Phoenix Accounting - Gauteng

ABOUT US

Accounting, payroll, taxation and independent reviews

We recognise the vital importance of entrepreneurial thinking and vibrant, adaptable business models in the modern environment, which is why we specialise in partnering with enterprises that have the intention and drive to grow and maximise stakeholder wealth.??With more than 10 years combined experience and knowledge, we can assist your business with an affordable, professional accounting and financial outsourced solution tailored to your needs. We will alleviate the administrative burden, freeing you up to focus on building your business.

SERVICES

Company Profile & Services

• Daily/monthly bookkeeping
• General bookkeeping services to ensure that your financial records are maintained accurately and timeously.
• Maintenance of fixed asset registers to ensure completeness and accuracy of asset values on the balance sheet.
• Ensuring records and results are in line with the entity’s financial reporting framework (IFRS/IFRS for SMEs/gaap), and comply with taxation and statutory requirements.
• Every effort is made to assist our clients in implementing a system that they are comfortable with, and we strive toward assisting you to become as “paperless” as possible.
• Cashflow management assistance
• Assistance in compiling and maintaining a detailed cashflow analysis template which can be used for historic cashflow analysis and can also be extrapolated into future cashflow projections.
• Analysis of cashflow requirements to determine whether sufficient reserves exist or whether external bridging finance may be applicable.
• Liaison with external financial service providers in cases where short- or long-term finance is required.
• Monthly financial reports and analysis
• Compilation of financial reports tailored according to your specific criteria, and reflecting your business’s key performance indicators to ensure informed business decisions are made.
• Trend analysis of key areas and identification of areas of potential concern.
• Compilation of monthly data as requested by third party financial institutions.
• Financial advisory and consulting
• Compilation of comprehensive budgeted and forecast income statements, cashflow statements and balance sheets tailored to your requirements.
• Assistance with listing requirements as issued by the JSE Limited.
• Assistance with establishing company-wide policies and procedures governing the day-to-day operations.
• Assistance with system assessment, implementation and improvement.
• Investigation into weaknesses in internal control and recommendations for improvements
• Independent Reviews
• Performance of moderate assurance level independent reviews aimed at companies that are not required to have their records audited.
• Audit preparation and assistance
• Sourcing of audit quotes to ensure that the most cost-effective service provider is engaged with.
• Liaison with external auditors in terms of information required, timelines to be complied with and engagement activities to be performed.
• Compilation of auditable records in accordance with the relevant reporting frameworks to ensure external audit costs are reduced significantly.
• Drafting of financial statements
• Drafting of Annual and Interim Financial Statements in compliance with International Financial Reporting Standards, the Companies Act and the requirements of the JSE Limited.
• Drafting of Annual Financial Statements in compliance with International Financial Reporting Standards for Small and Medium-Sized Enterprises and the Companies Act.
• Compilation engagements in compliance with generally accepted accounting practice.
• Trust administration
• Compilation of trust accounting records.
• Compilation of trust Annual Financial Statements in accordance with generally accepted accounting practice.
• Taxation services
• As Tax Practitioners we provide advice and assistance with the registration, calculation, submission and maintenance of the following:
• Personal income tax
• Company income tax
• PAYE, SDL and UIF deductions and contributions
• Value-Added Taxation
• Payroll services
• Full outsourcing of the payroll function, including the issuance of payslips, reconciliation and submission of EMP201 returns and payment of employee statutory deductions.
• Property Management Accounting
• Consolidation of monthly income and disbursements into easily-understandable rent rolls and cash disbursement statements.
• Analysis of rental revenue, recoveries, tenancy levels and lease expiry timelines to assist with the maximum performance of your rental-generating assets.
• Reconciliations of tenant deposits.
• Compilations of monthly management packs tailored to your specifications.
• BEE Exempted Micro Enterprise Certificates
• Drafting and issuance of EME BEE Certficates.
• Drafting of affidavits required in terms of the new BEE Codes.
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