Our Services
Financial Management Services
At BRF we are your financial advisor. Providing you with professional executive financial support as and when you require it and saving you from bringing in a full-time financial director.
We personalise and tailor-make the financial management service offering based on your business requirements. More than an outsourced financial director consulting from the sidelines, we form part of your executive team, integrating with your operations to provide stellar financial guidance and move your company forward.
Key areas of business financial advisory services include:
- Unpacking and formulating your business’ short- and long-term goals
- Value-added management reporting – extracting the story your numbers are telling you and advising on areas to focus on and areas that need to change
- Guiding processes and policies that need implementing within your accounting cycle
- Attendance of key management meetings
- Budgeting and forecasting
- Cash flow management
- Oversight and review of your accounting team’s output
- Liaising with auditors and ensuring your books are audit-ready
Audit
Full scope financial statement audits, in terms of ISA (International standards on auditing). Accredited with IRBA.
- BRF’s core business offering, servicing a wide range of industries, with a particular focus on the SME space. BRF expresses opinions in terms of ISA’s (International Standards on Auditing) and is accredited with the IRBA.
Independent reviews and agreed-upon procedures engagements.
- Certain companies with a PI (Public Interest) score of under 350 may elect, under certain circumstances (e.g. presuming their MOI allows for it, and depending on whether they are designated high risk companies), to have their financial statements Independently Reviewed (ISRE 2400) as opposed to Audited. This change was affected via the new Companies Act 2011.
Tax Services
Our tax service offering ensures that you are in the know and complying with tax related legislation and regulations at all times.
- Tax consulting and advisory for routine and complex local and international tax matters.
- Tax compliance assistance (filing of returns for Income Tax, Provisional Tax, Payroll taxes, Value added taxes and various other ancillary taxes).
- Debt Compromise Services
Financial Advisory Services
Valuations of businesses and financial modelling services for transaction or financial reporting purposes, including services such as:
- Independent valuations
- Valuation reviews
- Financial due diligence reports
- Impairment testing, including goodwill
- Purchase price allocations in terms of IFRS 3 Business Combinations
- Intangible asset valuations
- Business and cash flow modelling
- Net working capital reviews
- Going concern reviews
Please enquire for further information.
Accounting & Bookkeeping Services
BRF prides itself in tailoring our financial solutions to meet your business needs. With our accounting offering, you benefit from diverse expertise without employing a large team to meet those requirements. We offer the below services:
- Monthly management accounts preparation and reporting
- Payroll services
- General advice and guidance for your in-house bookkeepers
- Monthly SARS filing