Statutory & Non Statutory Audits
According to the new companies act (2008) of South Africa certain entities need to have compulsory audits (based on the PI score of the entity) to determine whether an organization is providing a fair and accurate representation of its financial position
Special Purpose & Limited Scope Audits
Limited scope audits focus on to certain aspects of the accounting framework or operations within a entity, for a time period normally less than a year. Examples of limited scope audits include loan account audits, vat audits, tax audits and salary audits.
A forensic audit can be conducted in order to prosecute a party for fraud, embezzlement or other financial claims.
The audit is conducted to determine negligence in the entities financial information for use as evidence in court.
Review Engagements as per the Companies Act
Analytically based procedures are used in order to get a understanding of your entities finances and to compile a report to provide reasonable assurance that the entities finances are not misleading.
Due Diligence Investigations
An investigation of a firm’s financial position, where securities are offered in a transaction, to determine whether the firm’s business and financial situation and its prospects are adequately disclosed in the prospectus for the offering.
A comprehensive review of an entities adherence to regulatory guidelines. Examples: Attorney trust audits, Estate agent audits.
Assistance with grant applications at the department of trade and industry for entities within the manufacturing sector.
Structured packages and payment plans to suit each client’s individual needs
Assistance with BEE planning and structure through Audits