What is an Accounting Firm?
An accounting firm is a group of accounting professionals that provides clients with financial management services.
These services could include auditing, tax preparation and planning, payroll processing, bookkeeping, and advisory services.
Top Accounting Firms In South Africa
1. Mazars
Mazars is an international, integrated, and independent organization, specializing in audit, accounting, tax, and advisory services across a range of markets and sectors. Mazars is present on 6 continents and represented in 21 integrated African countries and 6 correspondent African countries.
They provide a comprehensive and flexible range of services to our clients, specializing in audit, accountancy, advisory, tax, and legal services. Their integrated approach is designed to leverage a global talent pool and serve organizations of all sizes, from privately owned businesses to the largest multinational corporations.
2. Moore Stephens
Moore South Africa is one of the top mid-tier accountancy and consultancy networks on the African continent.
Managing audits and dealing with multi-jurisdictional tax matters for multi-national operations is the core of their business. They also support entrepreneurs, high-net-worth individuals, and SMEs in all aspects of their audit, financial, tax, and business advisory requirements.
3. PKF
PKF has a proud history of over 90 years in South Africa. It is one of the largest mid-tier accounting firms in South Africa providing high-quality audit, accounting, tax, and business advisory solutions.
PKF provides services to many different organizations – large and small, both in the private and public sectors – so, whatever your needs, PKF has the right expertise for you.
They understand the challenges you face and the importance of clear decisions and a flexible approach in a complex and ever-changing environment. They will help you to find the right solutions, quickly and effectively.
4. BDO
BDO South Africa is a leading mid-size professional service firm in South Africa. As a member firm of BDO- the world’s 5th largest accountancy network, BDO South Africa is capable of competing with larger firms but is still small enough to care.
The company describes itself as agile, innovative, and dynamic. They are able to adapt to their client’s particular needs. BDO South Africa provides solutions that are practical and workable.
Their clients experience a distinctive level of service, built on exceptional relationships and a deep understanding of their business.
5. PR Niven & Company
PR Niven & Company is a full-service accounting firm in South Africa, dedicated to providing specialized accounting, auditing, consulting, and tax services for small to medium-sized businesses.
Founded on the principles of sound and credible financial practices, their experienced and professional team of chartered accountants and registered auditors strive to provide the highest level of integrity and professional advice to ensure their clients’ financial well-being.
Over the years, the firm has advanced from being a traditional accounting practice to now offering various specialized accounting services.
6. Otonda Chartered Accountants
Otonda Chartered Accountants have been operating for over four years and have gained valuable experience in servicing businesses across different industries
They focus on delivering quality service within the agreed time frames to ensure that our clients receive information that is helpful in decision-making when it matters most.
- Accounting Services: Bookkeeping services, Management accounts, Annual Financial Statements compilation
- Tax services: Income tax submission, VAT returns submission, PAYE and VAT registration services, Debt payment arrangement
- Advisory services
How long does it take to become a qualified chartered accountant in South Africa?
During your training, you must pass two qualifying examinations: the Initial Test of Competence (ITC) and the Assessment of Professional Competence (APC).
If you pass everything the first time, the entire qualification process takes about seven years from the time you enter university.
Who earns more financial or management accountants?
Managerial accountants, however, generally prepare their reports for internal audiences. Managerial accountants typically command higher salaries than financial accountants.