Segun Awosanya & Co. (SAC)is a leading professional accounting

firm with experienced personnel that have executed jointly and severally large number of successful projects. The firm is registered with Corporate Affairs Commission, the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation. Our Principal staffs are also qualified members of various professional bodies and are registered with the Financial Reporting Council of Nigeria. Our experience in providing Audit, Investigations, Training and other Accountancy related professional services to various levels of government and their respective Agencies and Parastatals are vast. We have consistently offered our services to the Budget Office of The Federation in Ministry of Finance, Independent Electoral Commission, and Federal Capital Territory Administration, National Pension Commission. As a full-service accounting and consulting firm, we are dedicated and committed to the needs of all businesses.

VISION

Provide innovative value adding service for our clients

MISSION

• Be the point of reference in the use of IT to drive Accounting Services, Revenue Consulting, Tax, Financial and Management Consultancy Services.

• Be a valuable Partner to our clients in the drive for profitability and success in adherence with professional ethics and standards.

• To build capacity of our employees in specialized skills required to meet the dynamic business environment.

FIRM’S EXPERTISE, EXPERIENCE AND REPUTATION

Over the years, Segun Awosanya & Co. has positioned itself leveraging on jointly and independent execution of projects in the areas of:

Audit Engagements both Specialized and Statutory, Accounting Outsourcing for Organizations, Tax Consultancy and Advisory Services, Debt Recovery and Public Finance Consultancy (with emphasis on revenue) in

both public and private sectors with outstanding results.

OUR RANGE OF SERVICES SAC offers more than contemporary accounting, tax and audit services. We also offer sustainable solutions in the broad areas of Finance, Information Technology and Project Management Services to Government, Parastatals as well as private business organizations through our highly resourceful personnel. We offer the following services: AUDIT SERVICES

We provide audit service for our clients. The service involves institutionalizing of internal control procedures and risk management systems into the organization's culture at all levels of operation. We also develop internal audit strategies to manage risk in cost effective manner and perform periodic audit exercise to ascertain the compliance of client's staff personnel to its internal control procedures. During this stage, the training needs of the company staff would be identified and recommended to the management. We have carried out several Audit services statutory and non-statutory for organizations in the public and private sectors. The audit services we offer are extensive, broad based and include:

Statutory and Non-statutory Audit Value for Money Audit (VFM) Review of Internal Controls Internal Audit Assistance and Outsourcing Internal Audit Control Training

FINANCIAL MANAGEMENT CONSULTANCY

The firm is dedicated to providing financial planning for the business of our clients. Our goal is to implement and manage financial plans on an on-going and proactive basis. All businesses small and large require sound financial management and control systems in place. We have the capability and expertise to ensure clients are satisfied with our approach and the outcomes. Some of the elements of financial management which we provide are:

Cost control studies Design and review of costing system Financial forecasting and planning Overhead cost reduction, management and control Treasury Management Business appraisal and feasibility studies Financial controls and system development Effective financial management training Strategic financial planning and control

ACCOUNTING OUTSOURCING SERVICES

ACCOUNTING PROJECT SERVICES When organizations need their financial records up to date within a limited time frame, in a situation where due to work pressures etc., their company’s internal staff is unable to bring the financial records up to date within a limited time frame, we offer to set up the financial records that have been in arrears and bring them up to date. We offer flexible, secure and streamline systems to improve our client's accounting practices. Utilizing the relevant accounting information sources available, we generate the management reports for the outstanding period. Our team have a detailed understanding of the International Financial Reporting Standards (IFRS) having attended trainings and can provide leadership/professional service for IFRS adoption and conversion. The service rendered include:

Evaluation of Accounting System Setting up of accounting system Financial Planning & Modelling Design and deployment of stock control system Accounts reconciliation e.g. bank, debtors, creditors etc. Production of accounting manuals Preparation of Fixed Assets Register and Management of fixed assets Adoption and Conversion to IFRS standard

ACCOUNTING BUREAU SERVICES

Where organizations do not require functional Accounts department, our firm provides this service, where our skilled Accounting staff regularly visits the organization based agreed period for daily recording of the company transactions with the utilization of our accounting or the client acquired software packages. These services include the generation of quarterly organization's financial reports and the attendance of project evaluation meetings for financial advice.

