Advisory and Other Services
Our Advisory team is structured to provide a broad range of specialist services, backed by years of experience and expertise
Due Diligence on Businesses
When you are buying a business, you will need to conduct due diligence to investigate all aspects of it before you make a binding decision to buy. Due diligence involves taking reasonable steps to make sure that you are not making risky or poor decisions, paying too much or breaking any regulations or rules. When purchasing a business, you are responsible for assessing the business thoroughly to confirm that it is as ethical, compliant and profitable as claimed.
Business Valuations
If you are wanting to add a new business partner or investor, you will need to know what the value of your company is in order to know what you can afford to sell a share of your business for. If you are wanting to sell your business altogether, you will need to assess the value and on top of that the Capital Gains Tax due to SARS will need to be calculated. By knowing the value of your company, you can sell part of your business whilst retaining control and availing you to some needed cash injection.
Financial Modelling
An effective and flexible financial model can assist you in identifying key assumptions and variables affecting your business and allow you to assess various different scenarios, ensuring key decisions are based on an understanding of the consequences. Specialist sectors require specialist knowledge, particularly in areas such as property and sustainable technology, where financial modelling can be extremely complex. For any business seeking to prepare or validate a business plan, seek external finance or expand into new markets, robust forward planning is essential to identify and alleviate potential risk.
IFRS Reporting
A related need is for preparers, auditors, accountants and regulatory authorities to interpret and apply IFRS appropriately and consistently. This common language encourages and enables cross border investment by lowering the cost of capital and reducing barriers.
GAAP Reporting
GAAP compliance makes the financial reporting process transparent and standardizes assumptions, terminology, definitions, and methods. External parties can easily compare financial statements issued by GAAP-compliant entities and safely assume consistency, which allows for quick and accurate cross-company comparisons. GAAP standards deliver transparency and continuity, they enable investors and stakeholders to make sound, evidence-based decisions. The consistency of GAAP compliance also allows companies to more easily evaluate strategic business options.
Data Analytics and Business Intelligence Reporting
To achieve that goal, DNM incorporates a combination of analytics, data management and reporting tools, plus various methodologies for managing and analyzing data. The ultimate goal of DNM initiatives is to drive better business decisions that enable organizations to increase revenue, improve operational efficiency and gain competitive advantages over business rivals.
Company Secretarial services
Our company secretarial practice, together with our corporate and commercial department, strives to offer an all-inclusive, integrated approach to corporate governance, compliance and secretarial services. We assist our clients by providing legal advice affecting their day-to-day operations, and support them in developing and implementing practical solutions in order to enhance shareholder value, organizational compliance and risk management.
Financial Literacy and other Training
Any financial literacy strategy will need to be sound in order to see a return on the investment. Business leaders looking to explore any new ideas like this have to be confident they are doing the right thing. Developing strategic partnerships in order to effectively implement employee financial education can make the difference between success and failure.
Independent Reviews of Financial Statements
Our Independent review services are performed to the highest ethical standards, and a commitment to confidentiality, independence and impartiality. Our rigorous quality standards ensure we are fully compliant with all regulation governing external audits. In addition to our obligations as a company’s statutory auditor in the auditing of financial statements and consolidated accounts, we provide independent review services, drafting and compiling of financial statements in accordance to the appropriate reporting IFRS standards.
Internal Control Assessments and enhancements thereof
Internal Controls are to be an integral part of any organization's financial and business policies and procedures. Internal controls consists of all the measures taken by the organization for the purpose of; (1) protecting its resources against waste, fraud, and inefficiency; (2) ensuring accuracy and reliability in accounting and operating data; (3) securing compliance with the policies of the organization; and (4) evaluating the level of performance in all organizational units of the organization. Internal controls are simply good business practices.
Preparing of Business Plans
If you are starting a new business, your business plan will help you get your idea off the ground. It will give you an opportunity to consider what goals are realistic and achievable and help you identify what you can do within your budget. Your plan will be a guide to making your idea a reality. It is a key document for investors, banks and venture capitalists.
Cash Flow Forecasting
Cash flow forecasting involves estimating your future sales and expenses. A cash flow forecast is a vital tool for your business because it will tell you if you'll have enough cash to run the business or expand it. It will also show you when more cash is going out of the business than coming in.