mazars in south africa

MAZARS IN SOUTH AFRICA
Audit, tax and advisory services
COMPANY PROFILE
ABOUT MAZARS
Mazars is an international, integrated, transparent and independent organisation. Globally Mazars specialises in audit,
accountancy, tax, and advisory services.
Locally we have a long history of professional excellence. We provide the same diligent and professional service to
everyone we are engaged with as part of the Mazars Group.
Our commitment to take care of our clients and their businesses is strongly reflected in the loyalty they show us – some
client relationships we have are maintained for over 50 years.
A versatile blend of personal attention coupled with huge resources and experience firmly positions us uniquely in South
Africa. We are a firm with the power and presence to rival the world’s largest accounting firms but have the agility to
respond to our clients’ needs quickly and decisively.
MAZARS: GLOBAL • INTEGRATED • TRUSTED
Audit innovation of the year’ award
2012 and 2013 International Accounting Bulletin (IAB) Awards
A WIDE RANGE OF SERVICES
Transaction services
Assurance
§§Due diligence and transactional
§§Statutory and voluntary audits
support
of financial statements
§§Mergers and Acquisitions
§§Valuations and fair and reasonable
opinions
§§Restructuring and capital raising
§§Listings and IPOs
§§Broad-Based Black Economic
Empowerment (B-BBEE) verification
and consulting
§§Financial modelling and capital raising
HELPING YOU
AT ALL
STAGES
OF YOUR
CORPORATE
DEVELOPMENT
Governance, risk and
control services
§§Internal audit outsourcing and support
§§Risk and performance management
outsourcing and support
§§Governance and Audit Committee
advisory
internal control systems
§§Independent quality assurance reviews
§§Human rights, ethics and
social compliance
Business Rescue services
§§Business rescue viability assessments
§§Comparison of business rescue
vs liquidation
§§Acceptance of appointment as
business rescue practitioner
§§Management or turnaround
specialists
TRANSACTION
SERVICES
CREATION OF
ADDED VALUE
TAXATION
and Technology Advisory (ICTA)
Tax advice
§§Corporate tax and restructuring
§§Indirect tax and international tax
§§Trust and estate planning
§§Partnerships and individuals
§§Public Benefit Organisations (PBOs)
Accounting and financial
support services
§§Annual and monthly accounting
support
§§Analysis and optimisation of
FINANCIAL AUDIT
§§Reviews
§§Special audits
§§Expert opinions
§§Information, Communication
ACCOUNTING AND
FINANCIAL SUPPORT
SERVICES
§§Completion of statutory returns –
VAT, PAYE, income tax
§§Preparation of annual financial
statements
§§Emergency accounting work
§§Training and development of
client’s staff
Outsourcing
§§Wills, trusts and estates
§§Remuneration management or
payroll services
§§Employee benefits
§§Company secretarial services
§§Financial services
§§Retirement fund administration
§§Learning and development
§§Information, Communication
and Technology Advisory (ICTA)
Forensic services
§§Business intelligence (individual
RISK MANAGEMENT
AND INTERNAL
CONTROL
and corporate)
§§Fraud risk assessment and prevention
programmes including hotline services
§§Fraud awareness training
§§Data mining and analysis
§§Fraud investigation, litigation
support and dispute resolution
PRAXITY
Mazars is one of the founding members of Praxity, an International Alliance of Independent Firms created in 2007.
Praxity is present in 84 countries. Through Praxity, Mazars is able to assist its clients in 17 additional countries.
