Sector experience across oil and gas services, marine and logistics, trading, construction, manufacturing, professional services, NGOs, and owner-managed SMEs in Nigeria.
The oil and gas services sector presents accounting and tax challenges that are among the most technically demanding in the Nigerian economy — IFRS 15 for long-term service contracts, Petroleum Profits Tax, dual-currency billing and IFRS 9 treatment, and NUPRC regulatory reporting. Joe Adinma & Co. has active engagements with oilfield services companies, marine logistics operators, engineering contractors, and gas processing entities across this sector.
Marine logistics and shipping companies face complex asset accounting, multi-currency revenue structures, and regulatory demands including cabotage levies and NIMASA compliance. We provide statutory audit under ISA and CAMA, IFRS financial statements with expertise in IFRS 15 and IFRS 16 for charter arrangements, and CIT, VAT, WHT, and PAYE compliance under the Nigeria Tax Act 2025.
Trading and distribution businesses face challenges centred on inventory management, import duty and VAT compliance, and trade receivables in a high-credit-risk environment. The NTA 2025 significantly affects this sector — particularly expanded input VAT recovery and mandatory e-invoicing. We provide statutory audit, IFRS / IFRS for SMEs reporting, and NRS assessment defence.
Construction and engineering companies face complex IFRS 15 revenue recognition for long-term contracts — stage-of-completion, contract modifications, variation orders, and retention accounting. We provide statutory audit with deep focus on long-term contract accounting, project-based cost accounting support, and CIT, WHT, and VAT compliance.
Manufacturing entities require rigorous cost of production schedules, overhead absorption methodology, IAS 2 inventory costing, and IFRS-compliant financial statements. We support statutory audit, tax compliance under the Nigeria Tax Act 2025, and financial reporting that meets lender and regulatory requirements.
Law firms, medical practices, consulting firms, and other professional service businesses require audit, tax compliance, and financial reporting aligned to their partnership or corporate structures. We also undertake forensic investigations commissioned by boards when financial irregularities are suspected.
Non-governmental organisations face donor reporting frameworks, restricted fund accounting, foreign exchange management, and SCUML and CAC compliance obligations. We provide statutory audit with donor audit experience, IFRS financial statements, donor project financial reports, and NRS tax compliance.
Owner-managed businesses need an accountant who is genuinely available, technically competent, and engaged with their business as a commercial undertaking. Since 2010 we have brought the same technical standards to growing SMEs as to larger corporates — statutory audit, IFRS for SMEs reporting, tax compliance, bookkeeping, and business advisory.
We use essential cookies for security and session management, and store your theme preference locally. See our Privacy Policy for details.
