Our Services

Financial Statements

We produce high quality single entity and consolidated financial statements. Whether you have legislative compliance challenges, internal capacity or skill-set constraints, software cost concerns or year-end pressure; we are able to assist to alleviate unnecessary pressure.

We make use of Caseware software to conform to industry and country specific standards. We accommodate the following reporting frameworks supported by Caseware for our largest markets:
South Africa:

  • IFRS, IFRS for SME
  • UK: IFRS, FRS101, FRS102, FRS105
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Reporting Compliance

With the ever changing complexities of international reporting standards, it is increasingly difficult to maintain an up-to-date knowledge of applicable reporting standards.

Our day-to-day involvement in this field ensures that we remain up to date on these matters and therefore well placed to assist in compliance to reporting standards:

  • Review of financial statements
  • Advice on best practice
  • Specific compliance requests

XBRL Conversions

Often termed “bar codes for reporting”, XBRL makes reporting more accurate and more efficient. It allows unique tags to be associated with reported facts. This format of reporting has been adopted by many regulators, governments and tax authorities and is becoming increasingly mandatory for submitting financial information.

Where we produce financial statements we use Caseware to convert to the required XBRL taxonomy or alternatively, where only available in PFD or MS Word format, external software can in most cases be used to perform a conversion.

Audit Assistance

Dealing with the yearly statutory audit process can be a disruptive experience for your financial team and business. This frustration is escalated where mandatory audit rotation is applicable.

We place a qualified and experienced consultant on-site to assist with audit preparation, managing the audit process, data and knowledge transfer and minimising disruption to your daily responsibilities and workflow.

Management Accounts

On the same basis that Caseware software enables us to produce financial statements on a yearly or interim basis, it also makes provision to produce monthly accounts as an ancillary service.

Alternatively custom management accounts or reporting can be developed and produced on a once–off or continuous basis.

Royalties

Our sister company, Touwi Consulting, focusses on all compliance aspects of licensing, royalties and related matters:

  • Royalty audits
  • Royalty review for legislative clearance
  • Levy calculation review
  • Process improvement
  • Agreement interpretation