HOW IT WORKS
Businesses collapse due to incompetent staffs to manage the limited resources. From the formation of a company to the winding up of such company, a qualified accountant is needed at every point to guide against error, fraud and misinformation. As important as the need for qualified accountant are,-small and medium scale enterprises in Nigeria have always find it difficult to either employ or keep a qualified accountant due to the fact that the cost of maintaining a staff is high as the company own him/her the obligation of paying salary whether or not there is work to be done. In the event where the employee decides to leave the organization, the company may need pay him off and will have to search for a placement which may take time and can event distort the flow of business. Turnover cost Is not limited to cost of recruitment, it also includes the cost of training, inducting and integrating the new staff into the organization. In view of these, a company needs an experience, stable and reliable team to handle it finances.
WORKING WITH YOUR BUDGET
Each organization is expected to have a budget and follow such to the letter to be able to maximize returns. To this end, your organization can decide to pay per day, week or base on work done depending on the nature of job and cash flow pattern of your company. This will not only prevent idle time but will give you the opportunity to employ the best hands an affordable cost and continuity is assured.
SERVICES RENDERED
The services to be rendered include but not limited to Accountancy (preparation of accounts and keeping of books of accounts), financial advisory services, Taxation, Facility Management, Portfolio Management, Training, Installation of accounting software/training and lots more. Depending on the nature of business and budget, a staff can be seconded to a company as a full staff or ON part time bases. Also it could be weekend or month end bases which will not disturb official activities and also serve as check since we are independent of the organization and management in particular.
QUALIFICATION/EXPERIENCE
We are term of Chartered accountants with other professional qualifications ranging from PMP, CISA, LIFA, and MBA to mention a few. Experience has been from Audit, manufacturing, Finance, Consulting etc. The CV of the partners as well as certifications can be made available on request.
ADVANTAGES
The advantages includes: Flexibility in labour cost, Guide against account staff labour turnover, Rendering of quality services, PAYE, Allowance and Retirement Benefit of staff is eliminated, Advisory and other consultancy services can be rendered as we have other clients that is in a similar business and thereby applying experience gained from such organizations.
CLIENTS
• Boots Company of Nigeria Plc,Oregun- Pharmaceutical
• Slivermoon Limited ,Agric Ikorodu- Manufacturing
• Couplet Foundation,Ile ife-Non Governmental organisation
• Estate of Yusuf Ahmad-Estate Account(Facility management)
• Urbanis CM Limited-Construction base in UK) and lots
We will appreciate if you can invite us for a chat via email : penuelwayassociates@gmail.com or call JOEL:08125782220.
Looking forward to working with you
Thank you