laying the first stones
identity
BIGGEST GROWTH AMONG THE TOP 15 WORLDWIDE ACCOUNTING FIRMS
IAB world survey
Integrated countries
international Presence
serving our Clients
worldwide
13,800
Non-integrated countries: mazars
correspondents and representative offices
europe
mazars coverage
Albania, Austria, belgium, Croatia,
Cyprus, Czech Republic, Denmark,
France, Greece, Germany, hungary,
Ireland, Italy, Luxemburg, malta,
Netherlands, Norway, poland, portugal,
Romania, Russia, Slovakia, Spain,
Sweden, Switzerland, Turkey, Ukraine,
United Kingdom and Channel Islands
(including a representative
office in Gibraltar)
pROFeSSIONALS
72
COUNTRIeS
IN The INTeGRATeD
pARTNeRShIp AS
OF SepTembeR 1, 2013
13
ADDITIONAL COUNTRIeS
WheRe We SeRVe OUR CLIeNTS
ThROUGh OUR CORReSpONDeNT
AGReemeNTS AND
RepReSeNTATIVe OFFICeS
aMerICaS
Argentina, bermuda, brazil,
Canada, Chile, Dutch West Indies,
ecuador, French West Indies, mexico, peru,
United States (including representative
offices in the Cayman Islands),
Uruguay, Venezuela
MIddleeaSt
bahrain, egypt, Kuwait,
Israel, Lebanon, palestine,
Qatar, Saudi Arabia,
Sultanate of Oman,
The United Arab
emirates
aSIa-paCIfIC
Australia, China (mainland
& hong Kong), India, Indonesia,
Japan, malaysia, myanmar,
New Caledonia, pakistan,
Republic of Korea, Singapore,
Tajikistan, Thailand,
Vietnam
afrICa
In 2007, Mazars became one of the founding members
of praxity, an alliance of independent audit and consultancy
firms, which now includes 30,000 professionals in 92 countries.
all members share the same high standards of technical
excellence and uphold the same ethical values in conducting
their professions. as such, the praxity alliance offers Mazars
additional operating capacity via professional teams
in 18 additional countries.
Algeria, Angola, benin, botswana,
Cameroon (including representative
offices in Chad and Democratic
Republic of the Congo),
Congo-brazzaville, Djibouti,
Ghana, Ivory Coast, Kenya, Libya,
madagascar (including representative
offices in the Union of the Comoros),
mauritius, morocco,
Namibia, Nigeria, Senegal,
South Africa,
Tunisia
16 I MaZarS
annual report 2012/2013 I 17
MAZARS THE RIGHT PARTNER TO DRIVE
GROWTH STRATEGIES INTO AFRICA
MAZARS CURRENTLY HAS OFFICES IN 22 AFRICAN COUNTRIES (OVER KEY
ENGLISH AND FRENCH SPEAKING AFRICAN CITIES).
Mazars is represented in 22 African countries providing high quality audit, tax and advisory services to public and private
clients across a variety of sectors and industries.
With more than 2 100 professionals employed across the continent, Mazars presence in Africa is made up of independent
yet integrated practices that are large enough to service international listed clients on a global basis, yet small enough
to help small companies grow and prosper in their own environments.
We have experience in providing professional services to a wide range of clients including listed companies, audits of
regulatory bodies and large private corporates, and have established various divisions that focus on the specific needs
of such clients.
2006
14
AFRICAN OFFICES
2015
22
AFRICAN OFFICES
AFRICA
Algeria, Angola, B enin, Botswana,
Cameroon (including representative
offices in Chad and Democratic
Republic of the Congo),
Congo- Brazzaville, Djibouti,
Ghana, Ivory Coast, Kenya, Libya,
Madagascar (including representative
offices in the Union of the Comoros),
Mauritius, M orocco,
Namibia, Nigeria, Senegal,
South Africa,
Tunisia
Integrated countries
Non-integrated countries: Mazars
correspondents and representative offices
Mazars coverage
MAZARS SOUTH AFRICA
MAZARS, AN INTEGRAL PLAYER IN AUDIT, ACCOUNTING, TAX AND ADVISORY
SERVICES IN SOUTH AFRICA
8
2006
OFFICES
570
STAFF
48
DIRECTORS
4
IN SEPTEMBER 2007
MOORES ROWLAND
INTEGRATED WITH
MAZARS AND
BECAME MAZARS
SOUTH AFRICA
LISTED AUDITS
2015
12
79
OFFICES
DIRECTORS
900
21
STAFF
LISTED AUDITS
Mazars has 12 offices in South Africa with 79 partners and over 900 staff members and is able to provide our clients
with a national service no matter where they are.
