We are a professional firm that stands above our competitors by adopting best practices. Our handling of highly confidential matters has won us the well deserved reputation of being both discreet and independent.
Our audit approach is focused on client service which emphasizes adding value to our clients by enhancing quality and productivity.
Value-Added Audit Approach
We consult with our clients to determine their needs, expectations and professional service requirements before preparing and executing appropriate client service and audit plans.
Partners lead our audit engagement teams, drive both the planning and performance and provide our clients with meaningful advice and insights on the conditions of their business.
Delivering a consistent, premium audit service is as important to us as our clients and we recognize that every client is unique, requiring an audit plan tailored to its particular operations, accounting processes, control environment and financial reporting requirements.
Our focus is both client-specific and industry-specific.
The Tax Unit is led by a partner and supported by qualified professional staff with combined experience of over 30 years This experience is diverse and incorporates both national and international tax consulting.
Our tax consultants have immediate access to global information on tax regulations, rate and treaties and can rapidly recommend the most appropriate and efficient tax planning to our clients. We can quickly identify issues and provide tax solutions tailored to our client needs. This translates into an improved ability to deliver consistent services through our network of and access to world class experts, tools, technology and information.
Our consulting unit provides an unparalleled mix of strategic and technical expertise in management consulting, as well as specific industry and functional applications.
Our focus is working in partnership with clients. We aim to solve critical business issues by providing a unique blend of operational consulting skills, industry experience and world-class consulting methodologies.
To provide focus and enhance value to our clients, our consulting practice is organized along the following service lines:
Human Capital Consulting
Human Capital help organizations define, structure and realize their human capital management strategy by focusing on the development and delivery of services that target their most important assets - employees.
Our services are in the following areas:
- Manpower Training & Development
- Survey and Research
- Procedures Manual Development
- Executive Selection
- Organization Review & Restructuring
- HR Systems Development & Implementation
- Change Management
Outsourcing Unit
This is a new unit created mainly to service companies especially those with no personnel on ground to handle such functions. This relieves the client of the burden of hiring staff to handle these assignments.
Our services are in the following areas:
- General Administration
- Accounting & Finance including Treasury Services
- Internal Audit
- Management of Accounting Packages – Peachtree Complete Accounting
- Staff Payroll Administration & Management
- Taxation
Strategy and Operations Services
This group is made up of multidisciplinary and experienced team of professionals who are dedicated to improving business performance and to ensure lasting results.
Our business strategy and operations advisory services include:
- Strategy Planning
- Process Redesign
- Performance Management
- Activity Based Management
- Expertise is available through our global network, which provides insight into global benchmarks and critical success factors to solving today’s complex problems.
We are able to service the most important areas of the corporate finance market, through a team of consultants who are trained and have consulted extensively in the areas of mergers and acquisitions, financial structuring and transaction investigations, with multi disciplinary solutions.
Many corporate finance skills are complementary and our clients often utilize a combination of one or more of our services in the following key areas:
Merger and Acquisition Support
The strategic imperative of change is accelerated through merger and acquisition activity. Our service aims at reducing the risks inherent in every transaction by providing expert advice on those elements essential to a successful transaction strategy, planning, targeting, execution and integration in order to ensure an effective and efficient service delivery.
The merger and acquisition process is both complex and time consuming. We provide specialist advice and support to assist in the following processes:
Valuation
Valuation is an essential part of almost all corporate transactions and planning.
However, determining the value of a business requires knowledge of many factors, both financial and strategic.
Our partners have key players in the valuation of businesses. Our collective expertise harnesses all the skills commonly needed in valuation assignments.
Financial valuations can be prepared with different degrees of input and there are also a number of valuation methodologies currently available including, among others, earnings, multiple valuations dividend growth and discounted cash flow valuations.
Valuations are regularly called for during:
- Acquisitions
- Disposals
- Joint ventures
- Corporate restructuring
- Disputes
- Loss or damage to business operations.
