Financial Accounting & Advisory

Q: What is the difference between statutory audit and forensic audit?

A statutory audit is a mandatory independent review of your financial statements to ensure accuracy and compliance with accounting standards. A forensic audit, on the other hand, is investigative — it is conducted when fraud, theft, or financial misconduct is suspected, and it provides evidence that can be used in legal proceedings.

Whether you are a growing business seeking a loan, a government agency needing a statutory audit, or a company suspecting internal fraud — Joseph Dauda & Co. provides the financial accounting clarity and advisory insight you need.

Financial clarity that drives business decisions.

At Joseph Dauda & Co., we believe that financial accounting should do more than just record the past — it should help you plan for the future. Whether you need accurate financial statements for a loan application, a statutory audit for compliance, or forensic investigation to uncover hidden risks, we provide straightforward, reliable accounting and advisory services you can trust. Our team is licensed by ICAN and CITN, ensuring every report meets professional standards.

What Our Financial Accounting & Advisory Covers

Statutory Audit

We conduct independent, thorough audits that ensure your financial statements are accurate and compliant with IFRS and local regulations. Our audit gives stakeholders — from banks to board members — genuine confidence in your numbers.

Financial Statement Preparation for Loan Applicants

Need a loan? We prepare clear, professionally presented financial statements that help lenders understand your business health quickly. Improve your chances of approval with statements you can rely on.

Forensic Audit & Investigations

Suspected fraud or financial irregularities? Our forensic experts dig deep, uncover evidence, and provide clear reports suitable for management action or legal proceedings. We bring clarity to complex financial puzzles.

Accountancy & Financial Advisory

From bookkeeping to management accounts, we keep your financial records accurate and up to date. But we go further — we advise on financial performance, cost savings, and profit improvement tailored to your industry.

Receivership & Liquidation

When a business faces distress, we act professionally and compassionately as receivers or liquidators, protecting the interests of creditors while following all legal requirements to the letter.

Special Audit & Investigations

Beyond statutory and forensic audits, we conduct special audits for specific purposes — regulatory compliance, internal policy violations, merger and acquisition due diligence, or shareholder disputes.

Common Financial Accounting Challenges We Solve

Messy or Incomplete Records

We transform disorganized receipts and scattered ledgers into clean, audit-ready financial records. You will always know your true financial position.

Loan Rejection Due to Poor Financials

Banks reject many Nigerian businesses simply because their financial statements are weak or unprofessional. We prepare lender-ready statements that tell your story clearly.

Hidden Fraud or Errors

Unexplained losses or suspicious transactions? Our forensic team investigates thoroughly and gives you actionable findings — not just suspicions.

Compliance Headaches

Unsure if your accounts meet ICAN, CITN, or IFRS standards? We ensure your financial reporting is fully compliant, so you avoid penalties and audit queries.

Lack of Strategic Financial Insight

Many business owners have accurate books but do not know how to use them for decisions. We provide advisory that turns numbers into actionable business strategies.

Ready to Work With Us?

Let’s discuss how we can help your business with audit, tax, and advisory solutions.

Call: 08033249201

Make an Enquiry!

Other Services

Project Management Consulting

Feasibility Studies & Cashflow Projections

Training & Development

Secretarial Services

Market Research & Survey

Socio-economic Studies

FAQS

Frequently Asked Questions

What is the difference between statutory audit and forensic audit?

How long does it take to prepare financial statements for a loan application?

Do you work with businesses that have poor or incomplete records?

Is statutory audit mandatory for every business in Nigeria?

What industries do you serve for financial accounting and advisory?