What administration services are offered as a part of KPMG Family Office, and how do they help a family and/or family business manage day-to-day activities?

KPMG Family Office provides a range of administration services including: Bookkeeping, accounting and compliance Consolidated reporting Tax compliance Document management Bill payment Payroll Administration and business support Having our support can alleviate the time-consuming administrative tasks so you can focus on your business and wealth priorities.

Accounting, reporting and admin

Successful families have unique and complex financial and business administrative needs. Managing the affairs of your family, business and investments requires timely and accurate information, which can create an overwhelming administrative responsibility. KPMG Family Office eases that load by managing all aspects of your accounting, reporting and administrative requirements. By taking care of your administrative tasks, you can focus on your wealth and life priorities.

We work with you to:

Complete your business bookkeeping and accounting, consolidated reporting and tax compliance
Coordinate your bill payments
Set up and manage payroll for your business
Create a document management system
Provide administrative services

Across all service areas, we help ensure you have accurate information for planning and managing your financial affairs.

How we can help

Bookkeeping, accounting and compliance

KPMG Family Office can complete your full cycle bookkeeping and reconciliation services including financial statement preparation, statutory compliance filings, payroll, and more. Our proprietary cloud-based accounting solution provides powerful cloud bookkeeping with personalized support from KPMG advisors.

Consolidated reporting

Consolidated reporting gives you a complete financial picture to help you make informed decisions. Our Family Office advisors provide an overall view of the totality of you and your family's assets, as well as personalized reporting.

Document management

When you require document management, copies of your personal documents, including wills, insurance policies and trust documents are stored in a secure and centralized location. Knowing that you have trusted gatekeepers of your information brings peace of mind and alleviates the task of having to search for important documents when you need them.

Bill payment coordination

Seemingly small administrative tasks such as bill payments can take up your most valuable resource: time. KPMG Family Office can help to ensure all your bills are being tracked and paid in a timely manner.

Frequently asked questions (FAQs)

KPMG Family Office provides a range of administration services including:

Bookkeeping, accounting and compliance
Consolidated reporting
Tax compliance
Document management
Bill payment
Payroll
Administration and business support

Having our support can alleviate the time-consuming administrative tasks so you can focus on your business and wealth priorities.

KPMG Family Office offers proprietary accounting solutions, including a cloud-based solution paired with support from advisors. The features of this accounting service include accounts payable, payroll assistance, management reporting, budgeting assistance and more.

When it comes to document management, copies of all of your personal documents, including wills, insurance policies and trust documents, are stored in a secure and centralized location. This can be in a digital or physical place, depending on your needs. Knowing that you have trusted gatekeepers of your information brings peace of mind and alleviates the task of having to search for important documents when you need them.

At KPMG Family Office, we handle many facets of our clients' life and business administration, and so many come to regard us as an extension of their family. Our trusted advisors work alongside you and your family, developing and fostering a close relationship. We alleviate your responsibility of administrative tasks so you can focus on what matters most to you.

Insights and resources

The Nigeria Data Protection Act, 2023

On 12 June 2023, President Bola Ahmed Tinubu, GCFR, signed the Nigeria Data Protection Bill, 2023 into law as Nigeria Data Protection Act, 2023 (“the Act” or “NDPA”). The Act establishes the legal framework for the regulation of personal data in Nigeria and replaces the Nigerian Data Protection Regulations (NDPR) 2019 and the NDPR Implementation Framework 2019 issued under the National Information Technology Development Agency (NITDA) Act.

The Nigeria data protection act