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 decades 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 solutions, 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.

MISSION

  • NewGenTeck is a well-established and most trusted IT service organization
  • We serve as an asset to any business – bringing in productivity and connecting resources
  • We have served an ever-growing number of clients and in a short period of time, we became the go-to firm for IT solutions
  • With a great focus on defending our client’s valuable assets and while using the most recent and up to date security technologies, we are striving to always be the one-stop-shop for all our client’s managed IT services

SERVICES

  • Security Engineering and Architecture
  • IT Support
  • Forensics and Incident Response
  • Information Assurance and Audit
  • Penetration testing and system assessment
  • User training and education
  • Technical Consulting for Cloud Technologies and Services

DIGITALIZATION AND EASE OF BUSINESS

  • Leveraging technology for business use would always spike the revenue and is a value-producing opportunity
  • Digitalization in business helps to improve the efficiency of its operations, making automation possible which leads to fewer human errors and reduced operational costs, due to the decreased need for human resources
  • In addition, digitalization has blessed us with countless sources of expertise and knowledge available. Every company needs to be aware of the knowledge that lies beyond the traditional boundaries
  • In a nutshell, digitalization in business has proven to be almost essential for business success

TECHNOLOGY AS A CATALYST

The digital internet age is presenting major opportunities in the development space in the 21st century. In every single sector, technology is disrupting the status quo: from financial access to property rights, from health to education, from energy to water, as well as government services, measurement of outcomes, and implementation methods. Technology can exponentially facilitate the achievement of development goals through rapid scale

MODERN IT ARCHITECTURE

To enable digitalization, there must be an adoption of a modern enterprise IT architecture:

  • Modern enterprise architecture focuses beyond managing IT assets and aligns them with the business.
  • Through continuous review of products and services, IT can optimize delivery and help the organization meet its strategic goals.

NEWGENTECK IS YOUR SOLUTION

Our services help you identify:

  •  The current state of your organization
  •  Envision the desired target state and determine the necessary transition states in between
  • We take a holistic approach to each state and define the needed capabilities—processes, organization, application, technology/infrastructure, data and other architecture views—to ensure every product supports the overall business objectives
  • Our approach provides substantiated linkage between your designs and the recommended solutions with the business strategy, strategic goals and challenges

SPLUNK USE CASES FOR SECURITY

  • Splunk can be used to stop brute Force Attacks. Brute force attacks are attacks where hackers try to get a password by trying out different combinations until they eventually get the right password
  • Splunk can be used to identify potential cyber-attacks that are not yet known ( zero-day attacks) which can help companies to prepare for those attacks better
  • Splunk can also be used to detect and investigate Malware
  • Splunk can also be used to monitor user actions across the network

SOLUTION CASE STUDY 1: SPLUNK

  • Data is key in solving our modern enterprise issues, It helps make informed decisions based on evidence
  • Data allows organizations to measure the effectiveness of a given strategy. Collecting data will allow you to determine how well your solution is performing, and whether your approach needs to be tweaked or changed over the long-term
  • Splunk is a platform widely used for monitoring, searching, analyzing, and visualizing the machine-generated data in real-time. It performs capturing, indexing, and correlating the real-time data in a searchable container and produces graphs, alerts, dashboards and visualizations
Splunk Solution Case Study

ENCASE USE CASES

  • Encase forensics can be used  by investigators to identify and prioritize potential evidence in computers , laptops and mobile devices.
  • It can be used to recover evidence from destroyed devices such as computers, laptops and mobile devices.
  • It provides reporting features that law enforcement personnel, attorneys and judges can use to help close their cases at a faster rate.

SOLUTION CASE STUDY 2: ENCASE

  • Having the data to make insightful decisions on shaping your digitalization strategy is good until loopholes start showing within the system.
  • Enforcing a non-repudiation policy and making sure there is a response to anomalies existing in the system are part of the holistic approach.
  • EnCase is one tool that helps leverage this stage of the project. It is used in forensics to recover evidence from hardware assets. It allows the analyst to conduct in depth analysis of endpoint files to collect evidence such as documents, pictures, internet history and Windows Registry information.
Encase Solution Case Study

FORCEPOINT USE CASES

  • Forcepoint can be used to help companies to protect their data and also stop companies from losing their data
  • Forcepoint comes with an analytics engine that can identify and rank security incidents within the company
  • It can be used to send out emails to IT security leaders within the organization when users are trying to export company data such as files to external devices such as USB drives
  • Forcepoint can also discover and remediate sensitive data stored on laptops and desktops

NewGenTeck will help you leverage technology as a catalyst for change, a mean for excellence, and a bridge for efficiency.

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).