SMMEs registered in South Africa are only legally required to be audited if their Public Interest Score (PI Score) exceeds 350. Alternatively, these businesses can opt for independent reviews of financial statements and accounting records. We are able to issue an independent review and accounting officer certificates to support compliance.
1 point for each employee or the average number of employees throughout the year.
1 point for each million rand of turnover during the financial year. If the turnover is half a million rand, score ½ a point.
1 point per million rand of third-party liability (money owed on loans, debentures, and other financing).
1 point for every individual who, at the end of the year, is known to have a direct or indirect beneficial interest in the company, such as shareholders and stakeholders.
Whether you are looking to purchase a business or sell your business, we will be more than happy to support you in measuring the commercial and strategic viability of the business to ensure a fair evaluation. Our due diligence services are performed by experienced and qualified professionals with prior private equity and valuations experience.
Financial due diligence
We support both buyers and sellers by assessing the underlying financial health of a business. Our due diligence services are performed by experienced and qualified professionals with prior private equity and finance experience.
Our advisory services support your business and all of its needs.
We’ll walk with you every step of the way in building and growing your company.