Oguntayo & Co.
Chartered Accountants
Independent external audit services that enhance the credibility, transparency, and integrity of your financial reporting — conducted by qualified chartered accountants with deep knowledge of the Nigerian business environment.
About the Firm
External Audit Services
We also deliver external audit services through our sister firm, Oguntayo & Co. Chartered Accountants, providing independent assurance that enhances the credibility, transparency, and integrity of our clients' financial reporting.
Our external audits are conducted in accordance with applicable auditing standards and financial reporting frameworks, including a risk-based, thorough approach that ensures a comprehensive and objective evaluation of financial statements.
What Our Audits Achieve
- Provide independent assurance on the accuracy and reliability of financial statements
- Ensure compliance with regulatory requirements and reporting standards
- Strengthen financial governance and accountability
- Identify control deficiencies and operational inefficiencies
- Enhance stakeholder confidence (investors, regulators, partners)
- Support informed strategic and financial decision-making
How We Work
Approach & Methodology
Our approach to auditing involves a systematic and independent examination of your organisation's financial position — conducted with professional rigour and practical insight.
What We Examine
- Financial statements and underlying accounting records
- Internal control systems and control environments
- Accounting policies and compliance with reporting standards
- Financial reporting processes and disclosures
Our Methods
- Risk assessment procedures to identify material misstatements
- Substantive testing and analytical procedures
- Evaluation of internal controls over financial reporting (ICFR)
- Audit evidence gathering and documentation
- Professional skepticism and independent judgment
With these methods, we're not just able to detect cash leaks and other loopholes, but also ensure that financial statements present a true and fair view of the organisation's financial position.
Beyond the Opinion
What's in it for you?
Our focus goes beyond just issuing an audit opinion. We go further to provide practical, strategic value that transforms the audit process from a compliance exercise into a value-adding function.
This integration of external auditing with total system optimisation positions the audit as a strategic tool — not just a regulatory requirement.
We also provide
- Actionable insights into process inefficiencies and control gaps
- Recommendations to improve internal controls and risk management systems
- Guidance on strengthening financial reporting frameworks
- Support for improving operational efficiency and financial discipline
Our Edge
What Makes Us Different
While other external audit service providers may choose to focus solely on conducting financial audits, we go a step further — integrating audit rigour with operational and strategic insight.
We combine technical audit expertise with business advisory perspective
We focus not only on compliance but also on performance improvement
Our audits are designed to deliver practical, implementable recommendations
We maintain strict independence, objectivity, and professional ethics
Deep understanding of SMEs and growing businesses
A structured approach aligned with governance and scalability
Strong emphasis on clarity, accuracy, and decision-useful reporting
This positions us as more than auditors — we are trusted advisors in financial governance and organisational performance.
Our Clients
Who We Work With
Our clientele includes organisations across various sectors — from food and beverage to entertainment, agriculture, and consumer goods.
Bboon Foods Limited
Gameland Entertainment Limited
Embrace Nature Agro-Allied
Purple Sunflower Bakery Limited
Our external audit services are designed to provide not just assurance, but clarity, confidence, and strategic insight — enabling businesses to operate with stronger governance and make better financial decisions.
Get in Touch
Ready for an Independent Audit?
Reach out through Fowobi Consulting and we'll connect you with the right team at Oguntayo & Co. Chartered Accountants.