Those charged with governance: On the basis of information management will provide, we will compile the financial position of the company and related statements of income and cash flows for the year then ended in accordance with IFRS for SMEs.
Our responsibilities: We will perform the compilation engagement in accordance with ISRS 4410 and comply with relevant ethical requirements, including integrity, objectivity, professional competence and due care. A compilation engagement does not include an audit opinion or review conclusion.
Reporting: We will issue our report attached to the compiled financial statements. The statements and report are intended for the directors and for the purpose set out in the engagement letter.
Responsibilities of management: Management remains responsible for the business, accounting records, internal controls, the safeguarding of assets, the selection of appropriate accounting policies, and for providing complete and accurate information and unrestricted access to relevant persons.
Use of our compilation report: The compiled information is intended for complying with applicable Acts and your entityβs reporting obligations. Any separate offering work or third-party reporting will require separate agreement and prior written consent.
Taxation services: You have requested assistance with the preparation and submission of returns to SARS, extensions where needed, responses to queries, corrections of assessments, and objections where considered necessary.
Third party rights and electronic communications: The service contract does not create third-party rights. Where electronic communication is used, you accept the inherent risks of interception, loss, corruption, and delays.
Ownership of files and software: Working papers, files, methodologies, and software tools created during the engagement remain the sole property of JRB Accounting Solutions unless otherwise agreed in writing.
Applicable law, timetable and fees: The engagement is governed by South African law. Work timetables depend on timely cooperation and information from your side. Fees, disbursements and VAT are payable on presentation and may vary based on scope, urgency, and complexity.
Quality of service, liability and arbitration: We aim to deliver services with reasonable skill and care. Any limitations of liability, disputes, or arbitration are governed by the standard engagement terms.