Statutory audits

Our audits are based on the minimum requirements and guidelines from our Public Accountants and Auditors Board and in terms of General Accepted Auditing Standards. We conduct our audits in accordance with International Standards on Auditing (or relevant national standards or practices). Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements.

An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.

Accounting officers

As an entrepreneur, we understand that you have a number of crucial aspects to focus on in the current business environment in order to stay competitive. Let us take the burden of the administrative- and accounting side of your business and provide you with peace-of-mind that all aspects such as VAT, PAYE and UIF have been taken care off.

Secretarial services

Let our agent handle the adherence of the Companies and Intellectual Properties Commission’s rules (CIPC). Don’t wake up one morning to discover your company has been deregistered due to annual returns not being submitted in time. You don’t have to keep up with the changes in legislation; let us keep you updated.

Registration of companies

Do you need a new company or need changes to be done on your company such as change of address or directors? We provide these services through an associate and it will be quicker and easier than to visit the CIPC offices in Pretoria midcity.

BEE audits

We are now able to assist with your BEE certificates and to help you become BEE-compliant. We have obtained the extremely effective BEE NAVIGATOR software (SAICA promoted and IRBA compliant) that will help us to obtain all the information needed while performing your statutory audit. We are also in association with a leading B-BBEE Approved Audit Firm, who uses this information to issue your certificate. .

Business valuations

In the current market, it is important to know what your business is worth or how much you are willing to pay for a new business. Let our professionals make an in-depth study of the value of your company and be prepared for any negotiation.

Preparation and analysis of financial statements

We prepare financial statements that are in accordance with all the relevant Accounting Standards and can give you advice on the financial health of your balance sheet. We do an analysis of your debt-to-equity-ratio, your return on investment ratio and give advice on cash-flow management and debtor recovery.

Preparation and testing of internal controls

With the current economic climate, the risks of fraud, nepotism and theft are increasing. We can give you advice on the implementation of key controls in your business and show you their importance and the impact on your peace of mind.

Calculation of tax

Whether you received a salary, fringe benefits, amounts subject to capital gains tax or a lump sum from a pension fund, our tax consultants will ensure that the correct forms are submitted and that the necessary deductions are allowed. You don’t have to keep up with all the changes in legislation or the latest practice letter from the South African Revenue Services – we will do it for you.

General tax advice including Capital Gains Tax, Value Added Tax ( VAT )and Estate Tax for SARS

Sensitivity analysis,

Have you ever wondered what the impact on your sales would be if you increase the selling price of the lowest profit margin-stock? Or what would happen if you could double your best-seller product line by reducing your overheads with 10%? We will help you reach maximum efficiency and capacity by providing you with a number of “what if” scenarios. Call us today.

Insolvency advice

The number of insolvencies and liquidations has exponentially grown over the last three years since the worldwide recession in 2008. Do not fall in the same pitfalls that others before you have discovered after it has been too late! Make sure that you adhere to certain age-old principles to stop overtrading, limit too much debt and recognise insufficient cash.

Estate Agents trust audits

We do trust audits for estate agents registered with the EAAB. These reports have to be submitted by 30 June 2012 for years ending 28 February 2012. You need to be registered with FICA and have a separate trust bank account.

Attorneys trust audits

We do trust audits for attorneys registered with the Law Society. These reports have to be submitted by 31 August 2012 for years ending 28 February 2012. You need to be registered with FICA and have a separate trust bank account.

Preparation and monitoring of budgets

Very few companies know how to effectively prepare and stick to a monthly/annual budget. We will do an internal audit and assist you to prepare a realistic budget, implement it and monitor it. We will help you to get your budget back on track if you have overspent and help you to build in controls to prevent a recurring overspending.

Loan applications

Today the banks have strict criteria and measurements before granting any loans, be it personal loans, vehicle financing, mortgage bonds or commercial loans. We will assist you in providing them with the correct information the first time, to ensure that your loan is granted with the first application. We do cash-flow forecasts and capital expenditure budgets, even helping you in a tender process.

Salaries and payroll administration

We process your salary information and submit the necessary forms, pay over PAYE and provide you with payslips. Call our office today to get a free quote on taking over the monthly administration around payroll.

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