Keeping up with updates to the International Financial Reporting Standards (IFRS) is essential for accurate financial reporting. These updates can affect how you report assets, liabilities, and equity, impacting your business’s financial position. Staying informed ensures compliance and clarity. Check out our service offerings for our team to assist.
The Importance of Continuous Professional Development in Accounting in the rapidly evolving world of accounting, continuous professional development (CPD) is essential. It ensures that professionals remain current with industry standards, regulatory changes, and best practices, ultimately enhancing service delivery and client satisfaction.
In an evolving financial landscape, maintaining accurate and transparent financial reports is paramount for any business. At Ramuedzisi, we offer comprehensive advisory services designed to help your business adhere to the latest financial reporting standards in South Africa. Our expert team ensures that your financial statements are not only compliant but also clear, precise, and insightful.
Ramuedzisi stands firm in its dedication to accounting integrity and excellence. Accounting integrity means maintaining the highest standards of honesty and accuracy in all financial reporting, while excellence involves continuously striving to improve our services and deliver outstanding results. Join us in staying informed and navigating financial policies with confidence.
lection season sparks discussions about fiscal policies. Fiscal policies refer to government strategies regarding taxation and public spending designed to influence the economy. Trust Ramuedzisi to navigate you through the complexities of these accounting regulations, ensuring your business adapts and thrives.
Dive into the world of financial metrics with us! Ever heard of a PI Score? The PI Score reflects the level of public interest in a company, gauging its significance beyond immediate stakeholders. It's mandated by the Companies Act and determines whether a company's financial statements need auditing or independent review and which financial reporting standards apply (e.g., IFRS or IFRS for SMEs). This regulatory tool ensures businesses uphold ethical standards and maintain accountability to stakeholders. Remember, a PI Score is not just a number; it's a reflection of a company's commitment to transparency and integrity. For more information on our service offerings, visit our [website](https://lnkd.in/dagzSABW) 🌟💼 #TeamRamuedzisi #ServingExcellence #UnrelentingPursuitofExcellence
Passing the accounting board exams is a significant milestone that opens numerous professional opportunities. Explore diverse career paths in accounting, such as auditing, financial management, or investment banking. Consider specializations like becoming a Registered Auditor (RA) or Certified Management Accountant (CMA) through advanced certifications. Gain practical experience via internships or entry-level positions, and build a network through industry events and professional associations. Stay updated with industry trends through continuous professional development and uphold ethical standards in your practice. Embrace the exciting opportunities ahead and leverage your qualification for a rewarding career. For more information on our service offerings, visit our [website](https://lnkd.in/dagzSABW).
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Exploring the myriad avenues to identify the ideal auditor for your company? Let's delve into these options. Seek referrals and recommendations from your professional network, industry peers, and trusted advisors who can offer firsthand experiences with auditing firms. Tap into industry-specific associations and networks for tailored expertise, while online directories and review platforms provide insights through client testimonials and ratings. Additionally, consult with professionals like financial advisors and legal counsel for their recommendations based on reliability and competence. Local business networks and chambers of commerce can also facilitate connections with reputable auditors in your area, ensuring a thorough evaluation process. When selecting an auditor, prioritize factors such as industry expertise, track record, and alignment with your company's values and goals. With Ramuedzisi, expect excellence and professionalism in meeting your auditing needs. Visit our website for more details: https://www.ramuedzisi.co.za/. #TeamRamuedzisi #ServingExcellence #UnrelentingPursuitofExcellence 🌟🔗
The Public Interest Score (PI Score) is a vital metric used to assess a company's impact on the broader community, calculated based on factors like turnover, balance sheet total, and number of employees. After gathering necessary financial data, such as turnover and third-party liabilities, the PI Score is determined using specific formulas. This score not only influences the need for financial statement audits or reviews but also guides regulatory compliance and financial reporting obligations. Understanding the PI Score is essential for stakeholders, from business owners to investors, as it navigates corporate governance dynamics, ensuring financial transparency and regulatory adherence. Visit our website for more information: https://www.ramuedzisi.co.za/. #TeamRamuedzisi #ServingExcellence #UnrelentingPursuitofExcellence 🌟🔗
Our agile and dynamic approach adapts to your
unique needs, irrespective of the scale. Join us in
exploring how our client-centered focus makes us a
standout accounting partner, providing personal
attention to all clients.
