Our Services

This is about the company Lafenwa

AUDIT PRACTICE

Our audit practice is the heart of the firm. Being members of the professional Practice Section of the Institute of Chartered Accountant of Nigeria, we subscribe to and carry out all work in accordance with all International Audit Guidelines, International Financial Standards and the Financial Reporting Council of Nigeria. In more than thirty years of practice, we have never compromised the high ethical standards of the institute while ensuring that our work is of the highest technical competence.

  • Audit - Financial, Value for Money, Management and Due Diligence
  • Accountancy- Preparation of Financial Statements and Budgets
  • Investigations

The Audit Division is the main core of the firm and over the forty-three years we have handled audits of all types of Companies, Parastatals, Non-Profits Organizations, Tertiary Institutions and Trade Unions.

The companies included but not limited to Construction Companies, Five Star Hotels, Newspaper Publishers, Manufactures, Broadcasting Houses, Trading Companies and Investment Companies, State and Federal Agencies and Overseas.

TAX MANAGEMENT & ADMINISTRATION

As Tax Advisor or Consultant we apply relevant statutory provisions to our clients’ business in such a way that client satisfaction is guaranteed and we have proven records of performance at the various offices of relevant tax authorities. Most taxation works involve acting as agents and in line with the ethics of practice, we never deviate from the path demanded by our fiduciary role. Area Covered  Corporate Tax Advisory Services and Management.  PAYE Administration and Management.  VAT Administration.  Tax Planning/ Consultancy.  Income Tax Generation and Collection.  Processing of Income Tax Clearance Certificate. We advise corporate clients and individual on Tax matters prepare computations where necessary and liaise with Tax authorities on behalf of our clients. We also advise Government on fiscal policy matters and assist in their drive for additional generation of revenue and recovery of taxes due.

CONSULTANCY

Our consultancy division provides various services as are within our core competence. We provide advisory services for companies undergoing restructuring, re-strategising, reorganization etc. We assist in nurturing new companies to maturity.  Business Advisory Services.  Management Accounting and Information System Design.  Corporate Strategy Consulting.  Human Resources Management.  Debt Recovery, Insolvency and Liquidation Services. We put at our client’s disposal, our wide experience of the business terrain and our deep knowledge of the accountancy profession in assisting their businesses to grow or perform better. Our training programmes for all the division are highly regarded.

INSOLVENCY AND DEBT RECOVERY

As member of Business Recovery Practitioners Association of Nigeria (BRIPAN), we act as Debt Recovery Agents, Receivers, Managers, or Receiver/ Managers for banks or as circumstances demand.

COMPANY SECRETARIAL AND REGISTER SERVICES

Our sister company, SECOM LIMITED offer secretarial services as may be required. They also handle registrar services for public companies.