Budgeting, Forecasting, and Planning
The budgeting and forecasting process presents a challenge to most entities. It is perceived as a burdensome and time-consuming exercise. It is however a very crucial component of a client’s financial management, and has immense positive contribution to the entity’s overall financial performance. We assist to ensure there is solid foundation that shall result in good financial performance.
Company Registrations & Compliance
A company is a legal persona. Consequently there are many formalities that need to be complied with to ensure the company is registered properly. We assist in this regard to also make sure the company complies with all relevant statutory requirements.
Bookkeeping
Record-keeping is a crucial, yet under-rated process in the entity’s growth. Lack of proper books of account, results in the entity losing track & direction of its operations. Our role is toensure there is a proper record of each transaction that takes place, both inflow & outflow. We keep records from books of prime entry to trial balance.
Taxation Services
SARS has various pieces of legislation that all persons & entities are required to comply with. Non-compliance results in heavy penalties & interest. Non-compliance is a criminal offense and might result in prosecution. We assist in making sure that the entity complies with SARS legislative requirements, by making sure all required returns are filed timeously.
Payroll
Salaries and wages are one of the biggest cost items in any entity. Staffing is a big asset in an entity, in terms of human capital. It therefore becomes crucial that sound & proper processes around payroll are in place. Our role is to ensure that employees are paid as per their employment contracts, timeously, and accurately. We ensure correct computation of deductions as well as ensuring payments are made and statutory returns submitted as required.
Monthly Management Reporting
We compile, monthly, reports showing the performance of the entity against pre-determined goals, budgets, & benchmarks. This exercise is ever so important to ensure the entity is still on the right track. Potential hazards are identified & addressed at an early stage.
Fraud investigation
Should there be suspicions of fraudulent transactions that require investigation, we do assist in that regard. We dig deep to the root to uncover fraudulent transactions and report accordingly in that regard.
Annual Financial Statements
We provide service relating to the compilation of annual financial statements. Our compilation service is in compliance with & in accordance to recognized international standards, IFRS, or IFRS’s for SME’s.
Advisory, Consultation, & Due Diligence
We offer services relating to acquisitions, mergers, take-overs, business restructuring, and any business strategy matters.