Quotation Estimate Accountant in Nigeria Lagos –Free Word Template Download with AI
Apex Financial & Accounting Solutions Ltd.
14B Adeola Odeku Street, Victoria Island, Lagos, Nigeria
Tel: +234 (0) 803 555 7210 | Email: [email protected]
RC: 1487293 | TIN: 10234567-0001
This Quotation Estimate is formally issued by Apex Financial & Accounting Solutions Ltd. to provide a comprehensive and transparent breakdown of professional Accountant services tailored for businesses and individuals operating within Nigeria Lagos. Our firm has been serving the commercial and industrial sectors of Lagos for over fifteen years, offering expert financial management, tax compliance, audit support, and advisory services that align with the regulatory frameworks of the Federal Inland Revenue Service (FIRS), the Lagos State Internal Revenue Service (LIRS), and the Nigerian Financial Reporting Council (NFRC).
The purpose of this Quotation Estimate is to outline the scope of work, deliverables, timelines, and associated costs for engaging a qualified Accountant to manage the financial operations of your organisation in Nigeria Lagos. All figures presented herein are in Nigerian Naira (NGN) and are subject to the terms and conditions stated in Section 7 of this document.
The Accountant engagement under this Quotation Estimate encompasses the following professional services delivered within the Nigeria Lagos business environment:
| # | Service Description | Frequency | Duration | Estimated Cost (NGN) |
|---|---|---|---|---|
| 1 | Monthly bookkeeping, journal entries, and general ledger maintenance for the client's operations in Lagos | Monthly | 12 months | 180,000 |
| 2 | Preparation and filing of VAT, Withholding Tax (WHT), and PAYE returns with FIRS and LIRS | Monthly | 12 months | 120,000 |
| 3 | Annual financial statement preparation in compliance with IFRS and Nigerian GAAP | Annually | 1 cycle | 450,000 |
| 4 | Corporate tax return preparation and filing (Companies Income Tax Act compliance) | Annually | 1 cycle | 350,000 |
| 5 | Payroll processing, statutory deductions, and pension contributions for up to 50 employees | Monthly | 12 months | 96,000 |
| 6 | Monthly management accounts, budget variance analysis, and financial reporting to stakeholders | Monthly | 12 months | 144,000 |
| 7 | Advisory on Lagos State business permits, CAC annual returns, and regulatory compliance | As needed | 12 months | 80,000 |
| 8 | Internal audit support and reconciliation of bank statements, fixed assets, and inventory | Quarterly | 12 months | 200,000 |
| TOTAL ESTIMATED ANNUAL COST | 1,620,000 | |||
The Accountant assigned to your account will hold a minimum of a Chartered Accountant (ICAN) or Certified Public Accountant (CPAN) designation, with a minimum of eight (8) years of post-qualification experience in corporate accounting within Nigeria Lagos. The assigned professional will be fully registered with the relevant professional body and will carry professional indemnity insurance covering a minimum of NGN 50,000,000.
Payment for the services outlined in this Quotation Estimate shall be made on a monthly basis, with invoices issued on the 1st of each month for services rendered in the preceding month. Payment is due within fourteen (14) calendar days of invoice date. A late payment penalty of 2% per month will apply to outstanding balances. All payments shall be made via bank transfer to the firm's designated account in a Nigerian commercial bank.
This Quotation Estimate is based on the following assumptions: the client's operations are primarily located in Lagos, Nigeria; the number of transactions processed monthly does not exceed 500 entries; and the client provides all necessary source documents in a timely manner. The following are excluded from this estimate: statutory external audit fees, litigation support, forensic accounting, and any services arising from non-compliance penalties imposed by regulatory bodies in Nigeria Lagos.
This Quotation Estimate is valid for thirty (30) days from the date of issue. Upon acceptance, a formal Service Agreement will be executed by both parties. The Accountant engagement will commence within five (5) business days of contract execution. Any changes in scope after commencement will be subject to a revised Quotation Estimate and mutual written consent.
- All services shall be performed in strict compliance with the Companies and Allied Matters Act (CAMA) 2020, the Tax Administration Act 2024, and applicable Lagos State regulations.
- Confidentiality of all financial data and business information is guaranteed under the Data Protection Act 2023 (Nigeria).
- The Accountant shall not be held liable for penalties arising from information provided inaccurately by the client.
- Either party may terminate the engagement with thirty (30) days' written notice. Fees for services rendered up to the termination date remain payable.
- Disputes arising from this Quotation Estimate or the subsequent agreement shall be resolved through arbitration in Lagos, Nigeria, in accordance with the Arbitration and Conciliation Act.
- All deliverables shall be provided in both electronic (PDF/Excel) and hard copy formats as requested by the client.
By signing below, both parties acknowledge and agree to the terms set forth in this Quotation Estimate for Accountant services in Nigeria Lagos.
For: Apex Financial & Accounting Solutions Ltd.Name: _________________________
Title: Managing Partner / Lead Accountant
Date: _________________________ For: [Client Name / Company]
Name: _________________________
Title: _________________________
Date: _________________________ ⬇️ Download as DOCX Edit online as DOCX
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