Financial Accounting? It's Critical!
In many cases, a single set of figures per annum is not sufficient for proper management accounting. In these cases clients are encouraged and advised to consider quarterly or even monthly management reports. This improves business efficiency and effectiveness in the current South African economic climate as well as in the marketplace where constant change is common.
Financial accounting is the process of recording, summarizing and reporting a company’s business transactions through financial statements. We perform financial accounting in accordance with generally accepted accounting principles (GAAP). The establishment of these accounting principles is to provide consistent information to investors, creditors, regulators, and tax authorities.
Accounting can be conducted on a monthly or quarterly basis or any other desired frequency. The firm specializes in reconciliation of general ledgers, creditors, debtors, fixed asset registers and compiling Annual Financial Statements. Our firm specializes in providing accounting services for various types of businesses, including sole traders, partnerships, limited companies, and other entities.
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