RIPE AGE Consultants and its involvement with Governments and government agencies within Nigeria has given us a thorough practical exposure in public sector and parastatal accounting. Quite apart from that, we are also operating an industrial oriented structure with professional team focusing on specific sectors of the economy ranging from oil and gas, financial services, government, construction/estate development, hospitality and industrial products sectors.
There is no doubt; the considerable experience we have gained has positioned us in a unique way to execute any engagements from governments, parastatals and private organizations.
We would highlight below our key experience in our various past engagements that are relevant to these sectors (see Appendix B).
GENERAL ACCOUNTING, FINANCIAL AUDIT AND CONSULTING RESTRUCTURING
We have developed and provided a broad range of experience on the general accounting and financial re-engineering to the key sector of the economy.
EXPERIENCE IN PUBLIC SECTOR FINANCING AND BALANCE SHEET RESTRUCTURING
Our unique experience covers a wide range of public sector. We have been actively involved in engagements performed for key government parastatals, and private sector organizations, also our knowledge of international engagement has enlarged our capacity for variety of engagements over the years.
We have also helped few of those public institutions in some highly intensive research and information gathering in order to assist them in obtaining an up-to-date documentation and perspective of the type and value of credit obtained by parastatals, together with its balance sheet implications. Our engagement with them also involved asset valuation of the bank from the selected sample, review of credit files and other available information aimed at compiling key information such as current financial position, historical debt service, terms of loan agreements; geographical location of the creditors and post security value.
EXPERIENCE ON PRIVATIZATION AND PARASTATALS REFORM SERVICES
Successful implementation of privatization and parastatals reform require outstanding and unique objectives and steps to achieve them. Our involvement in many privatization and parastatals reform programme of government has helped them to achieve their objectives more than ever. Specifically, our privatization and parastatals reform services include:
- Auditing (both statutory and special)
- Reporting accountant
- Public enterprise debt restructuring
- Due diligence report to parastatals
- Preparation of enterprises for privatization
- Strategy and development
- Valuation and Pricing
- Developing the legal structure and framework
- Debt verification and resolution
However, for any assignment requiring specialist skills, which are not available in our specific services, it can be resourced from one of the integrated partners in the profession who are ready at anytime to offer their own professional support.
REPORTING ACCOUNTANTS TO BANKS AT THE CAPITAL MARKET
Our in-depth knowledge of Accountancy, Auditing and Due Diligence was put to display when we successfully served as Reporting Accountants to some banks going to the Capital Market to source for funds.
Our Industry Relevance & Methods
Our capacity in terms of job executions and implementations has been wonderful since inception. In conjunction with our subsidiaries, we have worked in partnership with our clients to produce distinctive results. Our methods as a team player with different specialized areas have helped tremendously to harness our industrial knowledge to appropriately solve some complex business problems to our numerous client all over the country. We have excellent culture of packaging various products and services to suit the increasing complex manpower needs of public institutions, government agencies and parastatals and other private corporate clients in today’s competitive market.
We listen to and understand client’s corporate needs and develop strategies that will help them to excel. We are client-oriented organization and our methods and approach to business is client specific.
RIPE AGE Consultants has a philosophy that is centered around excellence, quality, creativity which equally revolves around our people (we go for the best brain in the market), environment (very neat, organized and orderly) atmosphere (warm, cordial and friendly). We have the philosophy of being the best to our clients who are treated equally with sincere compassion; heartfelt interest and decent accord which ultimately reflect in our posture, pleasant and enthusiastic attitude. At RIPE AGE Consultants, we see ourselves as highly organized in providing excellent client service, surpassing client expectation and maintaining client loyalty and enthusiasm.