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We Compile Your Annual Financial Statements

  • ⚡ CA(SA) support
  • 🤩 100% on-time delivery
  • 👍 Unlimited revisions

Our Chartered Accountants prepare professional quality Annual Financial Statements for small and medium size businesses in accordance with IFRS.  

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annual financial statements
Annual Financial Statements
Experts In Financial Statements

About Us

We have positioned ourselves as the provider of choice through the development of a seamless reporting process and assisting in practical application of reporting framework, with experience from small to listed-entity financial statements.

The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards. Our Standards are developed by our two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB).

What are financial statements?

Financial Statements are a key tool business owners need to plan, structure, invest and grow. They provide high-quality, understandable and globally accepted financial reports for the position and performance of your business.

Why do you need financial statements?

  • Simply for owner’s use
  • Compliance with tax and statutory requirements
  • As part of the application for financing and overdraft facilities
  • Financial statements form part of the due diligence process for an investment opportunity

When should Financial Statements be compiled?

Per the South African Companies Act, all companies are required to produce Annual Financial Statements each year within 6 months after the end of their financial year.

1 IFRS and US GAAP are the two accounting standards and principles adhered to by countries in the world in relation to financial reporting. More than 110 countries follow IFRS. South Africa follows IFRS.

2 Section 90 of the South African Companies Act requires that financial statements should be independently compiled and auditors are disqualified from preparing financial statements.

3 Financial statements are prepared in accordance with the International Financial Reporting Standards (IFRS) framework or The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SME’s) framework.

4 We also convert the financial statements to XBRL format for submission to the Companies and Intellectual Properties Commission (CIPC).

How do we get started?

The process is simple. All you need is your Trial Balance, Company Registration Documents, and the most recent previous set of Financial Statements (if available).

Step 1

Register. Place an order from our services. No payment is required when you place an order.

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Step 2

Sign Engagement Letter. Submit required documents, e.g. Trial Balance.

Step 3

Review financials.  There is no limit to the change requests.

Step 4

An invoice is sent.  Payment is upon receipt of invoice.

Services & Pricing

Our prices are fair and it's FREE to get started.
We also permit clients to request custom offers when placing an order.
You are not required to make a payment until we complete the work.

Why Remote AFS?

Extensive Experience

Our team of Chartered Accountants have vast experience working with companies like yours, helping them comply with mandates like IFRS.

Diverse Clientele

Our team has supported small and medium sized businesses from diverse industries with their compliance and reporting needs.

Attractive Pricing

All these are available to you at an irresistible price that you cannot avail yourself of anywhere else. Contact us for special pricing.

Unlimited Support

Our team provides unlimited support for your IFRS reporting and helps you comply with ease and peace of mind.

Faster Turnaround Time

Leave your IFRS compliance to us. We will compile annual financial statements in record time and help you file quicker and smoother.

Data Security

ISAE certifications underline our dedication to data security and internal systems integrity. Your financial data is safe with us.

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Experts in your corner who will prepare financial statements for you to keep.  Don’t delay.  Get started today!

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