Audit And Assurance Services
All companies in compliance with the provision of Sec. 357 of Companies and Allied Matters Act of Nigeria are required at each general meeting to appoint an auditor or auditors to audit the financial statements of the company.
We specialize in providing independent and specialist support in Statutory Audit and Financial Advisory services to both public and private organizations.
TrustView provides additional value creation services borne from the combination of strong financial accounting skills and years of experience in the provision of statutory audit, systems audits, evaluation and development of accounting system and critical assessment of systems and processes. We provide a holistic service to all our audit clients by focusing on financial management and organizational performance improvement and thus add value to the systems of our clients.
We have developed our own in-house methodology in combination with an automated system with which we approach our assignments, the outcome of which makes our reports acceptable to international best practices.
Internal Audit at Trust View takes on a Risk-based approach; designed to review what a company is doing in order to identify potential threats to the organisation’s health and profitability, and to make suggestions for mitigating the risk associated with those threats in order to minimize costs in the long run.
The Financial Reporting Council of Nigeria has mandated all companies in Nigeria to convert from Nigeria Generally Accepted Accounting Principles (NGAAP) to International Financial Reporting System (IFRS).
We carry out a detailed conversion exercise that entails; a review of the chart of accounts and general ledger identifying areas that would be affected by the conversion to IFRS; ascertain whether the EDP method is IFRS compliant and would be useful for subsequent IFRS reporting by the company; train users, re-structure the general ledger and charts of accounts; review all account balances and raise necessary journals to implement the IFRS impact on them; attend to sub-system issues relating to configuration and data capture, and agree on post implementation reviews with the client.