🔗 Explore our service offerings and discover how we
can elevate your financial strategies:
https://www.ramuedzisi.co.za/
Learn about "Tax Compliance" to navigate the business landscape effectively. Stay tuned to our socials as we continue to learn throughout the year.
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Unlock Exclusive Updates: Dive into our world today.
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Ramuedzisi: Your exceptional choice for financial needs. Unwavering commitment to excellence, personalized approach, and strategic insight ensure value beyond measure. Choose us for accurate, precise, and tailored solutions. Schedule your year-end review now for financial empowerment and prosperity.
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Denga's Womens Month Contribution
As we commemorated Women's Month, we had the privilege of hearing from Denga Ramuedzisi, the Managing Director of Ramuedzisi at the Girls for Girls Graduation that took place in June, as he shared his views on women and their invaluable contributions.
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#PursuitofExcellence
Mid Year Financial Check-Ups
Our team of experienced accountants can help you evaluate your financial performance, identify areas for improvement, and set actionable goals to achieve success. Don't wait until year-end. Schedule your check-up.
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Don't Prepare For Audits Last Minute
To ensure a smooth and efficient audit process and to preserve compliance with regulatory standards, adequate planning is essential. Our mission is to provide independent business and organisational solutions of the highest standard that enable clients to experience growth and success.
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Business Rescue
In Addition to our accounting and audit services, we also provide financial advisory services to assist clients with short-term problems and long-term planning; we also offer financial advisory services that reduce risk, enhance performance, and add value.
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Did You Know We Provide Pre-Audit Preparations?
Did you know we provide Pre-audit Preparations? At Ramuedzisi, one of our key objectives is to help our clients perform better. Therefore, we actively engage with them to understand their businesses and their environment.
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29 August 2022
Serving Excellence is our Promise
Our mission is to provide independent business and organisational solutions of the highest standard that enable clients to experience growth and success.
Stay up to date with our latest news and information
Like our Facebook page www.facebook.com/RamuedzisiCA
Follow us on Twitter www.twitter.com/RamuedzisiCA
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22 August 2022
5 Ways To Strengthen Internal Auditing Services for Clients
Today's business environment has evolved rapidly due to rapid technological innovation, presenting businesses with problems they have never faced before. In this increasingly connected world, internal control has become essential, not only to ensure operational efficiency and effectiveness but also to enhance financial reporting reliability, compliance with laws and regulations. identification, and maintaining the integrity of the data. In the post-SOX era, strong internal controls are beneficial to management because they help achieve objectives such as safeguarding assets, ensuring reliable financial reporting, maintaining compliance with requirements regulation and supporting operational efficiency. In fact, the Johannesburg Stock Exchange requires listed companies to have an internal audit function, including internal auditors responsible for evaluating and improving the effectiveness of internal controls. , risk management and governance
Source: Strategic Finance Magazine
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15 August 2022
In an article written by Wiseman Nkuhlu he expresses the important role of auditing in society, Mr Nkuhlu notes that auditing is a profession that should be a very prestigious profession and therefore attracts only the most talented people and good citizens. Members of the profession should take pride in their unique role in society and be inspired to make the necessary sacrifices to be recognized and respected as outstanding members of the profession. This deep pride should be ingrained in every persons subconscious. The education, training and mentoring of the auditor should be such that it becomes a powerful force that cannot be tamed or silenced.
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18 July 2022
Nelson Mandela day
The global theme for 2022 is “Do what you can, with what you have, wherever you are.” The context, of course, is a world in which inequality continues to grow and in which the destructive impact of the Covid-19 pandemic has exposed existing disparities and damaged vulnerable communities in all kinds of ways. The call to action is as broad and as inclusive as possible – identify those in need around you and do what you can to make a difference for them.
Be inspired not just today but everyday to make a small difference in the lives of others.