We provide authoritative valuation support to your negotiations for both commercial and fiscal purposes, and we can act as expert witness in litigation proceedings.
Due Diligence Investigations
Due diligence is an essential part of the investigation and assessment of any investment opportunity, reconstruction or listing.
A due diligence investigation is not an audit. An audit looks backward at what has happened and is concerned with the current financial position of any entity.
A due diligence looks ahead by calculating possible results, and is concerned with the business operations of an entity, keeping in mind that warranties and pricing are not substitutes for a due diligence.
O&O Professional Services provide diverse corporate (secretarial and legal) services and relate with regulatory bodies and government departments like Corporate Affairs Commission (CAC), Securities & Exchange Commission (SEC), Nigerian Stock Exchange (NSE), Nigerian Investment and Promotion Commission (NIPC) etc on behalf of clients.
Our audit approach is focused on client service which emphasizes adding value to our clients by enhancing quality and productivity.
Value-Added Audit Approach
We consult with our clients to determine their needs, expectations and professional service requirements before preparing and executing appropriate client service and audit plans.
Partners lead our audit engagement teams, drive both the planning and performance and provide our clients with meaningful advice and insights on the conditions of their business.
Delivering a consistent, premium audit service is as important to us as our clients and we recognize that every client is unique, requiring an audit plan tailored to its particular operations, accounting processes, control environment and financial reporting requirements.
Our focus is both client-specific and industry-specific.
Regular Services:
- Convening of and attendance at board meetings, general meetings and committee meetings as well as the preparation of relevant minutes.
- Advisory services on compliance with applicable rules on regulations, meetings, etc.
- Advisory services on corporate (secretarial and legal) matters, including contacts with government organizations, agencies and other bodies on behalf of clients.
- Preparation of resolutions on day to day basis on client’s needs.
- Provision of security for statutory records and legal documents.
Special Services:
Corporate Affairs Commission (CAC)
- Registration of increase in authorized share capital.
- Processing and obtaining certified true copies of Forms CAC 10 (Annual Return), C.O.2 (Return of Allotment), C.O.6 (Situation of the Registered Office and of any change therein), C.O.7 (Particulars of Directors and of any changes therein, Amendments or alteration of Memorandum and Articles of Association etc.
- Registration of business names and changes thereof.
- Incorporation of private and public companies, companies limited by guarantee and unlimited liability companies.
- Processing change of name of companies and re-registration of companies.
- Registration of incorporated trustees, acting as trustees and ensuring compliance with the provisions of the trust deed.
- Registration of trademarks, patents etc.
Securities & Exchange Commission (SEC)
- Registration of shares
- Registration of share transfers, bonus issues, right issues etc
Nigerian Investment Promotion Commission (NIPC) & Ministry of Internal Affairs
- Application for business permit and amendment thereto.
- Application for expatriate quotas, resident permit and pioneer status.
This is a specialized department within O&O partners which undertakes normal insolvency assignments as well as engages in special services for solvent companies.
We provide the following range of services:
- Insolvency, Receivership and Receivership Management
- Liquidation
- Debt Recovery
- Loan Sourcing and Negotiation
- Debt Reduction
- Corporate Management and Restructuring
- Advisory Services and Support for Acquisitions, Mergers, Capital Disposals, Share Issues and Valuation.
Capital Disposals, Share Issues and Valuation.
Our professionals in this unit have a great deal of relevant experience and technical knowledge in these areas, with background in auditing, accounting, taxation, banking, venture capital and management consultancy, and specific industry know-how.
This combination of technical and industry knowledge enables us to provide our clients with the best possible advice as well as support clients on cross-border transactions, principally acquisitions.
Corporate Recovery
The corporate recovery unit provides a range of services associated with corporate insolvency and liquidity. Team members act as administrators, receivers and managers, liquidators and investigating accountants. We also advise creditors on debt recovery, credit control procedures and retention of title to goods.