Best accountants in Woodleigh, Eastern Cape


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Myriad

Baysville, East London, EC (2.1km from Woodleigh)
Myriad was formed originally in 2004 by the current Directors. The team comprises of specialists in Accounting, Tax and Advisory and is fortunate to pull in further resources from within the Myriad Group of Associates to include Forensic Audit specialists, Legal and Supply Chain experts, Human Resource and Project Management practitioners.

Khwalo Business Accountants & Auditors

Berea, East London, EC (2.4km from Woodleigh)
Khwalo is the Private Company that is managed and owned by the previously disadvantaged Youth. Khwalo Business Accountants and Auditors specialises in providing practical solutions specifically designed to enhance the performance management, risk management and internal control functions of the private and the public sector organisations. Our Services - Accounting Services - Internal Auditing - Tax Consulting - Forensic Investigations - Business Advisory & Management - Consulting Services(private and public)

Marais & Smith Chartered Accountants

Berea, East London, EC (2.4km from Woodleigh)
The firm of Marais and Smith Chartered Accountants was formed as a direct result of the withdrawal of the assurance division (audit and accounting) of Deloitte from East London. We, having identified the need to continue to service the existing client base of Deloitte, approached the Executive Board of Deloitte with the intention of purchasing the East London Practice office. On 1 June 2005, we opened the East London practice office of Marais and Smith Chartered Accountants. Effective from 1 October 2017, we have appointed two new partners into the firm, namely Rebekah Conway and Jennifer Opie. All Partners are...

Pupuma and Associates

Vincent, East London, EC (2.5km from Woodleigh)
We offer a world class service in East London. We offer in-house accounting services and training to help you manage your finances while concentrating on your business. We come to your office and process all accounting services on location. We help you implement accounting and management systems, organise your payroll and help administer tax reconciliations at your convenience.

Standard Financial Group

Quigney, East London, EC (3.3km from Woodleigh)
We bring together the key resources you need to make your financial plan work for you, the creation of a diverse range of innovative credit products, investment products, provide high quality services to their customers and building distinguished ability to attract capital, We primarily focus on public and private equity around the world with over 7 Billion dollars in investment portfolios. Giving out loan is our best priority.

Vuyiseka Bam Accountant Services

Amalinda, East London, EC (6.8km from Woodleigh)
Morning. I'm Vuyiseka Bam from East London I have graduated n cost and management accounting at university of Walter Sisulu, I am looking for a job have finance and cost knowledge experience.

The Tax Shop East London

East London, EC (9.5km from Woodleigh)
Our mission is to make life easier! Through the use of world-class technology, systems, training, and communication, we have differentiated ourselves as the professional service provider of choice.




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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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