Annual Financial Statements (AFS)
Preparation of Financial Statements
The preparation of annual financial statements is a pre-requisite for any business that is actively operating. Financial statements report on your businesses financial status, they guide the management team on the overall performance of the business. You will need financial statement for filling of your annual tax returns with the South African Revenue Services, they are also a must have if you intend to raise capital from banks and investors.
Our streamlined and automated services ensure that we deliver value to your business cost effectively and efficiently.
We prepare financial statement in accordance with the latest accounting standards used in South Africa, they include
Our clients are often surprised by the possibilities we present to them;
- Standard of Generally Recognised Accounting Practice (GRAP)
- International Financial Reporting Standards (IFRS)
- South African Standards of Generally Accepted Accounting Practice (SA GAAP)
- International Financial Reporting Standards for Small and Medium-sized entities (IFRS for SME’s)
I have been with Khabalidaka Tax Consultants from the beginning and their service has been exceptional! Super-efficient, friendly and very reliable. I can highly recommend them to any future clients.
Philani Shabangu
ESTATE AGENT, ES Properties