NSELE AND ASSOCIATESCONSULTING

COMPANY PROFILE

NSELE AND ASSOCIATESCONSULTING

Contact Details:

Head Office

Unit 305 Third Floor,34 Essex Terrace,Westville 3629

Phone: 031 350 4220Email: info@nseleandassociates.co.zaCell: 073 580 5381Fax: 086 566 3930

NSELE AND ASSOCIATESCONSULTING

COMPANY PROFILE Reg no. 2015/37287/21

CONTENT PAGE

COMPANY PROFILE Reg no. 2015/37287/21

About UsServicesAccreditationMeet Our Founder

1-56-11 1112

ABOUT US

Nsele and Associates Consulting is a proudly black owned accounting practice offering South African businesses and professionals financial services solutions – ranging from secretarial services; tax services; accounting and financial reporting; business consulting; as well as training and development. Nsele and Associates Consulting boasts a financial skill and efficacy that is key to building trust and confidence in the business financial infrastructure of the clientele we serve. Based in Durban KwaZulu Natal, the Nsele and Associates Consulting team is

equipped with qualified and expert tax practitioners and accountants; business consultants and finance professionals who are put to task to comprehend and analyse business financial requirement and compliance regulations. In doing so, our company eagerly seeks out opportunities and positions of leverage to the advantage of our clients.

Nsele and Associates Consulting is a company dedicated to building financial structures that allow for innovation and growth, rendering us ‘your ultimate business solution’.

NSELE AND ASSOCIATES CONSULTING1

NSELE AND ASSOCIATES CONSULTING2

OUR VISION:

The vision of Nsele and Associates Consulting is embedded in the importance of financial structures within any business. It is our vision to become an integral pillar in the construction of a business’ financial infrastructure; develop and transform financial frameworks in business; be a leading diversified innovator.

OUR MISSION:

Nsele and Associates Consulting strives to become a leading financial services provider through the reputable, efficient and principled delivery of our financial services. Our cognisance of global innovation and awareness of the South African financial landscape informs our endeavour as industry forerunners.

OUR PHILOSOPHY:

Our philosophy is to pursue customer satisfaction through service delivery that is efficient, effective and professional; and service that is rooted in accuracy and accountability.

NSELE AND ASSOCIATES CONSULTING3

NSELE AND ASSOCIATES CONSULTING4

OUR BUSINESS STRATEGY:

Nsele and Associates Consulting catalogues a range of financial services that speak to building the financial core of its clientele. Our approach to service delivery bares a cognisance of the lucrative and holistic development of any business. As such, we take care in providing accurate and dependable services. A key feature of our success is our expert focus in accounting and tax. Our strength is dealing with intricate tax issues and achieving accurate results in a time-efficient manner.

CORE VALUES:

Our Company believes in the continuous advancement of our skills and team to ensure

an aptitude and readiness within the financial sector.

We take seriously our responsibility to efficiently

deliver work that is accurate and reliable.

Nsele and Associates Consulting upholds

excellence in the execution of all our client work, from consultation to completion.

People Accountability Performance

NSELE AND ASSOCIATES CONSULTING5

2. ACCOUNTING AND FINANCIAL REPORTING SERVICES

Due to principals of accuracy and accountability, Nsele and Associates Consulting is a trusted accounting and financial reporting services provider. The aforementioned services extend to:

- Transaction Processing- Complete Bank Reconciliation- Accounts Receivable Maintenance- Fixed Asset Maintenance- Depreciation Schedules Maintenance- Accounts Payable Maintenance- Appointed Accounting Officers in statutory capacity of CC’s- Monthly compilation and maintenance of computerized accounting records- Monthly Management and Financial Reporting- Preparation of Interim and Annual Financial Statements- Payroll and Human Resource Administration- Loan Amortisation- Deposit Processing- General Ledger Maintenance- Account Reconciliation

OUR SERVICES

1. TAX SERVICES

The Nsele and Associates Consulting team is furnished with experts who are tasked to deal with intricate tax issues and achieve accurate results in a time efficient manner. Our tax services are inclusive of:

- Tax planning- Individuals Tax- Company Income Tax and Provisional Tax- Value Added Tax- Estate Duty- Taxation of Trusts- Payroll Taxes

NSELE AND ASSOCIATES CONSULTING6

3. BUSINESS ADVISORY

Nsele and Associates Consulting advisory services provide accurate, meaningful, unbiased and objective information. Our reputation, quality and independence provide third party credibility and confidence to lenders and investors.