SOUTH AFRICA
OVER
900
STAFF
12
OFFICES
•Pretoria
Johannesburg•
Kathu
•
Kimberley•
•
Bloemfontein
Bloemfontein, Cape Town,
Durban, East London,
George, Johannesburg,
Kathu, Kimberley, Paarl,
Plettenberg Bay,
Port Elizabeth,
Pretoria
Durban
•
•East London
Paarl
George
•
Port Elizabeth
•
•
•
•Cape Town
Plettenberg Bay
79
PARTNERS
MAZARS SERVICE OFFERINGS
ASSURANCE SERVICES
Whether you require a statutory audit, voluntary audit or an independent review, Mazars has the knowledge and expertise
to make the process as smooth and efficient as possible. We aim to add value to your business, whilst meeting all of the
regulatory and legal requirements that make the process so complex and demanding.
ADDING VALUE
We believe your audit should be about more than fulfilling regulatory obligations. It’s an opportunity to re-assess your
business, so we make a point of adding value to your audit through lateral thinking and practical commercial insight.
GLOBAL REACH
If your audit requirements extend over national borders we provide an integrated service, deploying cross-border teams
under a single managing partner, ensuring the same levels of service and continuity that you experience locally.
STRONG RELATIONSHIPS
We know that productive relationships grow from clear communication based on honesty and empathy. In the audit
space, consistency is key so that the experiences gained from year to year aren’t lost. At Mazars, we endeavour to keep
your audit team consistent and to manage succession in a responsible way, so that the flow of knowledge is always
seamless.
Whatever your size, wherever you are, we help you meet your legal reporting requirements in a wide variety of sectors,
from small trading companies through to highly regulated industries such as pension funds and medical aid providers.
MAZARS SERVICE OFFERINGS
TAX SERVICES
In an ever-changing environment, Mazars will help you manage your tax affairs in ways that enable you to maximise your
income and profitability whilst ensuring compliance. Navigating this shifting landscape and making sure that you’re not
paying unnecessary tax while remaining fully compliant, should be our problem – not yours.
CORPORATE TAX
Whether you’re a large corporate client or an entrepreneur, you’re focused on what you do best – building your business.
Allow us to help you manage your company’s tax affairs so your business benefits from high operational performance
and legal protection, while ensuring you pay no more tax than you ought to.
INTERNATIONAL TAX
If you are a company with international connections or plans to expand into Africa, talk to us for assistance with your tax
planning. Through our international network, you are assured efficient and smart advice from the best professionals
around the world.
VAT AND OTHER INDIRECT TAXES
Finding VAT to be more complicated than you thought? Our team of experts will guide you through many of the complex
VAT and other indirect tax issues that people face in the daily course of doing business in South Africa.
PRIVATE INDIVIDUALS
For many people, personal tax matters are confusing and the annual tax season is a minefield. We will ensure a tailored
tax service that treats you as an individual.
MAZARS SERVICE OFFERINGS
INFORMATION TECHNOLOGY AUDIT AND ADVISORY SERVICES
Our IT audit specialists will assess your IT systems and identify any areas which require improvement.
We offer the following IT Audit and Assurance services:
§§general control reviews
§§application control reviews
§§Computer Assisted Audit Techniques (CAATS)
§§network discovery and vulnerability assessments
§§web application security assessments
§§configuration assessments
§§IT governance reviews
§§user access reviews
§§project pre, post and implementation reviews
MAZARS SERVICE OFFERINGS
PUBLIC SECTOR
We understand the highly regulated environment in which public sector entities operate and we strive to provide tailormade, value-added advisory solutions to ensure you remain compliant, relevant and effective.
You will be pleased to know we have been a service provider to the Auditor-General of South Africa for both contract out
and contract in audits and quality control for several years. Through this experience, we have gained a deep understanding
of the financial and control practices required to bring about resourceful and efficient use of funds. We also facilitate
seminars, training and information sessions with the Auditor-General and the public sector.
