Independent Review

Business owners are often unsure of when an audit is required and when a financial review will be sufficient. Business owners often do not realise an Independent Financial Review is an alternative to an audit.

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg
JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Companies Act 2008

With the revision of the Companies Act in 2008 the requirement for certain companies to be audited was removed. A Public Interest Score (PIS) is used to confirm if an Independent Financial Review will suffice. 

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Common Misconceptions

All businesses need to be audited.

An independent financial review can be conducted as an alternative to an audit based on the PIS calculation.

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

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Contact us today to book a consultation to discuss the benefits of our independent review services

Independent Reviews

Independent financial reviews can only be performed by an accounting team not involved in the preparation of the financial statements. The investigation is less rigorous and provides less details than an audit but is more cost-effective.

JHCO will assist in the following way:

JHCO Expert Accounting, Tax and Advisory Firm in Johannesburg

Contact us today to discuss how we can help you!

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