We would love to hear what you did with what you had and where. Tell us your story of service
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
16 July 2022
The Unrelenting Pursuit of Excellence is keeping up with trends:
The Top Advisory Accounting Services in 2022
Include health check-up calls with every client
Today’s generation of business owners want constant feedback. They’re hyper-connected people. And getting info, tips and professional advice once a year from their accountant on accounting and reporting matters is not sufficient.
Make your cash flow forecasting and budgeting repeatable
When many think about advisory services, they think that they’re not scalable. If you productize the services properly, they can be extremely scalable.
Coach your clients
Specifically understand “the gap” and then to help these business owners close “the gap.” It’s simply understanding where someone is now and where someone wants to end up, specifically.
Online client support and development
Development of own scalable coaching offering that combine coaching, community and online training.
Source: Future Firm
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4 July 2022
SARS released a notice on 23 September 2014 whereby it introduced the modernized income tax return for trusts?.
The prominent features of the ITR12T are:
Ramuedzisi provides auditing services that create compliance and reporting solutions for our partners.
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6 June 2022
Risk is inherent in any business enterprise, and good risk management is an essential aspect of running a successful business. A company's management has varying levels of control in regard to risk. Sometimes, the best a company can do is try to anticipate possible risks, assess the potential impact on the company's business, and be prepared with a plan to react to adverse events.
Market risk
Market risk, also called "systematic risk," cannot be eliminated through diversification, though it can be hedged in other ways. Sources of market risk include recessions, political turmoil, changes in interest rates, natural disasters, and terrorist attacks. Systematic, or market risk, tends to influence the entire market at the same time.
Credit risk
A company must handle its own credit obligations by ensuring that it always has sufficient cash flow to pay its accounts payable bills in a timely fashion. Otherwise, suppliers may either stop extending credit to the company or even stop doing business with the company altogether
Liquidity risk
General or seasonal downturns in revenue can present a substantial risk if the company suddenly finds itself without enough cash on hand to pay the basic expenses necessary to continue functioning as a business. This is why cash flow management is critical to business success.
Operational risk
Operational risk falls into the category of business risk; other types of business risk include strategic risk (not operating according to a model or plan) and compliance risk (not operating in accordance with laws and industry regulations)
Source: Investopedia
Contact us today here
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
6 June 2022
Risk is inherent in any business enterprise, and good risk management is an essential aspect of running a successful business. A company's management has varying levels of control in regard to risk. Sometimes, the best a company can do is try to anticipate possible risks, assess the potential impact on the company's business, and be prepared with a plan to react to adverse events.
Market risk
Market risk, also called "systematic risk," cannot be eliminated through diversification, though it can be hedged in other ways. Sources of market risk include recessions, political turmoil, changes in interest rates, natural disasters, and terrorist attacks. Systematic, or market risk, tends to influence the entire market at the same time.
Credit risk
A company must handle its own credit obligations by ensuring that it always has sufficient cash flow to pay its accounts payable bills in a timely fashion. Otherwise, suppliers may either stop extending credit to the company or even stop doing business with the company altogether
Liquidity risk
General or seasonal downturns in revenue can present a substantial risk if the company suddenly finds itself without enough cash on hand to pay the basic expenses necessary to continue functioning as a business. This is why cash flow management is critical to business success.
Operational risk
Operational risk falls into the category of business risk; other types of business risk include strategic risk (not operating according to a model or plan) and compliance risk (not operating in accordance with laws and industry regulations)
Source: Investopedia
Contact us today here
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
6 June 2022
Risk is inherent in any business enterprise, and good risk management is an essential aspect of running a successful business. A company's management has varying levels of control in regard to risk. Sometimes, the best a company can do is try to anticipate possible risks, assess the potential impact on the company's business, and be prepared with a plan to react to adverse events.
Market risk
Market risk, also called "systematic risk," cannot be eliminated through diversification, though it can be hedged in other ways. Sources of market risk include recessions, political turmoil, changes in interest rates, natural disasters, and terrorist attacks. Systematic, or market risk, tends to influence the entire market at the same time.
