CSL Accountants

CSL Accountants is a 100% black owned Accounting and Tax Consultancy established in 2009, we specialize in Accounting, Tax and Advisory services.

who we are

CSL Accountants is a successful Accounting and Tax Consulting firm owned and supervised by Matome Shadrack Modika who enjoys Strategic Alliance with Mazars and Mazars through the Recognised controlling body, South African Institute of Business Accountants. CSL Accountants operates mainly in Limpopo Province although it has spread wings to render services to clients outside of the province such as Mpumalanga, Free State, Gauteng and Cape Town through improved technologies adopted by the firm. The firm offer clients accounting services with the oversight of an experienced accountant at a price they can afford.

Our Services

1

Accounting Services

Managing your business should be your number one priority so let us handle your accounting services. From payroll management, taxation, monthly reports, annual financial statements and any other accounting function required we are sure to deliver quality services. We offer a number of in-house accounting services so that you can focus on what you do best – managing and building your business. We handle primary books of account, payrolls, VAT returns, levies and all other areas of the accounting function and deliver monthly reports, annual financial statements and taxation reports.

Below are the Accounting Services we offer:

Monthly Bookkeeping Services
Monthly Management Accounts
Preparation of Audit Files
Interim Financial Reports
Drafting of GRAP or IFRS Compliant Annual Financial Statements
Internal Control Reports
Budgets and Cash flow forecasting
Accounting Officer Services
Cash Management

2

Tax Services

Given the complexities within tax, our tax specialists aim to provide you with the best tax advice which is compliant to the relevant legislation. Additional to this we place emphasis on tax planning for you as an individual and for your company ensure that all your tax affairs are in order.

Our Expertise

Registration with SARS for Income Tax, VAT, PAYE, UIF and SDL
Income Tax Returns IT 12, IT 14 and IRP6 together with their submission
VAT Returns
PAYE Returns
UIF Returns
SDL Returns
Workman’s Compensation Fund Registration
Application for Letters of Good Standing – Workman’s Compensation Fund
Tax Clearance Certificates

3

Internal Audit

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. At CSL Accountants, it is our aim to assist our clients to accomplish their objectives by making recommendations which will bring a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Our internal audit service is designed to provide both assurance and consulting assistance on the adequacy and effectiveness of an organization’s system of internal controls and we perform a variety of services, including:

Corporate Governance

Corporate Governance Consulting and Reviews
King IV Implementation and Assessments
Board and Board Committees’ Assessments
Board Empowerment and Training
Audit Committee Advisory

Compliance Management

Regulatory Compliance
Business Continuity Consulting
Integrated Reporting Reviews

Enterprise Risk Management

Integrated Risk Management
Risk Infrastructure and processes set-up
Enterprise Risk Assessments
Risk Training and Awareness

Business Performance Improvement

Supply Chain Procurement and Contracts Management
Performance Information Management
Finance Optimization
Revenue Assurance

Internal Audit & Financial Advisory

Internal Audit Co-Sourcing and full outsourcing
Internal Audit Quality Assurance Reviews
Training and Development of Audit Functions
Internal Audit Transformation
Start-up & Development Advice
Audit of Financial Statements Audit of Performance Information / Outcomes
Performance Auditing
Combined Assurance Consulting and Implementation

4

External Audit And Assurance

As our core business, we deem audit and assurance services to be critical to your business.
We can assist you with the undermentioned core services we provide:

Non-Statutory Audit

Even though your business may not need by law to have an audit, you may choose to have one. There are many reasons, such as, a request from an investor, bank or minority shareholder; confidence when entering into tendering offerings or you wanting the comfort of knowing your business has strong controls and accurate trading results.

Statutory Audit

If your business breaches certain statutory levels as determined by the Companies Act no 71 of 2008, your company has to be audited in accordance with International Auditing Standards.

Due diligence

This is not an audit in the accepted sense. If you are in the process of acquiring another business this review aims to support the purchase price and identify any deal breakers through detailed reviews of the target’s financial information and financial information reporting systems.

Assurance Reports

In accordance with the International Standards on Assurance Engagements we are here to provide assurance to give management that extra piece of mind on the matters which they require.

5

Secretarial Services

Our advisory and consulting division mainly focuses on business operation improvements, additional market share identification, profit improvement and cost saving measures which your business can implement. We don’t only assist you in identifying areas of improvement but we will also assist you with the implementation of the strategies identified. We will concentrate on what will maximize your business growth and improve its sustainability.

We offer the following services in regards to advisory & consulting services:

Professional Business Plans
Assets Management
CIPC Returns
Company secretarial services
Accounting Officers to CCs, NGO, NPOs
Liaise with SARS
Business Solutions
Pastel Implementation to Businesses
Partnership and Joint venture Agreements
Training of finance divisions
Strategic planning
Purchasing and sale of business
Profit improvement and cost reduction exercise