Our Services
Due to principals of accuracy and accountability, Nsele and Associates Consulting is a trusted accounting and financial reporting services provider. The aforementioned services extend to:
- Transaction Processing
- Complete Bank Reconciliation
- Accounts Receivable Maintenance
- Fixed Asset Maintenance
- Depreciation Schedules Maintenance
- Accounts Payable Maintenance
- Appointed Accounting Officers in statutory capacity of CC’s
- Monthly compilation and maintenance of computerized accounting records
- Monthly Management and Financial Reporting
- Preparation of Interim and Annual Financial Statements
- Payroll and Human Resource Administration
- Loan Amortisation
- Deposit Processing
- General Ledger Maintenance
- Account Reconciliation
Tax Services
The Nsele and Associates Consulting team is furnished with experts who are tasked to deal with intricate tax issues and achieve accurate results timeously. Our tax services are:
- Tax planning
- Individuals Tax
- Company Income Tax and Provisional Tax
- Value Added Tax
- Estate Duty
- Taxation of Trusts
- Payroll Taxes
BUSINESS ADVISORY
Nsele and Associates Consulting advisory services provide accurate, meaningful, unbiased and objective information. Our reputation, quality and independence provide third party credibility and confidence to lenders and investors.
We offer audit and advisory services for Privately-Held Businesses and Non-profit Organizations as follows:
INTERNAL AUDIT
The Firm provides internal audit services that conform to the International Standards for the Professional Practice of Internal Auditing (Standards):
Assurance services: which involve the internal auditor’s objective assessment of evidence to provide opinions or conclusions regarding an entity, operation, function, process, system, or other subject matters.
Consulting services: which are advisory in nature and are generally performed at the specific request of an engagement client
PERFORMANCE AUDIT SERVICES
Our Performance audit services are offered on Ad hoc basis based on indications or risks for performance weaknesses or problems the performance of undertakings; policy; programmes; organisations; activities and management systems. Our Performance Audit Service offering tasks us with the responsibility to assess the economy, efficiency and effectiveness of business undertakings, and whether there is room for improvement.
INDEPENDENT REVIEWS
An independent view of your accounting processes is often necessary when changes in regulatory standards, financial reporting requirements, trade laws, and the move toward global IFRS adoption initiate a need for review. The Firm will make recommendations and provide clarity on how accounting changes impact your tax compliance and reporting platforms.
Our Independent Review services are limited assurance engagements where we perform primarily inquiry and analytical procedures to gain sufficient evidence as the basis for a conclusion on the financial statements. These reviews conform to the requirements of ISRE 2400 (Revised).
BUSINESS CONSULTING SERVICES
RISK MANAGEMENT AND INTERNAL CONTROLS
Internal control systems are a priority in businesses these days, because they can increase shareholder value. We assist our clients in the following areas:
• Development and implementation of a risk management framework
• Risk assessment, workshops and preparation of risk register
• Evaluating existing controls within the organisation and offering improvement support where it is necessary.
• Assessing the overall control environment, including key business intelligence systems.
• Assessment of any significant deficiencies in accounting systems or personnel and how best to implement improvements
• Assisting with the migration processes from old to new system in order to test the integrity of new or revised systems
• Addressing material deficiencies detected by external auditors, and the design of a corrective timetable
• Setting of objectives – objectives are very important for management before and events affecting their achievement can be identified. Risk management assures that management has a process to set objectives in place and that the identified objectives coordinate with the entity’s mission
• Event identification – there are many events that might have an impact on the company. This involves analysing possible events from internal and external sources that affect the attainment of objectives
• Control activities – Policies and procedures are established and executed to help ensure the risk responses management selects are effectively carried out
ASSET MANAGEMENT
Our Asset Management services are intentionally focused on helping clients achieve their objectives and to determine the optimal blend of activities based on these objectives. We help our clients in managing moveable and Immoveable assets by:
• Conducting asset varication for completeness and existence of assets
• Performing Assets register reconciliations
• Developing Asset Management Policy and procedures Manuals
• Loss Control Policy and Procedures Manuals
• Fleet Management
• Insurance
• Preventative repairs and maintenance management
SECRETARIAL SERVICE
Nsele and Associates Consulting Secretarial Service is packaged to ensure that our clients comply with the national legislative requirements. These services are inclusive of:
- Name reservation and registrations of Companies with CIPC
- Appointment as company secretary
- VAT vendor registrations
- Individual and Company tax, PAYE, UIF and SDL registrations
- Workmen’s compensation registration
- Appointment of New Directors
- Appointment of New Members
- Company and CC conversions
- Changing company and CC names
Nsele and Associates Skills Development
Nsele and Associates Consulting (NSD) is conscious of the national economic landscape; and as such, we are eager to extend the scope of our impact to driving education-based initiatives that are people centred and premised on upliftment by establishing our Nsele and Associates Skills Developments division.
Nsele and Associates Skills Developments delivers training and skills development to small businesses and individuals. We endeavour to empower entrepreneurs; coach and mentor small business owners and individuals; and provide short courses and training programmes and learnerships. Nsele and Associates Skills Developments through joint venture agreement partnerships with various accredited training providers offers accredited programmes.
LEARNERSHIPS
Nsele and Associates Skills Developments offers learnerships that are structured programmes in which a learner engages in theoretical and practical learning. This leads to an occupational related qualification registered on the National Qualification Framework (NQF) with the South African Qualifications Authority (SAQA). Nsele and Associates Skills Developments is accredited with Services SETA to provide various accredited and non-accredited courses.
SHORT COURSES AND SKILLS PROGRAMMES
Short courses are dynamic training programmes particularly associated with ‘just in time’, and ‘just enough’ learning to meet a specific need in workplace environments. As Nsele and Associates Skills Developments we pride ourselves in being accredited with Sage South Africa as the Authorized Training Centre to provide unit standard aligned training courses that includes:
- Sage 50 cloud Pastel Partner
- Sage 50 cloud Pastel Xpress
- Sage Business Cloud Accounting
- Sage Business Cloud Payroll.
Nsele and Associates Skills Developments is partnered with Finance and Accounting Services Sector Education and Training Authority (FASSET) to host and mentor unemployed university graduates for a minimum of 12 months period for various skills programme which comprise of a work skill component aligned to a unit standard.
COMPLIANCE-RELATED TRAINING
Our Skills and Developments team guides and informs trainees on the laws and regulations pertaining to their industry or specific job function, ensuring a safe working environment.
The scope of our compliance related training courses and programmes includes:
- Bookkeeping Course
- Payroll Administration and Human Resources (HR) Course
- Business Financial Management Course
- Taxation Laws Course
- Enterprise and Supplier development Training Programmes