Thriving Business Services
For businesses with a minimum annual revemue of R5m and above.
At Emgroserv Accounting Hub we ensure that the business owner takes full control of their financial management, thus we offer Bookkeeping and Accounting services in the following manner:
- Take on stage: On the take on stage, we firstly collect all company documents for clean-up purposes in order for the business owner to understand the business financial status.
- Implementation of the suitable accounting system: As a Thriving Business it is essential to have the business numbers at your fingertips. Therefore, after the clean-up stage we implement the accounting system suitable for the client’s needs (i.e Quickbooks, Omni Accounts, Zoho or Instant Accounting)
- Recruitment and Selection of the Internal Bookkeeper: As a Thriving Business Owner we understand that the time is so precious, therefore having an internal bookkeeper that will be responsible for day-to-day recording will save you time and ensure that you receive your financial information promptly.
- Internal Bookkeepers are monitored by our Financial Accountant, who after verification of books prepare management accounts and financial statements.
- Tax Returns Submissions
- Tax Clearance Applications
- Tax Advisory Services
- SARS Queries & Reviews, Objections & Appeals
Our Independent Review service is designed to help businesses who may not require a full audit but still need a credible and impartial assessment of their financial health. During this review, we perform a thorough examination of the organization’s financial records, processes, and procedures. Based on our findings, we will issue a report that offers limited assurance that the financial statements are free from material misstatements.
Key Benefits of an Independent Review
Increased Credibility: An independent review adds credibility to your financial statements, giving stakeholders, investors, or banks confidence in your financial reporting.
Compliance: It ensures your business complies with the necessary regulatory requirements for your industry or jurisdiction.
Cost-Effective: An independent review provides a more affordable alternative to a full audit while still offering a reasonable level of assurance.
Objective Insight: Our professional accountants provide unbiased, third-party insights into your financial health, which can help in decision-making and improve transparency.
What’s Involved:
- Review of financial statements and underlying records.
- Evaluation of internal controls and accounting systems.
- Limited testing of transactions and balances to ensure accuracy.
- A written report expressing our opinion on the fairness of the financial statements.
If you are looking for a reliable, cost-effective way to ensure your financial statements are accurate and trustworthy, our Independent Review service is the right choice. Let us help you meet your regulatory requirements and provide stakeholders with the confidence they need.
Contact us today for more information or to schedule your Independent Review!
- Monthly payslips
- Submission of employees’ tax returns monthly
- Year-end reconciliation of employees’ tax and submission to SARS
- UIF and Workmen’s Compensation submissions
- Drafting of business financial strategy
- Drafting of accounting and financial processes, policies and procedures
- Drafting of budgets, and monthly review
- Practical advice on cash flow management
- Preparation of cash flow projections
- Financial discipline (assist entrepreneur in separating personal and business finances
- Analysis of business financial health
- Assist the client in maintaining the relationship with the banker
- Mentorship to accounting department or unit
- Development of Business Canvass Model and Growth Plan
