Our Services
We offer to our clients practical advice on business issues tailored to meet their objectives from experienced financial analysts, accountants and business advisers. The firm has adequate resources to advice on most financial matters. Clients can be assured that the advice received takes into account the client’s culture and customs in addition to applicable laws and regulations, thus ensuring the success of their business. We offer services that are significant for the success of every organisation in the public and private sector:
Public Sector Consulting
With our highly qualified complement of accountants, we have an extensive operational understanding of PFMA, MFMA and GRAP reporting standards which are necessary for accounting and general reporting purposes within the public sector.In our firm we have an mSCOA accredited train the trainer who have an understanding of the new reporting structure required by the National treasury in municipalities.
Our services we offer to the public sector includes the following, amongst others:
- Preparation of GRAP Compliant Financial Statements
- Asset Management
- mSCOA Implementation
- VAT Compliant Services
- Audit readiness services
- Policies and Procedures Development
- Turnaround strategies
- Financial Modelling and Long Term Financial Planning
- Revenue Enhancement and Management
- Debt and Indigent Management
- Cost Optimisation
- General Financial Management and Accounting
We are LGSETA and CIGFARO inconjuction with National Treasury accredited to provide training on certain unit standards included in the Municipal Financial Management Programme (MFMP) and mSCOA implementation programmes.
SME Accounting Services
The Firm provides fully outsourced management accounting and company secretarial services to entities with limited resources that wish to focus management effort on growing their business.
The firm provides the following services:
- Review and compile financial statements
- Review current accounting procedures and internal controls
- Implement or improve on computerized accounting systems
- Training and support to accounting staff
- Bookkeeping and payroll services
We also assist with the following services:
- B-BBEE letter
- Company registrations
- CIPC changes
Taxation
Corporate Taxation
Taxation affects all businesses. Developing effective tax strategies that encompass the whole entity is essential, with the impact of an approach of a particular transaction/s considered in relation to its effect on the overall tax position of the entity and objectives of management. It is also a fact of life that the tax legislation is becoming ever more complex. The Firm has specialist knowledge and experience to assist clients deal with all the different aspects of taxation and, where required, negotiate with SARS on their behalf. The Firm aims to minimise taxation therefore maximizing wealth, whilst ensuring compliance with relevant legislation.
We advise on:
- Compliance requirements
- Income tax
- VAT
- Withholding taxes
- Customs duties
- Dividend, royalty or interest planning
- Employment taxes and employee benefits
Personal Taxation
The Firm also advices on taxation of individuals
Advisory
Corporate Governance
As standards of corporate behaviour come under increasing scrutiny, senior managers need to take into account the rules, regulations and best practice concerning Corporate Governance. Our specialists provide practical advice in this important area.
Internal Audit
Internal audit plays a valuable role in providing assurance that key controls are in place and operating effectively so that financial and other corporate risks are managed. Advice on, and assistance with the operation of an internal audit service is provided. Internal audit can also be outsourced to us.
Fraud prevention and detection
Fraud is now a fact of business and its cost to business is enormous. Advice is available on prevention and detection of fraud, whether carried out using traditional methods or via the internet.
Risk Management
Expert advice on risk management, review of not only financial risks but other areas including operations, resources and reputation that can have a dramatic impact on the continuing success of an entity.
Business valuations
These may be required for a variety of reasons. The Firm has experts with strong track records in establishing and valuing companies and other business structure. Where required, our reports are used as support in litigation or negotiations with tax authorities.
Other professional advice
The Firm maintains close contacts with business leaders, bankers, lawyers and other professionals in our community and can make introductions where required.