Description

• Reconciliation of the Accounts Receivable (AR), Accounts Payable (AP) and Inventory sub-ledgers to the General Ledger (GL).
• Preparation of Financial Statements for the respective years ended 30th September.
• Preparation of any audit adjustment journals.
• Prepare and send out confirmations for a sample of both customer and vendors.
• Follow up on responses for Confirmations.
• Management's provision for bad debt workings and Reconciliation of the provision for bad debt.
• Confirm write offs of receivable balances.
• Schedules and Detailed listing of all other receivables.
• Management workings for the inventory obsolescence provision.
• Costing computation for the inventory.
• Supporting documentation to validate any taxation recoverable balances.
• Complete and accurate Property, Plant and Equipment (PPE) register
• Reconciliation of the PPE register to GL
• Listing of all PPE additions and disposals
• Computation for any gain/loss arising from the disposal of PPE.
• Where there are write offs of PPE.
• Depreciation computation.
• Obtain external valuation reports in relation to PPE for the respective Financial years.
• Has there been any impairment assessments conducted by Management.
• Development cost reconciliation which agrees to the GL.
• Detailed listing of all development costs for the periods ended.
• Amortization workings for the development cost for the respective Financial years.
• Accumulated deficit reconciliation
• Annual return for the 2021 period.
• Any write backs of accounts payables
• Detailed listing of accruals.
• Detailed listing of all other payables.
• Schedule of royalties payable.
• Management computation of the royalties’ expense.
• Supporting documentation for all royalty payments made.
• Royalty payable confirmation from the Ministry.
• Management's workings to support the environmental rehabilitation liability.
• Computation of the environmental rehabilitation balance.
• Sales invoices register for the respective Financial Years.
• Reconciliation of the sales invoice register to the sales GL accounts.
• Detailed listing of all credit notes issued the respective Financial Years.
• Detailed listing of all manual journals recorded in the sales GL accounts.
• Schedules to support the various categories of cost of sales.
• Reconciliation of the inventory cost of sales expense. 
• Reconciliation of the Payroll register to GL.
• Provide all supporting documents requested by the external auditors inclusive of BIR and NIS receipts.