Ø Taxation We specialize in personal taxation, corporate taxation, VAT, Capital Gains Tax, Employees Tax, Provisional Tax and all other related taxes. As a register Tax Practitioner the director prepares and submit tax returns on behalf of our clients. The tax returns that we prepare and submit are for both those individuals and companies.
Ø Financial Accounting services This is field provides consultation on technical merits on how to account for certain specialist transactions in terms of International Financial Reporting Standards that are applicable in the preparation of financial statements that comply with Generally Accepted Accounting Standards of South Africa (SA GAAP). We also provide services of preparing SA GAAP compliant financial statements which comprise of a Statement of Financial Position, Statements of Comprehensive Income, and Statements of Cash Flows with their accompanying notes.
Ø Internal Control Systems Internal control systems services include the internal auditing function. These services assist management of the clients in designing and evaluating their internal controls, assessing weaknesses within existing control environments as well as assisting them in implementing reliable and audit relevant controls that can be relied on for the attest function. An internal audit can be also performed for our clients.
Ø Training and workshops Training and workshops are provided on all the services provided by Mkululi Mbali FAS to the departments or client personnel that make use of these services in performing their duties. These trainings will enhance performance and understanding not only of the developments in the financial services sector but also in the developments in Taxation Law which are the most dynamic in the business arena.
Other technical issues in dealing and appropriately accounting for certain transactions that comply with the International Financial Reporting Standards are also covered in the training sessions which would assist the clients in preparing reports that comply with the Generally Accepted Accounting Standards of South Africa.