S.S Afemikhe & Co carries out value for money (VFM) reviews for public and private corporations in order to ensure that resources have been applied positively to achieve ECONOMY, EFFICIENCY and EFFECTIVENESS.
Economy – is the practice by management of the virtues of thrift and good housekeeping.
Efficiency – is making sure that maximum useful output is gained from the resources on each activity, or alternatively, that only the minimum level of energy and work necessary is given level of output.
Effectiveness – Ensuring that the output from any given activity is achieving the desired result.
S. S. Afemikhe & Co has undertaken extensive Value for Money reviews on multi-million dollar Joint Venture and Production sharing companies and projects in the Upstream and downstream sectors of the Nigeria petroleum industry with both offshore and onshore financing contents encompassing cost, inventories, capital and operational expenditure validation and reporting.
S.S. Afemikhe & Co provides forensic accounting services across the board in support of transparency, anti fraud, anticorruption, accountability and reporting efforts of government, stakeholders and management in the public and private sectors covering:
Audit, Accountancy and Due Diligence
Criminal, Civil, Tax, VAT investigations
Commercial disputes
The firm works with legal consultants who are experienced in court evidence and handling of commercial disputes in their forensic accounting work.
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