22 | Acquisition International, Worldwide Finance Awards 2025 Best Audit & Tax Services Firm 2025 - Sierra Leone & Client Service Excellence Award 2025 With a vision to become the top most local accounting firm in Sierra Leone, delivering distinct value to its clients whilst consistently redefining the professional services market space, Veritas Professional Services excels within its sector, leading it to triumph in the Worldwide Finance Awards 2025 and receive not one, but two, notable recognitions. We find out more from Dr Claudius Williams Tucker. Contact: Dr Claudius Williams Tucker Company: VERITAS Professional Services Web Address: www.veritas-sl.com Based in Sierra Leone, Veritas Professional Services (Veritas) is a highly rated firm of chartered accountants providing multidisciplinary services to local and international organisations, and customised, industryfocused strategies that are highly integrated across audit, tax and advisory services. The firm has the capability to ensure seamlessness, efficiency, quality and continuous improvement, as well as the requisite experience and capabilities to deliver quality services to its clients. This is due to the firm understanding its clients’ needs and being dedicated to providing value-added services and championing progressive change in Sierra Leone in order to improve the future of its clients. Staffing each engagement with professionals who possess the knowledge, skills and experience to perform the engagement ensures Veritas’s ability to deliver quality service, something which is dependent on the dedicated team’s strong understanding of its clients and their businesses. “We exist for one reason, to help you achieve your ambitions,” explains Dr Claudius Williams Tucker, Managing Partner at the firm. “Our promise is to use our innovation, experience and resources to help you succeed... both in business and in life.” In Sierra Leone, the industry is challenging within the financial services sector due to fee pressures and low balling from competitors who do not provide the same quality to that of Veritas, but which can charge lower fees instead. In the wider picture, while Sierra Leone offers US firms opportunities in many sectors, the market itself presents further daunting challenges, including difficult macroeconomic conditions, a lack of skilled labour, poor quality and limited infrastructure, and pervasive corruption at all levels of government. US firms must contend with the difficult macroeconomic landscape in Sierra Leone, as well as rising inflation due to increasing commodity prices, debt-fuelled government spending, loose macroeconomic policies, and sharp currency depreciation. These challenges have been compounded by external shocks like the Covid-19 pandemic and the Russian invasion of Ukraine, which continue to impact the global supply chain. The soaring cost of living, food insecurity, the high risk of debt distress, and the currency depreciation continue to undermine the economy’s stability. Even following the redenomination of the Leone in 2022 intended to strengthen the currency, the country continues to depreciate against the dollar. Positioned to become the leading local firm in Sierra Leone by delivering distinct value beyond both client’s and stakeholder’s expectation at any time, through the provision of a full range of cost-efficient, high-quality service, optimisation of modern technology and efficient business networks and with proven technical support from the EY Network, Veritas differentiates strongly from its competitors, marking it out as the best choice for clients. “Veritas Sierra Leone has evolved a structure, which ensures that its size helps to give to its entire client, large and small, a high level of service and personal contact,” Dr Claudius elaborates. “Our partners and staff are subject to stringent codes of conduct as regards confidentiality and independence. Each client’s job is allocated to a partner who reviews all jobs done by professional staff. We are inspired to deliver distinct value for our clients.” Recently, for its continued success in a difficult environment, Veritas gained notable recognition for its hard work and diligence in its sector and received the title of Best Audit & Tax Services Firm 2025 - Sierra Leone, as well as clinching the coveted Client Service Excellence Award 2025 for its endeavours. Now, with the future looking bright for the accountancy practice, it is focused on achieving its set plans and KPIs for 2025, which include growing the business by 40%. It will also be celebrating 10 years in operation in 2026 and will be looking at either an international consolidation, or an expansion outside of Sierra Leone to the West African markets, where it also provides its services. “We market ourselves by our lines of business, but we manage our business by our core functions,” enthuses Dr Claudius. “In each of our chosen markets, we aim to be the market leader for the services we provide. Based on our clientele, we are close to achieving this objective.”
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