay education tax or not?
Posted by TY 4 years agoTax DiscussionShould small companies i.e. companies with Turnover less than N25 Million pay Education tax or not?
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JOB OPENING: Accounting Associate
Posted by Toyin Olufon 4 years agoCareer and JobsORGANISATION: Fast-growing Health-tech supply chain company QUALIFICATIONS: University degree in Accounting or Finance related discipline At least two years finance experience preferably in F ...
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