Our Background

 Saidu B. Samaila & Co. Chartered Accountants is a Financial and Management consulting firm incorporated in Nigeria. Our firm is made up of professionals with several years of combined work experience working largely with Civil Society, Public and Private Sector groups in Nigeria. We are an indigenous company of practising accountants managed by a group of qualified and experienced professionals licensed by the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria among others.

Our firm typically supports organizations to align their structures, strategies and systems with their shared vision. We do this by working with groups and teams to set up organizational management systems that enable directors and managers make meaningful management decisions in view of the growing demands from managers to back their decisions with evidence that are easily accessible and interpretable. To our minds, organizations that can do these in addition to having productive work climates are more likely to respond appropriately to changes in their environment and achieve improved services.

We always focus on applying tested and proven tools and methodologies in our approach and meeting internationally acceptable standards such as Generally Acceptable Accounting Principles (GAAP) in all finance related interventions.

Mission and Vision Statements Vision Statement

To help organizations see further and deeper into their businesses. Our work aims at assessing the financial health of the organizations and leads them to foresee and prevent financial crises and also enhance trust among stakeholders using the best possible and innovative professional tools.

Mission Statement

We audit to assist organization in meeting regulatory and market standards and stay uptrend in their various industries. An audit is more than an obligation – it’s a powerful lens for illuminating the current state of an enterprise, providing insight that can inform future aspirations.

Our Core Values

  • Honesty
  • Teamwork
  • Fairness
  • Accountability
  • Integrity and Reliability
  • Quality Our Location Head Office:

St James House, Plot 167, Adetokunbo Ademola Crecsent, Wuse 2, FCT, Abuja.

www.sbsamailaaccounts.com

Telephone: +2349121300300

AUDIT AND ASSURANCE SERVICES

Financial Management of both private and public sector organizations, irrespectiveof their size or nature is a very complex undertaking. Financial Statement auditsplay a very critical role in maintaining investor/stakeholder confidence. Therefore,itshouldbenotedthatthemanagementandBoardofDirectorsfaceextremepressures and challenges in protecting shareholder/stakeholder interests, addressingregulatory changes, competing in the global marketplace, and protecting corporatereputation to name but a few. Given the numerous regulations and compliancemechanisms that are mandatory requirements today, financial and audit works ofourclients’organizationsbeitpublicorprivatesector,canbetrustedwithexperiencedprofessionalsonly.

Saidu B. Samaila & Co. Chartered Accountants is a known name in the accounting, audit and compliance industry. Our headquarters is in Abuja and is founded by the well-known Dr. Saidu Balarabe Samaila, a renowned financial expert who has had a vast experience in Banking, Oil & Gas, Financial Management and a stint in the political terrain of Nigeria. We have our expertise in Tax management, audit and assurance of both the private and government organizations and we aim to be the preferred audit and consultancy firm for small to medium firms/organizations in Nigeria and Africa as a whole.

The major aim of our audit is to assist organizations in meeting regulatory and market standards and stay uptrend in the industry. An audit is more than an obligation – it is a powerful lens for illuminating the current state of an enterprise- providing insight that can inform future aspirations.

We are also set out to help organizations see further and deeper into their businesses. Our work aims at assessing the financial health of the organizations and leads them to foresee and prevent financial crises and enhance trust among their stakeholders in addition to meeting the regulatory compliance requirement.

We offer diverse customized audit services that suit the organizations’ needs and requirements of our numerous clients. Some of our audit assignments/services are as follows:

  1. Tax management: our firm provides clients with a broad range of fully integrated tax services, combining innovation with business and industry knowledge to help our clients’ company/organization excel
  2. Global Audit: maintaining global level regulatory compliances for our clients is an intricate and sensitive task. Saidu B. Samaila & Co. provides tailored global audit services to internationally active organizations in accordance with a variety of auditing standards including:
    1. Generally Accepted Accounting Standards (GAAPS)
    2. International Standards on Auditing (ISA)
    3. Etc
  3. Public Sector Audit Services: our firm provides a broad range of services focused on the nature and requirements of a Public Service audit combining innovation with business and industry knowledge to help our clients excel
  4. Private Sector Audit Services: we understand the structure and concerns of private organizations and owner-managed businesses. They face complex situations on a regular basis and need quick and effective actions that involve big risks. Therefore, we offer services that include:
    1. Strategizing against an increasingly competitive marketplace
    2. Address capital investment needs
    3. Comply with changing regulations
    4. Meet increasing stakeholder expectations
    5. Safeguard the asset of the organization
  5. Employee Benefit Plan Audit Services: we also provide Employee Benefit Plan Audit Services. Our professionals for these services receive regular, in- depth training that focuses on updated professional standards and regulations including the Federal Internal Revenue Service, State Internal Revenue Service/Board, and other regulatory requirements. These services require our firm to hire and train professionals with sound knowledge and experience with the laws and practices of financial regulations and requirements in Our team comprises of professionals from all over the world and we will accordingly allocate our highly esteemed client an experienced professional equipped with local knowledge.

