Practice Areas

External Audit

We do perform external audits of financial statements in compliance with the  International Standards on Auditing, on various accounting frameworks which include International Financial Reporting Standards for Small and Medium-Sized Entities,  IFRS, GRAP, and Specific Basis of Accounting.

Internal Audit  and Risk Management

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  • Corporate tax

  • Individual tax

  • Indirect Tax

  • Municipal Finance  

  • a)  Asset Management

  • Providing GRAP/IFRS compliant fixed asset registers

  • Performing assets verifications

  • Performing condition assessments

  • Striving to improve co-ordination across the departments in municipalities and the office of the CFO to break down the silo effect and improve asset management

  • Assisting with answering of audit queries in relation to assets

  • Advising on asset optimization and alignment to service delivery requirements

  • Providing training in asset management and related concepts

  • Developing and advising on assets management procedures and processes

  • b)  Development, enhancement, implementation, and monitoring of budget-related policies, procedures & by-laws.

  • Provide support in performing desktop debtor data cleansing for accurate billing

  • c)  Internal audit charter and Risk management plan:-

  • Check the functionality of Risk Management, Internal Audit, and Audit Committee

  • Review the Internal Audit Charter

  • Review Internal Audit Plan

  • Review Risk Management Plan

  • d)  Advise municipalities with a compilation of budgets

  • GRAP compliant budget  Linking of budget to IDP’s

  • Cash Flow management and expenditure projections

  • Confirm adequacy of Bank Reconciliations

  • Confirm adequacy of Debtors Reconciliations

  • Confirm adequacy of Creditors Reconciliations

  • Perform Supporting Documents Reconciliations (Strong Room vs GL)

  • Compile GRAP Annual Financial Statements

  • Compile Audit File for GRAP AFS

  • Reconcile new assets additions on Fixed Assets Register to General Ledger

  • Assist in developing GRAP compliant Fixed Assets Registers

  • Management of Grants Management Registers

  • Assist municipalities with bonus and leave provision calculations as per GRAP 19

  • Provide assistance in interpreting and Implementation of GRAP Standards

  • Capacity building and skills transfer across all financial areas