FINANCIAL PROCESSES AND SYSTEMS

01. Developing and Implementing financial processes and systems

02. Developing financial processes within different cycles

03. Recommend financial systems and assist with implementation thereof

04. Draft financial policies

TRAINING ON FINANCIAL MANAGEMENT SOLUTIONS

01. Recordkeeping

02. Tools and templates

03. Information flow: recordkeeping to management accounts

04. Compliance with statutory requirements

05. How to use financial information for decision making purposes

06. Budgeting and forecasting

07. Payroll Administration

COMPLIANCE WITH STATUTORY REQUIREMENTS

South African Revenue Services

• Income Tax Returns & queries
• Vat returns & queries
• PAYE returns & queries

Labour Law (limited to Payroll administration)

• Unemployment insurance Fund
• Workmen’s compensation
• Basic Employment Act

Cipc (formally known as Cipro)

• Annual Returns
• Companies Act
• Accounting Officer

ACCOUNTING SERVICES / FINANCIAL REPORTING

Bookkeeping services

• Process cashbook and journal entries
• Process debtors, creditors and accruals
• Prepare general ledger reconciliations
• Maintenance of Fixed Asset Register
• Petty cash reconciliation
• Preparing trial balance

Payroll Management Services

• Prepare payroll for the month including payslips
• Prepare IRP5 certificates for employees
• Complete and reconcile EMP501

BUDGETING AND FORECASTING

Budgeting and Forecasting services include:

• Short term planning – (1 year per month)
• Medium to long term planning (3 to 5 years)
• Indentify key revenue & cost drivers
• Perform trend analysis on using historic information
• Understand economic outlook affecting client industry
• Translate business strategy to financial measurements

AUDITING SERVICES

Audit is an independent service that enhances the reliability of information used by investors and other stake holders for decision purposes. We offer the following auditing services:

01. External Audit Services

02. Internal Audit Services

03. Special Audit

04. Agreed Upon Procedures Audit

05. Independent Reviews