Our team’s experience includes:

  1. Single and multi employer plans
  2. Defined benefit and defined contributions pension plans
  3. National Social Insurance Trust Fund (NSITF)
  4. Industrial Training Fund (ITF)
  5. Personal Income Tax Computation and Remittances
  6. Health and other welfare

TRAINING /HUMAN CAPITAL DEVELOPMENT

The recent global economic crisis has resulted in organizations looking for tailored learning and development strategies that are aligned with business objectives, cost effective and provide practical added value.

Managers, supervisors, and other members of staff that have one duty or the other to perform in an organization are now being equipped with the latest techniques as part of capacity development initiatives.

It should therefore be noted that human capital development in public sector is a panacea for efficient and effective implementation of government policy at all levels. Achieving the foregoing requires a comprehensive training of civil servants both in the areas of administration, information and Communication Technology, financial management and control. Of all the mentioned areas, capacity building especially in this era of resources constraints cannot be over emphasized.

Our firm is proud to have an assemblage of experienced and competent professionals. All our partners and managers have had their practical and professional training in leading firms in and outside Nigeria. We have also established a continuous training programme through which we train our staff and keep abreast of developments in the industry such that we are able to respond to the needs of our client on time.

Using proven tools and approaches developed by globally renowned development institutions, we provide consulting services on Financial Management System,

Leadership and Management Development, Management Systems Development and Strengthening, and Organizational Sustainability.

Saidu B. Samaila & Co. has an outstanding track record of developing and delivering training solutions that are highly engaging, action-oriented, and enjoyable. The experienced Team members of  Saidu B. Samaila & Co. had gained gain wide experience from projects they undertook across the nation that enables us to continually build on the extensive practical expertise and knowledge acquired over many years of working with clients. Our training delegates in Health care industry, information and Communication Technology, finance and banking, revenue management benefit from the latest tools and techniques combined with first-hand advice.

Our trainers are practitioners in their field who can use real life examples and case studies to support their teaching. They energize and inspire participants to discover their potential ensuring that what they learn can be transferred to their workplace and their day-to-day life. In fact, we pride ourselves on thinking beyond the training to develop knowledge that makes a real difference to the individual, their team and their organization.

Our interactive training encourages our participants to learn from each other and, where appropriate, will include a site visit to enable participants to experience what they are learning in a practical, real-life environment. Our training courses, seminars and workshops are run in our training center as well as venues all over the country.

In addition to our scheduled courses we are also able to:

  • Custom-design training courses to meet your organizations needs
  • Tailor programs to meet the demands of a specific

Saidu B. Samaila & Co. recognises the important needs of its clients and is therefore set to provide them with its expertise in this regard. By knowing our clients’ needs, by keeping them foremost in our minds and deeds, by observing the legal and government policy directives and by thoroughly understanding the workings of both local and global economy, we bring to our clients much strength such as:

  • Technical competence
  • Highly trained professional personnel
  • Effective quality control

TAX AND CONSULTANCY SERVICE

In Saidu B Samaila & Co, we help our clients with all aspects of Taxation in Nigeria. This may involve liaising with all the relevant tax authorities and all forms of taxation. Our main focus is to help our clients understand and take advantage of the various tax laws and administration in the Country.

As a licensed (CITN) Tax practitioners, we work closely with our clients to develop their in-house tax administration capacity, help our clients plan all tax issues in advance, ensure that our clients comply with all relevant laws and regulations, file all taxes on behalf of our clients with the relevant administration.

Through our regular expert analysis we keep our clients current on all tax issues affecting their organization. We are also involved in debt counseling, credit restoration, payroll services and financial reporting.

Our other area of tax focus is to help governments expand and exploit their tax base and collect more revenue through available tax laws. We also work with the relevant tax authority to conduct Tax Audit where requested.

With multiple tax authorities and many tax laws, the need for the services of professional tax expert cannot be over emphasized. We are available to serve our clients 24/7 and do our best to resolve all possible tax issues in a professional manner. Our services are accurate and affordable.

ICT SERVICES

“From the past era to the present day, the unstoppable force of Artificial intelligence (AI) has been revolutionizing every dimension of human civilization and it will continue to do so”

Information and Communication Technology had in the last few decode changed the way we work, communicate, do business, live, entertain, store, and keep records, and indeed every facet of human endeavor. Education, Finance, Medicine, Entertainment, Sports, financial services, indeed every industry will continue to be influenced by the advancement of information and communication technology especially with the advent of improved AI Solution, data security, data storage, big data usage for AI and the corporate privacy are increasingly important for our day- to-day life.

It is based on some of the above amongst others that we had concluded to work with several ICT companies to leverage their services to small and medium sized corporations.

