What exactly do auditors do?

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

Featured Auditors near Worcester

L D P Group

Services Worcester

LDP Group is a well-known and long-established practice of public accountants and auditors in South Africa. LDP Group is a well-known and long-established practice of public accountants and auditors in South Africa. A team of 8 Directors ...

4.9

7 reviews

by Paul, 082****104

Auditing Services: Professional service with the right experience and knowledge to be a valuable business partner !

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Eva Financial Solutions

Services Worcester

Our mission: That businesses should have the best financial tools and services to successfully plan, structure, invest and grow. Eva Financial Solutions is a one-stop outsourced financial management firm. We implement the best cloud based ac...

3.4

5 reviews

by Roy, 060****519

The service was very professional and helpful. I would recommend Lazarus to anyone.

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Belle Vista Accounting Solutions

Services Worcester

Accounting Business providing the best service in Cape town. Belle Vista Accounting Solutions was formed by Paul Dias, a chartered accountant. Paul has worked in many industries ranging from manufacturing to retail to financial services. He p...

4.5

4 reviews

by Jessie, 084****964

Had no problems, fast and reliable service. Reasonably priced.

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Zwelini Holdings

Services Worcester

We provide professional accounting services. Zwelini Holdings is a consulting firm that offers accounting and business consulting services. Our collective knowledge and expertise includes a Chartered Accountant registered with the South A...

3 reviews

by Enosh, 084****922

Best accounting management service I've received so far. Keep up the good work.

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C8 Chartered Accountants

Services Worcester

C8 Chartered Accountants prides itself on leveraging the divergence of opportunity in the new South Africa by developing close relationships with clients and key stakeholders. C8 Chartered Accountants prides itself on leveraging the divergenc...

2 reviews

by Catherine, 064****046

Our company has been using C8 Chartered Accountants for a few years now and they are fantastic, they have also been doing my daughters company books and we find them very reliable and effecient also willing to help us any time of day. l hig...

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Ensure Secure Services

Services Worcester

Professional investigation and forensic services with clear cut results. We are an accredited Private investigation company providing professional investigation and forensic services. Our team have 40 years combined experience in the Private...

2 reviews

by Anoniem, 082****284

.....

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EFG Audit

Services Worcester

EFG Audit has the experience and knowledge to create a custom solution specific to your needs. Whether you need assistance with your income tax submission or business accounting and auditing services, EFG Audit has the experience and knowled...

1 review

by Iban, 081****626

Love the service EFG Audit provides.

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Bido Consultants

Services Worcester

Navigate Success Together. Welcome to Bido Consultants, your trusted partner in financial management, Auditing, Taxation and accounting solutions. We are a dedicated team of experienced professionals committed to providing personalized servic...

1 review

by Amkelwa, 061****704

Bido Consultants assisted me with the company registration. Their service was quick and very professional. I would recommend their service.

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Firmbridge Consulting

Services Worcester

We beat all valid quotations and prices. We are a Registered firm of Chartered Accountants All finance related matters at affordable rates. We discount all valid quotations by 10%...

4 reviews

by MAMBO, 073****550

Timely and good customer service.

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HVM Accountants

Services Worcester

We offer a wide range of services from auditing, accounting, tax and payroll. Feel free to contact us. HVM started business in November 2007 mainly focusing on training and consultancy. Since February 2008 HVM has started to expand its servic...

1 review

by James, 082****392

Great advise and service to all my businesses. Definetaly worth contacting them. Friendly and proffesional staff.

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Altru De Klerk CA SA

Services Worcester

Trust through partnership. DK Capital - Charted Accountants (SA) are passionate about partnering with businesses and individuals to assist them in achieving success. Trust is everything to the firm and its core value. The managing director...

1 review

by Charmaine, 073****971

A+ service on point! i have been treated as priority handles my requests as priority i would recommend De Klerk Capital with no reservations!

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NBC Accounting Solutions

Services Worcester

Adding value to clients' business. NBC Accounting Solutions provide accounting and auditing services to individuals and businesses in the Western Cape or any other area in South Africa. We can assist with all your accounting and auditing n...

1 review

by DK, 082****949

Natasha from NBC has been doing our accounts for a number of years and we have found her to be reliable, efficient and friendly. Her knowledge is sound and she maintains a very professional attitude.

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Exceed Cape Town Inc

Services Worcester

Exceed (Cape Town) Inc., a firm of chartered accountants that is part of the Exceed Group, was established in 2000 by the brothers FH Loubser and JS Loubser in order to offer clients a full range of auditing, accounting and related services...

0.0

0 reviews

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Bdv Platinum Inc

Services Worcester

BDV Platinum seeks to provide each client with an individualised, precise, trustworthy and cost-efficient financial services alternative.Ensuring compliance with all relevant legislation in a highly regulated environment, while offering tim...

0.0

0 reviews

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Jean-Pierre Chartered Accountant

Services Worcester

0.0

0 reviews

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Frequently Asked Questions

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

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Featured Auditors near Worcester

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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