10 Best Accounting Firms in Somerset West
Are you looking for the best accounting firms in Somerset West?
Auro Professional Somerset West
Trusted Family Wealth Office
About our accounting firm:
We consider our firm to be so much more than your everyday accounting firm.
We pride ourselves with excellent service and continuity. Our focus is on the co-ordination of the various elements of your wealth structures for optimal efficiency and maximum simplicity. We believe it is vitally important that the interaction between the relevant elements of wealth, risk and taxation planning be constantly evaluated to ensure optimal structures and succession planning.
NIEL DU PLESSIS
Niel has over 10 years’ experience working as chief financial officer and operations executive in the manufacturing and information technology sectors. This contributed to a very practical understanding of the financial, fiduciary and administrative aspects within business and also the operational aspects associated with manufacturing, from supply chain to production management on an international scale.
He also has vast experience from working within the corporate advisory environment providing services to entities ranging from listed companies to individual enterprises. Services ranged from tax consulting, corporate governance, transaction structuring, auditing, accounting, family business structuring, black economic empowerment, human resource management and various training and development initiatives on socio-economic and financial aspects.
Niel is a Chartered Accountant (CA (SA)), Trust and Estate Practitioner (TEP) and registered tax practitioner.
T: +27 21 879 3100 | C: +27 76 881 0441 | E: info@auroprofessional.com | W: www.auroprofessional.com
AGRICULTURAL SECTOR
Agricultural business is not merely another sector we crunch numbers for, it is part of our very makeup.
Some of our team members come from farming families. Specifically, our director, Niel du Plessis grew up on a diverse operational farm and is still involved in the running of various agricultural businesses. If you combine this real-life farming experience with our sophisticated level of financial and accounting knowledge you have the perfect team to walk with you as your operation grows.
Legacy
We put great value in the fact that your agricultural business could be new or have a rich history. Generations have been and will be involved in the years to come. As a farming business you not only need to provide food for the world, but you need to put food on your own table. We therefore become invested in your past, review your current situation, and help you to make plans and goals for the future generations to come. We believe it is vitally important that the interaction between the relevant elements of wealth, risk and taxation planning be constantly evaluated to ensure optimal structures and succession planning.
Adaptation
In agriculture you must be open to adapt and evolve with all the constant changes in methodology, technology, economy, competition, laws and taxes. There are so many more elements that affect your business daily, like the weather, availability and cost of equipment and changes within your family. We pride ourselves in being on top of the game to adapt your processes with your ever-changing business.
An agricultural business has unique needs, and we believe that Auro Professional has the necessary background and skills to understand and appreciate the business that you are in.
Contact Auro Professional today to receive more information about our accounting firm services in Somerset West.
T: +27 21 879 3100 | C: +27 76 881 0441 | E: info@auroprofessional.com | W: www.auroprofessional.com
1. AURO PROFESSIONAL
We consider our firm to be so much more than your everyday accounting firm.
We pride ourselves with excellent service and continuity. Our focus is on the co-ordination of the various elements of your wealth structures for optimal efficiency and maximum simplicity. We believe it is vitally important that the interaction between the relevant elements of wealth, risk and taxation planning be constantly evaluated to ensure optimal structures and succession planning.
The family wealth office is the one stop shop where the administrative, accounting, wealth, taxation and risk aspects of a family’s wealth and business affairs are managed collectively and holistically. This is achieved through interaction with existing service suppliers or the introduction of new service suppliers, but always coordinated with the family’s bigger wealth picture in mind.
But is this coordination necessary? Based upon my experience, it is a prerequisite! Consider the following pitfalls that are regularly encountered:
- Accounting records are haphazard and unclear
- Minutes of meetings are not kept or do not express the decisions that are taken and implemented
- Wills are not signed correctly and are not accessible when needed or are contradictory to the testators wishes
- Insufficient (or sometimes excessive) insurance cover for critical events
- Non-compliance with Companies Act, Trust Property Control Act, Income Tax Act and other legislation
- Inefficient tax planning and misalignment between the different elements of tax. Here the low levels of planning surrounding balance sheet tax is especially prevalent.
- Poor communication between family members and no common goal alignment
- Insufficient or lack of succession planning
A family’s wealth is just like a business, and needs to be managed as such. That being said, many businesses only perform as well as they are managed, this is where the opportunity and value contribution lies!
Our family wealth office specialises in the effective management and holistic coordination of family wealth. We work in conjunction with your existing service providers or manage the various elements of the family office internally based upon the specific circumstances of the client.
2. THE TAX SHOP
The Tax Shop is a franchise group established throughoutSouth Africa, offering high quality financial services to individuals and corporates. We have been actively trading since January 2007.
A vast range of professional services which are quick, convenient and at the lowest cost to our clients. Our full range of services are listed to the right.
We provide integrated financial services at very low cost to employers. Our full range of associated services cover all requirements of any business which means that you will never need to shop around again for alternative service providers.
3. THERON DU PLESSIS
Theron du Plessis Helderberg is based in Somerset West, Tulbagh and Port Elizabeth and we offer a comprehensive range of financial services to our client base.
Our roots go back to 1976, when Theron du Plessis (TDP) was founded by Willem Theron as a single partner office and has since grown to a company associated with nine independent offices throughout the Western, Eastern and Northern Cape Provinces. In 1998 Theron du Plessis co-founded PSG Consult with Willem Theron being the current chairman of this international Insurance and Investment Group whose services are available to our clients.
During May 2003 Theron du Plessis Helderberg/Somerset West opened its offices and has subsequently grown from a single partner practice to a three partner branch servicing clients in various sectors of the economy.
Theron du Plessis Tulbagh opened it’s doors during July 2015 servicing our growing demand in the Boland area.
Theron du Plessis Port Elizabeth started during February 2020 after a successful partnership was concluded with our team in the Friendly City.
Our Clients are situated in all provinces of South Africa, with a few international clients as well.
4. HGG
Every individual and business owner want to know the state of affairs regarding their financial statements and also want to maintain a good relationship with the South African Revenue Service (SARS). HGG Professional Accountants are the experts to assist you with this.
From our offices in Somerset West, Durbanville and Paarl we focus on providing accounting, auditing and tax consulting services to a wide variety of clients.
Accounting and auditing services
The following accounting and auditing services are offered:
- Preparation of financial statements;
- Finalisation of books to trial balance stage;
- Maintenance of ledgers (debtors, creditors and nominal);
- Monthly or annual bookkeeping services, using original/source documents;
- Final appropriations;
- Completion and submission of forms for VAT, PAYE, UIF, skills development and for the compensation commissioner;
- Monthly management statements;
- External and internal company audits in conjunction with chartered accountants;
- Submission of Estate Agency Affairs Board (EAAB) reports;
- Registration and submission of Compensation for Occupational Injuries and Diseases Act;
- Cape Law Society and Financial Services Board audits, and
- Payroll administration.
BRANDING & WEB DESIGN
I am a Front End Developer and Solutions Expert(MCSE) who became a digital marketer and strategist. I love to create success for people by transforming their online business. If you are starting a business please give me a call (+27 (0) 81 387 0626) or send an email contact me or read more about me here.
