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Posts matching Finance

Financial Reporting Council of Nigeria Act

2016-12-20 12:13 PM | by Nigeria Compliancehub

This Act seeks to establish the Financial Reporting Council of Nigeria (FRCN) charged with the responsibility for, among other things, developing and publishing accounting and financial reporting standards to be observed in the preparation of financial statement of… Read more

Financial Year Act

2016-12-20 12:20 PM | by Nigeria Compliancehub

An Act to provide for the alteration of the financial year and for the appointment of the new period of January to December as being the financial year henceforth and for purposes connected therewith.

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Money Laundering (Prohibition) Act, 2014

2016-12-20 3:29 PM | by Nigeria Compliancehub

This Act provides for the repeal of the Money Laundering Act 2004 and enactment of Money Laundering (Prohibition) Act, 2011; makes comprehensive provisions to prohibit the financing of terrorism, the laundering of the proceeds of a crime, or an illegal act; and provides appropriate penalties and expands the… 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

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