Independent Reviews
Introduction
Independent Reviews provide limited assurance that financial statements are plausible, consistent, and free from obvious errors.
For many private companies in South Africa, Independent Reviews offer a practical and compliant alternative to a full audit, especially when risk and complexity are lower.
Moore South Africa delivers Independent Reviews through experienced accounting and assurance professionals who apply a focused, standards-based approach that enhances financial credibility while remaining efficient and cost-effective.
Who We Work With
Who We Work With
Independent Reviews apply to companies that fall below the thresholds for statutory audits under the Companies Act and require limited assurance rather than full audit procedures.
Private companies with Public Interest scores between 100 and 349
Companies without complex structures or high-risk reporting environments
Owner-managed and family-run businesses seeking basic assurance
SMEs requiring financial statements for lenders or investors
Entities transitioning from compilation to assurance engagements
Limited Assurance Reviews
Limited Assurance Reviews
Independent Reviews provide limited assurance based on inquiry and analytical procedures rather than full audit testing.
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Independent Review of annual financial statements
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Analytical procedures aligned with key business drivers
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High-level inquiries with management and finance teams
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Evaluation of disclosures and accounting policies
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Preparation of the Independent Review Report
Review Readiness & Documentation Support
Review Readiness & Documentation Support
We support clients in preparing for the Independent Review, ensuring that financial information is complete, consistent, and ready for evaluation.
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Review readiness assessments
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Assistance with reconciliations and supporting documents
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Identification of incomplete or inconsistent financial data
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Guidance on year-end procedures for SMEs
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Support with financial statement preparation where required
Technical Accounting & IFRS for SMEs Support
Independent Reviews often involve clarifying the correct treatment of common accounting matters under IFRS for SMEs or full IFRS.
- Interpretation of IFRS and IFRS for SMEs requirements
- Support with revenue, leases, impairments, and financial instruments
- Guidance on disclosure requirements
- Assistance with annual financial statement preparation
- Review of judgements and estimates
Lender & Stakeholder Reporting
Lender & Stakeholder Reporting
Many companies obtain Independent Reviews to satisfy requirements from banks, funders, and other stakeholders who want credible financial information.
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Independent Review reports for lenders and credit providers
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Assurance for investors and business partners
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Support during financing applications
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Clarification of financial trends and performance indicators
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High-level financial insights to support decision making
Why Moore South Africa
Independent Reviews delivered by Moore South Africa combine efficiency with the credibility of a national assurance team.
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Value Assurance
Practical, cost-effective assurance
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Expert Team
Experienced professionals with strong technical knowledge
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Transparent Reporting
Clear communication with management and owners
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SME Focus
Efficient processes suited to SMEs and private companies
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Global Standards
National resources supported by global standards
Additional Services
Get in Touch
If your organisation requires an Independent Review or needs clarity on Companies Act assurance requirements, our team can assist.
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