Financial Statements

Numbers you can
actually use.

Financial statements aren’t just something your accountant prepares because the law says so.

They tell a story about your business — where money came from, where it went, how you’re performing and what might need your attention.

Numberwize prepares clear, accurate financial information that helps you meet your obligations and make more informed decisions

Financial Reporting with confidence:

Services

Financial Statements

Annual Financial Statements

Professional compilation of annual financial statements for companies, trusts and other entities, in accordance with the applicable reporting framework.

Independent Reviews

Where an independent review is required, we provide the appropriate engagement to help meet your reporting obligations.

Management Accounts

Don’t wait until year-end to discover what’s happening in your business. Regular management accounts can help you understand profitability, cash flow and performance while there’s still time to act.

Audit Support

We help prepare your accounting records, reconciliations and supporting schedules so that your external audit process can run as smoothly as possible.

Financial Reporting

Need financial information for a bank, investor, shareholder or internal planning? We prepare clear reports designed around the information you need.

Frequently Asked Questions

Does every company need annual financial statements? +
Most companies are required to prepare annual financial statements, even if they have had little or no trading activity during the financial year. The specific reporting requirements depend on the type of entity and applicable legislation. We can advise you on your obligations and prepare financial statements that meet the relevant standards.
What is the difference between financial statements and management accounts? +
Annual financial statements are prepared at the end of the financial year and are used for statutory reporting and compliance purposes. Management accounts are prepared more regularly—typically monthly or quarterly—and provide business owners with up to-date financial information to help monitor performance and make informed decisions throughout the year.
Does my company need an Independent Review or an audit? +
Whether your company requires an Independent Review, an audit or neither depends on factors such as its Public Interest Score (PIS), legal structure and other legislative requirements. We can assess your circumstances and advise which reporting requirements apply to your business.
Do I need financial statements if my company hasn't traded yet? +
Yes. Registering a company creates legal and statutory obligations, even if the company has not yet started trading. Depending on your circumstances, annual financial statements may still need to be prepared, and annual returns may still need to be submitted to the CIPC. We can advise you on your company's specific reporting requirements and help ensure you remain compliant.
Do trusts need annual financial statements? +
Trusts are required to prepare annual financial statements to accurately reflect their financial position and support their ongoing tax and administrative obligations. Professionally prepared financial statements also assist trustees in meeting their fiduciary responsibilities and maintaining proper financial records.
Why should I use an accountant to prepare my annual financial statements? +
Directors and trustees are responsible for ensuring that accurate financial statements are prepared where required. An accountant helps ensure they comply with the applicable reporting standards and legislative requirements.

Know the benefits

We can help if:

  • You’re unsure whether you’re meeting your tax obligations.
  • Make informed financial decisions.
  • Meet statutory reporting obligations.
  • Improve financial planning.
  • Provide confidence to banks, investors and other stakeholders.

Not sure what you need?

That’s okay.

Tell us what’s going on and we’ll help you work out the next step.

THE NUMBERWIZE DIFFERENCE.

We don’t just want you to have financial statements.

We want you to understand what they’re telling you.