VIRGOPLUS
AccountingServices
Services
Tax
A tax consultant is a financial expert specially trained in Tax law. Individuals and companies usually require tax consultant to minimize taxation, write a proper statement of income and expenditure, because they do not know the details of tax law in complicated financial situations themselves.
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Our primary duty is to ensure that our actions comply with the law. We owe our Clients a duty to act for him/her with the requisite degree of skill and care,
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It is the taxpayer’s responsibility to ensure that returns made to the tax authorities are correct and complete. It is our duty to assist him to decide on the extent and manner of disclosure of facts in relation to his tax affairs.
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If mistakes are made by the tax authorities it is our duty to put matters right.
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We also owe our client the duty to keep our clients affairs confidential at all times.
We are experts in tax law, planning and compliance. We serve businesses and individuals alike by staying current on new tax law and positioning taxpayers for short and long term tax optimization. We expand on the role of tax preparer. While tax consultants prepare tax returns, we also often work closely with clients throughout the year to ensure client tax liability is minimized. We can easily explain tax law and strategies in a way that is accessible and easy for clients to understand. as tax consultants must communicate their research findings including changes in tax laws that create opportunities for new tax strategy
Our fees starts from N5,000
Payroll
One of the most essential accounting functions within an organization is payroll accounting. The role of payroll accountants covers a wide variety of tasks that are essential for timely, accurate, and efficient payroll operations abiding by federal, state, and local laws. Payroll accountants must have a comprehensive understanding of fundamental tasks, such as paycheck calculations, taxation principles, preparing ledgers and journals, transfers, journal entries, and deposits. Payroll accountants also ensure the appropriate disbursement of funds, maintain and update employee leave balance information. In addition, payroll accountants assist in the design of company compensation packages and private pension plans, including trust-funds, group annuities, profit-sharing, various thrift savings plans, and employee stock ownership.
They must also possess solid knowledge of more complex topics, like:
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Benefits Taxation
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Payroll Laws
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Payroll Policies and Procedures
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Preparing Financial Statements
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Preparing Payroll Reports
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Performing Periodic Internal Payroll Audits
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Preparing Documents for External and Internal Auditors
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And we'll do all this for your starting from N5,000 per month depending on number of staff and turnover
Advisory
Our Advisory Services professionals are progressive thinkers who create, protect and transform value today so our clients have the opportunity to thrive tomorrow. While business goals and strategies evolve, our services support you wherever you are in your business cycle — whether you’re looking at a transaction to propel you forward, focusing on developing and implementing the right controls to mitigate risk, or advancing your company’s finance and technology infrastructure to match your aspirations
Auditing
Auditing refers to a systematic and independent examination of books, accounts, documents and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditing has become such a universal phenomenon in the corporate and the public sector, the auditor perceives and recognizes the propositions before him/her for examination, obtains evidence, evaluates the same and formulates an opinion on the basis of his judgment which is communicated through his audit report.
Any subject matter may be audited. Audits provide third party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to an Organization there are however other areas which are commonly audited.
Our audit procedures will always ensure that our presence will not in any way affect the effective daily running of the Organization
Our Auditing fees start from N10,000 only based on company turn over
Bookkeeping
Bookkeeping is the activities concerned with the systematic recording and classification of financial data of an organization in an orderly manner. It is essentially a record-keeping function done to assist in the process of accounting. It is a key component in forming the financial statements of the organization at the end of the financial year.
Bookkeeping also concerns itself with the classification of financial transactions and events. Such classification of transactions is essential to maintain proper financial accounts. It also involves preparing source documents for the financial transactions and other business operations being carried out.
There are many methods of book-keeping. The most common ones are the double-entry system and the single-entry system. But even methods other than these, which involves the process of recording financial transactions in any manner are acceptable book-keeping systems or processes
Objectives of Bookkeeping
The main objective of book-keeping is to keep a complete and accurate record of all the financial transactions in a systematic orderly, logical manner. This ensures that the financial effects of these transactions are reflected in the books of accounts.
Then the second main objective is to ascertain the overall effect of all recorded transactions on the final statement of the company. Book-keeping will eventually ascertain the final accounts of the company, namely the Profit and Loss Account and the Balance Sheet
book keeping fees from N5,000 per month
Cash Management
Cash management is the process of collecting and managing cash flows. Cash management can be important for both individuals and companies. In business, it is a key component of a company's financial stability. For individuals, cash is also essential for financial stability while also usually considered as part of a total wealth portfolio.
Individuals and businesses have a wide range of offerings available across the financial marketplace to help with all types of cash management needs. Banks are typically a primary financial service provider for the custody of cash assets. There are also many different cash management solutions for individuals and businesses seeking to obtain the best return on cash assets or the most efficient use of cash comprehensively