Benefits of outsourcing your financial statement compilation to South Africa
Reduced Cost and Exchange rate
Take advantage of the favourable exchange rate and obtain accredited professionals at a fraction of the cost.
No need for temporary staff
We provide a comprehensive solution. You no longer need to deal with a recruiter or waste time on recruiting temporary staff to assist you; we already have the team to help you.
Internationally recognised accreditation
All of our staff are accredited with the South African Institute of Chartered Accountants (SAICA). Helping us ensure that only the highest quality standards are maintained.
Financial Compilation Services
Why you should outsource it.
While a financial statement compilation service does not offer assurance on the financial information, it provides the users with a comparable version of financial data on which decision can be made.
Financial statement compilation can be a time-intensive task that often requires technical skills and dedicated software.
By outsourcing your financial statement compilation to specialised professionals, you can save time and money while receiving high-quality financial statements that you can use for investment decisions, operational management and to obtain financing to grow your business.
Your financial data is important, and we want to make sure that you feel as comfortable as possible sharing this information with us.
Once you have accepted the quote for your financial statement compilation, we will send you our engagement letter setting out the terms and conditions of our service, including aspects such as the confidentially of the information shared with us.
Send us your financial data
After signing the engagement letter, you send us your financial data, in the form of your trial balance.
We will also require the prior year financial statements, if available, for comparative amounts and applicable disclosures.
We will then import your financial data into our financial statement software and generate your draft set of compiled financial statements
Review your Compiled Financial Statements
We will compile your financial statements in accordance with the applicable reporting framework (IFRS or IFRS for SME's) and send these compiled financial statements to you, or your auditors for review. Your initial set of financial statements will contain a "draft" watermark for review purposes.
You, or your auditors, then have the opportunity to raise any draft or cosmetic changes that you would like made to your financial statements. Should these changes be in line with the applicable framework, we will make these modifications and send you your final set of financial statements.