We offer audit and advisory services for Privately-Held Businesses and Non-profit Organizations as follows:

Internal Audit

The Firm provides internal audit services that conform to the International Standards for the Professional Practice of Internal Auditing (Standards) and these services are made of:Assurance services: which involve the internal auditor’s objective assessment of evidence to provide opinions or conclusions regarding an entity, operation, function, process, system, or other subject matters.

Consulting services: which are advisory in nature and are generally performed at the specific request of an engagement client

Performance Audit services

Our Performance audit services are offered on Ad hoc basis based on indications or risks for performance weaknesses or problems the performance of undertakings; policy; programmes; organisations; activities and management systems. Our Performance Audit Service offering tasks us with the responsibility to assess the economy, efficiency and effectiveness of business undertakings, and whether there is room for improvement.

Independent Reviews

An independent view of your accounting processes is often necessary when changes in regulatory standards, financial reporting requirements, trade laws, and the move toward global IFRS adoption initiate a need for review. The Firm will make recommendations and provide clarity on how accounting changes impact your tax compliance and reporting platforms.

Our Independent Review services are limited assurance engagements in nature where we perform primarily inquiry and analytical procedures to obtain sufficient appropriate evidence as the basis for a conclusion on the financial statements as a whole, expressed. These reviews conform to the requirements of ISRE 2400 (Revised).

NSELE AND ASSOCIATES CONSULTING7

4. BUSINESS CONSULTING SERVICES

Risk management and internal controls

Nowadays, companies are being significantly more imposed on by shareholders, executive management, regulatory bodies and other stakeholders. As a result, organisations are putting internal control systems as their top priority. An internal control system provides several advantages for organisations which could eventually increase shareholder value, including; better managerial decisions on up-to-date and correct data and information, assuring the interest of company shareholders and securing their investments, better management of risk and implementation of strong and qualified procedures. We therefore assist our clients in the following areas:

• Development and implementation of a risk management framework• Risk assessment, workshops and preparation of risk register• Evaluating existing controls within the organisation and offering improvement support where it is necessary.• Assessing the overall control environment, including key business intelligence systems.• Assessment of any significant deficiencies in accounting systems or personnel and how best to implement improvements• Assisting with the migration processes from old to new system in order to test the integrity of new or revised systems• Addressing material deficiencies detected by external auditors, and the design of a corrective timetable • Setting of objectives - objectives are very important for management before and events affecting their achievement can be identified. Risk management assures that management has a process to set objectives in place and that the identified objectives coordinate with the entity’s mission• Event identification – there are many events that might have an impact on the company. This involves analysing possible events from internal and external sources that affect the attainment of objectives• Control activities – Policies and procedures are established and executed to help ensure the risk responses management selects are effectively carried out

Asset Management Our Asset Management services are explicitly focused on helping clients to achieve their defined objectives and to determine the optimal blend of activities based on these objectives. We help our clients in managing Moveable and Immoveable assets by offering the following services:

• Conducting asset varication for completeness and existence of assets• Performing Assets register reconciliations• Developing Asset Management Policy and procedures Manuals• Loss Control Policy and Procedures Manuals• Fleet Management• Insurance• Preventative repairs and maintenance management

NSELE AND ASSOCIATES CONSULTING8

4. BUSINESS CONSULTING SERVICES

Risk management and internal controls

Nowadays, companies are being significantly more imposed on by shareholders, executive management, regulatory bodies and other stakeholders. As a result, organisations are putting internal control systems as their top priority. An internal control system provides several advantages for organisations which could eventually increase shareholder value, including; better managerial decisions on up-to-date and correct data and information, assuring the interest of company shareholders and securing their investments, better management of risk and implementation of strong and qualified procedures. We therefore assist our clients in the following areas:

