We possess extensive experience and an in-depth understanding of the following key specialist areas:

  • Interim financial management(CFO / FM roles for short term gaps), month-end processing and preparation of management accounts, preparation of Board packs;
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  • Financial reporting and disclosure in relation to International Financial Reporting Standards;
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  • Prepration of financial statements including consolidated group financial statements;
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  • Sarbanes Oxley (SOX, Section 404) requirements (for Securities Exchange Commission registered clients) - testing of controls on behalf of management;
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  • Implementation of the proposed Companies' Act Bill and King111 reporting requirements;
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  • Restructuring and benchmaking of internal audit departments to BEST PRACTICE; Gap analysis including offering outsourcing support;
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  • Internal and financial control evaluation and provision of recommendations;
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  • Perfomance of Enterprise Wide Risk Assessments;
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  • Due diligence
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  • Business modelling, business plans and budget preparation;
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  • Mining - Assistance with technical accounting matters and accounting policies for new mining projects and existing mining companies including an in-depth understanding of and the differentiation and accounting for:                 

Exploration, development, production and mining costs;    

Rehabilitation and restoration costs,

Related provisioning requirements in relation to IAS37

Depreciation  and amortisation  methods

Revenue recognition and accunting for significant contracts

IFRS 6

IFRS 2, Share Based Compensation and accounting for BEE transactions(South African context); IFRIC 8     

Inventory accounting and valuation matters for mined ore, by-products and rough diamonds

Disclosure matters for mineral resources and reserves

Business combinations

Deferred tax;Intangibles and goodwill

IAS36 - Asset impairments