Financial Reporting and Tax Advisory
We deliver audited financial statements, integrated reporting and strategic tax advisory, designed to secure B-BBEE compliance and unlock incentives like Section 12H, while delivering audit-ready, measurable business value.
Why This Matters
We provide audited financial statements, integrated reporting, and tax advisory that ensure compliance across all B-BBEE sector codes. Accurate reporting and strategic tax guidance safeguard your verification, unlock incentives like Section 12H and deliver measurable business value
Why Contact Us
Why Clients Choose Okiru
- "Compliance consultants in Johannesburg who understand my industry” – Practical, sector-specific support instead of generic advice.
- “How to build a transformation strategy that delivers more than just B-BBEE points” – End-to-end planning that drives compliance and business impact.
- “Help designing consumer education and training programmes that really work” – ICPR readiness and education initiatives with measurable outcomes.
- “Looking for a transformation partner in Johannesburg, not just another consultant” – A thinking partner who works side-by-side with your team.
What We Help You With
- “FSCA and FSTC compliance consultants in Johannesburg” – Expert support to prepare, review, and submit compliance documentation.
- “B-BBEE socio-economic development (SED) and Fundisa Retail Fund strategies” – Practical solutions to maximise scorecard impact.
- “Transformation planning services in Johannesburg” – Clear, actionable strategies without jargon.
- “Consumer education programmes and ICPR preparation” – Support to meet regulatory and industry reporting requirements.
- “HR, Ops, and Training capability building” – Upskilling teams to handle compliance and transformation in-house.
- “Audit preparation and compliance reporting support” – Hands-on help with evidence, reporting packs, and impact tracking.
Is This Right for You?
- “B-BBEE compliance solutions tailored to my industry”
- “How do I turn my transformation strategy into measurable results?”
- “Consultants who understand my sector and systems”
- “Help with B-BBEE audit issues or non-compliance flags”
- “Integrated compliance systems that work with my existing architecture”
- “How to ensure my next project is credible, compliant, and audit-ready”
Okiru Offers Specialised Finance for Non-Finance Managers Training designed for your company needs
FAQs
It’s the expert preparation of accurate, compliant accounts and tax submissions that unlock strategic advantages.
Financial reporting involves compiling your company’s financial statements, integrated reports and supporting schedules in line with accounting standards and regulatory requirements. Tax advisory covers the strategic planning and execution of tax obligations—from calculating corporate income tax, VAT and PAYE, to advising on allowable deductions and incentives. Together, these services ensure your business meets Companies Act and SARS obligations, produces information investors and banks can rely on, and maximises available tax allowances. Beyond compliance, proper reporting uncovers insights into profitability, cash flow and operational efficiency. Okiru’s approach goes further: we integrate financial, B‑BBEE and transformation data to demonstrate how your training, procurement and socio‑economic spend translate into scorecard points and long‑term value, turning compliance from an afterthought into a driver of growth.
Most small to mid‑sized businesses complete the process within four to eight weeks; complex groups may need longer.
Timelines depend on the size of your entity, the quality of your bookkeeping and the complexity of your operations. A small company with up‑to‑date records can finalise draft financial statements within two to four weeks of year‑end, allowing time for management review, adjustments and audit. Larger businesses or those preparing consolidated statements, integrated reports or sector‑specific disclosures often need six to twelve weeks. Tax returns follow once the financials are finalised; corporate income tax (ITR14) and provisional tax (IRP6) submissions must comply with SARS deadlines, while VAT and PAYE are typically monthly or bimonthly. Starting early—closing the books promptly, reconciling accounts and gathering documentation—keeps the process on track. Okiru accelerates turnaround by using AI tools to pull data from accounting, banking and payroll systems, reducing manual reconciliation and ensuring all regulatory and B‑BBEE reporting requirements are addressed in parallel.
Fees vary widely; expect R15 000–R50 000 for basic small‑entity engagements, with larger or more complex projects ranging from hundreds of thousands to several million rand.
Costs are influenced by multiple factors: your turnover and number of entities, the accounting framework used (IFRS, IFRS for SMEs, sector charters), the need for group consolidations, the volume of transactions, and whether additional deliverables—such as integrated reports, cash‑flow modelling, tax structuring or B‑BBEE evidence packs—are required. Consultants typically bill on a project or daily‑rate basis. Mid‑level specialists often charge between R12 000 and R20 000 per day, while senior experts may command R30 000–R50 000 or more for complex advisory work. A simple review and submission might cost around R25 000; full outsourcing of your finance function, including monthly management accounts, annual financial statements, tax returns and B‑BBEE reporting, could amount to R300 000–R800 000 depending on size and scope. Investing in professional reporting reduces the risk of SARS penalties or B‑BBEE downgrades and often results in tax savings and improved access to financing that outweigh the cost.
You’ll need complete accounting records, bank and payroll data, tax certificates and evidence of training, procurement and socio‑economic spend.
Preparing reliable financial statements and tax returns requires a comprehensive dataset. At a minimum, provide your general ledger, trial balance, bank statements, credit card statements, supplier and customer invoices, payroll reports, loan schedules and asset registers. Tax work needs PAYE reconciliations, VAT calculations, dividend declarations and withholding tax certificates. For integrated reporting and B‑BBEE verification, you must also submit supporting documentation for skills development, learnerships, bursaries, enterprise and supplier development, socio‑economic development and procurement spend with black‑owned businesses. Employment equity and WSP/ATR data are essential for aligning tax and transformation obligations. Okiru’s AI‑enabled systems automatically capture data from your accounting software, HRIS, CRM and procurement tools, classify transactions according to accounting and tax rules, flag missing information and generate audit‑ready schedules—reducing manual effort and ensuring nothing is overlooked.
AI automates data capture, reduces errors, speeds up reporting and ensures audit‑ready compliance.
Accurate reporting captures your training, procurement and socio‑economic investments, ensuring you claim all available points and tax incentives.
The Skills Development, Enterprise & Supplier Development and Socio‑Economic Development elements of the B‑BBEE scorecard are all measured through spend recorded in your financial statements. If these expenses are misclassified or undocumented, you risk forfeiting points and losing out on grants or tax allowances. Proper financial reporting captures the details of learnership stipends, bursary payments, supplier development loans or grants, and community projects. Tax advisory ensures that you claim incentives such as Section 12H learnership allowances and training rebates, and that your spend is structured efficiently. Integrated reports demonstrate the social and economic impact of your transformation initiatives, strengthening your credentials with clients, investors and regulators. Okiru’s advisory team designs reporting frameworks that align your financial, tax and B‑BBEE data, giving verification agencies clear, audit‑ready evidence and enabling you to optimise both compliance and business outcomes.