• Development and implementation of a risk management framework• Risk assessment, workshops and preparation of risk register• Evaluating existing controls within the organisation and offering improvement support where it is necessary.• Assessing the overall control environment, including key business intelligence systems.• Assessment of any significant deficiencies in accounting systems or personnel and how best to implement improvements• Assisting with the migration processes from old to new system in order to test the integrity of new or revised systems• Addressing material deficiencies detected by external auditors, and the design of a corrective timetable • Setting of objectives - objectives are very important for management before and events affecting their achievement can be identified. Risk management assures that management has a process to set objectives in place and that the identified objectives coordinate with the entity’s mission• Event identification – there are many events that might have an impact on the company. This involves analysing possible events from internal and external sources that affect the attainment of objectives• Control activities – Policies and procedures are established and executed to help ensure the risk responses management selects are effectively carried out

Asset Management Our Asset Management services are explicitly focused on helping clients to achieve their defined objectives and to determine the optimal blend of activities based on these objectives. We help our clients in managing Moveable and Immoveable assets by offering the following services:

• Conducting asset varication for completeness and existence of assets• Performing Assets register reconciliations• Developing Asset Management Policy and procedures Manuals• Loss Control Policy and Procedures Manuals• Fleet Management• Insurance• Preventative repairs and maintenance management

5. SECRETARIAL SERVICE

Nsele and Associates Consulting Secretarial Service is packaged to ensure that our clients comply with the national legislative requirements. These services are inclusive of:

- Name reservation and registrations of Companies with CIPC- Appointment as company secretary- VAT vendor registrations- Individual and Company tax, PAYE, UIF and SDL registrations- Workmen’s compensation registration - Appointment of New Directors- Appointment of New Members- Company and CC conversions- Changing company and CC names

NSELE AND ASSOCIATES CONSULTING9

6. NSELE AND ASSOCIATES SKILLS DEVELOPMENTS

Nsele and Associates Consulting is conscious of the national economic landscape; and as such, we are eager to extend the scope of our impact to driving education-based initiatives that are people centred and premised on upliftment by establishing our Nsele and Associates Skills Developments division.

Nsele and Associates Skills Developments is aptly able to deliver training and skills development to small businesses and individuals. Prioritising the transfer of skills through development and training, this division of Nsele and Associates Consulting endeavours to empower entrepreneurs; coach and mentor small business owners and individuals; and provide short courses and training programmes and learnerships. Nsele and Associates Skills Developments through joint venture agreement partnerships with various accredited training providers extended its scope to offer accredited programmes

Learnerships

Nsele and Associates Skills Developments offers learnerships that are structured programmes in which a learner engages in theoretical and practical learning. This leads to an occupational related qualification registered on the National Qualification Framework (NQF) with the South African Qualifications Authority (SAQA). Nsele and Associates Skills Developments is accredited with Services SETA to provide various accredited and non-accredited courses.

Short Courses and Skills Programmes

Short courses are dynamic training programmes particularly associated with ‘just in time’, and ‘just enough’ learning to meet a specific need in workplace environments. These are usually seen as viable and common method for optimal workplace functioning in all contexts and greatly facilitates access to learning in a manageable manner in terms of cost, time, energy and resources.As Nsele and Associates Skills Developments we pride ourselves in being accredited with Sage South Africa as the Authorized Training Centre to provide unit standard aligned training courses that includes inter alia:

• Sage 50 cloud Pastel Partner• Sage 50 cloud Pastel Xpress• Sage Business Cloud Accounting • Sage Business Cloud Payroll.

Nsele and Associates Skills Developments also has partnered with Finance and Accounting Services Sector Education and Training Authority (FASSET) to host and mentor unemployed university graduates for a minimum of 12 months period for various skills programme which comprise of a work skill component aligned to a unit standard

Our organization is currently hosting graduates for YES HET: Work programme.

Compliance-related Training

Compliance training refers to the process of educating individuals and small business owners on laws and regulations that apply to their day-to-day job responsibilities. It guides and informs trainees on the laws and regulations pertaining to their industry or specific job function, ensuring a safe working environment.

