Lawrence Awe & Co. (Chartered Accountants & Tax Practitioners)
Vision and Values
Vision
To be recognised locally and internationally in providing first class professional services, that adds values to our clients.
Values
Professionalism, Excellence, Integrity, Objectivity and Responsibility
Our Team
Our team is focused on providing the best professional services and advice to our clients that delivers real value and results to their businesses.
We have a working team of the highest standard in terms of qualifications, experiences, skills and innovations to carry out the job efficiently and effectively.
We have a carefully selected project team to fully deliver assignment successfully to our clients.
News & Publications
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Federal Government set to raise Education Tax
The Federal Government has started the process of increasing the two percent (2%) Education Tax with which it supports the Tertiary Education Trust Fund to about four percent (4%).
Why it is so Important to Prepare (Accounts) Financial Statements:
If you are wondering whether or not you really need to prepare (Accounts) financial statements when you already know your business is profitable, the answer is definitely yes.
You may be convinced that your business is doing fine, but you will need proof for investors, creditors, shareholders, government agencies, and essentially you will also need it for your own peace of mind.
Feeling successful is great, but seeing the facts and figures in front of you that prove your success is empowering!
Areas of Practice
Audit and Assurance Services
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Accounting Services
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Taxation
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Corporate Affairs Services
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Management Consultancy
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Recovery of Bank overcharges and unauthorized Direct Debits
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Receivership and Liquidation
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Investigation Services
Financial Services and management
Human Resources Management
Revenue Generation Drive
Outsourcing
Importance of a Company's Financial Statements:
A company's financial statements provide various financial information that investors and creditors use to evaluate a company's financial performance.
Financial statements are also important to a company's managers because by publishing financial statements, management can communicate with interested outside parties about its accomplishment running the company.
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Better Decision Making: Financial statements are vital for making crucial business decisions.
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Prepared for Tax Time: Regularly updated financial statements will keep your information neatly organised for tax time.
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Provide Proof of Your Success: Financial statements will act as a historical record of the overall success of a business.
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Catch Costly Mistakes:A set of schedules for reviewing your financial statements will help catch mistakes earlier. They can also help an owner detect theft, fraud, or illegal activities within their business.
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More On-time Payments: Financial reports like accounts receivables are essential for ensuring customers pay on time and account payable reports will make sure that your vendors are paid on time. It will also give you reference point to predict your future cash flow.