Best accountants in Framesby, Eastern Cape


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LEAD Accountants And Financial Planners

Lorraine, Port Elizabeth, EC (3.8km from Framesby)
ACCOUNTANTS AND FINANCIAL PLANNERS LEAD Financial Strategists are a team of Professional Accountants, Tax Practitioners and Certified Financial Planners that seek, first and foremost, to understand you. We LISTEN, EVALUATE, ADVISE and ultimately DEVELOP financial strategies that are insightful and shaped to fit your circumstances and goals, adherent to the spirit of the legislation. Our professional membership, together with our internal code of conduct, instills in our team the ethics, honesty, integrity and transparency that we subscribe to as the minimum standards necessary to provide you with a service that you can trust. Your business strategy, and decisions, must be...

Francis Reed & Co

Cotswold, Port Elizabeth, EC (3.9km from Framesby)
Effective Accounting, Taxation and Bookkeeping Services for businesses and individuals Looking for a dynamic professional firm of Chartered Accountants and Taxation Practitioners based in Port Elizabeth? Francis Reed & Co is your solution. We have been looking after our clients accounting and taxation needs for more than twenty years. We are a highly motivated and qualified team with many years of experience, both in the accounting profession and in commerce and industry. Whatever your bookkeeping, accounting or taxation needs, we, as Chartered Accountants are ideally suited to attend to them. As individuals we have varied professional qualifications and backgrounds; as...

Vosloo Konsult

Cotswold, Port Elizabeth, EC (3.9km from Framesby)
The directors at Vosloo Konsult believe enthusiastically that their business offers its clients a unique financial consultancy experience. They feel strongly about the relationships they develop with each client. It is this relationship dynamic that defines the Vosloo Konsult service as an experience beyond merely a financial process. As a firm of family directors, the Vosloo’s bring the mutual respect and trust of their family directorship into their business directorship - with each other and therefore also with their clients. Their underpinning family values characterise the professional delivery and innovative financial solutions they consider to be non-negotiable in their service...

Francis Reed & Co

Cotswold, Port Elizabeth, EC (3.9km from Framesby)
We have been providing accounting and tax services to our valued clients for more than twenty-five years. Contacts us today.

chris knoetze

Newton Park, Port Elizabeth, EC (4.6km from Framesby)
Growing a business is often all consuming leaving you without focus, so let us help you by giving you the right advice to become a successful venture. We enable and assist our clients to establish and run an efficient business, helping them towards financial independence. We will provide you with efficient monthly bookkeeping and accounting, prepare your annual financial statements and assist you in managing your tax affairs. We can review and analyse the performance of you business and make recommendations to create the right structure.

JMD Solutions

Newton Park, Port Elizabeth, EC (4.6km from Framesby)
JMD Solutions (Pty) Ltd provides accounting, bookkeeping, payroll and other administrative and tax services.

Taxpro Accountant

Newton Park, Port Elizabeth, EC (4.6km from Framesby)
Specialize in Income Tax for all Commission based earners, Real Estate agents and Independent Contractors earning local or foreign Income, Skippers and all other basic Income tax returns.

Accurate Accounting

Newton Park, Port Elizabeth, EC (4.6km from Framesby)
Accurate Accounting is a professional accounting firm that provides accounting services to small and medium-sized businesses in Gqeberha PE. Contact us today.




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Why do I need an accountant?

If one likens a company or business to a human body, the accountant may be seen as the circulatory system, ensuring that the financial resources are controlled and available as needed in order for the company to survive and profit. As such, an accountant is vital to the smooth running of the company.

Qualifications of an accountant

An accountant is, by definition, more than a bookkeeper (see Uptasker’s articles on Bookkeepers for information). He (or she) has obtained a B.Com Accounting degree or an equivalent CA(SA) undergraduate qualification at a SAICA (South African Institute of Chartered Accountants) accredited university. Once the degree has been completed, it is necessary to complete the Certificate in the Theory of Accounting (CTA), which focuses on Accounting, Auditing, Financial Management and Taxation.

The accountant then enters into a 3-year on-site apprenticeship and practical training period in a Registered Training Office (RTO) if planning to specialise in auditing, or an Approved Training Organisation (ATO) in order to specialise in financial management. This qualifies the accountant to accurately assess and control all financial matters through the keeping of detailed financial records, including the provision of advice and guidance relating to financial matters. There is a difference between a bookkeeper and an accountant, in that only an accountant is qualified to sign off annual accounts and present these to the external auditors for review.

Types of accountant

An accountant may be permanently employed by a small company, business or organisation, or be part of the team of a large national or international corporation. Alternatively, an accountant may be employed as and when needed in the case of smaller companies or businesses which do not have high financial turnovers and therefore do not need a permanent full-time accountant. Self-employed accountants are an ideal solution for small enterprises, as they are able to assist when needed, but are not permanent employees which smaller businesses cannot afford.

In addition, there are external specialised forensic accountants who are independently appointed to look into possible financial irregularities or suspected fraud in companies. Such accountants are highly skilled and experienced in laws relating to financial affairs.

Accountant’s duties

An accountant is responsible for all matters relating to the financial affairs of the organisation for which he or she works. Although there may be more junior clerical staff working under the accountant, it is the accountant’s responsibility to ensure that all matters of finance are accurate, up-to-date, in line with legal requirements, open to scrutiny and above reproach.

The accountant is tasked with ensuring that management is kept informed of the financial affairs of the company, and will provide advice and guidance when needed. He is given the overall responsibility of ensuring that creditors are paid timeously, and that debtors settle their accounts as agreed, thereby ensuring a steady flow of income into the company.

The accountant is also responsible for ensuring that the company’s employees are paid correctly and on time. The accountant is an integral and vital member of any business, for many reasons.

Choosing the right accountant

Check their reputation and online reviews

Accountants who form part of the permanent workforce are selected with extreme care, bearing in mind their qualifications, skills and experience. However, for those smaller businesses which choose to use an external accountant, it is wise to appoint an accountant who has an excellent reputation.

Whilst accountants can and do widely advertise their services, it is advisable to find out if they are well known, how long they have been in operation, whether they are reliable and affordable for your particular needs, and, if available, who else they are working for. Make use of a reliable and informative resource such as Uptasker where possible to check their reviews and range of services.




Top accounting tips

Top accounting tips

Even small businesses will find the services of an accountant invaluable, especially when it comes to taxation matters, collecting debtors’ payments and preparing annual accounts for inspection by the auditors (if you have a (Pty) Ltd company). A bookkeeper can assist you to a large degree, but an accountant is your safe haven at the end of the financial year.

For more tips, see our accountant articles.


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