The scope of our compliance related training courses and programmes includes inter alia:

- Bookkeeping Course- Payroll Administration and Human Resources (HR) Course- Business Financial Management Course- Taxation Laws Course- Enterprise and Supplier development Training Programmes

NSELE AND ASSOCIATES CONSULTING10

6. NSELE AND ASSOCIATES SKILLS DEVELOPMENTS

Nsele and Associates Consulting is conscious of the national economic landscape; and as such, we are eager to extend the scope of our impact to driving education-based initiatives that are people centred and premised on upliftment by establishing our Nsele and Associates Skills Developments division.

Nsele and Associates Skills Developments is aptly able to deliver training and skills development to small businesses and individuals. Prioritising the transfer of skills through development and training, this division of Nsele and Associates Consulting endeavours to empower entrepreneurs; coach and mentor small business owners and individuals; and provide short courses and training programmes and learnerships. Nsele and Associates Skills Developments through joint venture agreement partnerships with various accredited training providers extended its scope to offer accredited programmes

Learnerships

Nsele and Associates Skills Developments offers learnerships that are structured programmes in which a learner engages in theoretical and practical learning. This leads to an occupational related qualification registered on the National Qualification Framework (NQF) with the South African Qualifications Authority (SAQA). Nsele and Associates Skills Developments is accredited with Services SETA to provide various accredited and non-accredited courses.

Short Courses and Skills Programmes

Short courses are dynamic training programmes particularly associated with ‘just in time’, and ‘just enough’ learning to meet a specific need in workplace environments. These are usually seen as viable and common method for optimal workplace functioning in all contexts and greatly facilitates access to learning in a manageable manner in terms of cost, time, energy and resources.As Nsele and Associates Skills Developments we pride ourselves in being accredited with Sage South Africa as the Authorized Training Centre to provide unit standard aligned training courses that includes inter alia:

• Sage 50 cloud Pastel Partner• Sage 50 cloud Pastel Xpress• Sage Business Cloud Accounting • Sage Business Cloud Payroll.

Nsele and Associates Skills Developments also has partnered with Finance and Accounting Services Sector Education and Training Authority (FASSET) to host and mentor unemployed university graduates for a minimum of 12 months period for various skills programme which comprise of a work skill component aligned to a unit standard

Our organization is currently hosting graduates for YES HET: Work programme.

Compliance-related Training

Compliance training refers to the process of educating individuals and small business owners on laws and regulations that apply to their day-to-day job responsibilities. It guides and informs trainees on the laws and regulations pertaining to their industry or specific job function, ensuring a safe working environment.

The scope of our compliance related training courses and programmes includes inter alia:

- Bookkeeping Course- Payroll Administration and Human Resources (HR) Course- Business Financial Management Course- Taxation Laws Course- Enterprise and Supplier development Training Programmes

OUR PARTNERS AND ACCREDITATIONS

Our guaranteed service to our clients is built upon our affiliate relations with professional bodies such as the South African Institute of Tax Professionals (SAIT), South African Institutes of Business Accountants (SAIBA), SARS Recognised Controlling Body for SARS Tax Professionals in South Africa and also an active member of Durban Chamber of Commerce and Industry

- South African Institute of Business Accountant (SAIBA)- South African Institute of Tax Professionals (SAIT)- Sage South Africa- Services SETA- FASSET SETA- South African Revenue Services (SARS)- Companies and Intellectual Property Commission (CIPC)- Department of Labour- Sage Authorized Reseller

NSELE AND ASSOCIATES CONSULTING11

Zakhele Nsele is the brains and brawn behind Nsele and Associates Consulting. Having founded the Company and positioned as the Managing Director, his role prioritises the management and development of a dynamic team of support and business analysis staff – across all spheres of the business.

Nsele boldly upholds integrity and discipline in his day-to-day practice, supporting his role in ensuring his support and business analysis staff remain focused and motivated in venturing towards the company’s goals.

Holding a Bachelor’s Degree in Taxation and a member of the South African Institute of Tax Professionals (SAIT); and South African Institute of Business Accountants (SAIBA); SARS Recognised Controlling Body for SARS Tax Professionals in South Africa and also a member Durban of Commerce and Industry; the recognized world-class Business Chamber; and a united voice of business in Durban – Nsele is proud to present Nsele and Associates Consulting.

MEET OUR FOUNDER:

NSELE AND ASSOCIATES CONSULTING12

NSELE AND ASSOCIATESCONSULTING