SPECIALIZED RECRUITMENT SERVICES We assist organizations to employ skilled Accountants for the day-to-day maintenance of the Automated Accounting system from our pool of applicants. We partner with the Client's management in the interview and screening stages. This includes organizing written technical (accounting) tests for the applicants, as well as the oral evaluation during the interview. RECEIVERSHIP AND LIQUIDATION.

We provide insolvency services especially in receivership, liquidation and turnaround management of organization having going concern issues. Specific insolvency services we offer include:

ADMINISTRATIVE RECEIVERSHIP

The service involves taking over the charged assets of insolvent organizations, identifying their problems and causes of insolvency with a view to turning them around and recovering debt owed before handing over to the owners. It also include the appointment of Receiver and Manager. Where the business could not be managed due to lack of working capital or any other fundamental reasons, the charged assets are then realized to pay off the secured creditors.

LIQUIDATION

The service involves winding up a company completely and distribution of proceeds to creditors and contributories. This may be brought about by compulsory winding up order by the court, members’ voluntary winding up or creditors winding up.

TURN AROUND MANAGEMENT Our service is primarily aimed at corporate renewal through analysis and planning to save companies with going concern issues and returns them to solvency and profitability. The plan may or may not involve bankruptcy filing which once approved by the management, are implemented and continually reviewed to monitor the progress and ensure that the company return to solvency. BUSINESS ADVISORY SERVICES

We take precise and structured approach to assisting organisations improve their performance and productivity by examining everything from the daily activities that impact on the business up to the managerial input, identifying gaps while recognising opportunities and required direction for growth and development. Whatever the organizational goals, whether to sustain the position of the business or to grow, develop and further expand, having the right advisors can make a lot of difference. We offer objective advice and new insights to help organizations achieve their goals. We help you improve your financial position and your business operations through our value-adding and innovative solutions. Some of our advisory services are;

Fund sourcing – assistance with selection of the optimum sources of finance. Profit management Business restructuring Business planning and registration Independent Business Review Cash flow and Profit Projections Business Valuations Management Reporting System Review Business Process Review Strategy Development Change Management

TAX ADIVSORY SERVICES

We help our clients analyse their finances and taxes. Our team of seasoned professionals help our clients to identify tax risks and find ways of mitigating them by formulating solutions and making recommendations to our clients. We offer the following range of professional tax advisory services:

Corporate and Personal Tax Matters. Tax Audit Management. Tax Computation and Determination of Tax liability Tax Planning Services. Responses to queries raised by Federal Inland Revenue Service on behalf of

our clients. Liaison between Client Companies/Individuals and Federal Board of Inland

Revenue/State Internal Revenue Departments on Tax related matters. Processing of Electronic Tax Clearance Certificate (ETCC) for Companies and

Individuals. Miscellaneous Tax Matters.

PUBLIC REVENUE AND TAX ADMINISTRATION

This is a core service of our firm. Public revenue is an important tool of the fiscal policy of any government. The government needs to perform political, social and economic duties so as to maximise social and economic welfare. In order to perform these functions and duties, the government needs a large amount of resources. Therefore, to maximise social and economic benefits, it is important that public revenue generated by the government from tax and non-tax sources is managed efficiently and in a transparent manner. The service involves evolving ICT enabled monitoring and control

measures to actualize:

Effective monitoring of actual collection of taxes, rates and other forms of

revenue That revenue collected are properly recorded and accounted for. Verification of revenue collection records and reconciling same with

customer’s remittance records. Harness the revenue generating potentials of our clients

We also provide assistance to different levels of government in matters of budget, finance and tax administration

DEBT RECOVERY

We specialise in ethical and professional collection of debts thereby lowering cost, increase efficiency and maximize the recovery efforts of our clients. We develop focused collection strategies by profitability segmenting, prioritizing, monitoring unpaid debt, collection management and locating debtor account. We keep our clients informed of developments of their accounts and tailor our debt recovery strategies to suit the needs of the client. Our team of professionals ensure that clients have a reasonable chance of recovering their debt and make sure the effort and expense of pursuing it is justified. We offer a selection of services. Below are some;

Recovery of the illegally debited funds by banks at no extra cost. Recovery of denied interest incomes. Ascertaining actual Value of Balances on Loans and Overdrafts / credit

reporting

TRAINING

We offer a wide range of skill development courses within the field of Leadership, Management, Accounting, Taxation, Supervisory and Personnel development. The programmes are designed to be: practical, skill based, Participative and meet specific organizational, positional or individual needs. Participants also benefit from opportunities to network with each other and share experience.

