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Comprehensive accounting, tax, and audit services designed around your unique goals.
Your Trusted Partner in Financial Success.
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Why Choose Us?
About Us
At PFM Accountants (Pty) Ltd, we provide comprehensive financial solutions tailored to the unique needs of small to medium businesses and individuals. Our expertise spans across auditing, accounting, taxation, and secretarial services, ensuring you receive holistic support to drive business growth and maintain compliance.
Our directors and staff follow a hands-on approach and adjust to our different clients’ needs in line with our Mission and Vision Statements.
Assurance Services
Accounting Services
Taxation Services
Secretarial Services
Professional Affiliates
Precision. Integrity. Growth.
Expert accounting, auditing, and tax solutions that empower you to make smarter financial decisions and build lasting success.
FAQ
Frequently asked questions
Explore answers to frequently asked questions about all your auditing, accounting, taxation, and secretarial needs.
What is the difference between an external audit, internal audit, and independent review?
An external audit is an independent examination of your company’s financial statements, conducted in accordance with the International Standards on Auditing (ISA) and the Companies Act of South Africa (Act 71 of 2008). It provides assurance to shareholders and stakeholders that your financials are fair and accurate.
An internal audit, guided by the Institute of Internal Auditors South Africa (IIA SA), focuses on improving internal controls, risk management, and governance processes.
An independent review, which is less intensive than a full audit, is suitable for smaller companies and is conducted according to the International Standard on Review Engagements (ISRE 2400).
Do all South African companies need to submit audited financial statements?
No. Under the Companies Act, not all entities are required to have audited financial statements. The requirement depends on your Public Interest Score (PIS). Companies with a high PIS or those required by their Memorandum of Incorporation (MOI) must undergo an audit. Others may only require an independent review. PFM Accountants can help determine your company’s audit requirement and ensure compliance with CIPC and SAICA guidelines.
What taxes do South African businesses need to register and file for?
Businesses operating in South Africa must comply with SARS (South African Revenue Service) tax requirements. These may include:
Income Tax (for both companies and individuals)
Value-Added Tax (VAT) for entities with taxable turnover above R1 million per year
PAYE (Pay-As-You-Earn) for employee income tax
Provisional Tax (biannual submissions for companies and self-employed individuals)
PFM Accountants assists with registration, tax returns, and compliance to ensure full adherence to SARS laws and deadlines.
What is a Tax Clearance Certificate and why is it important?
A Tax Clearance Certificate (TCC) or Tax Compliance Status (TCS) from SARS confirms that your business’s tax affairs are up to date. It is essential when applying for tenders, government contracts, funding, or business loans, and when doing business with corporate entities. PFM Accountants helps clients apply for and maintain valid tax compliance status through proactive tax management and planning.
What company secretarial services are required by law in South Africa?
Every registered business must stay compliant with CIPC (Companies and Intellectual Property Commission) requirements. This includes:
Filing annual returns
Maintaining an updated register of directors and shareholders
Filing beneficial ownership information
Updating company details (e.g. registered address or director changes)
PFM Accountants offers a full range of CIPC secretarial services to ensure your business remains compliant, avoiding penalties or deregistration.