What exactly do auditors do?

Auditors in Bloemfontein are responsible for examining the financial and organisational operations of a business or person. They check that all parties are complying with the regulations set out by the relevant authorities.

Why are auditors necessary?

Auditors ensures that businesses, organisations and people are complying with industry standards and undergoing legal practices. If there is evidence of non-compliance, the relevant authorities can investigate the situation and take further action if necessary.

Do auditors/ inspectors undergo an auditing process?

Yes, all auditors should be audited. This helps to avoid errors and discrimination within the auditing process. The Independent Regulatory Board for Auditors (IRBA) is responsible for regulating auditing standards in South Africa.

What happens when you have been successfully audited?

You will receive a certificate of compliance when you have been successfully audited. It acts as proof that all operations are legal and meet industry standards. However, if the person, business or organisation is non-compliant they will undergo further investigation which could result in legal action.

How do I make sure that the auditing process is successful?

You can ensure an audit is successful by checking that you are 100% compliant with the law and industry regulations. All businesses can benefit from having a lawyer or legal team to monitor the business’s practices.

What are the benefits of private auditing?

Private auditing is not always necessary. However, a private audit report can give businesses in Bloemfontein an indication of their current compliance status. It allows for the necessary changes to be made before facing serious consequences.

What kind of companies need to be audited?

1. Public companies listed on an exchange 2. State-owned companies funded or run by the government 3. Private companies with a public interest score of at least 350 4. Personal liability company 5. Non-profit companies There are different requirements for different businesses, organisations and people. State-owned companies and public companies in Bloemfontein must be audited. In addition, private companies and public figures in Bloemfontein must be audited to if it’s within the public’s interest. There is a public interest scoring system that determines whether the auditing is necessary. It generally applies to large corporations, politicians, business owners and celebrities. Not all businesses in Bloemfontein need to be audited.

How often does auditing take place?

It varies depending on the industry. However, auditing generally takes place once every financial year. In addition, auditing might take place more than once if the business is under investigation for non-compliance or if a new audit report would serve public interest.

Are audit reports 100% accurate?

Audit reports are as accurate as possible. However, it’s impossible to monitor all the practices of a business, organisation or person. Sometimes, transactions take place that are not detected. However, there are reputable auditing firms in South Africa in Bloemfontein which are known for producing fair and accurate auditing reports.

Featured Auditors near Bloemfontein

Jaquire & Van Vuuren

Waverley, Bloemfontein

New generation of Accountants. We are Accountants and Tax Practitioners registered with the South African Institute of Professional Accountants (SAIPA). We are situated in Bloemfontein. We love technology and strive to keep up with all the la...

1 review

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New Minds Business Consulting

Services Bloemfontein

Client Compliance Framework, Financial Performance, and Business Sustainability. New Minds Business Consulting is an Accounting, Tax Management, Audit Assurance and Business Consulting firm. As a growing modern firm, we offering Profess...

1 review

by Kim, 083****817

THE CONSULTANT WHO PHONED ME (KABELO) WAS VERY HELPFUL AND KNOWLEDGEFUL.

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MS Mokhethi Accountants

Botshabelo-BA, Bloemfontein

All your accounting and tax matters in your hands. We provide the following services: 1. Accounting & Auditing: Monthly Bookkeeping, Audited Financial Statements etc. 2. Payroll Service: Payslips and Statutory Returns like UIF and COIDA Re...

0.0

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PC Bruwer & Partners

Universitas, Bloemfontein

PC Bruwer and Partners is a small accounting and auditing firm, situated in the Free State Town, Bloemfontein, South-Africa. We can proudly say that we have been in operation from 1973 and provide a variety of services to a wide range of...

1 review

by Corlia, 063****111

Fraud comes to mind with him, Terrible, Mr. Bruwer did not even listen to my request before paying out about half a million Rand of my money, I did not even give consent and also asked him many times to just wait a day or 2, cause I had pro...

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Azima Auditors

Universitas, Bloemfontein

South African Revenue Services. All accounting and tax services...

