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Posts matching Audit

Regulations for Auditing Pension Funds

2016-12-22 2:35 AM | by Nigeria Compliancehub

The present practice whereby pension funds are audited independently at different periods with the PFAs and PFCs, has led to incomplete and incomprehensive audit reports of the funds. This practice impinges on balanced regulatory judgment and is of concern to the Commission.

The foregoing have made it imperative for the Commission… Read more

315 agencies fail to submit audited accounts - OAUGF

2017-01-19 1:58 PM | by Nigeria Compliancehub

The report of the Senate Committee on Public Accounts on the status of compliance of parastatals on submission of audited accounts to the OAUGF obtained yesterday has revealed that no fewer than 315 Federal agencies including the Nigerian Ports Authority (NPA), Nigeria Deposit Insurance Corporation (NDIC) have failed… Read more

AMCON Employs KPMG To Audit Finances Of Arik Air

2017-02-14 9:27 AM | by Nigeria Compliancehub

The Asset Management Corporation of Nigeria (AMCON) has employed the services of an auditing firm, KPMG, to look critically into the finances of Arik Air, which it took over last week, to determine its true financial status.
This came after the immediate past President of the Aviation Round Table… Read more

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