IIdowu Oluyomi & Co. is one of the medium accounting practices in Nigeria. Our clients represent a broad spectrum of multinational organizations and large and medium size Nigeria companies and government organizations. The firm has extensive experience in auditing government agencies and parastatals, companies in the construction, financial, manufacturing industries, banks, insurance and other industries. We have made investments in people, technology and facilities to serve the various industries.

SIZE AND LOCATION

The executive office and largest practice office is in Lagos and Abuja. The firm has offices in Ado and Bauchi. All of these offices practice as one firm. As the medium firm of accountants and business consultants in Africa, Idowu Oluyomi & co. is committed to providing superior value added service and to delivering innovative solutions to complex business issues on a worldwide basis. In addition we have access to specialized experience and expertise from our international firm whenever required, enabling us to offer clients the broadcast possible industry strengths.

SCOPE

This information is specifically for the appointment of our firm as Auditors for establishments. We recognize your company will face critical challenges associated with start-up companies. As you grapple with these challenges, you need professional advisers who are absolutely focused on you. In our case this means providing audit services that delivers an independent challenge ,immediate wide-ranging support for your business and at the same time giving you maximum value.

The cornerstone of our success in accounting profession is our commitment to excellent client service monitored by the direct involvement of the higher level of our people. Our assurance and advisory services go beyond merely meeting statutory requirements. We help our clients perform better. We listen to their needs, think about the business implications and tailor the approach accordingly. A Partner is in charge of each client assignment, the size and complexities notwithstanding. Our audit approach emphasizes value to our clients by enhancing productivity and quality. Some specific features of our audit approach are: .Understanding our clients business, the environment in which it operates as well as the managements objectives. Assessment of the audit risks which is continually evaluated. Audit plans are customized by directing audit efforts towards areas of great risk, we customize our audit plans to meet the clients needs. .Analytical review procedures to help us identify early in the audit, unusual or unexpected balances and relationships that may indicate a specific risk or material miss-statement. .Maintaining contact with the Directors and senior management staff. We discuss key concerns and identify their procedures for planning, supervising and controlling business activities and accounting processes. .Development of client service plan early in each year to communicate service objectives, timing and organization. Discussing changes in laws, regulations, business conditions, organizational structure with the Directors and evaluating this knowledge for possible impact on the audit process, the clients compliance with relevant laws and for possible impact on clients business. .Issuing management letters after our audit. These will incorporate suggestions for improvements and solutions to problems.