Credit risk
A company must handle its own credit obligations by ensuring that it always has sufficient cash flow to pay its accounts payable bills in a timely fashion. Otherwise, suppliers may either stop extending credit to the company or even stop doing business with the company altogether
Liquidity risk
General or seasonal downturns in revenue can present a substantial risk if the company suddenly finds itself without enough cash on hand to pay the basic expenses necessary to continue functioning as a business. This is why cash flow management is critical to business success.
Operational risk
Operational risk falls into the category of business risk; other types of business risk include strategic risk (not operating according to a model or plan) and compliance risk (not operating in accordance with laws and industry regulations)
Source: Investopedia
Contact us today here
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
6 June 2022
Risk is inherent in any business enterprise, and good risk management is an essential aspect of running a successful business. A company's management has varying levels of control in regard to risk. Sometimes, the best a company can do is try to anticipate possible risks, assess the potential impact on the company's business, and be prepared with a plan to react to adverse events.
Market risk
Market risk, also called "systematic risk," cannot be eliminated through diversification, though it can be hedged in other ways. Sources of market risk include recessions, political turmoil, changes in interest rates, natural disasters, and terrorist attacks. Systematic, or market risk, tends to influence the entire market at the same time.
Credit risk
A company must handle its own credit obligations by ensuring that it always has sufficient cash flow to pay its accounts payable bills in a timely fashion. Otherwise, suppliers may either stop extending credit to the company or even stop doing business with the company altogether
Liquidity risk
General or seasonal downturns in revenue can present a substantial risk if the company suddenly finds itself without enough cash on hand to pay the basic expenses necessary to continue functioning as a business. This is why cash flow management is critical to business success.
Operational risk
Operational risk falls into the category of business risk; other types of business risk include strategic risk (not operating according to a model or plan) and compliance risk (not operating in accordance with laws and industry regulations)
Source: Investopedia
Contact us today here
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
30 May 2022
Organizations must prioritize internal audit investments in order to meet the growing demand for environmental, social and governance (ESG) assurance and address boards’ and executive management’s concerns about new and emerging risks
Contact us today here
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23 May 2022
We work with a range of clients to review financial documents for accuracy and compliance with laws and regulations. Some audits also include a detailed review of a company's accounting policies and procedures, as well as their information technology systems used to store and maintain financial data.
Contact us today here
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09 May 2022
“Organizations and their internal audit functions face a dizzying pace of change and unprecedented uncertainty. The pandemic has destabilized operations and labor, disrupted supply and demand, and undermined previously sound business models to an extent few would have thought possible.”
Read the full insights on the report: here
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08 May 2022
Wishing you a blessed, cheerful and Happy Mother's Day
SHARE with us, What impact has your mother played in your career?
Contact us today here
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2 May 2022
The pursuit of excellence is ensuring business submit their EMP501 Declarations on time.
Contact us today here
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20 April 2022
Our agile, innovative and dynamic approach to challenges enables us to adapt to each client’s particular needs. Providing personal attention to our clients whether big or small. We nurture our client relationships through personalized service. We are client centered and strongly operate on win-win dialogue principles. We ensure we engage with those clients with whom we are equipped to provide the best services with our resources. We understand that each of our clients is unique and therefore requires solutions that are tailored for their specific business’ needs.
Contact us today here
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11 April 2022
The IFRS Accounting Taxonomy improves communication between preparers and users of financial statements that comply with IFRS Accounting Standards.
The IFRS Accounting Taxonomy reflects the presentation and disclosure requirements of IFRS Accounting Standards and includes elements from the accompanying materials to the IFRS Accounting Standards such as implementation guidance and illustrative examples. In addition, it contains elements for disclosures not specifically required by IFRS Accounting Standards but commonly reported in practice.
Updates to the IFRS Accounting Taxonomy are released when the International Accounting Standards Board (IASB) issues new or amended Accounting Standards that affect IFRS Accounting Taxonomy content. Updates may also be released after an analysis of disclosures commonly reported in practice or to reflect improvements to the IFRS Accounting Taxonomy's general content or technology. IFRS Accounting Taxonomy updates are subject to public consultation.
