Accounting

Why do you need?

Aspiring entrepreneurs must recognise the fact that to run a successful business it is vital to have an effective and efficient management information system that can help establish and accomplish five key business goals:

  • to make predictions about the future
  • to help optimise commitment of resources
  • to measure-report progress to stakeholders
  • to reward-encourage profitable behaviours
  • to review progress-alter directions as fit

What are the benefits?

Management can only get a true picture of business performance, assess the key contributors driving performance  and answer many questions with the data fed by an efficient management information system such as:

  • what is our financial position?
  • what is our growth-profitability?
  • what are the key drivers to performance?
  • what are the key variants to plan?
  • what actions are needed to meet the plan?

How can we help you?

No matter whether you are a start-up, small, medium or large business, we have got the expertise and solutions to deliver your business finance function needs. Call or visit us to find out more about how we can contribute:

  • to setup an effective-efficient info system 
  • to help track your business performance
  • to gain insight into key performance drivers
  • to help you make smart informed decisions
  • to achieve growth and profitability

Accounting

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General Accounting

We offer robust technical expertise to manage all your general accounting needs whether you are operating as a sole trader, partnership, company or  trust.

Book-Keeping

  • Recognisation - transactions - method - cash basis - accrual basis
  • Recording - classification - revenue - costs - assets - liabilities - equity

Complex Accounting

  • Business acquisitions - mergers - carve-outs - divestitures - consolidations
  • Contracts - projects - leases - hire-purchases - dividends - forex

 General Ledger Control

  • main ledger - sub-ledger - cash - bank -  inventory - inter-company
  • Period end - journals - accruals - account reports - trial balance

Reconciliations

  • Bank - credit card - suppliers - customers - inventory - Investments
  • Costs - freight - import - shipment - rebates - returns - warranties

Payroll & Expense Claims

  • Payroll - accounting - payments - reconciliation - reporting
  • Employee - expense claims - accounting - reconciliation - reporting 
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Cost Accounting

We offer value-added cost accounting solutions to enhance the quality of your day to day decisions and help you drive the business forward.

Costing System

  • Establish - product - job - process - activity based - standard costing
  • Classify costs by nature - function - behaviour - control - inventory valuation

Cost Control  

  • Establish - cost budgets - labour/activity rates - cost allocations
  • Analyse - trends - comparatives - cost components - productivity - efficiency

Pricing

  • Determine costs base - set pricing - discounts - rebates - promotions
  • Analyse - market share - competition - mix - volume

Profitability

  • Understand cost-volume-profit relationships - key cost drivers - value chain
  • Identify - unprofitable products/services - inefficiencies - costs over runs

Decision-Support

  • Evaluate options - make or buy - labour vs machine - continue or shutdown
  • Drive - accountability - performance - aid execution of strategic priorities
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Management Accounting

We offer value-based management accounting solutions to help you manage and enhance your business decision-support capabilities and performance.

Management Control

  • Establish - management accounting system - framework - governance
  • Deploy tools to aid - strategy - performance - risk management

Business Environment

  • Understand - strategy - stakeholders - end to end process - priorities
  • Identify - key business drivers - operational levers - role of finance

Performance Measurement

  • Build capabilities in terms of - process - organisation - skills - technology
  • Establish critical success factors - deploy performance indicators - targets

Reporting & Analysis

  • One source of information truth - business metrics - balanced scorecard
  • Analyse/report - performance by - business - product line - value chain

Accountability & Efficiency

  • Drive behaviour - performance - reward - recognition - transparency
  • Promote efficiencies - standardisation - optimisation of resources
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Corporate Accounting

We offer adept support to manage all your corporate reporting-compliance-secretarial needs to meet your obligations to various stakeholders.

Complex Accounting

  • Business acquisitions - mergers - carve outs - divestitures - consolidations
  • Contracts - projects - leases - hire-purchases - dividends - forex

Financial Reporting

  • Compilation - annual reports - financial presentations - ancillary reports
  • Compilation - special purpose reports - project reports - situational reports

Regulatory Reporting

  • Financial reporting standards (IFRS) - advise - interpretation - application 
  • Other regulations - industry - association - government - lenders

Financial Analysis

  • Identity - trends - risks - key financial indicators - performance 
  • Tools - measure - financial performance - ratio analysis

Internal Controls

  • Establish policies - controls - compliance checklist - risk assessment
  • Develop - procedures - authority matrix - process mapping - documentation
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Treasury

We offer best practice solutions to manage business liquidity and to ensure adequate controls exist for effective cash, credit and funds management.

Cash Forecasts

  • Compile - cashflow forecasts - cash inflows - outflows - surplus/deficit
  • Build - short term - long term - project based - business case

Working Capital

  • Business health check - adequate liquidity - meet obligations
  • Key indicators - days of - inventory - sales - payables - cash

Investments

  • Develop - policies - implement - controls - manage surplus cash
  • Evaluate options - short term - long term - target rate of return - conversion

Credit Control

  • Develop - policies - implement controls - trading terms - perform checks 
  • Accountability - set targets - educate staff - customers - partners

Banking

  • Develop policies - implement controls - receipts - payments - reconciliation
  • Manage - forex currencies - transactions - forex exposure - risks - hedging
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