What is an audit?

An audit is a statutory requirement which comprises the independent, external evaluation of the entities' accounting system and testing of transactions to form an objective opinion, on the fair presentation of financial information.

SAB&T Chartered Accountants Incorporated (“SAB&T”) provides an audit service compliant with the South African Auditing Standards and/or International Audit Standards.

Professional Excellence

Our service is driven by our core values being:

• commitment to service delivery;
• integrity always conforming to high ethical standards;
• teamwork achieved through using multi-disciplined and diverse teams;
• accountability to our stakeholders; and
• quality achieved through compliance with professional standards and active management participation.

Audit Strategy and Approach

The SAB&T audit approach is a risk based approach which includes a detailed risk assessment with the objective of identifying high risk areas. The high risk areas identified directs audit effort which in turn lends itself to a cost-effective audit. The features of our approach are:

• developing an understanding of the entities activities and the environment in which it operates;
• performing a thorough risk assessment;
• customising audit plans;
• critically reviewing the control environment; and
• communicating at each stage of the audit process with all relevant parties.

SAB&T has extensive experience and we are confident that with our vast private and public sector involvement we will be able to serve your needs. Private sector clients range from small, owner-managed businesses to large enterprises.

SAB&T offers the following services, tailored to meet your needs:

• Statutory, Private and Public Sectors;
• Forensic investigations;
• Performance auditing;
• Information Technology/Computer audit;
• Special investigations; and
• Technical advice and interpretations.

SAB&T have been accredited by the JSE as approved auditors for JSE listed companies.