The annual IFRS Accounting Taxonomy is a compilation of updates to the IFRS Accounting Taxonomy published throughout the year. The IFRS Foundation usually publishes the annual IFRS Accounting Taxonomy in the first quarter of each year
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21 February 2022
Unrelenting Pursuit of Excellence is keeping up with the trends that will influence your long term business decisions.
Every year, In February the Minister of Finance presents the budget speech in Parliament for the upcoming fiscal year. While most of us only come to hear about the year’s Budget when it comes to Parliament, it takes about 14 months of work to prepare.
It takes planning to meet your organisational needs. For all your organisational Advisory needs, get in touch with us by visiting www.ramuedzisi.co.za
#BudgetSpeech #teamRamuedzisi #ServingExcellence #UnrelentingPursuitofExcellence
7 February 2022
Unrelenting Pursuit of Excellence is keeping up with your business administration and responsibilities to SARS.
In addition to annual returns, every company (excluding Body Corporates, Share Block Companies and Public Benefit Companies) is required to submit provisional tax returns (IRP6). When should Corporate Income Tax be paid? The first of these returns is required to be submitted six months from the start of the year, and the second at year end, and must contain an estimate of the total taxable income earned or to be earned for that period.
Providing personal attention to our clients whether big or small, ensuring our clients the results they require is our first and foremost objective. For all your corporate tax compliance needs, contact us by visiting www.ramuedzisi.co.za
#teamRamuedzisi #ServingExcellence #UnrelentingPursuitofExcellence
13 December 2021
Excellence is keeping up with the trends in delivering our services.
Scroll to see the 3 Accounting Trends For 2022 that will Impact Finance and Accounting by TrinTech: #1: A greater focus on meeting worker expectations and fostering employee satisfaction. #2: Heightened regulatory scrutiny into DE&I and corporate ESG policy. #3: Though the supply chain is expected to level out, inflation will continue to rise.
Is your organisation geared up to take up these trends?
For service excellence & more information, partner with our team by visiting our website at https://www.ramuedzisi.co.za/auditing
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
13 December 2021
Excellence is keeping up with the trends in delivering our services.
Scroll to see the 3 Accounting Trends For 2022 that will Impact Finance and Accounting by TrinTech: #1: A greater focus on meeting worker expectations and fostering employee satisfaction. #2: Heightened regulatory scrutiny into DE&I and corporate ESG policy. #3: Though the supply chain is expected to level out, inflation will continue to rise.
Is your organisation geared up to take up these trends?
For service excellence & more information, partner with our team by visiting our website at https://www.ramuedzisi.co.za/auditing
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
13 December 2021
Excellence is keeping up with the trends in delivering our services.
Scroll to see the 3 Accounting Trends For 2022 that will Impact Finance and Accounting by TrinTech: #1: A greater focus on meeting worker expectations and fostering employee satisfaction. #2: Heightened regulatory scrutiny into DE&I and corporate ESG policy. #3: Though the supply chain is expected to level out, inflation will continue to rise.
Is your organisation geared up to take up these trends?
For service excellence & more information, partner with our team by visiting our website at https://www.ramuedzisi.co.za/auditing
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
13 December 2021
Excellence is keeping up with the trends in delivering our services.
Scroll to see the 3 Accounting Trends For 2022 that will Impact Finance and Accounting by TrinTech: #1: A greater focus on meeting worker expectations and fostering employee satisfaction. #2: Heightened regulatory scrutiny into DE&I and corporate ESG policy. #3: Though the supply chain is expected to level out, inflation will continue to rise.
Is your organisation geared up to take up these trends?
For service excellence & more information, partner with our team by visiting our website at https://www.ramuedzisi.co.za/auditing
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
8 December 2021
Excellence is keeping up with the trends in delivering our services..
We provide excellent audit, accounting and advisory services to our clients that goes beyond our client’s expectations.
Some of our Financial Management Accounting Services Include:
For service excellence & more information, partner with our team by visiting our website at https://www.ramuedzisi.co.za/auditing
#teamRamuedzisi #ServingExcellence #PursuitofExcellence
11 November 2021
Effective financial management in local municipalities is the key to unlocking service delivery excellence.
Here are 3 key steps to follow when auditor’s reports are issued..
For more information, and to partner with our team visit the ‘contact us’ page
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