Coaching: Our coaches offer clients a supportive and motivating environment to explore how they might achieve their aspirations

Study and Benchmarking Tours:These tours are arranged for senior personnel who wish to update and benchmark their knowledge of specific subject areas.

Seminars:We organise seminars that address the latest challenges being faced by public administration across the globe.

Overseas Programmes:Our skill support overseas is principally targeted that core management skills can be provided to ranking staff within their organisation- supporting client’s individual, team and organizational development.

Off the shelf programmes:If your organisation or department has a common training need, we lift any of our programmes off the shelf and deliver them specifically for you.

Customised Training:We bring a fresh and adaptable approach to the department and delivery of bespoke programmes. We evaluate client needs,

work closely with the client from the onset and then provide a dedicated learning reinforcement tool hallmarked by the client’s active involvement

QUALITY CONTROL

The Partners assume responsibility for the quality of services rendered during any engagement and for the professional standards of our assigned professional personnel over the period of the service. We have factored in the need for constant quality assurance into all aspects of our management plan. This is reflected in a number of ways: -

Active Partner’s Involvement: A partner is usually responsible for overall service delivery to any particular client, advising the Project manager on important issues and ensuring appropriate staffing and skill levels to be deployed. The Partners do at times co-opt Advisors who are specialists in specific endeavors.

Extensive Working Papers: We review, collect and control an extensive set of working papers related to all aspects of the service being rendered. While these working papers are not deliverables, they provide the basis for many of the quality assurance checks we normally conduct. We do not make recommendations that are not supported by the data gathered and analysed in the working papers.

Application of Professional Standards Review: We employ our extensive and standard internal quality assurance procedures to all the work we do. Our Project managers conduct initial interim reviews on any assignment, followed by formal, detailed review of all analysis by a senior manager and subsequently the Partner who reviews all interim and final documents and deliverables.

For projects, all reports and deliverables receive an independent Professional Standards Review (PSR) by a Partner of the firm who has not participated in the projects.

SOME OF OUR CLIENTS 1. Federal Ministry of Finance 2. Federal Ministry of Mines and Steel Development. 3. Embassy of the United States. 4. Cloneshouse Nigeria. 5. AMCON. 6. Revenue Mobilisation and Fiscal Allocation Commission 7. Independent National Electoral Commission (INEC) 8. Office of the Accountant-General of the Federation 9. Industrial Training Fund (ITF) 10.National Pension Commission (PENCOM) 11.Court of Appeal 12.Nigerian Postal Service (NIPOST) 13.Kuje Area Council 14.Copyright Society of Nigeria (COSON) 15.Federal Capital Territory Administration (FCTA) 16.Federal Inland Revenue Service (FIRS) 17.Katsina State Government 18.Rivers State Government 19.Nigeria Electricity Regulatory Commission (NERC) 20.Foshizi Tours 21.Access Solutions 22.Marvellous Mike Press Limited 23.Jodez Nigeria Limited 24.Transable Farms Limited 25.Mercy Trust Nigeria Limited 26.Business Computer Systems Limited 27.Shehu Musa Yar' Adua Centre 28.Wuton Nigeria Limited 29.Kingsville Educational Services Limited 30.Presidium Resources Limited 31.Business Support Microfinance Bank 32.Red Oak Trust and Investment Company 33.Lagos State Government. 34.Pugan Technologies Limited. 35.Beltech Exim Global Solutions Limited. 36.Templecom Group Limited. 37.First Apple Inc.

LIST OF SELECTED ASSIGNMENTS

Our firm has carried out revenue consultancy, tax consultancy, audit and several professional services for various organizations among which are the following: 1. Revenue Optimization and Verification Project of the Ministry of Mines and Steel

Development. 2. Asset Management Partner (AMP) to carry out debt recovery duties for the Asset

Management Corporation of Nigeria (AMCON). 3. Sub-Consultants for the 2012 and 2013 Nigerian Extractive Industries

Transparency Initiative (NEITI) Oil and Gas Industry. 4. Recovery agent to recover outstanding pension contributions with interest

penalty from private sector employees for the National Pension Commission (PENCOM).

