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Leading professional services firm PricewaterhouseCoopers (PwC) Nigeria has called on Nigerian companies and auditors to test run the new International Auditing and Assurance Standards Board (IAASB) auditors’ report model at least once before the required reporting period.
This report covers Africa's infrastructure backlogs and its future demands is high on the agendas of leaders and civil society on the continent and abroad.
PwC restates commitment to advancing and empowering women
PwC’s long-term global GDP growth projections that predicts Nigeria and other emerging economies of Indonesia and Mexico will push UK and France out of the top 10 economies by 2050.
PwC’s inaugural publication entitled, IPO Watch Africa 2014, has found that US$11bn was raised in 2014 in the African equity markets across the continent, almost equal to the combined money raised in the whole of 2012 and 2013, which totalled US$11.1bn
PwC Nigeria, a leading professional services firm, has challenged financial institutions operating in Nigeria and the sectors’ regulators on the need to develop a regulatory framework to drive the implementation of the Foreign Account Tax Compliance Act (FATCA) in the country.
The Best Company For Working Moms award was presented in recognition of PwC’s excellence in providing working Moms the opportunity to advance, creating a flexible work place for Mothers & for creating the Mentor Mom Programme for employees.
Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by four hours last year, according to the Paying Taxes 2015 study.
A country like South Africa which is a smaller economy generates far more revenue from taxes alone than what Nigeria generates from all sources including oil. To promote a taxpaying culture, a good starting point is to ensure that everyone seeking a political office in 2015 is thoroughly screened for full tax compliance.
Family Businesses in Nigeria have seen similar growth levels as the world as a whole over the last year. However, they are more bullish about future growth with 25% aiming to grow quickly and aggressively over the next five years (vs. 15% globally). The key challenges to growth will be staff recruitment, government policy/regulation, market conditions and the threat posed by political instability.
Excess Dividend, Tax Watch August 2014
The FIRS on 24 July 2014 stated at a stakeholder meeting that the income tax returns filed by foreign companies doing business in Nigeria will no longer be accepted unless accompanied with audited financial statements as well as tax and capital allowance computations among other requirements.
PwC Nigeria hosted the first 'Africa Business Agenda' networking breakfast, incorporating a CNBC Africa panel discussion, around the 24th World Economic Forum on Africa. The breakfast which took place on 9 May 2014 in Abuja, incorporated a CNBC Africa panel discussion focusing on the realities of doing business
ACCA partners with PwC Nigeria to build local capacity on IFRS
PwC global network announces record worldwide revenues and restructures Africa operations