Community Schemes
Committed to your success in today’s complex community scheme environment.
Our specialist audit and assurance services cater to the specific requirements of community schemes and associated industries. Whether the entity has been established for profit or non-profit purposes, whether it be commercial, retail, industrial, mixed use or residential in nature, our experienced team has the expertise to take care of all your property related audit, accounting, tax and secretarial needs.
PKF Octagon understands and complies with all industry specific legislation i.e., the Sectional Titles Act, the Sectional Titles Schemes Management Act and its Regulations, the Community Schemes Ombud Service Act and its Regulations, the Companies Act or individual entity Constitutions and all other relevant legislation that may impact the individual entity.
Our primary focus is on adding value, compliance, consistency and professionalism in the community scheme industry with the preservation and appreciation of property values foremost in mind.
OUR SERVICES:
Accounting
We can assist your community scheme in the preparation of monthly accounting records (including all receivable and payable functions), submission of VAT returns, income tax and payroll services. Additionally, we are able to assist with budget preparation and forecasts, accurate, timely and relevant management reports as well as annual financial statement compilation.
Audit and Assurance
Whether it be a statutory audit or independent review, we help evaluate the effectiveness of your community scheme’s internal controls. These controls are vital to achieving your scheme’s objectives, obtaining reliable financial reporting and preventing the misappropriation of community funds.
We adopt all the latest auditing standards and techniques that enable us to be at the forefront of the latest and most sophisticated auditing trends and compliant with all applicable prescribed community scheme and company legislation.
We’re able to apply analytical procedures to help you identify areas of risk in your community and can perform specific risk assessments for you, giving you the peace-of-mind that your scheme is running the way that it should and that the results produced by your accountants are accurate and present a fair picture of the performance of your operations.
Tax and Secretarial
Tax is an important consideration in the compliance of any community scheme. PKF Octagon attends to all your industry specific tax requirements – including provisional tax, income tax returns and all SARS-related queries and registrations.
The Companies Act requires that statutory books and records be maintained within the parameters of the law. Our service offering includes the formation of private and non-profit companies, maintenance of statutory records, submission of annual returns, amendments to and registration of statutory details and registered office facility.
Our dedicated tax and secretarial departments are available to attend to all of our clients’ requirements with efficiency and in a professional manner.
Consulting
Our experienced team of internal consultants and external partners and associates are ideally placed to guide and support our clients. We have extensive industry reach across key areas such as finance, insurance, legal, maintenance and management.
OUR PARTNERS
- Sectional Title Schemes (residential, commercial, industrial, retail)
- Home and Property Owners Associations (residential, commercial, industrial, retail)
- Lifestyle Estates (golf, equestrian, eco, wildlife, wine)
- Gated Communities and Road Closures
- Retirement Housing Schemes
- Share Block Companies
- City and Business Improvement Districts
- Property Investment Companies and Trusts
- Property Practitioners
- Property Consultants and Service Providers
CONTACT US
Let us help you achieve your property and business ambitions! Contact us today for more information.
Download our Brochure for more Information here.