Our methodology is largely based on our strong practical knowledge of general accounting procedures and application in the public and private sector. We evolve a process that takes into cognizance the following number of variables that we consider crucial to the sustainability and overall success of our assignment.
- Equity Holder Participation:
All the key equity holders and other relevant sector players in any of our engagement are required to be actively involved in the preliminary working with the firm to ensure that relevant information inputs are obtained.
- Data Collection Support:
Since timely availability of qualitative data is essential to the final outcome of Accounting and Management Consultancy Project, it is expected, therefore, that data collection support is required from the appropriate authority.
Other steps that our methodology will focus are:
- In our established 3 stage approach to our engagement, we shall provide technical advisory support to the constituted committee to ascertain effective decisions of its meetings. The support which could be professional advice on economic, financial, legal and technological which will in turn assist the organization in its preparation and presentation with equity holders.
- With the aid of Information Technology, we would check the various outstanding schedules of investment to which most of their proceeds would be utilized and to ensure that those investments are economically viable to recoup the funds invested.
- Compile a master file containing details of their previous outstanding financial obligations to several business creditors.
- Compile staff nominal role and conduct skills audit with a view to determining:
- Staff adequacy
- Skill profile
- Training needs
- Gaps in employees skills
- Design training programme for all technical areas such as Credit Management, Accounting Reconciliation, Project Appraisal, Information Technology Fraud prevention and detection to mention but few of them.