Consulting

Lambat Holdings Group (LHG) Consulting was formed as a result of a direct response to a growing need by start-up and small to medium size businesses to have value add financial , thus allowing the entrepreneurs to concentrate on the actual running of their business. The team at LHG Consulting includes qualified Chartered Accountants who have considerable experience in setting up and advising start-up and small to medium size businesses on the financial aspects of business. LHG Consulting offers services in Accounting, Tax and Advisory to small to medium enterprises and corporates.

ACCOUNTING SERVICES

LHG Consulting provides a full accounting function including but not limited to the following services:

Initial setup of private companies and close corporations with CIPC and sole proprietorships.
Provision and management of monthly payroll services.
Preparation of annual financial statements for Companies, Close Corporation, Individuals and Trusts.
Accurate bookkeeping records
Provision of full accounting function for Body Corporates
Capturing and processing client bank statements and other relevant documentation for monthly processing and annual financial statements.
Preparation of management accounts as required to monitor and provide for income tax and other advices as required.
Monthly, Quarterly, Yearly Recons
Supplier and customer invoice processing
Accurate & timely customer billing
Maintaining of accurate fixed assets register
Assistance with preparation of budgets
Budget monitoring
Preparation of audit packs
Preparation and reconciliation of accounts receivable and accounts payable
Preparation of requisitions and processing of payment of accounts
Serve as independent trustee for a wide array of clients as required.
We provide meaningful feedback to our clients based on the financial information available with can assist in the effective management and operation of your business.

TAXATION SERVICES

Processing of registrations for all forms of taxation (direct and indirect taxes)
Preparation of employees tax reconciliations and IRP5/IT3 (a) certificates.
E-filing process for VAT and submission of EMP201 employee's tax returns
(PAYE) monthly
Taxation planning
Assisting with preparation of audit files for tax audits
Negotiations regarding reducing penalties and interest
Raising objections and related appeals
Completion and submission of statutory provisional and annual tax returns
Obtaining tax clearance certificates and tax directives
Monitoring the status of our clients' compliance obligations
Communicating with the taxation authority on your behalf to obtain responses and corrective action when necessary
Dividends tax declarations
Transfer Duty submissions
Electronic Securities Transfer Tax submissions

ADVISORY

Advisory services provided can be summarised as follows but not limited to:

Conversion to International Financial Reporting Standards (IFRS)
South African Statements of Generally Accepted Accounting Practice Implementation
Audit Readiness
Business Combination Valuations in terms of IFRS
IFRS, GRAP,SOX Training
Assets and Liability Assessment and Valuation
Internal audits
Risk management advisory services
Business process analysis and mapping
Financial process re-engineering
Corporate governance process reviews
System implementation reviews
Compliance reviews
Risk and Governance
Management and Board Pack Preparations

For a detailed brief of how our Corporate Finance division can tailor make a solution to suit your needs, please contact us.

About us

Lambat Holdings Group (Proprietary) Limited is a well-established group that currently operates in the Financial Services, Marketing, Freight & Retail Services across Africa. The group has been set up through the shared strategic vision of its founding shareholders and directors and is aimed at bringing innovative solutions to the world.