What exactly do auditors do?

Auditors in Ermelo 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 Ermelo 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 Ermelo must be audited. In addition, private companies and public figures in Ermelo 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 Ermelo 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 Ermelo which are known for producing fair and accurate auditing reports.

Featured Auditors near Ermelo

Veld Cooper And Associates

Services Ermelo

A Reputation Built On Service Excellence. VCA has been a national Human Resources Development (HRD) provider and outsourced HR consultancy since 1996. We specialise within the HRD field and continue to advance and improve our services to matc...

9 reviews

by Yoland, 083****164

Good afternoon iam yoland Thompson iam looking for a job wanna know u have vaccansie available thanku

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Eulogew Financial Consultants

Services Ermelo

Business and Finance Specialists is our middle name. - Accounting & bookkeeping services ( this includes the processing of bankstatements, debtors, creditors, bank reconciliations, invoicing, etc. ) - Business Operations review & analy...

4.9

11 reviews

by H, 082****965

Very impressive. All submissions to SARS done with within half an hour. First payment received 2 days later. Thanks Henk

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Future Co Auditors

Services Ermelo

Your full circle financial and business partner. Future Co Auditors Incorporated is a well established audit firm that provides services such external audits, independent reviews, due diligence, business valuations and other special purposes ...

1 review

by Lizanda, 083****271

I use FC Financial in my personal capacity for all personal Investments and tax matters. We also use FC Financial to do our clients (Legal Firms) Trust audits and Tax compliance. I can recommend FC Financial for all your money matters, fro...

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Control Gap Solutions

Services Ermelo

Practical solutions in an agile age. We are passionate about leaving companies being better than before we worked with them. Services include: - Business Process Reviews - Internal Audit and Internal Audit Training - Risk Management - Com...

1 review

by Heinrich, 083****018

CGS has provided excellent business guidance, support and advice to our company (time and again). They are professional and efficient and will provide valuable, fresh angles of insight into your business. If you are in two minds about using...

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AH Accountants And Biz Consulting

Services Ermelo

Our mission lies in providing outstanding Accounting Services and Business Consulting of superior quality to our Clients as their primary business advisors. Our focus fixed on their financial wealth. No need to employee a full-time bookkeepe...

1 review

by Heleen, 083****575

We have been dealing with Amanda and James for a long time and they are our trusted accountants and HR consultants. Lions Rest Guest House and Mortgage Max Home Loans are proud to be associated with such a magnificent company and they ar...

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Talent And Virginia Skills Development And Consultancy

Services Ermelo

Talent and Virginia Skills Development and Consultancy. Talent and Virginia Skills Development and Consultancy is formed due to QCTO taking over some of the qualifications from the 21 SETAs .So our main goal is to deal with skills transferrin...

1 review

by Deborah, 065****070

My training was of high professionalism. I enjoyed the training, I am now a safety officer, also your consultant on safety compliance to the company I am working at was really good. Thank you so much team , continue your best work to everyo...

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Lekgetho Tax And Bookkeeping Services

Services Ermelo

We provide Tax, Bookkeeping Services and other services such as company registration with CIPC, company profiles and preparation of business plans when looking for funding. Our business primary focuses on assisting SMEs, start-ups and indivi...

1 review

by Thomas, 073****932

The firm provided excellent service on time and to my satisfaction.

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MGT Accounting And Consulting Inc

Services Ermelo

MGT Accounting and Consulting identified a gap where small to medium entities are reactive to compliance instead of being proactive, this is largely due to a lack of understanding of their compliance. MGT Accounting and Consulting Pty Ltd was...

1 review

by Ayanda, 064****856

Their service delivery was efficient and accurate, which gave me peace of mind knowing my business was in good hands. I especially appreciated the personal touch in their communication and how they tailored their approach to suit my specifi...

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Bobat & Associates

Services Ermelo

We are no ordinary accountants, we are Great at what we do! Our main aim is to turn those stressful accounting and tax issues into value added solutions. Only because we LOVE what we do............... Bobat and Associates is an Auditing fi...

1 review

by Nazrana, 073****399

Bobat and Associates have provided me with an excellent service and strategic guidance for my start-up. Highly recommended!

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Mshengu NN Financials

Services Ermelo

The Best Financial Solution. We have been doing Bookkeeping and Accounting work for small and medium businesses including the NPCs for ten years. We then decided to register the business in 2020 to make it a formal entity which is trustworth...

2 reviews

by Zamaswazi, 076****971

Great service.. Best negatiatable Prices. Saves me the time

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Pick A PC

Services Ermelo

Your one stop IT Support solution. For all you IT related problems give us a call, We are a proud Microsoft Partner. We can supply you with Laptop`s, Custom build Desktop PC`s, Network infrastructure devices, CCTV systems, Servers, Softwar...

1 review

by Johan, 081****689

Great service and very fast response time! Thanks guys!

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Van Der Merwe Auditors

Services Ermelo

vdm. Audits Financial Statements Income Tax Returns Trusts Estate Planning Company Registrations Vat submissions Payrolls - submission EMP 201 and EMP 501 Estate Tax...

2 reviews

by Chris, 082****496

Excellent

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Frequently Asked Questions

What exactly do auditors do?
Auditors in Ermelo 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 Ermelo 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 Ermelo must be audited. In addition, private companies and public figures in Ermelo 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 Ermelo 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 Ermelo which are known for producing fair and accurate auditing reports.

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Soweto

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Rustenburg

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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

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Roodepoort

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Featured Auditors near Ermelo

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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