5. Verification and reconciliation of revenue collection and remittances by collecting banks engaged by Federal Inland Revenue Services and Nigeria Custom Services for the Revenue Mobilization Allocation and Fiscal Commission (RMAFC).

6. Debt reconciliation services for Federal Inland Revenue Service (FIRS). 7. Enumeration Back-duty Investigation and Revenue Collection for the National

Information Technology Development Agency (NITDA). 8. Financial Audit of the American Employees Recreation Association Abuja (AERAA)

- Embassy of the United States. 9. Financial Audit of Cloneshouse Nigeria. 10. Financial audit of National Orthopaedic Hospital, Igbobi. 11. Statutory Audit of the FCT’s Joint Federal Staff Cooperative Thrift and Loans

Society (JFSCT&LS). 12. Statutory Audit of Kogi and Edo State INEC Office. 13. Statutory Audit of Jos Electricity Distribution Company 14. Statutory audit of Political Parties on behalf of Independent National Electoral

Commission (INEC). 15. Process audit of the National Centre for Women Development 16. Process audit of National Orthopaedic Hospital, Igbobi. 17. Debt Reconciliation and Resolution for Federal Inland Revenue Service (FIRS) 18. Computerization of Katsina State motor licensing registration via a robust IT

infrastructure called Vcentral. 19. Tax Consultancy for Shehu Musa Yar'Adua Centre. 20. Local Debt Verification Exercise for Budget Office of the Federation. 21. Bank Reconciliations and recovery of excess bank charges for the accounts of

Court of Appeal with their Banks

22. Financial consultancy to ITF (Industrial Training Fund) for the recovery of Training Contributions.

23. Financial consultancy to National Pension Commission for the recovery of Outstanding Pension Contributions with Interest Penalty.

24. Public revenue consultancy in the Federal Capital Territory Administration and Kuje Area Council

25. Revenue Consultancy for Copyright Society of Nigeria.

Each and every member of the team is committed to the vision and mission of the firm. They are driven, motivated, committed and recognise that Segun Awosanya

& Co.is a place to build their careers. The firm goes to great lengths to identify self-starters with a lot of experience and skills to produce a talented, well-rounded, committed and dynamic team. KEY STAFF:

Segun Awosanya B.Sc., FCA, FCTI – Lead Consultant.

Segun has extensive experience in accountancy practice and managerial experience having spent several years in Finance and Operations teams of Cadbury Nigeria Plc. a leading food and beverage multinational company. He acquired his professional Accountancy, audit, Taxation and Consultancy practice with one of the largest indigenous firms in the country where he was involved in various revenue consultancy, audit consultancy and liquidation projects. He has also participated in various Revenue consultancies, Project Management, Audit, Accountancy and Taxation assignments of small, medium and quoted Companies in

Manufacturing, Construction, Banking, Bottling, Trading, Oil and Oil Servicing Sectors of the economy. He is a Chartered Accountant with Bachelor’s degree from the University of Nigeria, Nsukka, and a Fellow of the Chartered Institute of Taxation. He has attended several development programmes, some at the Lagos Business School and University of North Texas.

Samson Agbelusi. FCA, FCTI – Tax and Audit Consultant.

Samson Agbelusi studied Economics in his first degree in 1984 at the University of Lagos, Nigeria. There after he served in Ibadan, Nigeria Television Authority to as a Youth Corper.

Mr. Agbelusi joined a firm of Chartered Accountants (Ź. O. Ososanya @ Co) as an Audit Trainee in 1986 and later worked briefly with the Ondo State Investment Company Limited as the Assistant Audit Manager in 1991.

SJA as he is fondly called proceeded to Cadbury Nigeria Plc. in 1992 and served variously as the Internal Auditor, Fixed Assets, Tax Manager and Payroll Manager before he voluntarily resigned in 2010.

From 2010 to date he has been engaged in accounting, Audit, Assurance and Tax Consulting. Mr. Agbelusi is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN), and the Chartered Institute of Taxation of Nigeria (CITN) and holds post graduate diploma in accounting of the university of Lagos and currently pursuing his Master’s degree in Accounting at the Olabisi Onabanjo University, Ogun State of Nigeria.

OlubusayoOshinayaB.Sc, ACA, ACTI – Tax and Audit Consultant.

