1.) Accounting Information System design and installation Services

The quality of an entity accounting information is directly related to the effectiveness and efficiency of the arrangement made by management for the orderly collection, recording and processing of accounting data. Accounting Information System (AIS) need to meet both the internal information requirement of the entity and her external reporting obligation, hence the need for proper designing, efficient processing and storage, and timely reporting.

At LKK, we aim at assisting client to design and document system that appropriately captured and processed their data, ensure its accurate dissemination and safely store for future use. Our accounting services include:

• Designing and documenting the company accounting system
• Designing and installation of accounting software packages
• Accounting Information System evaluation and redesigning
• Financial Statement evaluation and report designing

2.) Audit and Assurance services

The whole essence of audit is to provide an independent view whether the performance of any task meet the laid down rules and regulation. Financial statements audit seeks to confirm whether financial information complied with both regulatory and legal requirements. The benefits of quality audit services are to meet, not just the legal requirement but also system efficiency thus preventing fraud and other irregularity that might expose the entity to avoidable loss.

In rendering our audit services, we ensure that all audit requirements as well as client expectations are met. Our audit services include:

• Statutory audit under Company and Allied Matter Act
• Internal Control Audit
• Financial review and Investigation

3.) Tax compliance and advisory services

The introduction of Self- Assessment Scheme (SAS), a tax procedure that allow taxpayer to determine their tax, pay the tax in line with Revenue guideline, file their return and perform other obligation, has added to the enormous compliance activities of an average taxpayer.

Compliance with the relevant provision of Personal Income Tax Act (PITA) and the Company Income Tax Act (CITA) which include among others; Pay As You Earn (PAYE), Value Added Tax (VAT), Withholding Tax (WHT), Capital Gains Tax (CGT), Company Income Tax (CIT), Education Tax (EDT) require sound practical knowledge of both Revenue laws and practices which, if ignore may result in serious violation that may attract significant penalty and interest payment.

Our goal is to assist client in implementing practicable tax avoidance measures that minimise their tax exposure, ensure strong compliance and maximise claim of incentives. Our tax services include:

• Performing tax compliance activities such as tax registration, computations, filing of returns, certificates processing etc.
• Designing effective tax plan and documenting the entity’s tax policy
• Providing tax audit representation and defence

4.) Human Resources Consulting Services

Our Human Resources support services are aimed at providing quality human resources solutions to businesses at competitive price. The goal is to assist clients reduce staff cost, improve operational efficiency and mitigate fraud and irregularity in staff pay. Our services include:

• Staff recruitment and selection
• Staff outsourcing
• Staff learning & development
• Staff payroll and tax management

5.) Small and Medium Enterprises (SMEs) Advisory services

We understand the importance of Small and Medium Enterprises (SMEs) in economic growth and development of any nation, hence our desire and commitment to assist SMEs with quality advice in key business areas. Our services here include:

1. Accounting system and Booking Keeping designing
2. Budgeting and Forecasting preparation
3. Cost Accounting designing
4. Staff payroll management and related services
5. Capital raising advice and assistance
6. Credit and Collecting policies designing
7. Feasibility Study preparation