As a conscientious corporate citizen, we endeavour to work with all spheres of government, as well as parastatals and
public entities, to help meet the complex challenges you face by bringing about best practices, stimulating collaboration
and transferring skills where necessary to enhance performance and delivery
MAZARS SERVICE OFFERINGS
ADVISORY SERVICES
In today’s business environment you need to react to opportunities and threats faster than ever before, while
simultaneously implementing long-term strategies for future success. Whether you’re pursuing new opportunities,
dealing with challenges or managing the daily pressures of running your business, our diverse team of experienced
professionals can help you find solutions.
We can:
§§facilitate business growth
§§support and protect your business by helping you with corporate governance and compliance
§§improve your business’ performance through advice and consulting
§§help ensure you have the right processes in place
§§help mitigate against the risk of unforeseen events
Whatever the development stage of your business, Mazars will help you manage all the support functions needed to
grow your business, whilst you focus on continuing to deliver the products and services that enhance profitability and
shareholder value.
Our range of advisory services comprises:
§§transaction and forensic services
§§business rescue services
§§financial services
§§learning & development
§§strategic planning
§§broad based black economic empowerment
§§IFRS consulting
§§corporate finance
§§risk management
§§renewable energy services
§§human resources
§§accounting and outsourcing services
§§human rights and social compliance services
To assist you in making better use of your resources, we offer the following outsourced services:
§§internal audit
§§company secretarial
§§remuneration services and employee benefits
MAZARS SERVICE OFFERINGS
ACCOUNTING SERVICES
Staying on top of accounting is a challenge for businesses caught up in the daily priorities of running a business.
Let us help you so you don’t fall behind.
We offer a comprehensive, one-stop business accounting service, including monthly bookkeeping, submission of
statutory returns and management accounts.
We tailor our service to suit your requirements. If you’ve tried to do it yourself, have fallen behind, and a tax deadline is
imminent, we can step in to update your accounting records, produce a set of financial statements and make sure you
meet your immediate regulatory and tax deadlines.
MAZARS NATIONAL EXECUTIVES
Hilton Saven
National Chairman
Kariem Hoosain
Chief Operating Officer
[email protected]
[email protected]
Cobus Kritzinger
Managing Director
Mazars Bloemfontein, Kathu
and Kimberley
Michelle Olckers
Managing Director
Mazars Cape Town
and Paarl
Dave Bates
Managing Director
Mazars Durban
Tony Balshaw
Managing Director
Mazars East London
[email protected]
Andrew Jeffery
Managing Director
Mazars George
and Plettenberg Bay
Anoop Ninan
Managing Director
Mazars Johannesburg
Leon Fourie
Managing Director
Mazars Port Elizabeth
Andre Kretzchmar
Co-Managing Director
Mazars Pretoria
Sanjay Ranchhoojee
Co-Managing Director
Mazars Pretoria
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
Mazars is present in 5 continents.
CONTACTS
Bloemfontein
Tel. +27 51 400 0500
[email protected]
George
Tel. +27 44 874 5022
[email protected]
Paarl
Tel. +27 21 871 1474
[email protected]
Cape Town
Tel. +27 21 818 5000
[email protected]
Johannesburg
Tel. +27 11 547 4000
[email protected]
Plettenberg Bay
Tel. +27 44 533 0510
[email protected]
Durban
Tel. +27 31 818 9000
[email protected]
Kathu
Tel. +27 53 723 1772
[email protected]
Port Elizabeth
Tel. +27 41 501 9700
[email protected]
East London
Tel. +27 43 726 9898
[email protected]
Kimberley
Tel. +27 53 831 5490
[email protected]
Pretoria
Tel. +27 12 347 3820
[email protected]
Mazars is an international, integrated and independent organisation, specialising in audit, accounting, tax
and advisory services across a range of markets and sectors.
In South Africa, Mazars employs over 900 staff in 12 offices nationally. With the skills of 13 800 staff
operating in 72 countries, we’re big enough to service international listed clients, yet small enough to
help small companies grow and prosper in their own environments.
Mazars is represented in 22 African countries.
registered auditor
– a firm of chartered accountants(sa)
AUDIT • TAX • ADVISORY
Detailed information available on www.mazars.co.za
Contact your nearest Mazars office on 0861 MAZARS