Constance Kawelenga, Author At Zuva Financial Services |

12 Mar 24

Documents Attorneys Need to Prepare for an Audit

My name is Constance Kawelenga and I am a registered Chartered Accountant and Auditor, and today we’re going to talk about audit preparation for attorneys, and in particular, the documents you want to prepare in order to get ready for an audit. 1. IT3(b) CertificateYou will need to request your…

07 Mar 24

Top 5 Issues Auditors Encounter in Attorney Trust Account Audits (Don’t Make These Mistakes)

My name is Constance Kawelenga and I am a registered Chartered Accountant and Auditor, and today we’re going to talk about the main issues that we as auditors pick up when we audit the trust accounts for attorneys. The trust audit for an attorney is guided by the International Standard…

01 Dec 23

Winding Up Audits for Property Practitioners

My name is Constance Kawelenga and I am a registered Chartered Accountant and Auditor, and today we’re going to talk about winding up audits. To de-register an estate agency firm, the auditor needs to submit the following: Submit a closing/winding-up audit report. What is a “winding up report”? A winding…

01 Dec 23

Property Practitioners: Which Accounting Records Must Be Audited?

My name is Constance Kawelenga and I am a registered Chartered Accountant and Auditor, and today we’re going to talk about audit requirements for property practitioners. According to the Property Practitioner Act, every property practitioner must be audited whether they are operating as a sole proprietorship, a company, a close…

01 Dec 23

Smart Ways AI Is Impacting Accounting Firms

As accountants, we have always had a lot of roles to play in interacting with our clients. Oftentimes we are required to process a lot of information, analyse and interpret it, and then advise our clients. This requires us to exercise different “muscles” including number crunching, precision, and communication. Historically,…

01 Dec 23

Financial Planning Advice Your Accountant Should Give You

In the realm of South African finance, your accountant is a trusted partner, often the first point of contact when seeking financial advice. However, it’s important to understand that while accountants are invaluable when it comes to crunching numbers and tax compliance, they may not always be the ultimate experts…

01 Dec 23

Retirement Planning and Associated Tax Benefits in South Africa

South Africa offers various tax incentives and benefits to encourage its citizens to plan for their retirement. These incentives are designed to promote financial security for individuals in their later years and reduce the burden on the social welfare system. Today, we will explore how the South African government supports…

01 Dec 23

Retirement Planning Advice Your Accountant Should Have Given You

Retirement planning is a critical aspect of financial stability and peace of mind in our later years. In South Africa, where a significant portion of the population faces financial challenges during retirement, it’s essential to start planning early, set clear goals, seek professional guidance, and regularly assess your retirement plan.…

01 Dec 23

8 Rules and Regulations Your Company Must Comply With

Starting a business in South Africa is relatively easy nowadays, but it comes with a complex web of rules and regulations that can seem bewildering to navigate, especially when one is not an accountant. It is good to stay up to date with the various regulatory requirements to avoid penalties…

30 Nov 23

How Do I Register a Business in South Africa?

Starting a business in South Africa has become a relatively easy and quick process, but it comes with its own set of regulations and requirements. The process involves multiple steps and registrations, and it’s important to understand the options available to you. In this article, we’ll explore the various types…