We have been working with “NEW GEN TECK IT SOLUTION SERVICES” with their partners, to offer hardware and software security solutions that are currently used by top-rated world-class companies.

Some of the tools and brands offered by “NEW GEN TECK” include but not limited to the following:

Tools and brands:

Splunk:A SIEM (security information and event management) used for monitoring and searching through big data. It indexes and correlates information in a container that makes it searchable, and makes it possible to generate alerts, reports and visualizations. Splunk powerful search engines made it famous within some of the most critical private and public infrastructure such as: The US department of defense – Pentagon, US Department of Energy, US Department of Interior and a lot of other government agencies and departments in addition to the private sector: Hyatt, Honda, Domino’s, Intel, Airbus, etc

Tenable: One of the most comprehensive risk-based vulnerability management solution. It is a subscription-based service which allows different teams to share scanners, schedules, scan policies and scan results. Tenable also contains what was previously known as Nessus Cloud, which used to be Tenable’s Software-as-a-Service solution. Similar to Splunk, Tenable is widely used in a lot of environments which includes more than half of The Fortune 500 in addition to various government agencies and departments including the US Department of Defense.

Encase: A tool that is traditionally used in forensics to recover evidence from seized hard drives. Encase allows the investigator to conduct in depth analysis of user files to collect evidence such as documents, pictures, internet history and Windows Registry information. EnCase is used by 19 out of 20 most powerful governments in the world and by 28 out of the of the top 30 US banks in addition to more than 50 of the Fortune 500.

DLP Forcepoint: Forcepoint DLP Endpoint is a comprehensive, secure, and easy-to-use endpoint data loss prevention solution. It monitors real-time traffic and applies customized security policies over application and storage interfaces, as well as for data discovery. It allows security administrators to either block or monitor and log files that present a policy breach. It creates forensic monitoring that allows administrators to create policies that don’t restrict device usage, but allow full visibility of content traffic. You can monitor user activity inside endpoint applications, such as the cut, copy, paste, print, and print screen operations. You can also monitor endpoint web activities and Microsoft Outlook email, and know when users are copying data to external drives and endpoint devices. Similar to the rest of our products, Forcepoint is used by many of the known and leading companies in different fields such as IBM, CVS Pharmacy, Boeing, Microsoft, Toyota, Walmart, and other government agencies and departments.

Websense: Websense Content Gateway (Content Gateway) is a Linux-based, high-performance Web proxy and cache that provides real-time content scanning and Web site classification to protect network computers from malicious Web content while controlling employee access to dynamic, user-generated Web 2.0 content. Both Websense and DLP are provided by the same vendor so the customer platform is the same.

BMC Remedy: It is a modern help desk system that helps organizations to fuel-up the workplace with all-around customer assistance center. Remedy BMC is used by hundreds of organizations throughout the world from manufacturing and finance to oil, gas, energy and IT. It is widely known in the field and amongst the IT professionals as remedy ticketing system.

The other company we had a memorandum of understanding to work with is the
AUTOMATED SYSTEM INTERNATIONAL.

They deploy the “leserfiche Enterprise Document & Records Management

Solutions”. The ECM help organizations DIGITIZE THEIR DOCUMENTS and AUTOMATE a document-driven processes, allowing the authorized users to access the right information at the right time in real time.

Using robust back-end technology ECM allows structured information to be easily defined and shared across multiple departments or teams.

The process includes:

  1. Content capture & imaging
  2. Secure documents storage in a digital repository which can be easily viewed or make edits.
  3. Full text search and retrieval
  4. Automation of business processes
  5. Granular document security: this allow organization take control of information across the entire organization by restricting access to folders, documents, fields, annotations and other granular document
  6. Digitally capture paper and approve forms or memos
  7. Save paper and storage The system eliminates costly file cabinets by digitalizing paper documents. It also reclaims storage rooms.
  8. Locate contents It allows authorized users to exactly what they are looking for with robust search functionality.
  9. Centralized and secure contents. The system brings together digital files from multiples locations and sources in a unified repository with configured
  10. Organize contents intuitively. ECM display information about documents context alongside it in editable fields. It also connect related documents like emails attachments, using

ASI, ECM has been implemented in the following location in Nigeria:

  • The Presidential Villa, State House Abuja (Office of C-in-C)
  • State House Office of the Vice President
  • State House Office of the Chief of Staff
  • State House Abuja (Open and Secret Registry)
  • Department of State Services (All Directorates)
  • Securities and Exchange Commission (SEC)
  • NNPC Corporate Headquarters, Abuja (GMD’S Office, Group Human Resources Department, Group Finance & Accounts Directorate, Corporate Services and Legal Department, Crude Oil Marketing Department)
  • Warri Refinery and Petrochemical Company (WRPC)
  • Port Harcourt Refinery Company Ltd
  • NNPC Zonal Offices
  • National Board for Technical Education (NBTE).