Onyema Osueke & Co is an indigenous firm of chartered Accountants, financial and tax consultants whose industry experience stretches back to 2002. Hope Osueke answers our questions.

In your opinion, what is the future for your profession?
The future is looking great and is likely to be exciting. New frontiers in the digital space are being explored, and this is likely to expand the scope of the profession, both in the financial and taxation sphere. As the world gets smaller business-wise, there will be a lot of transborder transactions that will positively impact the accountancy profession, both in terms of employment for the accountant and opportunities for accountancy firms.

What is your growth strategy?
Our growth strategy is to try and grow from within in terms of staffing and to explore partnerships with other like-minded firms in Nigeria. We are also looking at growing our advisory income in the coming years.

Where do you see your firm 5 years from now?
Growth in our fee income by more than 100% and concomitant increase in specialist staff to support the growth. We also intend to explore the inclusion of earnings for the firm, in international assignments.

What is your biggest challenge?
The biggest challenge for us as a firm is the pushback on fees by clients. This leads sometimes to inadequate payment for work done. Other challenges include the constant turnover of trained staff.

What business advisory services do you offer?
Bookkeeping, recovery of statutory deductions from employers other than taxes for regulatory organizations, and Loan recovery for financial institutions.

What was your main driver for being part of BOKS International?
To leverage on the relationship for training, networking, and access to international assignments.

Where do you see BOKS International 5 years from now?
To grow to be a top 10 international alliance.

How would you describe your typical client?
Medium and small companies operating in the service, manufacturing and financial sectors in Nigeria.

How do you target clients who are looking for international services?
We indicate to existing and prospective clients that we are part of an international alliance.

Do you specialise in a particular sector or service?
We specialize in Audit, Tax and Advisory.