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Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accountingstandards. Engage Third Parties Early: Engage valuation firms and appraisers early in the process, as these experts can help support audit preparation and reduce hassles later on.
The conversation about the underinvestment in intangible assets in South Africa, and the challenges of accounting for these assets (due to subjective accounting treatments), directly impacts how CFOs approach financial reporting. Why is this important for CFOs? IFRS, US GAAP). Leana van der Merwe: That’s a great point, Daan.
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