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Projects
This Project was sponsored by the UK’s Global Opportunities Fund to promote trade between the UK and Nigeria. This project was motivated by the Convention on Business Integrity’s (CBi) belief that the major reasons why Nigeria is unable to reach her economic potentials stems from the fear, uncertainty and doubt that the title “Nigeria or Nigerian” evokes in people.
A toolkit was produced that was used at the training workshops. It is expected that this tool kit will assist in building the capacity of SMEs for transparency and accountability that will assure potential investors, ensure sustainability of such businesses and subsequently promote the levels of trade and investment between the United Kingdom and Nigeria. The firm of Irwin and Grayson Associates in the UK were engaged to develop the tool kit. The Toolkit was launched in December 2006 and series of workshops have followed suit. Information on the workshops is available on the news and events page.
So far over 400 SMEs and individuals have been trained. Participants were drawn from The Chambers of Commerce of Lagos, Kaduna and Abuja. Other membership organizations that recommended participants include, LEAP Africa, Fate Foundation, the Enterprise Development Service of the PAN Africa University, the Abuja Enterprise Agency and the Economic and Financial Crimes Commission.
We commenced on a monitoring and evaluation exercise as well as Focus-Group Discussions to get feedback from the participants that attended the workshop early this year
These are comments and feedback from some of the
staff of the SMEs on the introduction and implementation
of new accounting software in their organizations
by the SPA assigned to work with them.
- Comments and Appraisal of Simply Accounting
and the Implementation process By Sales officer,
Neo-Reflex Nigeria Limited (SME project handled
by NGK & Associates)
Simply accounting software has contributed immensely
to Neo-Reflex Nigeria Limited. The software modules
have impacted the principles of accountability and
transparency to our organization. These modules
include payment, purchase order and quotes, sales
order, inventory and services, miscellaneous transactions,
accounts, receipts, vendors, customers, etc.
The accounting software helps us to manage our inventory
and services knowing the numbers of items we have
in stock, the product we have in stock and the one
we do not have presently.
The most important aspect is that it has helped
us greatly in managing cash that we disburse on
project and for office supplies, entertainment etc.
Now those working on our site project have to keep
an imprest retirement sheet to show how they spend
the cash given to them.
- Appraisal of Accounting software by a
staff member of Fortune Systems service Limited
(Project handled by NGK & Associates)
Simply Accounting software as introduced to the
organization by NGK & Associates enables us
in sales and services to take inventory, pay vendor
invoices and make their payments through our records.
- Feedback on Impact Made By NGK &
Associates on Standard Interior Decorators
Standard Interior Decorators Ltd members of staff
are doing well especially in the area of assimilation
and willingness to learn and incorporate the changes
brought by NGK & Associates Consultants. The
immediate change is that transactions are now being
documented and there is general control awareness
in the company from the CEO to the staff.
To promote our advocacy initiative and assist in
dissemination of information, CBi is producing a report
on The 50 most Admired Companies in Nigeria. A research
company has been contacted and plans to market the
Report is on the way. The objective of the report
will be to identify and recognise best companies based
on our criteria; to ensure that companies and individuals
know the right companies to do business with and get
value for their money. It would be a reference point
for companies who like to know their present ratings
and areas to improve on.
For more details, please contact
Ms. Ime Enang
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