Audit Services

Financial Auditing Services

At IMCA, we have made significant investments to create a structured, standardized approach that will support audit quality and objectivity. The same technique is used to train every one of our specialists, assuring the continuously high standards you expect from our company.

We provide trusted business advisors—dedicated employees with knowledge and experience working with owner-managed and/or family-controlled businesses—to privately held businesses. Given that the audit of a privately held firm is typically conducted in a less complex setting than that of a corporate organization, your trusted business advisor tackles your audit from a different perspective. We provide you with a “one-stop” solution and access to all of our services, including tax planning, legal counsel, and a wide range of business advisory services, through your trusted business advisor.

In addition, we provide best practices, benchmarking possibilities, industry expertise, and solid working knowledge. Our thorough, risk-based audit methodology will serve as the framework for an important consulting role. The assistance of information system experts from our Performance Improvement service offering is also a key component of our strategy.

 

Our audit service adds value.

When conducting your audit, we’ll work to provide you with more than just a financial statement opinion by assisting you in identifying and managing your control, compliance, and operational risks as well as coming up with ideas and solutions that provide value. Our constant ability to provide value to you is made possible by your relationship with your trusted business advisor.

We will:

• Focus on understanding your strategic business plans and operational processes in addition to the financial statements
• Perform a thorough risk assessment to develop the audit plan
• Develop an audit that builds on a growing understanding of your internal controls, policies, and procedures, recognising the importance of internal controls
• Include industry and subject matter experts in the audit process as part of your service team
• Assess your financial statement compliance, and
• Emphasise continuous and open communication with management.

Our approach will:

• Be controlled centrally by your trusted business advisor to ensure an effective process
• Evolve with your business, responding quickly to changes in risk profile and organisational structure
• Challenge your people, including those outsides of the finance function, reinforcing their responsibility for the integrity of the financial information on which you depend to run the business
• Provide assurance, confirming that effective management and governance are in place and that key systems and controls are operating effectively, and
• Be forward-looking, providing feedback that is relevant to the way you run the business.

• Individual Tax Submission
• Taxation queries and objections are attended to diligently and with persistence until resolved
• We are able to offer advice on the structuring of individual remuneration to best take advantage of available allowances and concessions
• Registration of new taxpayers
• Obtaining tax directives
• Obtaining clearances
• We offer a comprehensive tax consultation service.
• Provisional tax calculation
• Calculation of capital gains tax payable
• Advice on retirement funds and taxation and other benefits of this type of investment.
• Company Income Tax Returns Submission
• Any taxation queries and objections are attended to diligently and with persistence until resolved.
• We offer a comprehensive company tax consulting service.
• Provisional tax determined and discussed with the client. We strive for zero penalties and interest
• Tax Clearances
• Vat Registrations
• Paye Registrations
• WCA Registrations
• Import & Export Licence Applications
• Company/ Corporation Deregistration with CIPC
• Payroll Computation
• Tax Planning
• Tax Advisory