Services

What we do

Accounting and bookkeeping

At FIC, we help our clients with accounting services by providing services such as

  1. Bookkeeping services
  2. Preparation of annual financial statement
  3. Preparation of management accounts on monthly and quarterly basis
  4. Budget preparation and monitoring
  5. Cash flow projections
  6. Payroll management
  7. Internal control assessment and strengthening
  8. Recommendation of software and the training of staff on the use of software
  9. Statutory filings such as PAYE, VAT, SSNIT & TIER 2
  10. Hiring and training of account staff

TAX ADVISORY AND COMPLIANCE

Tax Filing & Compliance:

  • Preparation and filing of individual (both local and expatriates) and company (entity) income tax returns.
  • Value Added Tax compliance.

Tax Planning:

  • Domestic and International (cross border) tax planning.
  • Industry/company-specific tax planning.
  • Provision of tax advice on business mergers, acquisitions, and disposals.
  • Customs and Excise tax management.

Tax Advisory:

  • Providing advice on tax risks and how they can be minimized.
  • Withholding tax management.
  • Transfer pricing issues and tax planning relating thereto

Tax Mediation:

  • Advising clients regarding their compliance obligations and assisting them to comply with the relevant tax laws to meet tax obligations.
  • Representing our clients at the Ghana Revenue Authority (GRA).

Tax Audit:

  • Conducting tax due diligence and tax health checks on clients and advising on matters relating to tax risks and their minimization.
  • Resolution of tax audit issues with the Ghana Revenue Authority (GRA).

Audit and Assurance

EXTERNAL AUDIT SERVICE

Our audits are performed in accordance with International Standards on Auditing issued by  the International Auditing and Assurance Standards Board, the Companies Act, 2019 (Act 992) and any other applicable law(s) and/or regulation(s).

Throughout the process, the team will have in-depth conversations to gain an understanding of the client and its environment including internal controls.

With independence, integrity and rigorous assessment of risk, we challenge management towards their success drive and provide stakeholders with the confidence needed to rely on the financial information we audit.

INTERNAL AUDIT

We can meet any or all of your internal audit needs with these solutions:

  • Internal control risk assessments
  • Operational audits
  • Independent and objective analysis
  • Special project needs
  • Internal auditor training
  • Internal auditor work paper review and mentoring
  • External Quality Assessments of the internal audit function in accordance with The Institute of Internal Audit (IIA) Professional Standards
  • Self-Assessment with Independent External Validations of the internal audit function in accordance with IIA Professional Standards
  • Advice and consultation on internal control issues, control design, and risk- reduction strategies

FORENSIC AUDIT SERVICES

At Finance ink consult, we offer comprehensive forensic audit services designed to detect financial irregularities, fraudulent activities, and misconduct within organizations. Our specialized team of forensic auditors utilizes advanced investigative techniques and in-depth analysis to provide actionable insights and evidence-backed findings.

SPECIAL PURPOSE AUDIT SERVICE

We offer customized special purpose audit services to meet unique business needs and stakeholder requirements. Our specialized audit engagements focus on specific objectives and limited scopes, providing comprehensive insights and assurance for specific purposes.

IT advisory & consultancy

At Finance Ink Consult, we provide IT consultancy and advisory services tailored to meet the evolving needs of  businesses. Our  team of experts are ready to provide you with strategic guidance and practical solutions across these IT domains.

  • Assessment of IT Systems
  • ISO 27001 Implementation
  • Drafting & Review of Policies and Procedures
  • Enterprise & Information System Risk Assessments
  • Anti-Money Laundering Audit & Reporting
  • IT/Cybersecurity Audit
  • System Audit Reviews (ISACA & CISA) & Process Auditing
  • Enterprise Architecture (Design & Implementation)

Business Advisory

We provide our clients with transactional services which include:

  • Preparing a business for sale or disposal,
  • succession planning,
  • venture capital backed transactions,
  • valuations and transaction services
  • vendor and financial due diligence investigations
  • assisting clients with the preparation of regular management information, including management accounts and providing sound and insightful financial advice and commentary based on reviewing the accounts and other information to enable proper decision making.

BUSINESS SECRETARIAL AND ADMINISTRATION

Our company secretarial team helps our clients and their officers to fulfill their statutory obligations in an efficient manner.

Our experienced and friendly team will be happy to deal with any of the following, together with any other points of company law that may arise. Some of our services include:

  • Company incorporations, registrations and conversion of entities
  • Office setup
  • Bank account opening
  • Annual return preparation and filing
  • Provision of nominee director and nominee company secretary
  • Review of company records and all statutory registers, preparation and review of business operating manuals such as accounting policies and procedures manual, human resources manual, credit policy and procedures manual and operational manual.
  • Advisory services for foreign investors in terms of capital requirements under the GIPC Act; and requirements imposed by the Local Content Regulation for entities in the oil and gas sector.
  • Assisting in drafting policies and proposals like Enterprise Risk Management, IT Security Policy, Business Plan and Proposals

Professional and executive Training

We have well equipped professional services unit that provide executive training to staff of our clients ranging from:

    • Leadership Development: Programs designed to enhance leadership skills for executives, managers, and emerging leaders. These may cover topics such as leadership styles, team management, and strategic decision-making.
    • Financial  Management: Training on financial principles, budgeting, and financial management for individuals and organizations.
    • Tax Training: Workshops that help individuals and businesses understand tax regulations, tax planning, and strategies to minimize tax liabilities.
    • Audit and Compliance: Training on auditing practices, compliance requirements, and internal controls for organizations.
    • Business Strategy and Planning: Programs that focus on strategic planning, market analysis, business development, and growth strategies for businesses.
    • Accounting and Bookkeeping: Courses on accounting principles, financial reporting, and bookkeeping practices.
    • Risk Management and Governance: Training on risk assessment, risk management strategies, and corporate governance.
    • Technical Training: Specialized technical training relevant to a specific industry or sector, such as procurement,  finance.
    • Compliance and Regulatory: Programs that help organizations comply with industry-specific regulations and standards.
    • Certification Programs: Offering preparation courses for various professional certifications, such as ICAG, CITG and others.
    • Customized Training: Tailored training programs that meet the specific needs and goals of individual clients or organizations.