Nongalo Financial Services CC (“NFS”)

Accounting

---

Bookkeeping

Bookkeeping services include preparation and submission of VAT and other statutory returns. The service is completely flexible and is tailored to the needs of the client. It may be provided on site, off site via an internet link to the client's accounting software and data or completely remotely using our software.

Management Accounts

Company accounts can provide valuable information to assist the client in the achievement of his or her goals. We offer to assist in the preparation of budgets, forecasts and/or management accounts on a regular basis and to assist in their interpretation.

Cash Flow Management

It is far better to see a cash flow problem in advance rather than when it arrives. Quick corrective action can often prevent the problem or reduce its impact. We prepare regular cash flow forecasts or train client’s staff to do so.

Year end accounting

We are able to tidy up accounts and make closing adjustments far more efficiently than most in house accountants, simply because as Accounting Officers or Auditors we are usually the people who have to deal with the results.

Complete accounts department outsource

With the increasing scarcity of competent staff from bookkeepers to Financial Managers, it is becoming more and more attractive for clients to completely outsource their accounting function to us. The arrangement is structured to suit each specific client, but the objective is always the same - to relieve the client of as much of the accounting and bookkeeping function as is operationally possible, to provide up to date and accurate management information and all at the same cost to company that prevailed before the outsourcing. Because we are able to duplicate all levels of skill and experience within our practice, continuity is ensured through illness, holidays and other such disruptions that arise in a normal accounts department.

Drafting and audit of Annual Financial Statements

Annual Financial Statements are drafted in accordance with International Financial Reporting Standards for Small and Medium Enterprises