Statutory Audits
Introduction
Statutory audits provide independent assurance that annual financial statements are fairly presented in accordance with IFRS and the Companies Act of South Africa.
These audits strengthen governance, support regulatory compliance, and build confidence among shareholders, lenders, and oversight bodies.
We deliver statutory audits through senior-led teams with strong technical capability, industry knowledge, and a disciplined approach to quality. Our national and global network supports organisations ranging from private companies to large, multi-entity groups.
Who We Work With
Who We Work With
Statutory audits apply to organisations that must obtain independent assurance based on legislative or governance requirements.
Companies with a Public Interest score above 350
Companies whose Memorandum of Incorporation requires an audit
Public companies and state-owned entities
Regulated entities supervised by sector-specific authorities
Organisations with complex reporting structures or external investors
Financial Statement Audits
Financial Statement Audits
Our audit teams provide independent assurance over annual financial statements, supported by robust audit procedures and IFRS expertise.
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Annual financial statement audits aligned with IFRS
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Comprehensive audit planning and documented risk assessments
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Substantive testing and control evaluation using technology-enabled tools
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Assessment of accounting policies, estimates, and significant judgments
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Clear audit opinions and management reporting
Group & Consolidation Support
Group & Consolidation Support
Group structures require coordinated audits and accurate consolidation to ensure consistent reporting across entities.
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Group audit planning and coordination with component auditors
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Review of consolidation processes and group-level disclosures
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Assessment of intercompany balances and elimination entries
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Support with reporting packs and financial close cycles
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Assistance with cross-border and multi-entity group structures
Technical Accounting & IFRS Guidance
Complex accounting matters often arise during statutory audits. Our teams provide integrated technical support to strengthen financial reporting.
- Interpretation and application of IFRS standards
- Guidance on revenue recognition, financial instruments, and impairments
- Support with new or amended accounting standards
- Assessment of fair-value measurements and related disclosures
- Review of group reporting frameworks and technical note preparation
Governance & Regulatory Reporting
Governance & Regulatory Reporting
Statutory audits support governance structures and ensure that reporting meets regulatory expectations.
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Audit committee reporting and presentation support
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Going-concern assessments and disclosure reviews
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Regulatory reporting for sector-specific requirements
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Management letters with findings and practical recommendations
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Engagement with boards and oversight committees
Why Moore South Africa
Our statutory audit services combine rigorous quality with practical, commercially informed insight.
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Leadership Driven
Senior-led engagement teams throughout the audit cycle
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IFRS Expertise
Strong IFRS capability and technical depth
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Transparent Dialogue
Clear communication with management and governance bodies
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Global Integration
Integrated national and global resources for complex structures
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Tech-Enabled
Efficient, technology-supported audit delivery
Additional Services
Get in Touch
If your organisation requires a statutory audit or needs guidance on Companies Act audit obligations, our team is ready to assist.
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