Annual Financial Statements
We prepare fully compliant Annual Financial Statements for sole proprietors, close corporations, and private companies — ensuring you meet statutory deadlines and lender requirements.
Book a ConsultationWhat you get with our Financial Statements service
- IFRS for SMEs compliant statements prepared accurately
- Meet statutory filing deadlines with CIPC
- Support for bank loan applications and investor due diligence
- Signed by a SAIPA Professional Accountant (SA)
- Management commentary included
- Comparative figures and notes included
Get Started with Financial Statements
Book a free 30-minute consultation and we'll explain exactly how this service applies to your business — with no obligation.
Book Free ConsultationCommon questions about Financial Statements
Who is required to prepare Annual Financial Statements?
All registered companies (Pty Ltd, CC) in South Africa must prepare AFS annually in accordance with the Companies Act. Sole proprietors with significant turnover also benefit from formal statements.
How long does it take to prepare AFS?
For a well-organised set of books, typically 10–15 business days. We work with you to resolve outstanding queries as quickly as possible.
Do I need an audit or just a compilation?
Most SMEs require only a compilation engagement. An audit or review is required if your company meets the Public Interest Score (PIS) threshold of 350+. We'll assess this during your consultation.
Other services you may need
Tax
Individual and corporate tax returns, provisional tax, and SARS dispute resolution.
Bookkeeping
Accurate, up-to-date books so you always know where your business stands.
Payroll
Full-service payroll including PAYE, UIF, SDL submissions and payslips.
Cloud Accounting
Real-time financial visibility on QuickBooks, Xero, and Sage — anywhere, anytime.
Guides you may find useful
Ready to take control of your finances?
Book a free consultation with a SAIPA-registered accountant today.