Community Schemes
Your Trusted Partner in a Complex Community Scheme Landscape
Navigating the unique requirements of community schemes requires a partner with specialised expertise. PKF Octagon offers tailored audit and assurance services for community schemes across sectors—whether commercial, retail, industrial, mixed-use, or residential. Our experienced team provides comprehensive support for all your audit, accounting, tax, and secretarial needs, ensuring compliance with industry-specific regulations and adding value to your property management.
How we make it happen
Expertise in Industry-Specific Legislation - We understand and comply with essential legislation governing community schemes, including the Sectional Titles Act, Sectional Titles Schemes Management Act, Community Schemes Ombud Service Act, Companies Act, and other applicable regulations. Our expertise ensures your entity remains compliant and up-to-date with the latest legal requirements.
Tailored Solutions for Profit and Non-Profit Entities - Whether your scheme operates as a for-profit or non-profit, our team provides customised services to meet your unique needs. From residential to commercial and mixed-use schemes, we deliver professional support that aligns with your property management objectives.
Focus on Value Preservation and Compliance - Our primary focus is on preserving property values, ensuring compliance, and delivering consistent, professional service. We partner with you to maintain high standards within your community scheme, safeguarding the long-term value and integrity of your property investments.
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
Our Offering
PKF Octagon provides a full range of specialised services tailored to the unique needs of community schemes, ensuring compliance, efficiency, and long-term success. Our offerings cover all key aspects of accounting, audit and assurance, tax, secretarial, and consulting services to support both profit and non-profit schemes.
Accounting
Our accounting services ensure your community scheme’s financial health and transparency:
- Preparation of monthly accounting records, including receivables and payables
- VAT returns, income tax submissions, and payroll services
- Budget preparation, financial forecasting, and management reports
- Compilation of annual financial statements for clear and accurate reporting
Audit and Assurance
Our audit and assurance services are designed to evaluate and enhance your community scheme’s internal controls, ensuring accurate financial reporting and safeguarding community funds:
- Statutory audits and independent reviews tailored to your scheme’s needs
- Adoption of the latest auditing standards and techniques for compliance and precision
- Analytical procedures to identify potential risks within the community
- Specific risk assessments for operational transparency and financial reliability
Tax and Secretarial
Our tax and secretarial services help maintain compliance with tax laws and corporate governance requirements:
- Comprehensive tax services, including provisional tax, income tax returns, and SARS-related assistance
- Maintenance of statutory records, company formation, annual return submissions, and registered office facilities
- Efficient and professional support for all tax and secretarial matters, ensuring seamless compliance
Consulting
Our consulting services leverage extensive industry expertise to offer comprehensive guidance in all critical areas:
- Expert support across finance, insurance, legal, maintenance, and management
- Access to a team of internal consultants and external partners to address specific needs
- Customised consulting solutions for proactive and effective community scheme management
