Services
Kingdom Accountants can offer you the following services:
Accounting Services
Kingdom Accountants provides a full range of accounting services to small and medium sized businesses across South Africa, be it you are in Rusternburg, Klerksdorp, Ventersdorp or anywhere in South Africa. We are here to take care of every aspect of your business accounting and bookkeeping needs. From business accounting to tax consulting, we pride ourselves on our industry expertise, friendly approach, and excellent client service. Our accounting services, regardless of where you are at in South Africa, are affordable and very efficient for your business needs. You could be anywhere in South Africa. We got you. Below is our list of things included in our accounting services. That said, we encourage you to contact us for customized services and quotation.
Why Are Accounting Services So Important?
It is of paramount importance for small and medium-sized businesses to know and understand the importance of proper record keeping and financial statement interpretations. In so many instances business owners do not assess the performance and growth of their businesses and unfortunately, this has led to unexpected business failures and closures in South Africa and Africa as a continent. With a proper and efficient accounting firm and system by your side, you can accurately measure the actual performance of your business and identify key areas of improvement. By law, businesses are required to prepare Annual Financial Statements according to reporting standards i.e. International Financial Reporting Standards (IFRS) or International Financial Reporting Standards for Small to Medium-sized entities (IFRS for SMEs) and keep certain tax records for 5 years. With an accounting firm like Brendmo Chartered Accountants by your side, we can help you to always be compliant with the law – from recordkeeping to filing your tax and annual returns.
Proper bookkeeping or recordkeeping using an appropriate accounting system
Preparation and review of monthly management accounts for management decision making
Budgeting and review of budgets against actual performance
Preparations and presentation of Annual Financial Statements
Monthly and yearly reconciliations
Processing, updating and general maintenance of a fixed asset register.