Accounting Services

Our Accounting Services involve the measurement, processing, recording and communication of financial information about business organization including, but is not limited to, financial accounting, management accounting, cost accounting, taxation and accounting information systems etc. Every business organization required solid and sound accounting system to measure the performance of the business and to ensure proper recording of all business transactions.

At AO & FA, we can assist you to develop an accounting system that you will be proud of as a business. We assist you to develop an effective accounting system that ensures compliance to both local and International accounting standards. The Accounting system will ensures data integrity and satisfies both local and international corporate reporting requirements. The capabilities and features of the accounting system offered for use shall be consulted with and agreed by the client.

These services can be delivered by providing the client with our resources who shall be resident in the client’s office or by accessing the required information at our offices thereby working offsite. Our detailed roles and responsibilities are varied, determined, and agreed with each client in line with specific needs.

Our Accounting Services include

  • Accounting System development
    This service involves development of an accounting system for your business in order to ensure a standard processing of all financial records of your business.

  • Accounting Manual Preparation
    There might be an existing accounting system in place in your business but not documented. The accounting system might also be documented but not in good standard. We can assist you to provide a standard accounting manual for your business..

  • Invoice processing
    The service will take away the processing of your invoices from your day-to-day activities. We bring in our professional hands to your office to take charge of your invoice processing from receiving from vendors, validating all the required information on the invoices and posting to your accounting records.

  • Bank Reconciliation
    This service ensures accurate bookkeeping of financial records and helps to find any discrepancy between your records and your banks’ statements. This helps in providing the business cuts down on expenses and avoid fraud.

  • Account Payables
    This accounting service modifies the payment system of the business by managing financial transactions, coming up with expenditure solutions, excluding duplication, and managing financial documents.

  • Account Receivables
    This accounting service helps in boosting the cash collection rate of a company, reduce the period of payments, and ensure fast processing of invoices.

  • Payroll processing
    This service ensures accuracy in tax rates and regulatory information. It provides the maintenance of financial records of employee’s income, deductions, and bonuses.

  • Conversion from Manual to Computerized Accounting System
    This service involves converting your manual processing and recording of financial information to computerized methods. We install accounting software that is best fit for your business model during the service. We ensure the cost of the accounting software is within your company’s budget.

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    (234) 901 099 6060

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  • Visit Office
    Lagos Office

    5, Olufunmilola Okikiolu Street, (2nd Floor), Off Toyin Street, Ikeja

    Abuja Office

    22, Ken sarowiwa Street, 3rd Avenue, Gwarinpa Abuja