Olubusayo is a graduate of Accounting from the prestigious University of Lagos. He is a member of the Institute of Chartered Accountants of Nigeria (ICAN) with continued development in ICAN Mandatory Continue Education Programs. Olubusayo is a proud Associate member of the Chartered Institute of Taxation in Nigeria (CITN). He has vast work experience in private and public sector audit, management/financial consultancy, financial analysis amongst others. He is currently the Managing Consultant at FinServe Consulting Limited and also a valuable Partner at Segun Awosanya & Co.

Adeshile Adedeji Richard FCA, FAIA, ACTI – Tax and Audit Consultant

Deji holds a Bachelor of Science Degree in Accounting from the University of Abuja and is a Chartered Accountant par excellence bagging several prizes as National Best Candidate in the Professional Examinations of Chartered Institute of Chartered Accountants of Nigeria. Prize, among which, include Akintola Williams Deloitte Prize in Tax Management and Fiscal Policies.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Association of International Accountants (AIA) of the United Kingdom as well as Associate of the Chartered Institute of Taxation of Nigeria (CITN). Under the auspices of A.A. & Co. (Chartered Accountants), TajuAudu& Co, Tony Ochei& Co, Deji has been able to lead Engagements assisting organisation in terms Process Analysis, System Documentation identifying Strengths as well as weaknesses while recommending ways of improving the Processes in terms of Checks and Balances/ Separation of Duties. Organisations, among which, include the German Government through its Implementing Agency in Nigeria (Deutsche Gesellschaft FürInternationaleZusammenarbeit (GIZ) GmbH).

He also served as a consultant in the Audit of Nigeria Extractive Industry Transparency Initiative (NEITI) in terms of Reconciliation and Validation of Federation Crude Oil & Gas and Audit of Nigerian Export Supervision Scheme (NESS) in terms of co- reviewing of the Pre-shipment Inspection Act vis-à-vis Nigerian Export Guidelines, Process Review and Validation.

Sunday Abraham HND, ACA, ACTI – Revenue and Tax Consultant He is an Associate member of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation. He holds a HND degree in Accounting. He is a management consultant, a business coach and he trains others through consultations. He has over 20 years multi-disciplinary experience in various sectors – Manufacturing, Construction, Banking and Consultancy and has devoted over 15 years of it to building clients’ net worth and the accounting profession generally. He has participated in various public revenue consultancy projects, statutory audits, Bank reconciliations and Computerization.

Bali NansohHND, MNIM. - Digital and Tax Advisory Consultant

Nansoh is an Accounting graduate from the Federal Polytechnic Kaura-Namoda, Zamfara State and is a member of the Nigerian Institute of Management (Chartered) Proficiency Certificate in Management. He acquired experience in his

working career mostly in Accounting Software Packages, Accounting Technologies, IT solutions, and Client Based Operating systems. He was a supervisor at European Union Election Observation Mission Nigeria and a Consulting Executive at Shields Consulting Limited. He has participated in various Accounting Bureau Services and Automation.

Nansoh is responsible for researching and providing advisory services to clients as it relates to tax matters and obligations.As the Digital Consultant, Nansoh is also in charge of providing practical strategies and develop the best mix of technology (software) to add value to our service delivery.

IgbaLadiB.Sc., ACA -Business Intelligence Consultant

Ladi is a graduate of Accounting from University of Abuja. She is an associate member of the Institute of Chartered Accountants of Nigeria (ICAN).

She is responsible for converting raw data into meaningful information to provide insight to our clients thereby gathering, analyzing, and presenting information in an easy-to-understand visual manner as well as implementing effective business intelligence tools and take necessary actions on new insights and make recommendations.

Ladi is also positioned to ensure compliance with internal and external regulatory requirements as it relates to the Firm and Clients. She has vast experience in tax and audit in the firm. She is a result driven accountant who is committed to client’s satisfaction, team building, networking and business growth.

Adewunmi Adebola B.Tech. Innovation Consultant

Adebola is a graduate of Accounting from University of Ladoke Akintola University of Technology. She is a drivenperson and the innovation expert of the firm. She has responsibility of developing processes that identifies the cultures and strategies that are value adding to the Firm and ensuring client’s satisfaction.

As the Innovation Consultant, Adebola is also responsible for bringing up technological solutions and update the Firm processes to continually adapt for excellence in the dynamic business clime. She is also a tax and audit expert in the firm.