0.0

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JM Consultants

Bloemfontein

We provide client-orientated business and Financial solutions through excellence. A financial consulting firm that thrives on employing efficient and effective business solutions to every client specific situation. ...

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Schutte Registered Accountants

Hillsboro, Bloemfontein

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0 reviews

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Heckmar Makelaars Trust

Universitas, Bloemfontein

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Nolands

Westdene, Bloemfontein

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Solution One Management

Services Bloemfontein

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S Van Schalkwyk

Bloemfontein

0.0

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Frequently Asked Questions

What exactly do auditors do?
Auditors in Bloemfontein are responsible for examining the financial and organisational operations of a business or person. They check that all parties are complying with the regulations set out by the relevant authorities.
Why are auditors necessary?
Auditors ensures that businesses, organisations and people are complying with industry standards and undergoing legal practices. If there is evidence of non-compliance, the relevant authorities can investigate the situation and take further action if necessary.
Do auditors/ inspectors undergo an auditing process?
Yes, all auditors should be audited. This helps to avoid errors and discrimination within the auditing process. The Independent Regulatory Board for Auditors (IRBA) is responsible for regulating auditing standards in South Africa.
What happens when you have been successfully audited?
You will receive a certificate of compliance when you have been successfully audited. It acts as proof that all operations are legal and meet industry standards. However, if the person, business or organisation is non-compliant they will undergo further investigation which could result in legal action.
How do I make sure that the auditing process is successful?
You can ensure an audit is successful by checking that you are 100% compliant with the law and industry regulations. All businesses can benefit from having a lawyer or legal team to monitor the business’s practices.
What are the benefits of private auditing?
Private auditing is not always necessary. However, a private audit report can give businesses in Bloemfontein an indication of their current compliance status. It allows for the necessary changes to be made before facing serious consequences.
What kind of companies need to be audited?
1. Public companies listed on an exchange

2. State-owned companies funded or run by the government

3. Private companies with a public interest score of at least 350

4. Personal liability company

5. Non-profit companies

There are different requirements for different businesses, organisations and people. State-owned companies and public companies in Bloemfontein must be audited. In addition, private companies and public figures in Bloemfontein must be audited to if it’s within the public’s interest. There is a public interest scoring system that determines whether the auditing is necessary. It generally applies to large corporations, politicians, business owners and celebrities. Not all businesses in Bloemfontein need to be audited.
How often does auditing take place?
It varies depending on the industry. However, auditing generally takes place once every financial year. In addition, auditing might take place more than once if the business is under investigation for non-compliance or if a new audit report would serve public interest.
Are audit reports 100% accurate?
Audit reports are as accurate as possible. However, it’s impossible to monitor all the practices of a business, organisation or person. Sometimes, transactions take place that are not detected. However, there are reputable auditing firms in South Africa in Bloemfontein which are known for producing fair and accurate auditing reports.

Quote requests posted by other customers for auditors

Kokstad

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Roodepoort

Request for Auditors. We are body cooperate with about 30 unit of an annual income of about 1500000 from levies with a maintenance employee

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Johannesburg

Request for Auditors. I need to get a quote

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Request for Auditors. Will discuss

Delareyville

Request for Auditors. We are an NPC registered on 2024,so I want you to help with all accounting audit

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Request for Auditors.

Germiston

Request for Auditors. Please would you urgently assist me with a quote for an audit for 2024 for a complex in Germiston, Contact for Complex de...

Pietermaritzburg

Request for Auditors.

Johannesburg

Request for Auditors. - I'd like to get audited financials and report to confirm that my business is in good standing to conclude bond registr...

Featured Auditors near Bloemfontein

What exactly do auditors do?

Why are auditors necessary?

Do auditors/ inspectors undergo an auditing process?

What happens when you have been successfully audited?

How do I make sure that the auditing process is successful?

What are the benefits of private auditing?

What kind of companies need to be audited?

How often does auditing take place?

Are audit reports 100% accurate?

Quote requests posted by other customers for auditors

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