SME/Startup Finance Partner Driving business success for greater societal impact. Tel: 09040029076 [email protected]
Lagos, Nigeria
Joined December 2020
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Understanding Nigerian Tax System - Value Added Tax (VAT).
VAT is a tax charged on goods and services.
#Taxservices
#Finance
#Accounting
Aside complying with taxes, businesses also need to comply with
1. National Social Insurance Trust Fund (NSITF)
2. Industrial Training Fund (ITF)
3. Pension Contribution (PENCOM)
#Compliance
WhatsApp 09040029076
Psalmurai Consult retweeted
One of the challenges many businesses faces today is inaccurate financial data.
Inaccurate financial data may be useful for nothing, leaving entrepreneurs stranded.
Need to diagnose and clean up?
Reach out to us at Psalmurai Consult @PsalmuraiC
WhatsApp 09040029076
Getting sales alone is not sufficient to achieve success in business. To succeed, businesses needs financial information to manage cost, cash flows, get funds, assess performances, determine tax liabilities, etc.
Let's connect to see how our services can help.
Net income can look great on paper, but cash keeps the lights on.
Here is why Operating Cash Flow (OCF) is the ultimate pulse check for your business health:
• Shows Core Profitability: Unlike net income, OCF strips out non-cash expenses like depreciation and amortization,
showing the actual cash generated by day-to-day operations.
• Drives True Liquidity: High sales with delayed collections equals cash traps. OCF tracks how efficiently your inventory, receivables, and payables turn into actual cash in the bank.
• Fuels Sustainable Growth:
During our campaign to teaching financial literacy to our audience, we have looked at
Profit or Loss
Balance sheet
Vertical Analysis
Horizontal Analysis
And now, we want to take a deep dive into cash flow statement.
Let's go!!!
In our financial literacy series, we have talked about
Profit or Loss
Statement of financial position (Balance Sheet).
Now, going into September, we shall be discussing what is termed as the "king" of report which is the cash flow report.
Stay tuned.
Financial literacy series.
Understanding Financial Statements—Balance Sheet
Topic in view: Horizontal analysis in Balance sheet.
Horizontal analysis allows you to assess how a business has performed over time as to weather the business is improving or declining.
What is Non-Current Liability and how is it different from Current Liability?
Do you need accounting, reporting, tax compliance or any finance related services for your business?
We are just a chat away.
WhatsApp: 09040029076
Financial literacy series.
Understanding Financial Statements—Balance Sheet
Topic in view: Retained earnings
Financial literacy series.
Understanding Financial Statements—Balance Sheet
Topic in view: Retained earnings
Psalmurai Consult retweeted
Ladies & Gentlemen, my name is Samson Olubode. I am a consultant into accounting, finance, tax, and Green House Gas, and Sustainability reporting.
I am the Principal consultant for @PsalmuraiC
