What exactly do auditors do?

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

Featured Auditors near Mtubatuba

Canopus Accounting Solutions CC

Services Mtubatuba

Tax practitioner and accountant, bookkeeper, accounting officer, financial statement preparation and sign off. Registered tax practitioner with years of experience in dealing with SARS. We provide feedback at every step and have developed pe...

4.8

8 reviews

by Neeraj, 072****258

Trustworthy, accurate and excellent response to all queries, all compliance levels have been met and would definitely recommend Canopus Accounting to other users.

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PS Dwarikan & Associates

Services Mtubatuba

Counting on Us is Accounting For You!. PS DWARIKAN AND ASSOCIATES, is a Durban based company established in March 2017 to provide accounting, taxation, auditing, business services and solutions. We aim to provide a value added service to a...

5 reviews

by Jennifer, 068****858

Ps Dwarikan and Associates were amazing! Jenal offered great financial and tax advice as well as assistance us with our business tax and compliance, efficient and professional service! For the first time we enjoyed working with an accountan...

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Labour Specialists Employer Solutions

Services Mtubatuba

We take care of your staff matters so you can take care of your business. Labour Lawyers, Consultants and HR services to assist you. Labour Specialists Employer Solutions was established in January 2004. The Company has a Team of Attorneys, L...

4.8

4 reviews

by Ahmed, 082****216

Excellent service. Did a lot of damage control on all my ccma cases and saved me a huge amount of money

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Majisec

Services Mtubatuba

In business - for business. We are all about strategic hands-on support to develop sustainable businesses through good governance. We can help with business strategy, planning, execution, CIPC, corporate governance, BEE certificates, Ente...

3 reviews

by Veronica, 071****482

CIPC annual returns, deregistration. Business Plan, Business strategy Efficient, professional and really well priced. Highly recommended

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Pacioli Audit Solutions

Services Mtubatuba

Pacioli Audit Solutions is a revolutionary auditing firm that excels in efficiency. Let us guide you to financial peace of mind. Pacioli Audit Solutions is a contemporary professional auditing firm, serving the very latest in auditing and ma...

1 review

by Ayesha, 078****366

I received a very high standard of service and would definitely recommend using this form

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Renier Botha & Associates

Services Mtubatuba

Renier Botha & Associates is a medium sized audit firm, situated on the North Coast of Kwa-Zulu Natal and Durban. Renier Botha & Associates is a medium sized audit firm, situated on the North Coast of Kwa-Zulu Natal and Durban. We have been ...

0.0

0 reviews

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MN Financial Services

Services Mtubatuba

Financial, Auditing, Taxation, Management and related support/financial services. Accounting, Auditing, Taxation, Financial and Business Management and related services with more than 20 years experience across a range of industries including...

3 reviews

by Kamal, 082****399

I have known Malcolm for several years. He assisted with the management of several investment properties that I co-owned with a group of friends. Malcolm managed all financial matters relating to the purchases, letting and sales of all our ...

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Danron Accounting Services

Services Mtubatuba

Reasonable and affordable Rates. Committed to Excellence. Peace of Mind is Yours. We have been in the Accounting and Administrate field for the last 25 years. We are one of the best in the East Coast. We will be able to attend to your ent...

1 review

by Irvine, 083****996

Accounting services and vat returns, very happy with the service

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Inkazimulo Business And Advisory Services

Services Mtubatuba

We conduct our clients’ affairs with uncompromising honesty, integrity, confidentiality and professionalism. Nkosingiphe Inkazimulo Trading and Projects (Pty) Ltd trading as Inkazimulo Business and Advisory Services is a professional service ...

1 review

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Associated Accounting Services

Services Mtubatuba

I am an accountant that has been practicing in Empangeni for 5 years, and I was a bookkeeper for 10 years before that. I do all accounting up to Financial Statements, income tax for businesses and individuals, all SARS submissions, Workmen...

0.0

0 reviews

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SAB & T Durban Chartered Accountants SA

Services Mtubatuba

1 review

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Aitken Lambert Elsworth

Services Mtubatuba

1 review

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Mitchell WJ & Associates

Services Mtubatuba

0.0

0 reviews

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BXP Group

Mtubatuba

0.0

0 reviews

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Frequently Asked Questions

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

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Featured Auditors near Mtubatuba

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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