What We Do - Auditing
Audits
As qualified and registered auditors, we conduct internal and external audits, as well as independent reviews.
Outsourced internal audits
Internal audit is a core element of the governance process. You may or may not have a chief audit manager. As part of our outsourced service, we draw on our skills to provide independent assurance on critical business processes.
Quality assessment reviews
We perform a comprehensive review of the overall effectiveness of your internal audit function. This typically includes compliance with professional standards; the effectiveness and efficiency of function activities; organisation, resource and skill capabilities; evaluation of stakeholder needs and fulfilment of those needs; and the identification of strengths and improvement opportunities that strategically position the internal audit function for ongoing success.
Co-sourced internal audits
We assist your in-house internal audit team with the execution of their internal audit plans. This may include taking over the internal audit function if your company does not have its own internal audit capability.function for ongoing success.
Audit function
Thole Chartered Accountants will develop a three-year audit plan and assist you with the execution thereof. We assess your current business processes to identify areas of improvement; identify accounting and control weaknesses; and make recommendations to improve the accounting and control environment.
Risk Management Service
Thole Chartered Accountants will assist you with risk management services to minimise the risk of fraudulent conduct and theft. We host risk assessment workshops using risk assessment techniques and measurements; do risk appetite analysis; and design efficient and professional risk management registers and risk policies.
External audits
Thole CA performs external audits in accordance with specific regulations as they apply to a company, government entity, legal entity, or organisation. We provide a high level of assurance.
Independent reviews
Independent reviews provide limited assurance and are less detailed than an audit. We will advise you if your business needs an independent review and arrange for the review to take place.
Financial controls
Financial controls play an important role in ensuring the accuracy of reporting. They eliminate fraud and protect your organisation’s resources, both physical and intangible. These internal control procedures reduce process variation, leading to more predictable outcomes. Thole CA develops sound internal financial control processes and systems. We draft policies and procedure manuals for SMMEs.
Consequence management
It is important to identify and investigate irregular, fruitless and wasteful, unauthorised expenditure and possible material irregularities to determine if disciplinary steps need to be taken against liable officials. Thole CA ensures these investigations are properly and effectively conducted.