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Non Disclosure Agreement Accounting Firm Template for Nigeria

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Key Requirements PROMPT example:

Non Disclosure Agreement Accounting Firm

"I need a Non Disclosure Agreement Accounting Firm template under Nigerian law for my Lagos-based accounting practice, which will be used with our new corporate clients in the oil and gas sector starting January 2025."

Document background
This Non Disclosure Agreement Accounting Firm template is essential for accounting practices operating in Nigeria that need to protect sensitive information exchanged during professional engagements. It is designed to comply with Nigerian legislation, including CAMA 2020 and NDPR 2019, while meeting international accounting standards. The document should be used when engaging with new clients, working with third-party service providers, or when sharing sensitive financial, operational, or methodological information. It includes specific provisions for protecting client financial data, proprietary accounting methodologies, work papers, and other confidential information typically handled by accounting professionals. The agreement is particularly relevant for firms providing audit, tax, advisory, and consulting services in the Nigerian market.
Suggested Sections

1. Parties: Identification of the accounting firm and the party sharing or receiving confidential information

2. Background: Context of the professional relationship and purpose of the NDA

3. Definitions: Detailed definitions including 'Confidential Information', 'Professional Services', 'Client Data', 'Work Products', and other relevant terms

4. Scope of Confidential Information: Specific description of what constitutes confidential information in the accounting context, including financial records, client data, methodologies, and proprietary information

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to regulatory bodies and professional advisors

7. Data Protection and Security: Specific measures required to protect confidential information in compliance with Nigerian data protection laws

8. Duration of Obligations: Time period for which confidentiality obligations remain in force

9. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request

10. Breach and Remedies: Consequences of breach and available remedies

11. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

Optional Sections

1. Professional Standards Compliance: Additional section when dealing with regulated professional services or international clients

2. Third Party Rights: Include when there may be third party beneficiaries or when working with affiliated entities

3. International Data Transfer: Required when confidential information may be transferred outside Nigeria

4. Conflict Resolution: Optional detailed dispute resolution procedures, including mediation provisions

5. Insurance and Indemnification: Additional protections for high-value or high-risk engagements

6. Regulatory Compliance: Specific section for compliance with industry-specific regulations when dealing with regulated entities

Suggested Schedules

1. Schedule 1: Specified Confidential Information: Detailed list of categories of confidential information covered by the agreement

2. Schedule 2: Authorized Representatives: List of individuals authorized to receive or handle confidential information

3. Schedule 3: Security Protocols: Specific security measures and protocols for handling confidential information

4. Appendix A: Data Handling Procedures: Detailed procedures for handling, storing, and protecting confidential information

5. Appendix B: Professional Standards Reference: Reference to relevant professional standards and compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































Clauses



























Relevant Industries

Financial Services

Professional Services

Accounting

Audit

Tax Advisory

Corporate Finance

Management Consulting

Banking

Insurance

Manufacturing

Real Estate

Oil and Gas

Technology

Retail

Healthcare

Education

Non-Profit

Relevant Teams

Legal

Finance

Accounting

Audit

Tax

Compliance

Risk Management

Corporate Governance

Human Resources

Information Technology

Operations

Client Services

Advisory

Corporate Finance

Management Consulting

Relevant Roles

Partner

Managing Partner

Audit Manager

Tax Manager

Senior Accountant

Financial Analyst

Compliance Officer

Risk Manager

Chief Financial Officer

Finance Director

Accounting Manager

Internal Auditor

External Auditor

Tax Consultant

Financial Controller

Business Advisor

Managing Director

Company Secretary

Legal Counsel

HR Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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