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Your Instructor
Chioma is a brilliant accountant and entrepreneur who passionately loves small businesses.
She had an exciting 11-year working career, as an accountant, starting from PricewaterhouseCoopers, and going on head the finance/accounting functions in several organizations, including Jumia Nigeria.
In 2016, Chioma went on to launch Accountinghub, a tech-accounting firm, focused on serving top-quality bookkeeping and allied accounting services to small business, at prices they can afford.
She built an online accounting shop (www.accountinghub.ng/shop) which allowed businesses access to accounting services, by simply choosing the service they wanted and paying for it, online.
Till date, Accountinghub has served over 400 businesses and trained well over 2000 business owners.
Chioma says she is on a mission to reinvent the way that small business owners access help with their accounting and tax needs in Nigeria; using the power of story-telling and technology.
While learning to run Accountinghub, Chioma developed huge love for entrepreneurship and shares this with other people in business, as well as people looking to launch businesses, via her facebook page, using the hastag #chiomasbusinessschool.
She challenges old ways and believes there can always be a better way of doing things. She implements accounting systems for businesses in a record-period of 24 hours, she grew a massive stocktaking community of over 2000 people and automated the accounting system for over 250 businesses within 2 years.
Chioma is well-known as Nigeria's small business accountant and the No. 1 expert in deploying cloud accounting tools.
She is a Chartered Accountant of 13 years and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
Course Curriculum
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StartIntroduction to the Course (4:11)
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StartHow to calculate VAT - An introduction (4:41)
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StartExample 1-VAT Calculation - Service Based Business (VAT Inclusive method) (3:00)
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StartExample 2-VAT Calculation - Service Based Business (VAT Exclusive method) (3:21)
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StartExample 3-VAT Calculation - Product Based Business (VAT Inclusive method) (6:42)
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StartExample 4-VAT Calculation - Product Based Business (VAT Exclusive method) (2:39)
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StartExample 5-VAT Calculation - Service Based Business (Exported Service) (2:55)
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StartHow to calculate Personal Income Tax - An Introduction (2:32)
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StartExample 6- PIT Calculation - PAYE for Employees (with Pensions) (9:11)
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StartExample 7- PIT Calculation - PAYE for Employees (without Pensions) (4:35)
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StartExample 8- PIT Calculation - Personal Income Tax for the business owner (8:59)
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StartHow to calculate Witholding Tax - An Introduction (4:08)
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StartExample 9 - WHT Calculation - In a 5% Scenario (1:46)
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StartExample 10 - WHT Calculation - In a 10% Scenario (1:42)
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StartCourse Conclusion (1:26)
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StartDownloadable- Spreadsheet used in making calculations for all 10 examples